News Article

ACF donors distribute $19.3 million in first-quarter grants, scholarships and loans

The Arizona Community Foundation and its donors are pleased to announce grant and scholarship distributions for the first quarter of its fiscal year. Between April 1 and June 30, 2018, a total of $19,345,148 was awarded from funds of the Arizona Community Foundation and its six statewide Affiliates in Cochise, Flagstaff, the Gila Valley, Sedona, Yavapai County and Yuma.

Funds totaling $18,295,148 in both discretionary and advised grants and scholarships were awarded in five strategic priority areas:  Health Innovations, Community Improvement & Development, Environment & Sustainability, Arts & Culture and Quality Education. 

Health Innovations: 

A total of $5.8 million was awarded to 624 organizations and programs in the areas of health, health care, medical research and a variety of human services. Among the distributions for the quarter were: $50,000 from multiple funds to support the Phoenix Indian School Visitor Center through Native American Connections. St. Mary’s Food Bank Alliance received $68,200 from the Carroll M. & Beulah R. Whitcher Fund to support their Westside Food Bank in Sun City. Phoenix Children’s Hospital Foundation received $460,090 from the Erma Bombeck Memorial Fund, to be used for their Dialysis Center construction project.

 

 


 
 DONORS MAKING A DIFFERENCE  
Local First Arizona Foundation’s Fuerza Local Business Accelerator is a six-month program designed to teach under-served micro-entrepreneurs important basics for financial literacy and business development. Participants make on-time payments through a lending circle, building a credit history, and enabling them to access credit at fair market rates through partner financial institutions. The grant from the Ingebritson Family Foundation, an ACF supporting organization, will provide $20,000 in support of this program.  

 

 

Community Improvement & Development:

A total of $2.4 million was awarded to 169 programs in this category, which includes housing, community and neighborhood development, financial literacy training, legal assistance and crime prevention programs. Among the grants awarded this quarter were: $51,800 from the Pakis Family Foundation and the Ingebritson Family Foundation to support Local First Arizona Foundation’s Source AZ and Fuerza Local programs. A total of $171,900 was awarded through the First Baptist Church of Phoenix Foundation’s grant cycle, including $20,000 to support the Excel Leadership Network.

Environment & Sustainability:

A total of $1.16 million was awarded to 112 organizations and programs in the areas of environmental education, renewable resources, conservation, and animal welfare. Among the distributions for the quarter, Conservation Legacy received $25,000 from the Colorado Plateau Foundation to develop pilot farm crops crew, create an education and training component and form a local network of partners.

Arts & Culture: 

A total of $926,356 was awarded to 127 artistic and cultural organizations across Arizona. Among the grants were: $20,000 from the A. Wallace Denny Fund for Music Education to the VH-1 Save the Music Foundation in support of the Avondale Early Music Education Fund and $40,000 from the Victor and Katherine Piccoli Endowment Fund to the Phoenix Center for the Arts to support DACA Youth Engagement programs.

Quality Education:

During this quarter, a total of $6.5 million was awarded in scholarships and education-related grants. Among the distributions this quarter, Treasures 4 Teachers, Inc. received $25,000 from the HanaBay Fund in honor of Jacquelyn Dipaola, a dedicated first-grade teacher in the Glendale Elementary School District. The Valley Interfaith Project Education Fund received $40,000 from the McMiles Donor Advised Fund to support a public engagement strategy for their human development agenda.

College scholarships accounted for $333,770 of the quarter’s total and were awarded for the benefit of 182 students pursuing higher education. College scholarships are awarded to Arizona students to attend a wide range of colleges, universities and technical schools in Arizona and across the United States.

Private K-12 school scholarships for low-income, displaced and disabled students awarded from ACF’s School Tuition Organization accounted for $1.4 million of the $6.5 million total, and supported 487 students.

Additional distribution details

In addition to these grants, 56 nonprofit organizations with agency endowments managed by the Arizona Community Foundation received their annual distributions during the third quarter of ACF’s fiscal year, accounting for the remaining $1.45 million distributed during the quarter.  

The $18.3 million awarded across all categories represents 1,971 grants and scholarships. Some grants are awarded at the discretion of the Arizona Community Foundation with input from board committees and diverse community panels, while others are awarded through donor advice. All grants are approved or ratified by ACF’s Philanthropic Services Committee whose members include ACF board representatives and other community leaders.

Community Impact Loans

PHOENIX ART MUSEUM

Through its Community Impact Loan Fundthe Arizona Community Foundation will invest an additional $1,050,000 in loan funding to the Phoenix Art Museum. The loan—funded through a partnership between ACF, Dignity Health, and the Phoenix Community Development & Investment Corporation—will be used to protect valuable art assets by funding upgrades and expansion for the museum’s vault and storage capabilities. These essential storage upgrades are out of the public view and generate very little donor interest.

ACF has emerged as a national leader in impact investing through the creation of the Community Impact Loan Fund. This charitable vehicle works alongside traditional grantmaking accomplishing two important goals: producing measurable social impact; and building resources for future investing. Working together with a variety of capital partners, grantmakers, and nonprofit leaders, the multi-million-dollar Community Impact Loan Fund produces capital solutions that are more robust than grants alone.

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