Peoria, IL- The Community Foundation of Central Illinois (CFCI) is pleased to announce that it awarded over $5.1 million in grants and scholarships to support charitable causes during the 2009-2010 fiscal year.
Mark Roberts, CFCI’s CEO, stated “at a time when every charitable dollar is critically important, the Community Foundation of Central Illinois is pleased to be able to positively impact the quality of life in our community. Above all else, we are grateful to our generous fund holders and other donors who work with CFCI to accomplish their philanthropic goals.”
The $5.1 million figure includes over $1.5 million granted from CFCI’s unrestricted, field of interest, and donor-advised funds, as well as more than $3.5 million distributed from The Depository. The Depository, commonly described as a “charitable checking account”, enables donors to easily make charitable gifts by donating appreciated securities.
The mission of the Community Foundation of Central Illinois is to serve as a philanthropic resource committed to Connecting People Who Care with Causes That Matter. Individuals, families, businesses, and organizations create permanent charitable funds that help our community meet the challenges of changing times. The role of the foundation is to invest and administers these funds through community granting programs and individual or private giving.
The Community Foundation of Central Illinois is overseen by a volunteer board of leading citizens and operated by professionals with expertise in identifying community needs and grantmaking.