News

February 14, 2024

For the Love of our Community The Foundation Celebrates $10.7M in Impact in 2023

The Community Foundation for the Greater Capital Region marks extraordinary generosity and investment of $10.8 million in charitable donations throughout our region in 2023.

The Community Foundation serves our region as a philanthropic partner to more than 470 thoughtful and generous individuals, families and local businesses who established funds to support their charitable giving.

In 2023, the Community Foundation for the Greater Capital Region recorded one of its largest investments in support of nonprofits and in scholarship awards to local students. Together with our family of funds and in partnership with regional private and family foundations, the Community Foundation facilitated $9.2M in directed grantmaking and distributed more than $1.5M in unrestricted grants and scholarships from permanent endowment funds entrusted to the Foundation.

Unlike a commercial fund, a Community Foundation has in-depth knowledge of local needs and a greater understanding of the nonprofits serving on the frontlines to support our neighbors; and any fees are an investment in endeavors that lead and fund collective impact strategies to support the place we call home. Embracing the belief that when our community thrives, we are stronger, the Foundation is committed to providing free educational programming for nonprofits and is stewarding the next generation of nonprofit board members through its Catalysts for Change Leadership Program.

“As a community foundation, we know from our experiences that the strength of any community is the collective result of many working together for the common good,” said John Eberle, President and CEO. “Our mission is to strengthen our community through philanthropy. Our generous partners in the region are critical to achieving this mission.”