WATERTOWN, NY — The Northern New York Community Foundation has approved a $20,000 matching grant to help establish and build an endowment fund for the Alexandria Bay Chapter of the Foundation for Community Betterment.
The Community Foundation has officially partnered with the Foundation for Community Betterment in Alexandria Bay to support the organization’s future with the creation of a permanent endowment fund.
The Community Foundation will match, dollar-for-dollar, any money raised by the Foundation for Community Betterment up to $20,000. An endowment at the Community Foundation will allow the Foundation for Community Betterment to provide greater options for their supporters to ensure that their important work and mission will go on for generations and stay local. The Foundation for Community Betterment joins over 50 other organizations in Jefferson County.
“Our organization and events have been going on for almost 20 years. We have three generations of volunteers that make up our local chapter. This partnership with the Community Foundation represents the next step in our evolution and guarantees that we will have presence in our community, forever.” said Trevor Garlock, board member of the Foundation for Community Betterment, Alexandria Bay chapter.
The Foundation for Community Betterment in Alexandria Bay has been raising money and hosting fundraising events in the Thousand Islands region since 2000. These funds are generally used to help individuals or local organizations in need. Recipients of these funds must be recommended by someone in the Foundation’s network of supporters, possess philanthropic spirit, and the funds must make a immediate and specific difference to that individual or organization.
“This partnership is a natural linking of organizations of similar purpose, with a special geographic-specific emphasis. We think that as important as their work is now, it will be just as important in the future. This fund will help ensure that goal can be achieved and sustained on a local level,” said Rande Richardson, Community Foundation director.
Upcoming events for the Foundation for Community Betterment of Alexandria Bay are Alex Bay’s annual Paddle, golf, tennis, and bike on July 27th & 28th, and Chippewa Bay’s Paddle for a Purpose on August 18th. Details can be found on their website: www.communitybetterment.org.
The Northern New York Community Foundation makes grants to support the work of non-profit organizations and provides scholarships to individuals in Jefferson, Lewis and St. Lawrence Counties. The Foundation has been built and added to from gifts (both while living and through their legacy plans) by individuals and organizations committed to meeting the changing needs of Northern New York, as well as supporting specific charitable interests and passions.