Community Catalyst Fund

Organization: Community Foundation of Greater Huntsville (Created in partnership with Torch Technologies)

Mission: Provide a perpetual source of grants for improving quality of life in Huntsville and Madison County through an endowment to fund annual grants for the betterment of the community.

Geographic Scope: Greater Huntsville and Madison County, Alabama

Focus Areas:

• Community improvement projects
• Quality of life initiatives
• Strategic philanthropic investments addressing community needs
• Areas identified through needs assessments

Fund Structure:

• Endowed fund for perpetual grant-making
• Funded by unrestricted gifts
• Community Impact Committee of the Board conducts needs assessments and prioritizes strategic projects

Initial Funding:

• Torch Technologies (Torchbearer Sponsor): $50,000 inaugural leadership gift
• Additional $100,000 challenge grant available to match other corporate and individual gifts
• Fund expected to grow into significant endowment over 5-10 years

Purpose:

• Enable the Community Foundation to become an active grantmaker
• Allow board and staff to make and manage strategic philanthropic investments
• Solve real problems in the community with long-term positive impact

Contact Information:

• Contact: Stuart Obermann, President/CEO
• Phone: 256.535.2065
• Email: stuart@communityfoundationhsv.org
• Address: 301 Washington Street NW, Suite 302, Huntsville, AL 35801
• Mailing: P.O. Box 332, Huntsville, AL 35804