The Straits Area Community Foundation (SACF) board of directors is pleased to share with you that 2014 showed increases in both gifts and grant awards. Our total assets were up by $228,000 as of December 31, 2014, reaching $1,979,187.
Gifts to SACF increased over 2013 by $72,467, totaling $186,702 in 2014. The total amount of grant awards exceeded the $100,000 mark this year, for a total of $103,853—an increase of $21,856 over last year. We also added one new endowment fund this year, raising the total number of funds to 46. The Straits Area Youth Advisory Council, made up of students from 12 to 21 years old, awarded $3,090 in new grants over three grant cycles during the 2014 fiscal year. Called YAC grants, they are for programs and projects that benefit Cheboygan County and Mackinaw City youth.
View the full 2014 Straits Area Community Foundation Annual Report here.
Please support our 2014 Annual Report Sponsors:
Citizens National Bank
Darrow's Family Restaurant
Darrow Brothers Excavating, Inc.
Mackinaw Area Historical Society
Mackinaw City Area Arts Council and Music in Mackinaw
Sharon Stack, Attorney