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Victoria Foundation distributes record amount of funding

Victoria Foundation distributes record amount of funding
Victoria Foundation distributes record amount of funding

The Community Grants Program will deliver a 26 percent increase in funding over last year

This year, the Victoria Foundation’s Community Grants Program is distributing more than $6.1 million to support 252 organisations across the South Island, helping them meet the growing demand for resources as not-for-profit organisations experience increased demand for their services.

According to a press release, the Community Grants Program will generate a 26 percent increase in funding over last year, a record amount the foundation calls.

“This record amount of funding through the vital Community Grants Program stream will help philanthropic organizations achieve their missions,” said Sandra Richardson, CEO of the Victoria Foundation, in a press release. “The generous funding from the Community Prosperity Fund will also help many organizations, still operating under great strain, better meet the needs of their communities in the areas of poverty reduction and social inclusion.”

Three of the four grants are for organizations and projects that make a significant contribution to “equality-promoting populations,” including people of color, the LGBTQ+ community, women, children and youth, people with disabilities, and newcomers.

This funding announcement follows the latest State of the Sector report, which found that many nonprofits are now struggling with high inflationary costs and skyrocketing demand for services, as well as burnout and declining revenues and volunteerism.

“With this funding, (Victoria Immigrant and Refugee Centre Society) is pioneering a transformative initiative that brings together three essential programs to address profound challenges: food insecurity, culturally sensitive mental health for women of color, and youth leadership development for immigrants and refugees in Greater Victoria,” said Ava Shabestari, VIRCS representative, in the press release.