United Way Of Central Carolinas Warns It Must Slash Grants By At Least Half Next Year wfae.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfae.org Daily Mail and Mail on Sunday newspapers.
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United Way of Central Carolinas has tapped its reserves to keep grants flowing to local nonprofits over the next year. But officials worry that a continued decline in donations could make it hard to meet the Charlotte region s growing needs in the years ahead.
The United Way board approved $10.7 million in grants to 127 organizations for 2021 - level with last year. But doing that required spending up to $3 million from its reserves - something the organization had previously said it would not do again.
United Way of Central Carolinas
Laura Yates Clark, United Way of Central Carolinas president and CEO
From staff reports
CHARLOTTE â United Way of Central Carolinas has announced the investment of $21.7 million into communities across the Charlotte region, awarding grants to more than 100 agencies in five counties that are building stronger neighborhoods, improving racial equity, boosting economic mobility and helping people meet basic needs in the pandemic.
Thanks to thousands of corporate and individual donors, the investment includes $10.7 million for United Way initiatives and partner agencies in fiscal year 2021. The funding includes a $1 million contribution from Mecklenburg County to expand United Wayâs Unite Charlotte initiative to improve racial equity, which was seeded by Wells Fargo in 2016. United Way also broadens its reach by welcoming 36 new partners with first-time grants to programs aligned with its mission.