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Arizona Community Foundation Distributes Nearly $115.8 Million

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of Arizona Community Foundation The Arizona Community Foundation and its donors and partners are pleased to announce the distribution of grants, scholarships, small business relief and loans for the fiscal year ending March 31, 2023. A total of $115,797,418 was awarded from the Arizona Community Foundation and the funds of six statewide local offices in Arizona. Cochise, Flagstaff, Gila Valley, Sedona, Yavapai County, Yuma.

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Excluding Small Business Relief Grants and Impact Loans, ACF and its donors distributed approximately $113.5 million across 7,606 grants. Voluntary and recommended grants and scholarships were awarded in his five strategic priority areas: health innovation, community improvement and development, environment and sustainability, arts and culture, and quality education.

In the area of ​​quality education, the Arizona Community Foundation awarded approximately $27 million in grants and scholarships annually, including approximately $5.3 million in college scholarships for 1,556 Arizona students . The Arizona Community Foundation is the state’s largest provider of independent college scholarships.

At approximately $34 million, grants in the medical innovation sector took the largest share of the allocation, awarded to 2,729 organizations and programs in the areas of health, medicine, medical research and various human services.

Approximately $18.5 million was donated to 629 programs in the community improvement and development category, including economic development, law, justice, public safety, housing and neighborhood programs.

Nearly $7.5 million was donated to 473 organizations and programs in the environmental and sustainability fields, including environmental education, renewable resources, conservation and animal welfare.

Approximately $8.5 million was awarded to 562 arts and cultural organizations, including artists, music and cultural institutions throughout Arizona.

In addition to these grants, 173 nonprofits with dedicated agency funds managed by the Arizona Community Foundation received annual distributions, accounting for the remaining $11,078,487 in annual distributions.

ACF also provided more than $7.3 million in grants to 610 small businesses and nonprofits affected by the COVID-19 pandemic through the final year of its partnership with Maricopa County and the City of Phoenix.

ACF is a national leader in impact investing, and the Arizona Community Foundation and its partners, USDA Rural Development and LISC, invested an additional $2.3 million in undermarket lending funding to seven organizations in fiscal 2023.

These funds work in tandem with traditional grants and achieve two key goals: creating measurable social impact and building resources for future investment. ACF’s Impact Investing Program works with a variety of capital partners, grant makers, and nonprofit leaders to create stronger capital solutions than grants alone.

In the fourth quarter of fiscal 2023, the Arizona Community Foundation distributed $29,707,962 in grants and scholarships. These funds will be used between 1 January and 31 March 2023 to support his five strategies of health innovation, community improvement and development, environment and sustainability, arts and culture, and quality education. Awarded for strategic priority areas.

Arizona Community Foundation Distribution Highlights:

Health innovation: A total of $8.9 million was awarded to 717 organizations and programs in the fields of health, medicine, medical research and various human services. This quarter’s distribution includes: His $1 million was donated by the Reese Strategic Opportunity Fund to fund the Mayo Clinic capital expansion project in Arizona. bold. Forward. her $25,000 from the Minnie M. Ross Foundation to the University of Arizona Foundation to support the development of a Valley Fever human vaccine in the medical school. In general support for the Payson Senior Center, the Byron and Coira Dean McKean Charitable Fund will contribute $12,500.

Grant Highlights: University of Arizona Medical School Foundation
ACF has provided $25,000 in discretionary funding from the Minnie M. Ross Foundation to support further development of a human vaccine against Valley fever at the University of Arizona School of Medicine. The university’s Valley Fever Center for Excellence recently discovered a vaccine that appears to be safe and effective in animal models. It is currently in development as a canine vaccine product in partnership with Anivive Lifesciences and is expected to be available to veterinarians early next year. Based on the science behind this animal drug, there is strong evidence that it is very likely to be safe and protective for humans as well. A grant from ACF advances this exploration by funding this important research.

Community improvement and development: A total of $11.4 million was awarded to 172 organizations and programs in this category, including housing, community and neighborhood development, financial literacy training, legal assistance and crime prevention programs. Among the contributions awarded this quarter were $25,000 from the Ellis Center for Educational Excellence to Arizona Alumni Recruitment to add career and college preparatory programs to up to five new schools and communities, and $25,000 from the Arizona Coyote Foundation to Habitat Includes $25,000 access to Four Humanity Central Arizona. to the homeownership program.

Donor Highlights: Arizona Coyote Foundation
The Arizona Coyote Foundation donated $25,000 to Habitat for Humanity Central Arizona’s homeownership program. The program is important in improving the financial security of underserved families by reducing overall housing costs and stabilizing families over the long term without exposing them to volatile increases in cost of living. and enable Habitat families to build wealth. Habitat purchased her 25-family single-family home lot at Alta Vista Ranch. In Spring 2023, the Arizona Coyote Foundation’s support includes working with the family to begin construction on her first six lots that will be available. Additionally, volunteers from the Arizona Coyote Foundation donate their time to Habitat for Humanity Central Arizona, nearly doubling your investment in volunteer time. For more information about the Arizona Coyote Foundation, please visit www.arizonacoyotes.com/foundation.

Environment and Sustainability: A total of $708,038 was awarded to 85 organizations and programs in the areas of environmental education, renewable resources, conservation and animal welfare. Included in this quarter’s distribution is a $15,000 grant from the David E. Reese Family Foundation in memory of Thomas K. Hall to Regenerating Sonora, which will purchase Leo’s work. It became possible.

Arts and Culture: A total of $2.1 million was awarded to 119 arts and cultural organizations throughout Arizona. Grants include her $13,333.33 from the W’aki Grace Foundation to a new projection studio to the Sedona International Film Festival. Her $6,000 from the Painted Vision Foundation to the Prescott Frontier Days of Rodeo. The Dilly Daly Foundation will donate $500 to the Great Arizona Puppet Theater to fund the Imagine This project in collaboration with the Kenilworth School.

Quality education: A total of $5.8 million was awarded in scholarships and educational grants during the quarter. Among the grants include her $225,000 from the Roadster Foundation endowment to her ASU Foundation Constitutional Design Center at Sandra Day O’Connor Law School. Her $90,000 will be donated from Peggy’s Arizona Flower Fund to the University of Arizona Foundation to fund the Norton School/Fashion Program. Her $15,000 will be donated from the Ernest V. Athos Foundation to the Southwestern Technical Education District of Yuma (STEDY) for virtual reality technology for medical assistance.

College scholarships accounted for $178,952 awarded to 73 students in post-secondary education in the final quarter of fiscal 2023. College scholarships are awarded to Arizona students to attend a wide range of colleges, universities, and colleges in Arizona and throughout the United States. state.

In addition to these grants, 17 nonprofits with agency funds managed by the Arizona Community Foundation received annual distributions in the fourth quarter of the ACF fiscal year, with a total of $851,879 distributed during the quarter. became.

The $29.7 million awarded in the final quarter of fiscal 2023 represents 1,485 grants and scholarships across all categories. Some grants are awarded at the discretion of the Arizona Community Foundation with input from Board committees and diverse community panels, while others are awarded on the advice of donors. All grants are endorsed or endorsed by her ACF Donor and Community Engagement Committee, whose members include representatives of the ACF Board of Directors and other community leaders.

About Arizona Community Foundation

Founded in 1978, the Arizona Community Foundation is a statewide charitable foundation supported by thousands of Arizonas. With regional offices serving communities throughout Arizona, ACF is one of the top 25 community foundations in the nation, with more than $1.4 billion in trust and endowed assets and a national standard for U.S. community foundations. with the highest 4-star rating. Worked as a charity navigator for 12 years. Since its inception, ACF has provided her over $1.2 billion in grants, scholarships and loans to nonprofits, schools, students and government agencies. For more information, please refer to the following URL: azfoundation.org.

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