Women’s collective brings in nearly $1.3 million by pooling funds


A $100,000 grant The Learning Source has received from a Denver women’s collective will help expand its enrollment and adult-education programs by as much as 400% over the next two years, CEO Josh Evans said.

The organization, started in 1964, is the top recipient of the Impact 100 Metro Denver’s 2022 awards. Evans said the money will help transform its new headquarters in Denver’s Five Points neighborhood into a “technology and education excellence hub.”

In a video presentation to Impact 100, Evans said adult education is poorly funded in Colorado, which is 48th in the country in the amount spent. “Less than 2% of students in need of adult education programming in the state of Colorado are able to enroll in classes currently.”

Since its start in 2015, the Denver chapter of Impact 100 has given a total of $1.26 million in grants to community organizations, said board president Serena Bruzgo.

Besides The Learning Source, other recently announced recipients of this year’s grants were Mi Casa Resource Center and Volunteers for Outdoor Colorado with $58,554 each.

Bruzgo said 40 nonprofits applied for grants. About 35 Impact 100 members visited several organizations and talked to the staffs and board members. Members narrowed six semi-finalists to three.

Money for the annual grants comes from the members, who contribute at least $1,100 each year. Of that, $100 goes to membership dues. Some people pitch in more.

“It really kind of democratizes philanthropy. Sometimes people think, ‘Well, I don’t have that much money to give. I can’t really make a difference,’” Bruzgo said. “Because we’re able to contribute and come together, determine what areas of the community we want to support, we’re able to make a much bigger impact.”

Bruzgo said the national organization’s founder, Wendy Steele, came up with a philanthropic model for women based on what she saw as their focus on collaboration and interest in their communities.

“She had this idea, ‘If I can get a hundred women to give $1,000 each, we could collaborate and give a $100,000 grant to an organization that we all want to support.’ That’s the model that we’ve adopted,” Bruzgo said.

The Denver chapter, which has 211 members, raised about $217,000 for the 2022 awards. Bruzgo said the pooling of money allows members to make a big difference for organizations that typically don’t receive large grants.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest  Business News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment