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News Story
Updated: 02/23/2013 08:42:01AM

Foundation hands out $4.15M in grants

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The board of directors of Gulf Coast Community Foundation has approved $4.15 million in grants, including $322,000 in five “leveraged” grants from endowed charitable funds at the foundation and more than $3.2 million in grants recommended by donors.

Leveraged grants typically involve multiple partners and require a commitment of funding from the grantee or other sources in order to extend the impact of the proposed project.

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