PRESS RELEASE / ANNOUNCEMENTS Wednesday, December 19, 2012

Hutton Parker Foundation Awards $965,000 in Core Support Grants

Hutton Parker Foundation recently awarded $965,000 in Core Support Grants to 31 nonprofit agencies located throughout Santa Barbara County representing Children, Youth and Families; Civic & Community, and Education organizations.

The awards ranged from $15,000 to a maximum of $50,000 each and represent the second cycle of Core Support Grants awarded this year.

Core Support funding allows an agency to decide how awarded funds will be distributed within the agency to best support current operational needs and future sustainability. A Core Support Grant is defined as unrestricted funding that enables an organization to carry out its mission.

“As we continue to invest in core operational support for our local organizations, it’s rewarding to see how vital nonprofits have adjusted, prioritized and strategized in order to maximize their resources.” explains Pam Lewis, Executive Director, Hutton Parker Foundation. “It is our hope that unrestricted core support, like this will ultimately lead to greater success and sustainability.”

In addition to the Core Support program, Hutton Parker Foundation also funds Media Grants, in partnership with The Santa Barbara Independent, The Santa Maria Sun and Noozhawk; Endowment Grants and Program Related Investments (PRIs). Hutton Parker Foundation is also a leader in providing low cost office space to nearly 90 nonprofit tenants in 18 Foundation-owned buildings located in Santa Barbara and Santa Maria.

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