Newsroom

rss

Community Foundation News

Can Nonprofits Earn Interest on Rainy Day Savings?

Many local nonprofits rely on donations to provide the majority of their financial support.  

As a solution, smart nonprofits are turning to investments to earn interest and grow a substantial 'rainy day' reserve.  

 Nonprofit Investment Funds authorize the Community Foundation to manage nonprofit funds within a  portfolio selected by the nonprofit.  This investment vehicle allows the organization to request and receive up to 100% of its assets as requested.  

We help local nonprofits build 'rainy day' funds to continue delivering quality programs and services for years to come. 

If you would like to learn more about our Nonprofit Investment Funds, please contact Chris Snyder at 561-340-4512 or by email at csnyder@cfpbmc.org

City's racial and ethnic equality task force members revealed

West Palm Beach Mayor Keith James revealed the names of those who will be a part of the city's new Racial and Ethnic Equality Task Force. The Community Foundation for Palm Beach and Martin Counties is humbled and honored CEO Brad Hurlburt and Board Chair Julie Fisher Cummings have been named task force members.