GREATER LAFAYETTE, Ind. (WLFI) -- The Community Foundation of Greater Lafayette is celebrating 50 years of service.
The organization launched in the 1970s with a net asset of about $65,000. Now that number has grown to around $69-million.
The organization works to provide grants and endowment funds to non-profits. Last year alone, it provided 1.7-million dollars in grants.
That's the most the foundation has ever been able to provide in a single year.
CEO and President David Lasater said he's excited about the foundation's accomplishments.
"We're able to go out and make a difference within the community, to help non-profits, to help the community be better and be more impactful and help the citizens of Greater Lafayette," said Lasater.
He said he's hoping for 50 more years of growth.
"Our community impact continues to multiply," said Lasater. "And if there's one significant thing that we've been able to contribute, to the community its capacity building of the different non-profits."
The foundation has given a total of more than $20-million since its launch. Right now the organization is partnering with United Way to provide COVID-19 relief funds.