Polson Foundation distributes annual earnings
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News from the Greater Polson Community Foundation
POLSON — The Greater Polson Community Foundation recently distributed $18,501 among nine local non-profit organizations as part of its 2016 grant cycle. The amount distributed represents the annual earnings from the GPCF’s permanent endowment fund.
The award recipients are: Crown of the Continent Guitar Scholarship, Flathead Lake International Cinemafest (FLIC), Friends of Lake County Fairgrounds, Lake County Parks Board, Mission Valley Aquatics, Mission Valley Ice Arena, Onward and Upward, North Lake County Public Library, and Polson Middle School.
The grants support a wide variety of youth and community-oriented projects including: amenities on Polson’s walking trails, a LEGO project and building table, scholarships for local guitar students, support for communication and literacy skills for Polson Middle School students, materials for STEM projects (science-technology-engineering-math) in Polson’s elementary schools, support for the FLIC film festival, a portable multi-use stage for 4-H and other youth activities, equipment for a new winter festival organized by the Mission Valley Ice Rink and Boys’ and Girls’ Club member swim lessons at the Mission Valley Aquatics Center.
“Being able to support our community non-profits and their projects is definitely the highlight of our year. GPCF is able to fund these grants because our donors truly love making a difference,” said GPCF Board President Penny Jarecki.
Gifts and contributions from donors have added significantly to the permanent endowment, which now totals over $600,000. Only the earnings can be used from the permanent endowment. The more this fund grows, the more earnings are available for GPCF’s annual grants.