The assets represent the donations of more than 700 phi- lanthropists interested in supporting critical causes in the local community through the establishment of individual funds.
Nearly $50 million has been returned to the community through grants from these funds since the Foundation began, a statement said.
“Support from organizations like the Community Foundation ismore critical today than it ever has been,” said the Foundation’s President and CEO Linda Carter. “No matter what happens with the government, its support to nonprofits is guaranteed to shrink even more in the future.
“We are fortunate in this community that people see the value in investing in the community leadership. They are creating legacies that will support causes that matter, for good, forever.”
The Foundation said it has taken on a leadership role in past years on a number of critical issues, including HIV/AIDS education, children aging out of foster care and homelessness.
Current initiatives include support of arts and cultural programming, educational programs for nonprofit leaders and the Re-Engage for Good campaign that will invest more than $1 million to support programs that move retiring baby boomers into encore careers for social good.
The Foundation also announced that it received the seal of approval from the National Standards for U.S. Community Foundations indicating full com- pliance with all national standards governing community foundations nationwide.
For information on how to establish a fund at the Foundation or apply for a grant, visit www.cfbroward.org.