IP Receives $15,000 in Grants
Impossible Possibilities received $15,000 grants from local foundations, including the Amon G. Carter Foundation ($5,000-Q4 2015), the Lockheed Martin Aeronautics Employees’ Reaching Out (AERO) Club ($5,000-Q4 2015), and the Alcon Foundation ($5,000-Q1 2016).
The funds will be used to support the organization’s existing programs, including its annual Scholarship Initiative, which awards $2,000 scholarships to graduating high school seniors, as well as its Maven’s Milestones Program, an incentive-based reading-achievement program that supports literacy for elementary school students.
“We would like to express our gratitude to each of these generous foundations for their continued support through the years,” said Executive Director Joshua Hernandez. “All three have awarded funds to Impossible Possibilities in the past, and their willingness to give more means that they recognize the great work we’re doing in the local community.”
The Amon G. Carter Foundation is a 501(c)(3) exempt private foundation established in 1945 by Amon G. Carter and his wife Nenetta Burton Carter. Mr. Carter's vision and generosity continue to benefit his community. As of December 31, 2014, the Amon G. Carter Foundation had made charitable gifts totaling over $530,000,000.
The purpose of the AERO Club is to provide a way for Lockheed Martin employees to contribute through a single channel to recognized charitable, scientific, literary and educational organizations and agencies. With four main focus areas, the AERO Club concentrates on stabilizing families, improving community health, serving people with special needs and building local communities.
The Alcon Foundation awards grants to qualified, U.S.-based tax-exempt public 501(c)(3) charities that provide high-quality programs and services, well-defined goals, a program commitment to maximizing available resources, and a reputation for meeting objectives and reporting measured results.