CFNKY Supports Operating Expenses

Community Foundation of Northern Kentucky supports operating expenses for local non-profits

Covington, KY – November 22, 2016 – On November 17th, 16 non-profits came together to celebrate the impactful contributions from the Community Foundation of Northern Kentucky (CFNKY). Those in attendance were beneficiaries of a community foundation making the difficult decision to dissolve. CFNKY wanted to make an impact on the community and show the need for operating support as their lasting legacy.

“We wanted to make sure each donation was as flexible as possible so these funds could be used for operational costs,” said Williams, who joined the Foundation as its CEO in August 2011. “Operational funds can be used to cover the costs such as rent, payroll, utilities, repairs and other day-to-day expenses. Having an adequate and steady stream of funds without strings attached is the best way to keep a charity’s operations and programs strong and sustainable.”

Each gift was given maximum flexibility to allow organizations to carry out their mission. Welcome House was a recipient of a generous contribution from CFNKY and looks forward to using this funding for the Emergency Shelter to serve women and children that are homeless..

When speaking of the impact this contribution will have on the Welcome House Emergency Shelter, Executive Director of Welcome House, Linda Young stated, “Your wisdom to sustain the operations of needed programs is to be applauded. Honestly, it borders on miracle”.

Welcome House cannot thank the Community Foundation of Northern Kentucky enough for their generous contribution and want to help organizations in the community. Through their gift, Welcome House will serve hundreds of women and their children who are homeless and in need of emergency housing.

 

Contact:
Kristen Baldini
205 W Pike Street
Covington, KY 41011
859-431-8717
kbaldini@welcomehouseky.org