Local News
Community Foundation of the Northern Shenandoah Valley completes record setting year
Despite the challenges and disruptions caused by the Coronavirus pandemic, 2020 was a record setting year for the Community Foundation of the Northern Shenandoah Valley (CFNSV.) The Foundation achieved new records for both donations received and grants distributed during the recently completed year.
The CFSNV received over 335 donations totaling more than $3 million during the year. These contributions helped the Foundation distribute 135 separate grants from agency and donor advised funds totaling more than $522,000 to nonprofit agencies. By year’s end the CFNSV’s total investment assets increased from $6.521 million to more than $9.195. Over the period 2018-2020 the CFNSV has almost doubled its investment asset total.
“The Community Foundation of the Northern Shenandoah appreciates the incredible support we continue to receive from both our generous donors and partner nonprofit agencies. As our assets continue to grow, so does our ability to impact the community with more, and sometimes larger grants,” commented Larry Weiss, CFNSV Executive Director.
The Community Foundation of the Northern Shenandoah Valley was founded in 2001 to connect philanthropic individuals and organizations with nonprofit agencies in the city of Winchester and Clarke, Frederick and Warren Counties. With assets over $9.19 million, the CFNSV has now distributed more than $1.8 million to agencies in its service region during its history.
For more information, please contact: Larry Weiss, 540-868-6776 or director@cfnsv.org
