We are fortunate to have an organization such as the Community Foundation for the Alleghenies in our midst.

The foundation operates endowment funds that support a variety of worthy causes in our region. The effort began with $300 in 1990 and has grown to $42 million in assets, Executive Director Mike Kane announced last week.

In addition, Community Foundation for the Alleghenies has successfully navigated a rigorous accreditation regimen through the National Standards for U.S. Community Foundations Program.

An independent review showed the local foundation meets a wide range of credibility standards, giving those who make donations to the agency great confidence in how that money will be handled.

Only about a third of the 700 community foundations in the country reach this level of accreditation.

“This tells donors that we will do what we say we will do,” Kane said during a news conference at the Holiday Inn in Johnstown.

Community Foundation for the Alleghenies now ranks among the top 25 percent of community foundations nationally in endowment.

Foundation board member Robert J. Eyer said the original goal was to reach $15 million in assets by the early 2000s.

“It’s exciting to see how far we’ve come,” Eyer said.

Indeed it is.

Congratulations to all involved, and keep up the fantastic work.

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