Community Foundation of Elko County Announces Major Gift.
Barrick Invests in Community Foundation of Elko County.
Barrick announced that it has committed significant support to the Community Foundation of Elko County (CFEC), an affiliate fund of the Community Foundation of Western Nevada. “Barrick believes in the value the Community Foundation will provide to the sustainability of Elko County communities for generations to come and has pledged to invest $116,000 over four years to the CFEC.” Said Nigel Bain, Executive Director, Barrick USA. The announcement was made at the Community Foundation of Elko County’s annual public meeting in Elko on January 4.
“We’re proud to be the initial corporate sponsor,” said Rebecca Darling, Barrick director of corporate responsibility. “We would challenge — in a friendly, loving way — for other businesses to join us.”
The Community Foundation of Elko County is an endowment fund making annual grants to local nonprofits from the fund’s investment returns. Barrick’s gift to the Fund will generate earnings that significantly increase the amount available for annual grants. Elko residents were asked to nominate nonprofit organizations to receive the Fund’s first grants and two were awarded in the summer of 2017 to NAMI Northern Nevada (National Alliance on Mental Illness,) and LASSO (Local Animal Shelter Support Organization). NAMI’s grant supported the training of volunteers to lead a free education program for parents of children and adolescents challenged by mental illness. The grant to LASSO helped with the spay/neuter program for animals adopted from the Elko Animal Shelter.
As a Corporate Philanthropy Partner, a group of businesses that work together for the common good through the Community Foundation of Western Nevada, Barrick aims to raise the awareness of the needs of rural Nevada communities and serve as a liaison in connecting those in need with those who can help.