After four years of getting money, the Terrace Community Foundation is now ready to give.
Donations from individuals, local business and industry has given the foundation a high enough base to start accepting its very first applications for grant funding.
Grants are available to various local Terrace non-profit groups.
The Terrace Community Foundation was founded four years ago, and since then has slowly built up an endowment that has now grown to $285,000.
The high principle means the group can start providing grants from the interest it earns.
The deadline for grant applications is May 25th, which will allow successful organizations to get their funds before the summer.
More information can be found at: www.terracecommunityfoundation.com.