Our spring granting cycle has recently closed, and we were very glad to see a large number of applicants coming in through both our direct channels and through the Phoenix Foundation. Our community endowment with the Phoenix now sits close to $800,000, with the final aim being $1,000,000. Each year, the income earned from this endowment is put towards community grants through the Phoenix Foundation.
As we remain in the middle of the disbursement process, we are unable to know exactly who will receive what at this point - but we do expect more than $20,000 to be granted through our endowment this cycle. We are excited with the potential we have seen, and cannot wait for these projects come to life in 2018. There are some great groups out there with some great plans to help improve our region.
Keep on the lookout through our social media, and through the Phoenix Foundation for updates on this as the year progresses!