Grays Harbor Community Foundation Launches Agency Endowment Matching Program

The Grays Harbor Community Foundation is excited to launch our newest effort to partner with local nonprofits through our Agency Endowment Matching Program. This program was created to help organizations build a source of income that will benefit their organizations and mission in perpetuity.

The Community Foundation will match 20% of any new gift to an eligible agency endowment that has agreed to comply with our spending policy. Donations are subject to a maximum of $10,000 in matching funds for each endowed agency fund per calendar year.

An Agency Endowment Fund is a permanently endowed fund that is established by a nonprofit agency. Agency funds give nonprofit organizations the opportunity to safeguard original investments, while creating a permanent stream of revenue for the agency.

Executive Director, Eric Potts commented: “Part of our job at the Foundation is researching industry best practices for partnering with our local nonprofit agencies. While the bulk of our work is awarding funding for projects and program that are conducted by our local nonprofit agencies, we wanted to deepen our level of commitment by offering something in addition to trainings and grant funding. Being able to match donations while providing a source of income that will last forever is our way of showing our commitment to these organizations that are providing critical resources to our community.”

You may find out more about our Agency Endowment Matching Program by checking the Foundation website at www.gh-cf.org or you may contact the Foundation staff at 532-1600 or by e-mail at info@gh-cf.org.

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