The audience waits to learn who will receive grants this year.
Board Chair Carolyn Jabs welcomed attendees and noted that “this year Women’s Fund set a new record with 1,451 members, making us the largest giving circle in the U.S. by membership. Our combined contributions resulted in a grants pool of $1,375,000.”
We awarded $1,275,000 last week; Jabs further explained “that $100,000 of the grants pool has been set aside to fund a new Pilot Program for Small Grants” to benefit local nonprofits with annual revenues under $500,000 whose work aligns with our community priorities.
“The initiative will launch in June,” Vice Chair Lauren Trujillo later explained. “These one-year grants of $10,000 or $25,000 are intended to provide flexible operating support where it can make a meaningful difference.”
Since its founding in 2004, the Women’s Fund has awarded nearly $14 million to 173 nonprofits serving south Santa Barbara County. A complete list of agencies can be found in the Impact Report and on the Women’s Fund website. The list demonstrates the power of giving when resources are pooled for the common good.
Hats off to the hardworking Research Committee! Jabs acknowledged that this was an unusually challenging year “because many of our local non-profits face rapid and, sometimes devastating, changes in funding” with a larger number requesting gap funding to sustain their work.
Supporting the work of local nonprofits is the heart and soul of why the Women’s Fund exists. On May 13th, we once again brought to the stage the leaders of recipient agencies to share the impact of their critical work on the lives of those they serve – with our help.
As Jabs said, “For me, hearing directly from the people who lead these agencies is one of the very best things about being a Women’s Fund member.” No doubt, we all agree. |