The Inter-Faith Council rose to the challenge issued by The Stewards Fund and exceeded their end-of-year goal of $92,625.
Last October, The Stewards Fund issued a challenge grant to the IFC, as well as several other nonprofit organizations in Chapel Hill and Durham.
The grant required that the IFC raise at least $92,625 in new or increased donations in order for The Stewards Fund to make a matching donation.
Michael Reinke, IFC executive director, said according to the preliminary results the IFC raised at least $114,998 from new donors or increased donations from regular donors during the challenge period from Oct. 1 to Dec. 31.
Reinke said the money from the grant will go to a general operating fund. The fund, he said, is important because it helps the IFC provide services such as emergency assistance, meals and residential services.
“Without it, we would have to severely cut back,” Reinke said.
TROSA, a residential substance abuse recovery program in Durham, also received a challenge grant from The Stewards Fund.
Keith Artin, chief operating officer for TROSA, said the organization is still working toward their goal of $156,750 to be raised from new or increased donations by Feb. 23.
