Some local LGBT nonprofits have been severely impacted by the COVID-19 crisis.
In response, the Our Fund Foundation has launched the Our Fund Resilience Fund to support them.
And the community did not disappoint.
Since March 30 they’ve already raised $310,000 surpassing their initial $300,000 goal.
“I think it shows people really understand the severity of the situation here and it speaks to the power of philanthropy here in South Florida,” said David Jobin, president and CEO of Our Fund Foundation. “We have a wealthy base of supporters here.”
All monies raised will be distributed immediately to LGBT agencies throughout South Florida to support their essential needs and help them with their long-term recovery efforts.
“I’m extremely proud of Our Fund’s board of directors who’ve worked tirelessly to execute an effective campaign and most importantly, for the overwhelming generosity from those who contributed to the Resilience Fund,” Jobin said.
When Our Fund launched the new initiative they pledged $150,000 from its board-restricted fund as a 1 to 1 match to help galvanize donors. Another $10,000 came from the Tuesday’s Angels Fund at Our Fund.
All of the 27 benefitting agencies have been vetted by the grant review committee. They will receive between $5,000 and $25,000.
One of the beneficiaries is Poverello, a food bank in Wilton Manors that serves individuals living with critical and chronic illnesses including HIV, in South Florida. The organization has been hit especially hard, since much of their money comes from thrift store sales each month. Since the store had to close down they’ve lost much of their revenue.
Meanwhile demand for food is higher than ever.
Tom Pietrogallo CEO of The Poverello Center is especially grateful for the assistance of Our Fund.
“As we struggle to serve thousands of our South Florida neighbors in need, under conditions unimagined only six months ago, it’s groups like Our Fund Foundation who already know us and what we do, who have stepped up to allow us to serve all who come to us,” Pietrogallo said in a prepared statement. “Make no mistake, without this philanthropy, our 33-year history faced an uncertain future and many more of our neighbors would be hungry, just when they needed us most.”
The two goals of the resilience fund include:
— Immediate Relief: The fund will prioritize and deploy resources to support nonprofit agencies that provide community safety nets and have strong experience working with the immediate needs of LGBT communities made most vulnerable by the COVID-19 crisis.
— Long-term Recovery: The fund will also support the financial stability of South Florida nonprofit agencies whose operations and revenue have been severely impacted by COVID-19.
“Our Fund Foundation is privileged to be at the intersection of people who care and causes that matter,” said Jobin in a statement. “We’ve worked very closely with our board of directors to identify our evolving role and respond to our constituents and stakeholders accordingly. We understand that this role carries with it a heightened resonance and urgency at this time.”
For additional information or to make a donation visit Our-Fund.org/response.