Thursday, February 12, 2009

Community Foundation Increases Funding

The Press & Sun-Bulletin reported that:

"At a time when decreasing revenue and increasing expenses have led almost everyone to cut programs or services, a Binghamton-based foundation is taking the opposite course.

Though its CommuniFund grants, The Community Foundation of South Central New York will increase its funding by $50,000 this year to a total of $200,000 for various programs of local nonprofit organizations, municipalities and schools." Read more here.

Diane Brown, Executive Director of the Foundation, sharrd her thoughts on how the Community Foundation's funds are an investment in the community. Overall, it is clear that the Community Foundation, the funds they invest, and what nonprofits do with these funds illustrate an important economic impact in the community.

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