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Grant funding available

The Community Foundation of the South Okanagan is accepting grant applications for its 2012 Granting Cycle.

The Community Foundation of the South Okanagan is accepting grant applications for its 2012 Granting Cycle.

The cycle officially began on Dec. 3. It closes on Feb. 6, 2012.

In 2011, the Community Foundation disbursed more than $169,000 to charities throughout the South Okanagan Similkameen, bringing total granting to more than $850,000 in 20 years of serving the South Okanagan.

Six grants totaling more than $6,000 were awarded to Summerland charities in 2011.

An additional $38,000 was awarded to charities throughout the South Okanagan Similkameen with the remainder of grants being awarded in Penticton.

These grants were paid from investment earnings on the total endowment of almost $6 million.

Grants in Summerland included $2,700 for animal welfare, $2,500 for children and youth and $900 for environment.

Organizations registered as a Canadian charity under the Federal Income Tax Act are eligible to apply to the foundation. Grants cannot be made to individuals.

Funding guidelines are available from the foundation’s office by calling 250-493-9311 or visiting www.cfso.net.

The Community Foundation of the South Okanagan has served the region for 20 years, working with donors to create legacies in the form of permanent endowment funds.

Grants are distributed from income earned, preserving the capital to ensure a perpetual stream of funds.