LITTLE ROCK, Ark.--(BUSINESS WIRE)--Feed Arkansas Kids will be awarded $4,000 in Partnership Grant Program (PGP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) and BancorpSouth Bank, an FHLB Dallas member institution.
The nonprofit will use the funds to help offset operation and administrative expenses and meals for residents of a home for area homeless women and children, as well as provide financial literacy training and job placement services. The media is invited to a check presentation at 10:00 a.m., Monday, September 11, 2017 in Little Rock, Arkansas.
PGP awards provide grants to community-based organizations (CBOs) of up to $12,000. The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through the PGP, FHLB Dallas matches a member’s contribution to a CBO of $500 up to $4,000 at a 3:1 ratio for a maximum $12,000 contribution from FHLB Dallas. The grants are offered via a lottery system once a year through FHLB Dallas members. In 2017, FHLB Dallas awarded $300,000 in PGP funds through 31 member institutions to assist 30 CBOs. Combined with the $104,550 contributed by FHLB Dallas members, a total of $404,550 was awarded to the organizations. For more information, visit fhlb.com.
|WHEN:||10:00 a.m., September 11, 2017|
|WHO:||Leslie Rutledge, Arkansas Attorney General|
Evelyn Edwards, Vice President, Community Development Grant Specialist, BancorpSouth Bank
|Mark Evans, Senior Pastor, Feed Arkansas Kids|
Bruce Hatton, Vice President, Affordable Housing Program Manager, FHLB Dallas
|WHERE:||Feed Arkansas Kids|
|Care Center Facility|
|11500 W 36th Street|
|Little Rock, Arkansas 72211|