Phillips Foundation Grants Additional $960,000 to Combat Homelessness in Guilford County
GREENSBORO, N.C. (June 2, 2015) — Phillips Foundation today announced a $960,000 grant to Partners Ending Homelessness to help further reduce chronic homelessness in Guilford County. The grant comes shortly after Partners Ending Homelessness’ annual Point in Time Count, which reported a 25 percent decrease in homelessness and a 30 percent decrease in chronic homelessness in Guilford County since last year.
This grant brings Phillips Foundation’s total giving to Partners Ending Homelessness to $1.96 million. The Foundation provided a $1 million grant to the organization in 2013 to launch its “Housing First” initiative, which has already achieved strong preliminary results.
“Partners Ending Homelessness is making tremendous strides in its efforts to end chronic homelessness in Guilford County,” said Elizabeth Phillips, executive director of Phillips Foundation. “This additional strategic investment helps ensure this positive trajectory continues and that individuals in need are able to receive the supportive services they require to live fulfilling and stable lives.”
“Phillips Foundation’s gift will be instrumental in our efforts to dramatically reduce the number of homeless cases in our community,” said Darryl Kosciak, executive director of Partners Ending Homelessness. “This grant allows us to build on the momentum generated by the Foundation’s first grant and propels us toward our goal of ending chronic homelessness in our community. We are very thankful for Phillips Foundation’s continued support and commitment to transforming lives in Guilford County.”
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About Phillips Foundation
In 2005, local business leader Kermit Phillips created the Kermit G. Phillips II Charitable Trust to provide funding to non-profit causes as elected by the Phillips family. The trust’s endowment recently gained the majority of its funding and now operates as the Phillips Foundation. The current board is regionally focused on the Greensboro community with five target areas: housing and homelessness; economic development; arts and culture; child and family services; and education and learning enrichment. For more information, visit PhillipsFoundationNC.org.
Phillips Foundation currently does not accept unsolicited grant applications.
Phillips Foundation is a private family foundation and catalytic capital platform that leverages its assets to maximize social, environmental and financial value.
