Albany Rotary Foundation Inc

The Albany Rotary Foundation Inc is a nonprofit organization affiliated with the Rotary Club of Albany. Its primary purpose is to provide charitable funds to support people in need within the Albany community. Established to serve as the charitable arm of the local Rotary Club, the foundation has grown significantly since its inception, distributing substantial grants to various nonprofit agencies in the area.

Mission and Focus

The foundation focuses on supporting projects that benefit individuals in need within the Albany area. It prioritizes funding for new projects rather than annual fund drives, aiming to provide seed money that can help launch innovative initiatives. The foundation's donations typically range from $1,000 to $2,500 per year, although larger grants may be considered under exceptional circumstances.

Grant Requirements

To be eligible for funding, organizations must meet specific criteria:

• 501(c)(3) Status: Applicants must hold a 501(c)(3) designation.
• Project Location: Projects must be located in the Albany area.
• Support for People in Need: The focus of the projects or programs should be on supporting people in need.

Impact

Since its establishment, the Albany Rotary Foundation Inc has made significant contributions to the local community by distributing over $130,000 to more than 60 Albany-based nonprofit agencies. This charitable giving aligns with the broader mission of Rotary International, which emphasizes service to both local and global communities.