HARTFORD – The Jewish Community Foundation of Greater Hartford surpassed its all-time record for annual grant making, awarding 1,118 grants for a total of $4.5 million, a $245,000 increase from its previous fiscal year.
“This record-breaking fiscal year underscores the power of individual and collective philanthropy to solve problems and increase social impact,” said Jacob Schreiber, the Foundation’s president and CEO. “We offer donors a tailored experience so they can explore their philanthropic goals and support the causes they care most about.”
Grants were awarded to organizations locally, nationally, in Israel and around the world. Organizations use the grants for a wealth of activities including: supporting music therapy programs for people with developmental disabilities; assisting with the health and wellness needs of the elderly; providing education scholarships to help students afford the increasing cost of higher education; and supporting the growth of programs of nonprofit organizations that meet community needs.
According to Schreiber, these record-breaking totals can be attributed to the Foundation’s increasing asset base; harnessing the power of endowment; and an increasing belief from donors in philanthropy to transform communities.