Our Greatest Needs Fund opened in 2014, to be a flexible, fast-acting source of grants to meet rising, unexpected needs. It is one of a larger strategy of four funds for emergencies, but unlike the other three, this fund is always open for donations. The others are active only in named emergencies. This matters because life and a livable environment are uncertain. Floods, windstorms, wildfires, pandemics, wars, economic upheavals: who knows what the next shock to our culture and community will be? We may not know what will happen next, but we do know those challenges will come.
This is an endowed fund, which means grants are made from income, not core capital invested for the fund. When the fund reaches $25,000, PCF will begin making grants of $1,000 per year from it. Today it has $14,500, with $10,500 to go.
Two donors are already making recurring donations. With eight more donors, $100 per month, in a year this fund will be on its way to its initial endowment level, and planning its first grants. My personal pledge this coming year is to make recurring donations, $100 every month, to the Greatest Needs Fund so that it can begin deploying grants sooner rather than later.
Want to join? Become one of the founding donors who help take this fund live? The link is here: https://spccf.fcsuite.com/erp/donate/create?funit_id=1008
Kathleen Sayce, November 15, 2021
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