NEWS RELEASE
COMMUNITY FOUNDATION OF ORILLIA AND AREA
**************************
On Friday, the Community Foundation of Orillia and Area (CFOA) handed out $31,200 to 16 local organizations as part of its fall offering.
Overall in 2018, the CFOA has granted $216,000 to local charities serving Orillia and area.
Foundation chair Michael Gordon told OrilliaMatters earlier this year the 2017 "was another amazing year" for the CFOA.
The organization grew its assets by almost $1 million for the third consecutive year. Last year, it was able to hand out $200,000 to 52 local charities. This year, it is granted almost $220,000 to a variety of worthy and deserving community organizations.
The following organizations were granted money Friday:
- Couchiching Jubilee House
- Simcoe Community Services Foundation
- Information Orillia
- Eat Well To Excel
- Child Advocacy Centre Simcoe Muskoka
- Camp Couchiching
- March of Dimes
- Orillia Vocal Ensemble
- Lakehead University
- Gilbert Centre
- St. James Anglican Church
- Kiwanis Club Children’s Safety Village
- Gilda’s Club Simcoe Muskoka
- Kids for Turtles
- Uptergrove Public School
- The Sharing Place Food Bank
About the Foundation
The Community Foundation of Orillia and Area is a locally run, public foundation that builds and manages permanent endowment funds from charitable donations. In essence, they accept contributions from donors, invest them for long-term growth and distribute the earnings each year to local charities based on their needs and the needs of the community.
We are one of over 180 local community foundations across Canada and serve the communities of Orillia, Ramara, Severn, Oro-Medonte, and the Chippewas of Rama First Nation.
The Foundation was officially launched on Jan. 7, 1999 with a $200,000 gift from Casino Rama establishing the Foundation’s Community Unrestricted Fund. The Casino issued a challenge to the Foundation to match that amount by the end of the year and they would gift another $150,000.
The City of Orillia, Georgian College, local groups and organizations, and members of the general public all came to the table to ensure the challenge was met. At the completion of that deadline, the Foundation had more than $450,000 in endowed assets.
Find out more about the Community Foundation of Orillia and area here.
*************************
