for Immediate Release
Contact: James Moore, (316) 264-4880

Local Agencies Meet Foundation Challenge

Three Wichita non-profit organizations successfully raised the necessary dollars to establish endowment funds with the Wichita Community Foundation. The ARC of Sedgwick County and Rainbows United Charitable Foundation each raised $150,000 and Starkey, Inc. raised $50,000. These dollars were matched by the Foundation with one dollar for every three dollars raised. “We have found that offering challenge grants is one of the best ways to help the nonprofit agencies strengthen their financial resources.” said Jim Moore, Executive Director of the Wichita Community Foundation. “Establishing endowments help agencies sustain their financial health and continue their mission.”

The agencies were selected in December 2003 to participate in the challenge and had until December 31, 2004 to raise the dollars to be matched. This is the second round of the Challenge program offered by the Foundation. In the first round, the Friends of the Wichita Public Library and the Kansas Humane Society of Wichita received grants to establish endowments.

Wichita Community Foundation
301 N. Main, Suite 100
Wichita, Kansas 67202

Phone: (316) 264-4880
Fax: (316) 264-7592

e-mail: wcf@wichitacf.org