Community Foundation announces endowment match challenge

The Community Foundation for San Benito County announced its Endowment Match Challenge. A donor has provided $150,000 in order to help build endowment funds and create a lasting legacy in the community.
Participating nonprofits will receive a 1:1 matching grant from the Community Foundation for each $1 they raise for their endowment fund during this program.
If the nonprofit would like to open a new fund, a minimum of $5,000 is needed, as it takes $10,000 to start an endowment.
The nonprofit Endowment Match Challenge is open to all nonprofit organizations who serve San Benito County. Any amount donated to the organization’s endowment fund, up to $150,000, will automatically be doubled. The nonprofit could instantly have a great start to an endowment fund to help the organization in perpetuity.
The purpose of this program is to inspire and challenge the nonprofit sector of our community to begin strengthening itself through endowment building. Permanent endowments are important goals for the long-term sustainability of nonprofit organizations.
The perpetual revenue stream generated from endowments will help insure the financial viability of these nonprofits forever.
The Endowment Match Challenge opened April 1 and runs until the total match has been awarded ($150,000 in total). Grants will be awarded on a first come, first served basis.
Residents can help a nonprofit begin their endowment, or give to a current nonprofit fund. The current nonprofit endowment funds are:
• Hollister Tremors Youth Soccer Club
• Hope for a Cure
• Janet Graham
Memorial
• Land Trust Endowment
• Nan Pipestem Wildlife Rehabilitation Center
• Pet Friends
• Rotary Mattson
• Sacred Heart Parish School
• SBC Athletic Foundation
• SBC Culinary and
Hospitality Foundation
• SBC Historical Society
• United Methodist Church Endowment
• United Way of SBC
• YMCA of SBC
• Youth Alliance
• Baler Education
Foundation
• Caregivers Program
• Chamberlain’s Children Center
• Charlie Presser
Memorial
• Community Food Bank CSDC
• Downtown Endowment
• E-Cubed Foundation
• Emmaus House
• Friends of the
SBC Library
• Friends of
Southside School
• Girl Scouts of SBC
• Go Kids
• Hazel Hawkins Hospital
• Foundation
• Hollister FFA
Ag Boosters
All checks must be made to the Community Foundation for San Benito County. For further information, contact Stephanie Hicks at (831) 630-1924 or email sh****@cf****.org