Donors’ Gifts to 147 Organizations to Go Further, Fueled by $200,000 Stretch Pool
Press Release – State College, PA – As the “Best Fundraising Event” approaches, fans of Centre Gives have something to celebrate before the 36-hour online event even begins: a doubled stretch pool of grant dollars!
“This year, we’re excited to partner with the Hamer Foundation, which has generously doubled the Centre Gives stretch pool to a total of $200,000!” explained Molly Kunkel, Centre Foundation’s Executive Director. “The Hamer Foundation’s expansion of the stretch pool embodies the spirit of Centre Gives – a generous community that comes together in support of our local resources, neighbors, and organizational assets. It is a truly generous and visionary gift that all Centre County residents will be able to enjoy.”
Since 2012, Centre Foundation has provided an annual $100,000 stretch pool, ensuring that donors’ gifts go further during Centre Gives. In 2016, gifts were stretched and average of 16%.
“The more an organization raises, the more of the stretch pool they will ultimately receive,” stated Kunkel. “This $100,000 infusion into the stretch pool not only boosts the impact of Centre Gives, stretches donors’ dollars that much further, but also allows our non-profit organizations make a greater impact in the community.”
Since Centre Gives began in 2012, over $4,000,000 has been invested in the local non-profit network. Community members’ generous gifts have supported local non-profit organizations working in the areas of arts, animals, education, environment, and health & social services.
“Our community is generous and full of savvy donors,” noted Kunkel. “During Centre Gives, donors know that their donations will go further. They count on the stretch pool’s affect to allow their favorite local non-profit organizations to have a greater impact in Centre County. Donors also enjoy competing for the $25,000 in prizes that are offered through the event.”
Centre Gives 2017 is sponsored by many forward-thinking members of our community, including the Hamer Foundation, Knight Foundation, First National Bank, PSECU, Balfurd Dry Cleaners, and Tom and Sara Songer of the Torron Group.
Centre Gives 2017 will kick-off at 8:00 am on Tuesday, May 9th at CentreGives.org. Follow the fun on social media using #CentreGives and make sure to support your favorite local organization before the fun ends at 8:00 pm on Wednesday, May 10th!
Centre Foundation’s mission is to inspire and facilitate a culture of giving to create a more vibrant community.