
| Orange County Press Release |
| Orange County Community Foundation Grants Record Funding Orange County: The Orange County Community Foundation Board of Directors is proud to announce a record number of grants awarded to eleven charitable organizations and projects in Orange County. The 2006 Winter Grant Cycle was the largest Unrestricted Grant Cycle the Foundation has had since inception in 1996. These 11 bring the total organizations benefiting just from the Foundations Unrestricted Grant Cycle to over 70 organization’s programs. “We are pleased that the Foundation’s grant making has moved to a new level,” said Janet Perry, Orange County Community Grants and Scholarship Chairperson. Funding sources for OCCF grants are obtained from the investment income drawn on its invested endowments; the principal is never spent. Unrestricted funds are made possible by the generosity of individuals, businesses, and private foundations that contribute to the OCCF General Endowment Fund. Orange County organizations and agencies that are tax- exempt according to Section 501 c (3) of the Internal Revenue Code are eligible to apply. However, for-profit entities interested in funding charitable nonprofit programs may be eligible to apply; the OCCF Grants Committee will determine the eligibility status. Population served by the program must be only within Orange County. |