Cordova Community Foundation sets $105,000 goal

The Cordova Community Foundation gets introduced during the Cordova Iceworm Festival's Variety Show at Cordova Jr./Sr. High School on Friday, Feb. 1, 2019. (Photo by Emily Mesner/The Cordova Times)

A new fund to provide revenue sources for local nonprofit entities has been created, with a goal of raising $105,000 in two years, funds to be matched dollar for dollar by the Alaska Community Foundation and Rasmuson Foundation.

Formation of the Cordova Community Foundation, a cooperative effort by an advisory board in Cordova and the Alaska Community Foundation, was announced on Jan. 28 by Kristin Carpenter, chair, and Mariko Sarafin senior program officer of affiliates for the Alaska Community Foundation. Carpenter is also the executive director of the Copper River Watershed Project.

The local advisory board will be responsible for fundraising to build the endowment and will make decisions on awarding grants to local charitable organizations, from the Prince William Sound Science Center to local schools.

“All of our youth sports, health care, arts and culture nonprofits can benefit from this community foundation,” Carpenter said.

The Cordova Community Foundation was officially accepted as an affiliate by the Alaska Community Foundation in November. The affiliate now has two years to raise that $105,000, and with matching funds from ACF and Rasmuson, the affiliate will have $210,000 in endowment funds, said Rob Eckley an advisory board member. Other members of the advisory board include Angela Butler, Alexis Cooper, Scot Mitchell, Mayor Clay Koplin and Carpenter.

ACF is a statewide platform for philanthropy, managing over $90 million in assets and over 500 funds for the benefit of Alaskans. ACF and its affiliates grant $3 million to $5 million annually to charitable projects and nonprofit organizations statewide.

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More information is online at www.alaskacf.org.

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