Letter From the Executive Director – Fiscal Year 2015
Our Executive Director shares some of the highlights of the past year.
Our Executive Director shares some of the highlights of the past year.
This past fiscal year has been an exciting one at the Robert L. Conconi Foundation. From the Conconi Challenge to the Legacy Grants, there were so many highlights! To wrap-up the year, our Executive Director Sanja shares her thoughts on the Foundation’s achievements and the year ahead.
The good side of leverage…
As I write this letter yet another Conconi Challenge campaign is underway and gaining momentum. The Conconi Challenge is a granting program of Robert L. Conconi Foundation where our committee selects (after a long and detailed due diligence process) a charity to partner with. We then work together with the organization to develop a matching fundraising effort and leverage the funds being gifted.
We strongly believe that this is a triple win model, meaning it meets the objectives of the charity, our foundation and most importantly the general public and individual donors who are really the ones making it a success. The testament on how strongly we believe in this type of collective resource mobilization to drive collective impact is the fact that 25%-50% of our annual granting is dedicated to matching initiatives. The philosophy and reasoning is simple: if it takes a village to raise a child, it takes a lot more than that to support our children, youth and families of BC and we can’t do it alone.
In addition to the Conconi Challenge, this year we’ve awarded two Conconi Legacy Grants to two organizations working with the same goal in mind: supporting (and reuniting) mother’s and children living in poverty and without shelter to sustainable independent living. Our Legacy Grants are not matching grants but a 3-year funding commitment of $50,000 each year.
We are deeply thankful to the armies of individual donors who have responded to our challenges and hope that through our various blog series you can get a glimpse of what impact these collective contributions have made.
Stay tuned for more exciting announcements from us as we embark on yet another fiscal year journey and this one will be a busy one!
With thanks,
Sanja
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