Oregon Community Foundation Renews SVPP Grant

(From the July 2008 Newsletter)

We are delighted to announce the continuing commitment and support of the Oregon Community Foundation (OCF) with the renewal of our capacity building grant for 2008. The renewal, granted in May of this year, consists of an administrative grant of $20,000 to help us to continue to grow and improve our infrastructure, and a $25,000 contingent grant, available on a dollar-for-dollar basis upon donations received from our Partners above minimum annual contributions. This gift follows OCF’s initial grant, awarded in August 2007, which totaled $60,000—a $35,000 administrative grant and $25,000 matching grant, which allowed us to raise an additional $30,000 in contributions from our Partners. A portion of the contingent grant ($10,000 for 2007 and $15,000 for 2008) is restricted to building a small future reserve for SVPP, with the balance available to fund our marketing and strategic planning efforts currently underway.

SVPP is deeply appreciative of the support of OCF and of all of our partners who are collectively working to help us develop our much-needed infrastructure and staying power that will allow our Partnership to grow and our impact to deepen for years to come. We will be conducting our annual Partnership campaign later this summer to draw on OCF’s second matching gift and increase our impact in the community.