November 12-18 is Community Foundation Week! #CFWeek was established in 1989 by former President George H. W. Bush to acknowledge the great work Community Foundations are achieving within their communities and throughout the nation. But what is a Community Foundation and what role do they play in our societies?
Community Foundations are grantmaking charitable organizations that are dedicated to improving the lives of citizens of all ages within their respective regions. They actively work with donors, families, businesses, government agencies and other non-profits to provide resources that otherwise would not be available. Billions of dollars are distributed each year to support programs and initiatives that are focused on education, health, youth, the environment and more.
There are more than 700 Community Foundations within the United States and more than 1,500 that operate in various countries around the world. Community Foundations play an important role in our communities as they serve as the catalyst for positive change within our urban and rural communities.
In America’s Paradise, the Community Foundation of the Virgin Islands (CFVI) has been serving the territory for 27 years! Did you know that CFVI was established in 1990 with an endowment of $540,000 from Ambassador Henry Kimelman and Charlotte Kimelman? To date, CFVI has given away more than $25 million (and counting) in grants, services, and scholarships in the US Virgin Islands.
Currently, CFVI is serving as a vehicle for receiving and distributing funds to support hurricane-related relief efforts since the territory-wide devastation caused by Hurricanes Irma and Maria. As the territory continues to recover, we want to thank our generous donors for their continued support. Community Foundations around the world and all of us at CFVI are committed to serving the greater community by providing a better quality of life for all.
For more information about Community Foundations and #CFWeek click here.
To learn more about the Community Foundation of the Virgin Islands, click here.
Categories: CFVI Highlights