August 28, 2008
The Harvest Foundation will grant $80,000 to the Community foundation of Western Virginia, Inc. oh behalf of the Martinsville Area Community Foundation to go toward organization capacity building, according to a Harvest release. The grant will be awarded over three years and will contribute to the community's quality of life, the release stated.
The Martinsville Area Community Foundation (MACF) was formed in 2005 with endowment funds carried over from the sale of Memorial Hospital of Martinsville and Henry County in addition to a seed grant from the Harvest Foundation. Since then, MACF has grown to more than 20 endowment funds totaling about $11 million. To date, the organization has made grants of more than $1 million to address community needs.
With the grant, the director of MACF should have more time for personal interaction with the community and its major stakeholders and future donors, and have time to investiate and implement creative grant initiatives that would produce a more centrally focused, collaborative effort to help the community and residents.
"MACF is thrilled that the Harvest Foundation has again stepped forward with this grant at a critical point in the Community Foundation's development. With this funding, we will be able to take the next step forward in our growth and become even better-positioned to help local families establish new endowments for the long-term benefit of the community," said April Haynes, Director of the Martinsville Area Community Foundation.
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