DOWNERS GROVE, Illinois—The DuPage Foundation is thrilled to announce that in May it surpassed $70 million in total assets under management and $30 million in cumulative grant distributions, equating to a total of $100 million in total charitable capital since our founding! This incredible milestone could not have been attained without the generosity of our many donors and other community partners, together with the tireless efforts of our Board, staff, committee members and other volunteers.
Over the past 10 years, the Foundation’s assets have nearly tripled, increasing from $25.1 million in 2007 to more than $70 million today.
Meanwhile, this growth has afforded us increased capacity to broaden the scope of our services, foster new community initiatives and provide greater support to our not-for-profit partners. During the last decade, Foundation annual grant distributions have more than tripled increasing from $1.1 million in 2007 to more than $3.6 million today. Notably, in our 30-plus year history, we have now awarded more than 5,300 grants to not-for-profit organizations serving the residents of DuPage County and beyond.
“I couldn’t be prouder of reaching this monumental milestone,” said Dave McGowan, Foundation president & CEO. “This demonstrates how the Foundation’s vision and mission resonates in our communities.”
Again, our sincere thanks to all of you for your role in helping us achieve this phenomenal milestone. It would not have been possible without your confidence, trust and generosity.
About the DuPage Foundation
The DuPage Foundation is DuPage County’s philanthropic leader. Established in 1986 to raise the quality of life throughout DuPage County, the Foundation serves our community by helping area residents and organizations realize their unique charitable goals, providing impactful support to our community’s not-for-profits, and fostering key partnerships to address critical issues affecting DuPage County.
As a 501(c)(3) public charity, the Foundation receives contributions and bequests from individuals, corporations, organizations and foundations looking to make a difference for our community and the causes about which they are most passionate. Since its inception, the Foundation has grown to more than $70 million in assets and awarded more than $30 million in grants to not-for-profit agencies serving the residents of DuPage County and beyond.
For more information about the Foundation, visit www.dupagefoundation.org. To arrange fu-ture media opportunities, please contact William Pearch, marketing manager, at 630.598.5290, or firstname.lastname@example.org.