Via Generocity | By Ebonee Johnson
The Media-based nonprofit formerly known as Crozer-Keystone Community Foundation (CKCF) announced a slew of big changes at a launch celebration on Thursday.
For one, a brand-new moniker: The Foundation for Delaware County (FDC). The organization also revealed new partnerships and grant-making programs for the upcoming year while paying homage to its nearly 300 founding donors.
“We are starting with over $57 million in assets already as well as some fabulous evidence-based public health programs we inherited from the health system,” said FDC President Frances Sheehan, who took over the organization in Fall 2016.
The changes follow two years of newness. In July 2016, Crozer-Keystone Health System was acquired by the for-profit Prospect Medical Holdings Inc., a move that required that any nonprofit assets be reformed into an independent charity. When this new foundation was created, it took on the tax ID number of the old hospital foundation, Sheehan said, though the current organization’s donors and the previous ones from the health system don’t necessarily overlap.
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Not surprisingly, FDC announced on Thursday that its principle grant-making focus for the year will be on programs that improve maternal and child health — particularly for children living in poverty, Sheehan said.
At the launch, FDC announced the organization’s commitment to granting out $1 million to nonprofits in 2018, including $330,000 granted on March 1. The foundation will be teaming up with The Philadelphia Foundation to administer its Delaware County Home Care Fund.