The in West Palm Beach, Florida, has announced $3.1 million in grants to thirty-eight nonprofit organizations in the areas of affordable housing, arts and culture, hunger alleviation, and the environment.
Grants were awarded through several charitable funds at the foundation, including the MacArthur Foundation Housing Initiative, the , the Environmental Fund, and the . Grant recipients include ($205,000), the ($45,000), the ($165,000), and ($100,000). The foundation also awarded more than $730,000 in college scholarships to eighty-three high school students in the area.
"This was a particularly exciting year for our grantmaking," said Brad Hurlburt, president and CEO of the foundation. "Market improvements provided a greater return on our endowment....This increase allowed us to focus on several areas of need in our community, instead of just one or two. We were also able to take some chances on a few unique, creative projects that have the potential to really impact the community in a positive way."
For a complete list of , visit the CFPBMC website.