Posts Tagged ‘sobrato family foundation’
The fiscal year comes to a close at the end of June at PACE. We are so close to reaching our $35,000 goal. Can you help?
Make a donation to PACE today, and your gift will be doubled by a matching grant from the Sobrato Family Foundation! There’s never been a better time to donate whatever you can.
The Sobrato Family Foundation Challenge Grant drive is still going strong here at PACE! We’ve gotten a good response so far, but we really need your help to make it to our $35,000 goal.
Make a donation to PACE today, and your gift will be doubled by a matching grant from the Sobrato Family Foundation! There’s never been a better time to donate whatever you can.
The Sobrato Family Foundation has awarded PACE a Challenge grant for the second time in four years! The grant amount has increased while maintaining the same unrestricted spending guidelines.
The Sobrato Family Foundation provides capital that support nonprofits’ capacity to deliver services, which as a result strengthens the local community in the Silicon Valley. The Foundation’s Executive Director, Diane Parnes, explains why they chose PACE, “PACE’s work has greatly contributed to the quality of life of their clients and of the community as a whole!”
The grant value for PACE is $35,000 in the first year, and if PACE successfully matches the grant with new or increased cash donations in 2010, in the second year they will award PACE $36, 750 (the first year’s grant amount plus an additional 5% increase). This new award will total $71,750 over two years (not including what PACE raises)!
One great aspect of the grant is the flexibility–it allows PACE to decide how to invest in either “People” or “Place” expenses. Here’s the donor requirement breakdown:
- A cash gift from a first-time donor will be matched 100%
- A cash gift from a lapsed donor (one who has not made a donation in 12+ months) will be matched 100%
- A cash gift from a current donor (one who has given within the last 12 months) will be matched 100% by the increased portion of their most recent gift (i.e., if the donor gave $500 last year and gives $750 this year, then $250 is the eligible match amount)
PACE thanks the Sobrato Foundation for their generosity, and we are incredibly excited to again be part of this wonderful opportunity. Help us reach our matching grant goal of $35,000 by making a donation today: visit the PACE website, call 408-245-3400, or contact development@pacificautism.org!
