Senior Fund awards $800,000 to St. Louis nonprofits, seeks new applications

SHAHLA FARZAN | November 10, 2018

Senior Fund awards $800,000 to St. Louis nonprofits, seeks new applications
Two years ago, St. Louis voters approved a property tax that funds assistance programs for older adults. The St. Louis City Senior Fund, which administers the tax-generated revenue, awarded $800,000 dollars this year to local nonprofits. The organizations provide a range of free services for older adults to help them continue living in their homes. Jamie Opsal, executive director of the fund, said the services, including utility assistance and home repair, fill a vital need in the community.
“Our population is continuing to age,” Opsal said. “At the same time, resources for older adults at both the federal and the state level continue to be cut or they just don’t grow.” In July 2018, the Senior Fund awarded grants to 17 organizations, including Heat Up St. Louis, Rebuilding Together and City Seniors Inc. To help coordinate their often-complementary programs for older adults, Opsal said the Senior Fund encourages the grant awardees to collaborate.

Spotlight

In 2019 ASU 2014-09, "Revenue from Contracts with Customers" became effective. The standard sets a single framework for revenue recognition for all organizations, including nonprofit organizations.


Other News
PHILANTHROPY

FORTUNE Launches Philanthropic Fund Alongside NFT Artist pplpleasr on the Ethereum Blockchain

The Henry M. Jackson Foundation for the Advancement of Military Medicine | September 21, 2021

FORTUNE and digital artist pplpleasr have announced the FORTUNE Journalism PleasrFund, a decentralized donor-advised fund run entirely on the Ethereum blockchain, through Endaoment. The PleasrFund is dedicated to advancing independent investigative journalism and programs that foster interest in sound reporting and journalistic integrity. The fund was initially seeded by a contribution of 209.19 ETH after fees, approximately $660,000 when the contribution was made, representing half of the proceeds from FORTUNE and pplpleasr's series of non-fungible tokens (NFTs). This fund will serve the public interest, further accountability and transparency through journalism, and cont...

Read More

NONPROFIT MANAGEMENT

Mayor Lightfoot Announces Elkay Donation Of 101 ezH2O® Bottle Filling Stations

Elkay, Elevate | September 20, 2021

Mayor Lori E. Lightfoot today announced Elkay will donate 101 Elkay ezH2O® bottle filling stations at select city sites and non-profits through a partnership with the City, Chicago Park District, and Elevate to reduce plastic waste and expand cleaner, healthier drinking water throughout the south and west sides. The units also include a lifetime supply of filters. The bottle filling stations will be installed on Chicago's South and West Sides in the city's parks, buildings, and community centers and will bring access to clean drinking water across locations that need it most while helping reduce single-use plastic waste. This donation coincides with Elkay'...

Read More

NONPROFIT MANAGEMENT

GreenHill Partners with the GiftingNetwork

GreenHill, GiftingNetwork | September 18, 2021

GreenHill and the GiftingNetwork announced today that the companies have entered into a strategic partnership that will expand GreenHill's presence in the nonprofit institutional market and offer GiftingNetwork's clients integrated investment performance reporting. This agreement brings together technology and financial solutions for nonprofit organizations. GreenHill's personalized investment analysis, reporting and monitoring services, coupled with the GiftingNetwork's Wall Street-caliber donor advised SaaS platform provides nonprofits tracking and reporting solutions catered to their needs. "Our performance measurement integ...

Read More

NONPROFIT MANAGEMENT

BankPlus Donates $100,000 to Saints and Pelicans Gulf Coast Renewal Fund, Supporting Nonprofits Impacted by Hurricane Ida

BankPlus | September 17, 2021

As nonprofits and community organizations along the Louisiana and Mississippi Gulf Coast begin rebuilding and repairing damages incurred from the recent impact of Hurricane Ida, BankPlus has announced a donation of $100,000 to the Saints and Pelicans Gulf Coast Renewal Fund. The BankPlus donation will support nonprofits which are providing essentials and services to those in need. “BankPlus is committed to helping rebuild our communities,” said Bill Ray, CEO of BankPlus. “We know the Saints and Pelicans Gulf Coast Renewal Fund will put our donation to good use. The funds will ensure community organizations can continue to provide resources and n...

Read More

Spotlight

In 2019 ASU 2014-09, "Revenue from Contracts with Customers" became effective. The standard sets a single framework for revenue recognition for all organizations, including nonprofit organizations.

Resources

Events