SATCH CAPITAL UPDATE

Here is an update from Satchel on our Satch Capital Giving for 2015 and 2016. Every month half of our ATM fees collected go to a local non profit, the other half we use for large Satch Capital grants.This time The Giving Committee has selected the biggest project ever!

Hey, Satch here with a note to add to Gracy's blog. We haven't reported where we spent our Satch Capital funds (from 2015) yet and I am really sorry. You see, we have $13,000 to spend and so we make the decision very carefully and think about all the grants we received and want to spend your money in the best way possible.  We have pretty much decided to spend the money to sponsor a Habitat house build.  That means we give about $50k and round up volunteers and help build a local Habitat home. We are saving the extra money needed to sponsor the build and also thinking about the timing that is best for us. We are hoping to officially announce this and begin to build in the Fall of this year. This is ATM money at work, plus we'll chip in some extra too from profits.  Thanks so much for your patience and support.  Satch

FIRST QUARTER SATCH GRANTS 2016 AWARDED

Satch Grants are awarded quarterly to non profits working on specific projects. The next deadline to apply for 2nd Q Satch Grant is June 30. First Quarter Satch Grants for 2016 were awarded to three local organizations focused on helping the youth of our community. 

Project ReVibe  was awarded $500. Project ReVibe works to empower youth with special needs through sustainability and arts. The ReVibe project allows participants to channel their efforts into learning new skills in woodworking, construction and entrepreneurship. Recycling, creating, collaboration and community involvement will hopefully take a small project on to larger things.

The Education Foundation of Alachua County has supported Alachua County Public schools since 1986. The Education Foundation funds the Find it and Fund it and Catalyst for Change programs. These initiatives help educators purchase items which the foundation believes empowers teachers and principals to choose programs and materials for their school and classrooms not covered by other funding sources. This organization was awarded $1000 Satch Grant.