Foundations

The Pasadena Community Foundation marks the growing role of community foundations this week – Pasadena Now

The Pasadena Community Foundation (PCF) said it is joining the national celebration of Community Foundations Week which runs through Thursday, which recognizes the increasingly important role that community foundations play in strengthening communities and helping residents thrive.

As one of the fastest growing forms of philanthropy, community foundations are independent public entities that manage philanthropic resources from institutional and individual donors to local nonprofits. Their collaborative approach by working with the public, private and non-profit sectors addresses community issues and finds solutions for communities large and small, urban and rural.

Here in Pasadena, the CPF’s substantial grant program helps local nonprofit agencies address social issues such as homelessness and food insecurity, uplift the arts and students, reinvigorate equity initiatives. environmental and racial development and to promote community and economic development.

“The work of community foundations goes beyond the practice of giving – it touches the lives of individuals as well. Nationwide community foundations have a tangible and positive impact on individuals and communities, ”says Jennifer DeVoll, PCF.

President and CEO. “National Community Foundations Week gives us the opportunity to applaud the partnerships and continued work that it takes to build, maintain and develop a healthy community. “

The impact of the PCF in the greater Pasadena area is notable.

By the end of 2021, the PCF will have awarded $ 2.7 million in grants to more than 100 local non-profit organizations. This year, the PCF continued to play a leading role in the fight against the pandemic while maintaining its core grant programs, the organization said in a statement.

The PCF said in a statement it was particularly proud of its partnership with the city of Pasadena with two pandemic relief projects: the city-wide effort to distribute vaccines equitably and efficiently. , and the Microenterprise Grants Program, which ultimately helped 59 people from local and minority interests. businesses keep their doors open.

Founded in 1953, the Pasadena Community Foundation (PCF) is a tax-exempt public charity created by and for the people of Pasadena that manages nearly $ 130 million in charitable assets.

PCF works with individuals, families and organizations to establish philanthropic funds, create and build endowment funds, and distribute charitable donations to nonprofit organizations. https://pasadenacf.org/

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