Young Philanthropy Group Awards $23,000 to FW Nonprofit
Contact: Mia Edwards
, Communications Associate, 817.877.0702.
FOR IMMEDIATE RELEASE
February 16, 2017
Young Philanthropy Group Awards Fort Worth Nonprofit $23,000
Literacy United will launch a summer reading program with WORTH’s grant award
FORT WORTH (Feb. 16, 2017) – The North Texas Community Foundation’s young philanthropy group, WORTH: The Next Generation of Philanthropists, granted $23,000 to Literacy United at last night’s WORTHcelebrating members-only event at a private residence.
The grant award will fund Literacy United’s Reading Panthers summer reading intervention program for struggling readers attending the Panther Boys and Girls Club. The project will launch in June of 2017 and will serve approximately 50 children ages five to eight who are 100 percent economically disadvantaged. Certified reading specialists will work with children in small groups from 9 a.m. to 2 p.m., Monday through Thursday for ten weeks.
WORTH members chose education and literacy as their focus area for the 2016-17 year and held a grant deliberation meeting in late January where members discussed 13 requests for funds from local nonprofits. Ultimately, Literacy United was the nonprofit selected to receive funding. To review the WORTH Catalog with the list of proposals, click here.
Funding assets were made possible through dollar for dollar matching funds from four private investors; Higginbotham Community Fund, Hodges Fund, Huckabee Community Excellence Fund and Meta Alice Keith Bratten Foundation; Stephen Gilchrist of SouthWest Ford-Nissan-VW-Buick-GMC and the ToolBox Grants Fund at the North Texas Community Foundation.
Members make an annual donation of $250 to the WORTH Endowment Fund at the North Texas Community Foundation. By joining the group, members achieve greater charitable impact in North Texas and Fort Worth. With private investors matching funds dollar for dollar in grant making, WORTH members help scale smart philanthropic investments up to $40,000 per year at their discretion. Visit our WORTH page for more information on how to join WORTH.
About North Texas Community Foundation
The North Texas Community Foundation is a permanent collection of charitable funds supported by donors. For over thirty-five years, the Community Foundation has promoted responsible charitable giving in order to build a better community. The Community Foundation ranks number one for donor satisfaction among community foundations surveyed by The Center for Effective Philanthropy. To learn more, visit www.NorthTexasCF.org.
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