By Nicholas Sakelaris | CoServ
The CoServ Charitable Foundation approved nearly $1.5 million in grants in 2019 and surpassed a new milestone: $12.2 million given back to communities since the nonprofit started in 2004. Of that total, CCF has approved nearly $4 million in just three years.
The majority of the grants that have been approved in 2019 have already been awarded, like this exciting grant for My Possibilities in Plano. But the majority of the dollars from December haven't been given out yet. Expect more big news about big checks on this page soon!
CCF focuses on meeting basic human needs, promoting community vitality and supporting education. Examples of organizations that benefited in 2019 include: Community Lifeline Center, which helps people in crisis get back to self-sufficiency, the Carrollton-Farmers Branch ISD Education Foundation, which provides grants to teachers, and Minnie’s Food Pantry, which provides meals and food to needy families in Plano.
Funding for most of the grants comes from CoServ customers through Operation Roundup® — a program where customers “round up” their monthly utility bill to the nearest dollar. It’s just pennies per month and averages about $6 per year for participants but the impact on the communities is immeasurable within the territories served by CoServ Electric and CoServ Gas.
CoServ Employees also contributed through payroll deductions, fundraisers and other events, including the CCF Clay Shoot, which raised nearly $30,000. Altogether, the CoServ Employees raised $220,423.53 for the CCF general fund in 2019. The general fund dollars are important because they can be spent for worthy causes outside CoServ’s service territory. That includes grants for the Center for Excellence in Education, the Lone Survivor Foundation and Project Healing Waters.
By the numbers:
- Total grants approved by CCF Board in December: $303,126.95
- Operation Roundup Grants approved in December: $220,126.95
- General Fund Grants approved in December: $83,000
- Total grants approved in 2019: $1,499,274.20
- Total grants CCF has awarded since 2004: $12,234,505.92
CoServ Charitable Foundation focuses on providing basic human needs, promoting community vitality and supporting education. For more information about CCF, please visit CoServ.com/CCF.