Lawton Community Foundation Distributes More than $59,000 to Local Charitable Organizations
The Lawton Community Foundation provided distributions of more than $59,000 for fiscal year 2009 to 23 nonprofits participating in the charitable organization endowment program. The distributions were made during the annual Charitable Organization Endowment breakfast on Tuesday, November 17 in the Shepler Center Ballroom at Cameron University.
Our charitable organization endowment program provides a reliable source of income for area nonprofits, while also offering a convenient way for donors to make contributions. Currently the program serves 24 organizations who rely upon their annual distributions to help them meet the varied needs of the community. The Greater Lawton Rotary Club established an endowment fund after August 1, 2009 and will receive its first annual distribution in 2010.
“We are thrilled with the success of the Lawton Community Foundation in supporting the charitable interests of our community and surrounding areas,” says Gene Love, Lawton Community Foundation president. “We are committed to helping these charitable organizations sustain their long-term viability through the growth of their endowment funds, which will provide them with a steady stream of income each year.”
Last November in recognition of our 10th anniversary, the Lawton Community Foundation launched the Anniversary Match Challenge to encourage donor support of charitable organization endowments. Gifts made by individual donors to charitable organization endowments will be matched dollar-for-dollar up to $5,000 through December 31, 2009. As of September 15, 2009, the match had attracted 90 new donors and generated nearly $35,000 in individual donor gifts. Lawton Community Foundation Trustees have committed $115,000 to the Anniversary Match Challenge.
For more information please call 580/695-9943
