The Herald Bulletin

Overnight Update

Local Business

November 1, 2013

United Way moves open grant cycle to 2014

ANDERSON — United Way of Madison County has approved suspension of an open grant cycle until 2014 to allow for review and renewal of current programs, and to assess the capacity of the organization to expand the level of program funding upon completion of the fall fundraising campaign.

Currently, nine community programs and Born Learning Connection are funded in the impact areas of early childhood education and financial stability. The intent of impact funding is to provide stable funding for a minimum of three years to allow a focus on achieving long term sustainable impact. Total funds committed to these programs are $391,000.

In addition, 12 programs are currently receiving $132,500 to provide other human services ranging from youth programs to substance abuse and other high risk population services to basic needs. Direct basic assistance, including utility assistance and other emergency services, and support for financial stability, Community Access Network and 2-1-1 is currently set at $136,500

“Based on a campaign of $850,000 with roughly 10 percent designated and 10 percent reserved for uncollected pledges, we are at funding capacity,” Nancy Vaughan, president, said in a press release. “Our leadership deems it prudent to fully review current funded programs and complete the 2013 campaign before making additional commitments.”

The 2013 Fall Campaign goal is to invest $2 million into the community by raising $1 million locally. In addition to direct funded programs, United Way of Madison County manages grants and other programs that are funded by government and private foundations to add nearly $1 million in local investment in 2012. These investments supported foreclosure assistance, weatherization, financial stability, prescription discount, early childhood outreach, volunteer resources and health care enrollment activities.

To make a direct gift to United Way of Madison County, log onto www.unitedwaymadisonco.org or send contributions to P.O. Box 1200, Anderson, 46015. For more information call 643-7493. The 2013 fall campaign will wrap up in the first quarter of 2014.

— For The Herald Bulletin

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