Deadline for spring grant applications March 15
It’s no secret, they love to give, but the deadline to be on the receiving end is quickly approaching. On March 15, the Plainview Area Endowment will cut off application submissions for its 2015 spring grants.
In 2014, the philanthropic group gave a whopping $26,350 in grants and scholarships to Hale County organizations.
The foundation says if an organization is a non-profit entity, it is eligible to receive funds from its spring and fall grant periods.
Last year, the Plainview Area Endowment group, which is an affiliate of the Lubbock Area Foundation, gave to a wide spectrum of organizations including the Compassionate Care Pregnancy Center, pediatric care unit at Covenant Health Plainview, Crisis Center of the Plains, Unger Library as well as purchased a dishwasher for the Hale Center Senior Citizens’ Center, funded the local Habitat for Humanity and the new Formby prison chapel to name of few.
The Plainview Area Endowment also offers funds to non-profit organizations including school groups and city-incorporated committees.
The endowment group says it will give around $17,000 to $18,000 in non-discretionary funds in 2015.
After the March 15 deadline, the group will take submissions for its remaining funding in the fall as the deadline for that round will be in September.
Created in 2010, the Plainview Endowment Fund strives “to give the people of Plainview and the surrounding area the opportunity to build a pool of permanent resources exclusively for the benefit of their community.”
The endowment fund is a permanent fund, the principal of which is preserved and invested for long-term growth and appreciation. Grants are made from the annual earnings of the endowment. Over time, the value of the annual grants will far exceed the value to the original gifts, according to Plainview Area Endowment.
Top reasons donors say they contribute to the fund include improving the quality of life in the area; preserving the wealth of the community and keeping it working; to provide a flexible infrastructure that makes it easy and affordable for donors to establish endowments; build resources to respond to the changing and emerging community needs; assisting people in achieving their charitable and estate planning goals and to increase the overall charitable resources in the community.
For more information about the Plainview Area Endowment contact 806-762-8061. Applications and more can found at http://plainviewareaendowment.org.