Recognizing Grantmakers- St. Louis County Port Authority Community Reinvestment Fund

Lemay NowEach January at our Annual Meeting the Gateway Center for Giving recognizes grantmakers for our Excellence in Grantmaking Awards.  While only three grantmakers each year receive awards, we get tons of great nominations from local nonprofits who want to recognize the foundations that have supported them over the years.  In this Recognizing Grantmakers blog series we are going to share with you some of the nominations we received this year.  While these nominations may not have been one of the three winners, these grantmakers (and nonprofits) deserve recognition for the great work they are doing in the St. Louis community.

This week we would like to share with you a nomination from Lemay Child & Family Center  in partnership with the Lemay Development Corporation and Lemay Housing Partnership that looks to recognize the St. Louis County Port Authority Community Reinvestment Fund.  Thank you to Lemay Child & Family Center for submitting this nomination for the 2011 Giving is Ongoing Excellence in Grantmaking category.

“The St. Louis County Port Authority has made a five-year commitment to support the redevelopment of Lemay by strategically investing in projects and programs that make a difference in the lives of the people who live, work, and play here.  Using lease payments received from River City Casino, the Port Authority created the Community Reinvestment Fund, and for five years (2010 – 2014), 75% of that funding has been designated for the Lemay community.

In fact, in three rounds of grantmaking, the Port Authority has provided more than $4 million in grant funds to 16 local organizations including Lemay Child & Family Center, Lemay Development Corporation, and Lemay Housing Partnership.  As a community, we are using the funds to improve our infrastructure; to promote business development; to provide social services and educational opportunities to families, senior citizens, and children; and to promote the rich history and culture of our community.

We believe that the Port Authority has clearly demonstrated “Excellence in Grantmaking” because they have taken a very comprehensive approach to community reinvestment in order to promote lasting change. The Community Reinvestment Fund has already helped to leverage other funding, and the Port Authority Board is encouraging local organizations to work collaboratively toward the goals outlined in the Lemay Comprehensive Plan.  The projects being funded today will lay a solid foundation for future progress and development, even after the Port Authority expands its focus outside of Lemay in 2014.”

Click here to learn more about the 2011 Excellence in Grantmaking Award Winners.

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