With A Heart For Community: Reflections on 2023

In 2023, following a celebratory 2022, we embarked with renewed vigor on our mission to serve and uplift our beloved community. Our Foundation experienced a surge in contributions, totaling $16,990,043 from a multitude of generous donors. Notably, 14 new funds were established, marking the highest number of new funds in a single year over the past 15 years, bringing our total managed funds to 582.

Our dedication to grantmaking remained unwavering, with a focused effort on critical areas such as health, education, community economic development, basic needs, and arts and culture programs. Through 165 discretionary grants totaling $4,722,052, we aimed to positively impact the lives of over 600,000 West Virginians.

Moreover, we extended our support through other channels, allocating $5,451,720 in donor-advised funds across 454 grant awards and $3,405,437 in donor-designated funds through 255 grant awards. Notably, it was a milestone year for scholarships, with $1,525,100 disbursed to 485 students. In total, our grants and scholarships surpassed $15 million in distribution.

Furthermore, our dedication to strengthening the nonprofit sector persisted throughout the year. The third cohort of our Building Bridges Leadership Institute saw twenty-five emerging nonprofits receiving tailored support from seasoned experts, bolstered by mini-grants to cover associated costs.

Here are a few quotes from participants:

1. “This was an amazing experience not just in terms of the grant but all of the added value that was provided through the interactive experiences!”

2. “This is one of my first grants that I have ever written and managed and I am extremely impressed by how hands-on and attentive TGKVF has been. I hope to keep working with the foundation and appreciate all the help and support they have given us.”

3. “There are so many wonderful things about this program. I feel so supported and lucky to have been gifted the ability to go to the Kripalu training. I actually am a much better yoga teacher now! Amanda was so responsive and easy to work with, she is a gift, too. The gift of Dr. Foster’s book was very timely and helpful in writing grants this year. And the time from Becky King! That was so unexpected and so wonderful, she has really supported me these past few months. I am so so grateful to TGKVF for her time, and for putting on the BBLI program. I only wish I could’ve been in town for the in-person meeting. I will just have to make sure I make it to any reunions in the coming years.”

4. “This was a wonderful opportunity to be selected for, and although I’ve spent 20+ years in the nonprofit sector I still learned so much through the experience. The time provided with the consultant was invaluable.”

5. “There were so many resources available that I never knew about. I also liked the interactive aspects of the meetings, it made me feel comfortable learning that there were so many organizations and directors in similar situations and that we all could share our challenges. It made it easy to be transparent about the stage that we are in, as it can be intimidating thinking you are not as experienced as others, but it felt like a very safe and comfortable atmosphere.”

As of the close of 2023, our total assets under management stood at $323,222,193 (unaudited), underscoring our steadfast commitment to responsibly stewarding resources for the betterment of our community. Thank you to all the donors and community partners who contributed to the positive outputs from The Greater Kanawha Valley Foundation. These achievements underscore our unwavering dedication to making a meaningful difference in our community, and we look forward to continuing this impactful work in the years to come.

Dr. Michelle Foster
President and CEO

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