Local Endowments Raise over $521,000 for Alaska Communities
Affiliate Community Funds of The Alaska Community Foundation Build Local Philanthropy
(ALASKA) – Thanks to the incredible generosity of Alaskans across the state, nine Affiliate community funds of The Alaska Community Foundation (ACF) raised over $257,000 to jumpstart their local community endowments in Ketchikan, Sitka, Chilkat Valley, Seward, Petersburg, Upper Susitna, Greater Fairbanks area and Kodiak. Community donations were generously matched by the Rasmuson Foundation, resulting in an additional contribution of $264,000 in matching funds for the local endowments in these communities.
“Local giving is at the heart of The Alaska Community Foundation,” states Candace Winkler, President & CEO of ACF. “We celebrate the leadership of our Affiliates and the collaboration with the Rasmuson Foundation to encourage local giving across Alaska to build permanent community assets that will endure for generations to come.”
In 2008, The Alaska Community Foundation established five geographical Affiliate funds in Haines, the Kenai Peninsula, Petersburg, Seward, and the Upper Susitna. In 2013, ACF welcomed four new Affiliate community funds in Fairbanks, Ketchikan, Kodiak, and Sitka. A key component of the Affiliate program is a generous matching challenge offered by the Rasmuson Foundation to help “jump-start” the growth of the local Affiliate funds. Following in the same model of matching support initiated for the 2008 Affiliates, the new 2013 Affiliates met their first-year challenge to raise $25,000 and will receive $5,000 for immediate local grantmaking from the Rasmuson Foundation.
All nine Affiliates continue to make significant progress in their annual fundraising goals to grow this permanent community asset for future generations. ACF gratefully acknowledges the vision and continued partnership of the Rasmuson Foundation.
“We are so grateful and appreciative to all of our donors for their support and contribution,” says Jo Kuchle, Chair of the Golden Heart Community Foundation. “The Golden Heart Community Foundation is also grateful to the Rasmuson Foundation for the matching grant. Thank you for making a long-term investment into our community. We hope to partner with our three grantees – Stone Soup Café, Fairbanks Community Food Bank and the Greater Fairbanks Memorial Hospital Foundation – to improve the quality of life for all who live in Fairbanks.”
Established in 1995, The Alaska Community Foundation cultivates, celebrates and sustains all forms of philanthropy by connecting people who care to causes that matter. For more information, visit www.alaskacf.org.
Posted: January 28, 2014