FOR IMMEDIATE RELEASE
December 15, 2009
Contact:
Robin Reid, Communications Director
Madison Community Foundation
(608) 232-1763 x233
rreid@madisoncommunityfoundation.org
Madison Community Foundation fills $30,000 shortfall for Independent Living
Staff at Madison Community Foundation learned that Dane County had to cut $30,000 from Independent Living’s eviction prevention program for seniors, and stepped in quickly to create a plan to fill the gap.
“We heard about the budget cut on Thursday evening and by Friday afternoon were able to identify $20,000 from a restricted fund that is a part of the Madison Community Foundation Community Impact Grant Funding,” said Tom Linfield, Vice President, Grantmaking & Community Initiatives. “An anonymous donor provided an additional $10,000 to help restore the entire amount.”
Madison Community Foundation designated over $550,000 in competitive grant funds in 2009 to target the basic needs of food, shelter, and energy assistance. Those funds helped leverage an additional $1.8 million from individual donors, foundations, and state and federal funds.
The mission of the Madison Community Foundation is to encourage, facilitate, and manage long-term philanthropy.
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