STAPLES -- The Staples Community Foundation announced its fund-raising campaign has passed the $100,000 level.
Marv Rothstein, chairman of the foundation board, said, "We are overjoyed that the community has reacted in such a positive and supportive way to our call for the creation of a local philanthropy.
"It is a cause to celebrate," he said, "but the real celebration will come when we reach our goal of raising $250,000 by June 30 of 2002. When that happens there will be a real cause to celebrate, because that means that we will receive an additional $80,000 matching bonus from the Initiative Foundation. That bonus will enable the Staples Community Foundation to be in the position of being a real positive force for growth, advancement and improvement in our community."
The Staples Community Foundation is an attempt to build a permanent vehicle that will allow the funding of new ideas and programs to benefit the community. The money raised will never be spent but will be invested and the earnings from the investment will be available for grant making each year.
The Staples Community Foundation is a component fund in partnership with the Initiative Foundation. The Initiative Foundation has helped the Staples Community Foundation become organized and gives the benefit of the Initiative Foundation's resources.
The mission of the Staples Community Foundation is to develop and strengthen community resources and to enhance the quality of life in the Staples area.
Its focus will be to strengthen youths and families, improve community appearance and increase community involvement and sense of belonging.
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