GHCF reaches $50 million milestone

As of July 15, 2014, the Grays Harbor Community Foundation has exceeded a threshold of $50 million in assets, through a substantial distribution from the Estate of Ann R. Weatherwax.  This now makes GHCF the sixth largest Community Foundation of the 29 in Washington State. In existence for twenty years, the Foundation has been serving the Grays Harbor community through its grants and scholarships programs, assisting hundreds of local nonprofit agencies fulfill their missions and more than a thousand students attain their educational dreams.  The Foundation is working to make Grays Harbor a better place to live, by supporting efforts to improve the community, by building a “community of giving” and being a resource for local nonprofits. “We are pleased to be able to continue our work in Grays Harbor in perpetuity,” said Executive Director, Jim Daly. “The exceptional growth of the Community Foundation would not be possible without strong investment returns and the continued support of our donors who believe in our community and the Foundation programs. In 2014, we have chosen 332 students to receive $553,000 in scholarships for students of any age pursuing college or vocational/technical education after high school. We also expect to award at least $1.5 million in grants to nonprofit organizations in Grays Harbor through our discretionary grants program, as well as our donor advised and designated grant distributions.” Some of our recent grants have included support for: Hope From Horses, a riding program for physically and mentally challenged youth; the Children’s Advocacy Center, the Domestic Violence Center, and Beyond Survival; playground equipment replacement at four parks; Meals-on-Wheels, for a new delivery vehicle; two school STEM programs and two Robotics Clubs; a “Technology in the Classroom” initiative; and, funding to send every sixth grade student in Grays Harbor County to the Pacific Northwest Ballet’s production of “The Nutcracker” in Seattle through the Gladys Phillips Cultural Tours fund, which originated with the E.K. and Lillian Bishop Foundation.

 

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