Twenty five years ago, in August
1988, a group of civic leaders established Foundation for Roanoke Valley,
the area’s community foundation.
Community foundations had been bringing benefits to hundreds of other
communities across the country since 1914, and these folks felt that it was
time for the Roanoke
Valley to enjoy those
same benefits.
Growth of the new foundation was
slow for awhile, but after a donor established the first endowment fund in
1991, others began to create their own permanent charitable legacies. Over the years, dozens, then hundreds of
individuals, corporations and non-profits created endowments. Today,
two-and-a-half decades later, Foundation for Roanoke Valley
holds and administers 260 named endowments, ranging in size from $10,000 to
millions of dollars. Total current assets exceed $55 million, with an
additional $70 million committed through future estate gifts. Annually, the Foundation awards approximately
$3 million in grants to hundreds of worthwhile organizations, and cumulative
grants to the community since inception exceed $30 million.
As part of the Foundation’s
Silver Anniversary celebration, it is carrying out “Operation Surprise 25.”
This special grants program began on October 21 and appropriately culminates on
the 25th of
October. Foundation staff bearing
balloons, party horns and a large facsimile check The grant
funds have been made possible by a generous anonymous donor.
https://www.facebook.com/foundationforroanokevalleyAngels of Assisi, Big
Brothers Big Sisters of Southwest Virginia, Project
Access of the Roanoke Valley, Inc., Straight Street, Roanoke Valley Golf Hall of Fame(Holliday Scholarship),
Historical Society of Western
Virginia, Voice of the Blue
Ridge, Inc., Bethany Hall, Inc., Boys & Girls Clubs of Southwest Virginia, Blue Ridge Zoological Society of Virginia, Roanoke Valley Governor's School Foundation, Bradley Free Clinic, Pathfinders for Greenways, March of Dimes Foundation, Unbridled Change, West
End Center, Roanoke County Public Schools
Education Foundation, Inc., Feeding
America Southwest Virginia, Salem Museum
and Historical Society, Cultural
Arts For Excellence (CAFE), Community Outreach Program, Western Virginia
Foundation for the Arts and Sciences (CITS), Science Museum of Western
Virginia, Roanoke Symphony Orchestra, and Roanoke Children’s Theatre.
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