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BGCFyi Spring 2023

Page 1

SPRING 2023

BGCFyi SKYROCKETING GENEROSITY:

BGCF CELEBRATES $150 MILLION IN TOTAL GRANTMAKING Blue Grass Community Foundation is

surpassing $100 million in grants. It took

“Surpassing the $150 million milestone

over $150 million in grants and scholarships

three years to grant another $50 million. And

increasing community generosity. It’s about

celebrating a tremendous milestone: awarding since our founding in 1967!

us 53 years to reach that milestone but just what a whirlwind those three years have

been! From COVID-19 to racial injustice, to

BGCF was established when C.W. and

Irene Sulier invited several Central Kentucky philanthropists to join them in establishing

a public foundation to encourage charitable

devastating natural disasters, our community has experienced what seems to be a record amount of heartbreak.

represents progress toward our mission of impact, transformation, changed lives and the generosity of donors of all sizes who

make it possible. We hope this philanthropic milestone will inspire pride and energize our community’s giving spirit.”

giving and to support local causes and

Yet, we’ve also experienced a record amount

At Blue Grass Community Foundation, we

Grass Foundation (as it was then called)

early 2020 days. In FY20, we saw a record

know we make the biggest impact when we

charities. That first year, the assets of Blue reached $5,000. The following year, grants

totaling $500 were awarded to five nonprofit organizations.

of generosity and support since those

number of grants awarded in one fiscal

year — $17.2 million — a 70% increase

over the previous year. And in FY22, the

amount of total contributions to charitable

Fast forward to 2023. The Community

Foundation has grown from one charitable

fund to over 800, each with its own unique charitable purpose. Charitable assets total

more than $220 million. Most importantly, the

to have a greater impact on your community

and the causes you love, join us! We want to

to $43,045,798, the largest amount in our 55-year history and double the amount of contributions over FY21!

“This is about so much more

awarded more than $150 million in grants.

Adkins, president/CEO of Blue

It was just three years ago we celebrated

invest together for our community. If you’d like

funds at the Community Foundation rose

Community Foundation, in partnership with our generous fundholders and donors, has

believe one person can make a difference but

us today to establish a

charitable fund to reach

your philanthropic goals. Or

maximize the impact of your

charitable giving by investing

in our endowed community

than numbers,” explained Lisa

funds in Clark, Fayette, Franklin,

Harrison, Madison, Magoffin,

Grass Community Foundation.

$150,000,000

partner with you. Contact

Rowan or Woodford counties.

$150,000,000

This chart depicts the velocity of our community’s increased generosity in the past 23 years.

$120,000,000 $100,000,000

$90,000,000

View a special video message about this grantmaking milestone and learn more about BGCF’s impact since 1967

$60,000,000 $50,000,000

at bgcf.org/150million or scan the QR code

$30,000,000 $0 SPRING 2023

below $500,000

$1,000,000

$500

$100,000

1967

1988 1998 2000 2014 2020 2023 BLUE GRASS COMMUNITY FOUNDATION


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