Foundations Announce $2.5 Million in Capital Funding Awards
The Osteopathic Heritage Foundation and The Columbus Foundation recently announced the 2016 funding award recipients through the Capital Improvement Funding Partnership. This year, nineteen organizations received support for capital campaigns and projects designed to improve service delivery for Franklin County’s most vulnerable populations.
In 2014, the Osteopathic Heritage Foundation (OHF) and The Columbus Foundation (TCF) joined resources and program interests to launch the Capital Improvement Funding Partnership. Recognizing the value of collaboration and the need for capital investments among nonprofits, the foundations committed to a three-year funding partnership to support capital campaigns and projects designed to better serve vulnerable populations in Franklin County.
Research found significant demand for capital support following the economic downturn and recovery period. By partnering, the foundations are better positioned to meet the needs of area nonprofits and leverage the support necessary to make capital improvements a success. The foundations seek to advance strategies that can demonstrate and achieve measurable outcomes as a result of capital investments.
“The support of extraordinary partners like OHF and TCF demonstrates not only their desire to invest in the bricks and mortar of our great new facility, but their belief in expanding cutting edge services to even more families in our community,” explained Ginger Young, executive director of The Childhood League Center. “I am so grateful for the visionary leadership of these partners, which secures the future for the most vulnerable in our community.”
Over the three year period, the foundations approved nearly $6.4 million in support for 49 central Ohio nonprofit organizations working to address significant community issues including behavioral health, early childhood education, hunger and homelessness.