In 2003, NAWN established an endowment fund through the New Albany Community Foundation – www.newalbanyfoundation.org.
The fund started with $10,000 and a commitment to raise more funds through both earned interest and additional fundraising. We are proud to say the fund currently stands at an excess of $100,000.
The fund is used to offer grants and financial support to organizations and causes within the New Albany community that support NAWN’s mission. An example of this would be funds given to establish Safety Town. Additionally, NAWN awards two scholarships to graduating New Albany seniors yearly.
In 2010, NAWN gave $5000 to the Columbus Metropolitan Library to establish a Homework Help Center in the New Albany branch. We have also entered into a three year commitment in partnership with other community groups to bring an author series to the New Albany Schools.
In 2012, NAWN will continue to build the fund with 30% of “An Evening in New Albany” proceeds and projected earned interest. In 2013, 100% of the proceeds from “An Evening in New Albany” will go to NAWN’s Endowment Fund, thus enabling NAWN to increase support to local organizations in the future.