Chico, California (August 2, 2012) – Annie B's Community Drive has started with 250 charitable causes in Butte, Glenn, Tehama and Colusa counties participating in what quickly became the largest community-wide grant program in the region. After challenging the region with an initial $500,000 in percentage grants for the first five years, the Foundation has committed to another $500,000 which will take the Drive until 2016.
"Although we designed the program to increase private giving and raise awareness of community needs, we couldn't have imagined how successful Annie B's would become. There are two clear reasons for this success; the overwhelming generosity of our region and the tireless and effective work of our nonprofit sector. They are Annie B's," explained the President and CEO of the North Valley Community Foundation, Alexa Benson-Valavanis.
The Annie B's Community Drive is designed to encourage giving to local nonprofits during a two-month donation period, August 1 - September 30.
During the five years of Annie B's, more than $4,500,000 in contributions for local nonprofits was matched by nearly $500,000 from North Valley Community Foundation, allowing donors' contributions to make an even greater difference in the region.
Donors to nonprofit organizations participating in the Annie B's Community Drive must make their contributions by September 30 at 5:00pm. Gifts are made to NVCF by a donor on behalf of the qualified local charity.
Nonprofits receive 100% of these donor contributions plus monies will be added from the grant funds available. The total amount of donations determines the match percentage.
A special event will be held September 20 in conjunction with the Thursday Might Market at the Chico City Plaza highlighting participating nonprofits. A complete list of participating nonprofits is available on the NVCF website, www.nvcf.org, where donations can be made online.
In addition to increasing support for local nonprofit organizations, the goal of Annie B's Community Drive is to help organizations fulfill their missions in sustainable ways and to increase support from donations. Many participating organizations will use this opportunity to create and/or increase their endowment funds at NVCF.
NVCF is a nonprofit, philanthropic organization that builds financial resources to meet community needs through grants and programs primarily for residents in the Butte, Colusa, Glenn and Tehama counties. With net assets of over $10 million, NVCF provides financial and administrative services to donors, professional advisors and nonprofit organizations with the goal of enriching the quality of life for community members
The NVCF office is open Monday – Friday, 8:00am-5pm and by appointments. NVCF is located at 3120 Cohasset Rd., Suite 8 in Chico, California. Call (530) 891-1150 ext. 28 with any questions or visit the NVCF website, www.nvcf.org to learn more about programs and services. Email: Alexa Benson-Valavanis at email@example.com