In the latest episode of 'The Valley Today,' host Janet Michael engaged in an enlightening conversation with the Community Foundation of Northern Shenandoah Valley (CFNSV). Janet was joined by the CFNSV's executive director, Nancy Baker, and Erik Beatley, the board chair, who shed light on the foundation's crucial role in the community and their efforts to bolster local nonprofits.

Eric began by providing an overview of the Community Foundation's mission. Established 20 years ago, the CFNSV functions as a long-term savings account for both nonprofits and donors. With nearly $17 million in invested funds, managed by Mason Investments, even small nonprofits can benefit from significant investment opportunities and reduced fees by pooling their resources with CFNSV.

Janet expressed the utility of the Community Foundation's service, highlighting how it simplifies charitable giving while ensuring donors' legacies are preserved and effectively managed. Erik added that the foundation reduces administrative burdens for donors by consolidating tax documentation and offering an easy-to-use online portal.

Nancy, with her extensive experience in the nonprofit sector, emphasized her commitment to being a bridge between philanthropists and nonprofits. By identifying and addressing the immediate and long-term needs of local nonprofits, she thrives on making meaningful connections that lead to sustainable growth. She illustrated this with a story about helping nonprofits address transportation needs by matching them with donors interested in specific causes.

Janet and Nancy also touched upon the grant application process. Each year, CFNSV offers training for nonprofits to navigate their grant portal, which opens in April. This system allows nonprofits to apply once to be considered for multiple grants, connecting them with donors whose interests align with their mission. This streamlined approach has proven immensely beneficial for smaller nonprofits without extensive development teams.

Erik revealed exciting plans for a potential scholarship portal, which would simplify the application process for students by providing a one-stop shop for multiple scholarship opportunities. The new system aims to increase the number of applicants and streamline the selection process for decision-makers, ultimately benefiting the Shenandoah Valley's student community.

Highlighting their innovation, Erik shared the success story of the 'Coats for Kids' initiative. Launched 13 years ago in partnership with the Rotary Club of Winchester, this program has grown from distributing 250 coats to over 1,000 annually. The distribution partners ensure the coats reach those in need, exemplifying the Community Foundation's impact on the ground. With an endowment fund goal of $600,000, the initiative aims to become self-sustaining and serve future generations.

The episode concluded with Nancy encouraging listeners interested in contributing to funds like 'Coats for Kids' or starting their own philanthropic ventures to visit the CFNSV website: https://cfnsv.org/ Erik and Nancy reiterated their commitment to partnering with donors and nonprofits to ensure lasting community impact. They expressed their willingness to assist anyone interested in legacy giving or community support.