2017, a record year in Growing Good

The Cattaraugus Region Community Foundation experienced a year of record growth in 2017.

In a record-setting 2017, the Foundation made 551 grants totaling $1,086,529, its highest ever total and nearly a $200,000 increase from 2016. The number of annual grants has steadily increased, almost tripling since 2011.

Some of 2017’s largest grants include:

2017 scholarship recipients

Some of the 2017 CRCF scholarship recipients.

  • $178,341 to Olean General Hospital from the Mildred Milliman Fund
  • $162,200 (paid in installments) to the City of Olean for Oak Hill Park renovations from the Olean Parks Beautification Fund
  • $17,500 for Olean fireworks display from the Olean Professional Firefighters Fireworks Fund
  • $17,350 for Santa Claus Lane decorations from the Santa Claus Lane Fund
  • $15,000 for Olean Food Pantry expansion project from the Olean Food Pantry Building Fund.
  • $5,000 to CAMP (Citizens Advocating Memorial Preservation) for purchase of Cattaraugus County Memorial Building

Foundation assets total over $21 million to begin 2018. Assets have more than doubled in the last ten years.

Cattaraugus Gives recipients

A group of local nonprofit leaders who participated in the 2017 Cattaraugus Gives.

Returns on Foundation investments skyrocketed to 16.4%, meaning growth of funds and potential impact through grant making.

2017 was also a record year in scholarship awards, as local students received $155,503 to pursue secondary education. The Foundation now manages over 50 scholarship funds.

The Foundation led the first-ever Day of Giving for Cattaraugus County, Cattaraugus Gives, which raised over $28,000 for nonprofits in Cattaraugus County. With an additional $5,200 in CRCF-sponsored incentives, impact for nonprofits in Cattaraugus County totaled $33,760.

The Foundation enters 2018 in a state of strong finances and leadership. If you want to join the growing family of donors at the Cattaraugus Region Community Foundation with a fund of your own, please email foundation@cattfoundation.org or call 716-301-2723 to learn more.

 

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