FOR IMMEDIATE RELEASE
Wednesday, February 5, 2014
Contact: Catherine Bonfiglio, Corporate Communications & Marketing
Elevation Church Donates $300,000 to Social Impact Housing Endowment
On the heels of last week’s Point in Time homeless count, Mayor Patrick Cannon today announced a victory in his fight against homelessness with a $300,000 donation to the Social Impact Housing Endowment from Elevation Church. “It’s refreshing to see the faith-based community stepping up to help solve this social crisis,” said Mayor Cannon. “Donations to this Fund from the private, non-profit and now faith-based sectors are a perfect example of how working together works as we are quickly closing in on our goal.”
The Social Impact Housing Fund is a public private partnership created to provide short-term rental assistance for families and veterans earning 50% ($32,000) and below the Area Median Income. The $20 million dollar Endowment includes a $10 million dollar commitment from the City over the next five years and $10 million dollar commitment which is being raised by the Foundation For The Carolinas from donors like Elevation Church.
"This is a wonderful gift from a church that has quickly earned the reputation for being very thoughtful and strategic with their philanthropy, said Brian Collier, Senior Vice President, Community Programs and Civic Leadership at Foundation For The Carolinas. “We are thankful for their generosity and also honored to partner with the Mayor and Council on this important initiative."
“When I heard about your recent endeavor to end homelessness for hard working families and other people in the City, I was moved and inspired to help,” said Elevation Church Lead Pastor, Steven Furtick in a letter to Mayor Cannon. “Affordable housing has been a problem in Charlotte for many years…together we can lead the way in ending homelessness one family, one senior and one veteran at a time.” The commitment, announced to Elevation church members via a video, received an overwhelmingly positive response. See that video here https://vimeo.com/85220161
About Elevation Church: Lead Pastor Steven Furtick and his wife, Holly started Elevation in 2006 with seven other families who are still involved in the church. Elevation's weekly attendance is over 14,000 and in January it added its 10th location in Lake Norman. Elevation Outreach serves with 84 non-profit partners to serve across the world. Since 2006, the church has given $11.2 Million to these strategic partners.
About Foundation for the Carolinas: Foundation for the Carolinas is a nonprofit community foundation serving donors and a broad range of charitable purposes in North and South Carolina. With assets of more than $1 billion, the Foundation encourages and makes possible philanthropic giving by individuals of all means to benefit their communities. Visit. http://www.fftc.org/
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