Rome Community Foundation awards more than $133K in grants to area nonprofits in Q4

ROME, N.Y. — The Rome Community Foundation awarded $133,052 in grants to Rome–area charitable organizations in its distributions for the fourth quarter of 2021.  The grants, ranging from $5,000 to $19,000, were made to the following 13 area tax-exempt organizations. • YWCA of the Mohawk Valley (Lucy’s House) — $19,000 • Rome Health — $16,000 • Rome Cemetery […]

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ROME, N.Y. — The Rome Community Foundation awarded $133,052 in grants to Rome–area charitable organizations in its distributions for the fourth quarter of 2021. 

The grants, ranging from $5,000 to $19,000, were made to the following 13 area tax-exempt organizations.

• YWCA of the Mohawk Valley (Lucy’s House) — $19,000

• Rome Health — $16,000

• Rome Cemetery Association — $11,000

• Jervis Library — $10,000

• Grace Baptist Church — $10,000

• Lee Center United Methodist Church — $10,000

• Zion Episcopal Church — $10,000

• Mercy Flight — $10,000

• Awaken Church — $9,000

• Rome Historical Society — $8,980

• Bill Gavin Food Pantry — $8,300

• Maranatha Church — $5,772

• MVCC Rome Campus — $5,000

In addition, the foundation announced that it approved $3,525 in donor-advised funds and $1,400 from the Elizabeth McKinstry Fund that annually makes designated distributions to three area nonprofits. 

The funding was approved by the Rome Community Foundation’s board of directors, based on the recommendations of the foundation’s Stevens-Kingsley Fund advisors and the grant committee, according to Victor J. Fariello, Jr., executive director of the foundation

Rome Community Foundation board members meet four times a year to review grant proposals for projects that benefit Rome–area residents.

The foundation has about $7 million in assets that are under professional management. The income from the investments is used to fund grants and has grown since the foundation was established in 1999. 

Rome Community Foundation has received bequests from trusts and estates of Rome–area residents and accepts contributions and memorial gifts from individual and corporate donors. Donors can request that their contributions be directed to a specific organization or for a specific purpose such as educational, cultural, recreational, or health-related. Donors may also request the establishment of a donor-advised fund, through which the donor may recommend grants to tax-exempt organizations serving the Rome area.

Jornal Staff: