Montgomery, NY – The Community Foundation of Orange County has been awarded a $150,000 grant from the Dyson Foundation to be used over the next three years to support the ongoing work of the Community Foundation.
Community Foundation Executive Director Karen VanHouten Minogue expressed her appreciation to the Dyson Foundation for supporting its ongoing efforts to establish an endowment that would advance the Community Foundation’s goal of providing affordable and convenient access to a range of charitable funds.
“Having a charitable fund at your local community foundation is a simple and cost effective way for people to give back to their community,” said Ms. Minogue. “This critical support from the Dyson Foundation will enable us to expand our work with individual donors and charitably minded groups, as well as professional advisors, to establish more charitable funds that benefit our communities. Since inception of the Community Foundation in 1999, we have established over 160 charitable funds that have awarded over $7 million in grants and scholarships.”
“The Dyson Foundation supports the efforts of the Community Foundation to encourage local philanthropy through the creation of charitable funds that enhance the quality of life throughout our region,” said Michell Speight, Director of Programs for the Dyson Foundation. Charitable funds created through a community foundation are the most efficient and cost-effective way to create a charitable legacy. There is no cost to create a charitable fund and the community foundation handles all administrative complexities including grant making, tax compliance, and IRS filings for a very modest fee.
The Dyson Foundation is a private grant making foundation headquartered in Dutchess County and directed by the Dyson family under the leadership of Foundation President Robert R. Dyson. The Dyson Foundation’s mission is to improve and enhance the quality of life in the region for all of its residents, especially those most vulnerable or economically disadvantaged.
###
