Quantum gives another $450K for County health
WEST PALM BEACH, Florida: The board of trustees of Quantum Foundation, under the chairmanship of Mr. Denis Coleman, recently approved ten new grants totaling over $450,000. The West Palm Beach-based private foundation funds projects that help improve the county’s health in fresh and innovative ways. The foundation has assets of approximately $140 million and since its inception in 1997 has awarded over $120 million to hundreds of nonprofit grantees in Palm Beach County. Every dollar the foundation grants stays in the County to benefit local communities. This round of grants brings 2016’s total grant awards to $4 million.
The approved grants included:
• Habitat for Humanity of Palm Beach County ($50,000)
• Meals on Wheels ($75,000)
• The Arc of Palm Beach County ($50,000)
• The Children’s Healing Institute ($97,600)
• West Palm Beach Library Foundation’s Healthy You Program ($50,000)
• American Cancer Society ($50,000)
• Delray Community Wellness ($35,000)
• Easter Seals ($25,600)
• National Autism Registry ($25,000)
One of the more unique grants goes to an organization that is receiving Quantum Foundation funding for the first time:
George Snow Scholarship Fund: Health Professions Scholarship Initiative ($200,000)
The George Snow Scholarship Fund is dedicated to helping individuals in financial need who are residents of South Florida to continue their education. Their goal is to help deserving individuals in the community achieve their career goals, an objective which has the added benefit of bettering the community at large. The Health Professions Scholarship Initiative was launched in 2015 to provide scholarships and direct scholar support services to students from low-income families who are committed to a career in healthcare. The program will target low-income graduating seniors who are participating in either the Palm Beach County School District High School Medical Academies or the Florida Atlantic University College of Medicine HCOP (Health Careers Outreach Program). Students in both programs are required to meet high academic and participation standards. This grant directly advances Quantum Foundation’s strategic initiative to increase the number of underrepresented groups in the local healthcare arena by supporting students on healthcare career tracks from junior high all the way through graduate school and into postgraduate internships. Providing a strong support system for these dedicated students, particularly those from underrepresented groups, is an innovative way the Foundation is working to ensure a healthier Palm Beach County today and well into the future.
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Background:
Quantum Foundation is a private grantmaking organization that funds approved charities and certain government agencies in Palm Beach County, Florida. Quantum Foundation’s mission is to inspire and fund bold initiatives that improve the health of Palm Beach County. The foundation’s funding supports those organizations which provide health care, help people who need health care, and educate others about health care. According to the latest data compiled by the Florida Philanthropic Network (FPN), Quantum Foundation is the largest Palm Beach County-based health funder with 100% of grant dollars used to support local communities.