18 Apr Foundation to receive $70,000 towards Match Week
It was announced this week that the McPherson County Community Foundation has received a $70,000 grant to be used as a match for it’s organizations endowments. The Foundation will utilize the $70,000 to help cover the $150,000 total match from this years Match Week. In Mar. the event brought in over $610,000 towards the endowments of partnering nonprofits.
Since its beginning in 2014 the event has raised over three million dollars. The change from a one-day event to an entire week, came after the record-breaking success of 2021. The Foundation determined more time gave organizations more opportunities.
The matching total for this year’s event was $150,000. This total comes from a combination of the Patterson Family Foundation and the Gaeddert Family Fund.
Matching funds are given to organizations on a proportional basis. For example, if an organization receives 10% of the total donations, they will receive $10,000 to use for immediate needs. Organizations can receive a maximum of 20% of the matching total.
This will be the second year that the Patterson Family Foundation has supported the Foundations Match Week.
ABOUT THE PATTERSON FAMILY FOUNDATION
Where you come from says a lot about you. But what you do says even more. The Patterson Family Foundation is a family-led foundation extending the legacy of Neal and Jeanne Patterson to improve the rural communities we come from through health care, education, economic opportunity, and beyond.
Rural communities hold a special place in our hearts at the Patterson Family Foundation. We believe people living in rural places need improved access to health care, education, and economic opportunity.