Community

PEC obtains $5K in matching grants from CoBank for three local nonprofits

The matching funds bring the total contributions to nearly $10K

10.30.18

Through a generous match from CoBank’s Sharing Success program, PEC presented checks for $3,000, $1,000, and $1,000, respectively, to Camp of the Hills in Marble Falls, Cottonwood Shores Volunteer Fire Department (VFD), and For the Love of Go in Kyle. These contributions are in addition to PEC Community Grants for $3,500, $3,500, and $1,200, respectively, given to the same local nonprofits earlier this year.

CoBank provided a $1,000 Sharing Success grant to Cottonwood Shores VFD to match a $3,500 PEC Community Grant made earlier this year.
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PEC staff presents $3,000 from CoBank to Marble Falls nonprofit Camp of the Hills. The funds matched a $3,500 PEC Community Grant to the organization earlier this year.

Camp of the Hills — a camp for underserved youth — will use its PEC Community Grants to create an outdoor education program featuring a greenhouse, grow beds, and a plumbing system for an aquaponics farm. Cottonwood Shores VFD will use its PEC Community Grant to fund upgrades to its training room, and For the Love of Go — an organization devoted to keeping families active — will purchase high-quality radios to help improve communications between health volunteers and first responders during races. The organizations may choose to apply the CoBank funding to the same projects or for any other activity they deem fit.

For the Love of Go in Kyle received $1,000 from CoBank in addition to its $1,200 PEC Community Grant earlier this year.

“We’re thrilled to be able to partner with CoBank to bring more funding to vital projects in our community,” said PEC Community Relations Coordinator Caroline Tinsley-Porter. “Every dollar counts for organizations like these and the local families they serve.”

CoBank, a national cooperative bank serving vital industries across rural America, recognizes that its customers often know best where funding can most effectively be provided to benefit their communities. Each year, the bank sets aside $3 million to fund its Sharing Success program, which matches charitable contributions made by each of its customers up to $5,000.