Charles & Margery Barancik Foundation awards $5 million in grants to support nonprofits
The Charles & Margery Barancik Foundation’s Board of Directors recently approved more than $5 million in grants.
The funding includes 11 grants to regional nonprofits working in education, mental health, humanitarian causes, and arts and culture. The Barancik Foundation Board also directed significant funding to the Foundation’s First 1,000 Days Suncoast initiative ($700,000) and Affordable Housing initiative ($1.5 million).
“Across many of these grants, we see the difficulties that families in our region face as they try to remain financially stable,” said Teri A Hansen, president and CEO of the Barancik Foundation. “On the whole, we are investing in everything from early interventions to crisis response, and we are grateful to our nonprofit partners that are doing this innovative and necessary work.
"We can’t wait to see how they impact and enhance our communities."
Education funding included:
FUNducation received $150,000 to expand its early STEAM programming in Sarasota County.
Manatee Education Foundation was awarded $150,000 to help fund a variety of programs that will support at-risk children and families in partnership with local nonprofits and the School District of Manatee County.
State College of Florida Foundation will receive $429,445 to expand its baccalaureate degree programs in Elementary Education and Exceptional Student Education as well as its College Reach-Out Program (CROP).
Funding for humanitarian causes included:
Harvest House will receive $600,000 to make improvements to housing units, increase therapy services, and support a range of other programs for those in need of safe, affordable housing, addiction recovery, and wraparound support.
Turning Points was awarded $316,000 to expand its navigator program, which helps residents in crisis locate and access community services available to them.
Women’s Resource Center was awarded $275,000 to enhance its programming to help women in Sarasota and Manatee counties break the cycle of poverty.
Margwine Organization was awarded a $95,000 grant to build its capacity by enabling the all-volunteer organization to hire its first full-time staff member.
Mental health funding included:
SRQ Strong will receive $250,000 to build its capacity in transitioning from an all-volunteer program to an independent and sustainable nonprofit organization.
Arts and culture funding:
Azara Ballet will receive $180,000 for operational support to hire staff and build out its dance company as it continues its inaugural season and prepares for its second performance season.
CreArte Latino Cultural Center was awarded $126,000 to build its capacity through staff and operational support and increase revenues to fund its performance and educational programming.
Other Barancik funding projects
The Barancik Foundation also earmarked funding for two of the Foundation’s regional initiatives:
$700,000 was approved for the First 1,000 Days Suncoast initiative to serve as matching funds as the Sarasota Memorial Healthcare Foundation raises money to sustain the initiative.
$1.5 million was approved for the Barancik Foundation’s Affordable Housing initiative for direct investment in workforce housing units.
The Barancik Foundation Board also seeded a new evaluation fund with $200,000 to provide training and resources for nonprofit organizations to increase their program evaluation and fundraising capacity.
Submitted by Greg Luberecki
This article originally appeared on Sarasota Herald-Tribune: Barancik Foundation awards $5 million in grants to support nonprofits
