PCF'S 60th Anniversary Gala, "Building Hometown Legacies," a Success
Pasadena, CA (October 9, 2013) -- The Pasadena Community Foundation celebrated its 60th anniversary with a gala fundraising event at The Langham Huntington selling out a record 600 seats on Saturday, October 5, 2013. The 60th anniversary gala, entitled "Building Hometown Legacies," raised net proceeds of $500,000 for the Foundation's discretionary endowment which funds non-profit organizations in the Pasadena community. PCF raised $1.6 million during the year-long anniversary campaign of which $1 million was contributed by an anonymous donor.
"Our event was very unique and brought together donor and non-profit leaders from our six, targeted funding areas: the Arts, Education, Environment, Health, Human Services and Youth," states PCF Executive Director Jennifer DeVoll. "Key goals for our anniversary campaign were to build our endowment and to increase awareness of PCF's role to serve both donors and nonprofits." Ms. DeVoll says the Foundation's long-term goal is to increase its grant making from $600,000 to $1 million each year.
In recent years, PCF has funded an average of 30 to 40 local non-profits annually. PCF has an ongoing relationship with local organizations, many that have received multiple grants over the past 60 years. Donors can contribute to PCF's endowment which generates income that funds these charitable organizations or they can create their own named endowment that funds a specific area about which they are passionate. Since its inception, the Foundation has benefited over 200 local charities in the Pasadena community. For a list of PCF's Top 60 funded nonprofits, please go to: www.pasadenacf.org.
As part of its 60th year celebration, PCF announced a new education grant program committing $60,000 per year for three years ($180,000 total) to fund programs that help close the achievement gap for Pasadena Unified School District students. Among this year's grantees was the Pasadena Educational Foundation's First Grade Readiness summer program for kids who need extra help to make a successful transition from kindergarten to first grade.
In the area of Human Services funding, PCF awarded Abode, a non-profit affordable housing agency, a capital improvement grant for Centennial Place in Pasadena. The former YMCA building, now owned by Abode, houses formerly homeless individuals through a partnership with the City of Pasadena and Union Station Homeless Services.
In the Arts area, there were two, first-time grantees: Muse-ique and Theatre at Boston Court. Both organizations received funding to support and enhance their performances.
"In addition to raising money, Ms. DeVoll says, "a big part of our anniversary campaign is to help people understand the important role we play in not only grant making but in facilitating local philanthropy by working with donors. While each of our donors may have their own favorite passion or charity, what we all share is our love for Pasadena. We have almost 100 families who have created endowments for Pasadena that collectively ensure our children have access to medical care, protect our environment and open space, and educate young musicians. We hope that families who love Pasadena will continue to work with us to build their hometown legacy."
For more information on the Pasadena Community Foundation, please visit: www.pasadenacf.org.