In 1st Half '07 Freddie Mac Foundation Invests More Than $2.5 Million to Help Local Communities Thrive
November 15 2007 - 11:59AM
PR Newswire (US)
LAYC Receives $100K Grant to Help Homeless Youth MCLEAN, Va., Nov.
15 /PRNewswire/ -- In the first half of 2007, the Freddie Mac
Foundation invested in programs that strengthen and stabilize
families and homes in the Washington, DC area by providing more
than $2.5 million in funds for nonprofit organizations serving
children and their families. "The Foundation is proud to be making
a real difference in our hometown," said Ralph F. Boyd, Jr.,
chairman and CEO, Freddie Mac Foundation. "We are committed to
helping communities thrive by investing in programs demonstrated to
improve outcomes for children and families." The Foundation, which
is dedicated to helping children and their families thrive in
stable homes, approved 68 grants during the first six months of
2007. In 2006, the Foundation invested more than $28 million in
grants and contributions to the region and beyond. Foundation
grants are targeted to four focus areas -- Strengthening Families,
Foster Care and Adoption, Youth Development and Stable Homes/Stable
Families -- and provide a continuum of services to children and
their families so they have increased opportunities to succeed. In
the District of Columbia, organizations receiving grants included:
College Summit, which received $50,000 to provide support, tools
and resources to disadvantaged youth in the Washington metropolitan
area to prepare for and attend college. Latin American Youth
Center, which received $100,000 to support the agency's network of
housing programs and services for abused, neglected and homeless
youth in the Washington metropolitan area. Horton's Kids, Inc.,
which received $45,000 to support program expansion and
comprehensive services to improve academic performance of children
ages 4 to 18 in Ward 8 of the District of Columbia. Capitol Hill
Group Ministry, Inc., which received $20,000 to support innovative
programs for homeless or at-risk families in Ward 6 and across the
District of Columbia in addressing fundamental barriers to healthy
living. DC Action for Children, which received $75,000 to support
the improvement of outcomes for foster children in the District of
Columbia through public awareness and education, promoting
effective policies and practices and facilitating collaboration
among public and private providers. In Maryland, several
organizations received funding for their programs, including:
National Center for Children and Families, which received $50,000
to provide families who are at-risk for recurrent homelessness in
Montgomery County, MD with supportive services that help them
achieve stability while they transition to permanent housing in the
community. The Family Tree, Inc., which received $50,000 to provide
family education and support services to families at risk for child
abuse and neglect in Prince George's County, MD. Community Bridges,
which received $25,000 to support a model program that promotes
academic achievement and provides life skills training for
adolescent girls in the low-income neighborhoods of east Silver
Spring and Takoma Park, MD. Among the grantees in Virginia were:
Virginia Mentoring Partnership, which received $60,000 to provide
educational services to existing and developing mentoring programs
that increase the quality and number of mentoring relationships for
Virginia's youth. African American Adoptions, Inc., which received
$35,000 to support the Partners for Life Project, which finds
permanent lifelong connections for older youth in Fairfax County,
VA foster care system. CASA of Greater Prince William, which
received $20,000 to provide trained and supervised volunteer
advocates for abused and neglected children in Prince William
County, VA. Created by Freddie Mac in 1991, the Freddie Mac
Foundation is dedicated to creating hope and opportunity for
children, youth, and their families. As the largest corporate
funder in the Washington, DC metropolitan area, Freddie Mac and the
Freddie Mac Foundation have invested more than $321 million in
organizations serving the community. DATASOURCE: Freddie Mac
Foundation CONTACT: Patricia Fuentes of Freddie Mac Foundation,
+1-703-903-3504 Web site: http://www.freddiemac.com/
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