PT Food Co-op

The Food Co-op, 414 Kearney Street, Port Townsend, 98368
Port Townsend
Phone: (360) 385-2883

Grow Fund

GROW(ING) A HEALTHY COMMUNITY:

VISION:

As part of The Food Co-op’s cooperative spirit, it is our mission to support our community in a variety of ways.
One way is our commitment to sharing our prosperity to increase the positive impact we have on our community.

We have been discussing ways in which we might leverage the funds generated by our Cooperative Community Fund to grow our local food system and its impact. The Cooperative Community Fund is an endowment fund established by a group of cooperatives to support other cooperatives and to enable community giving. The Fund lends the pooled money to cooperatives. Each year, the interest generated by an individual co-op’s fund—we call ours the GROW Fund—can be donated to nonprofits and cooperatives in their community as cash grants.

The GROW Fund:

Using the interest generated by our participation in the Cooperative Community Fund, The Food Co-op will offer small grants to qualifying, local nonprofits to help them grow a healthy community. The interest this year is only $855, but that amount should increase every year. Each year The Food Co-op will contribute to our GROW Fund any with uncashed member patronage dividends. We will add any patronage dividends The Food Co-op receives as members of other cooperatives (like National Co+op of Grocers (NCG). We will add up to $5,000 per year as determined by the general manager. Co-op member-owners can also make donations to the fund at any time.

We plan to focus our grant giving to local Jefferson County nonprofits and co-ops that fit within our four pillars of community sharing:

  • Improving food access
  • Sustainable agriculture (both land and sea stewardship)
  • Healthy kids, families and animals
  • Supporting the cooperative model

Each year early in July, we will announce the new cycle, giving nonprofits and cooperatives four weeks to
complete a simple grant application to be submitted by August 31st. In mid-September, we will convene a
team of five, comprised of the following:

  • A co-op staff person who is also a local cultivator
  • A co-op board member who is also on the C3 (Cooperative Connections Committee) committee
  • The general manager
  • The marketing manager
  • A member at large

The team will meet to review the applications and make a decision based upon criteria (to be developed in the first year). Decisions will be made by a 4/5 vote of the team and announced in October.

The fine print: As this is our first year, we will continue to adjust the system to reflect challenges discovered along the way….

APPLICATION PERIOD: August 1–31st.

If you are a non-profit or a co-op in Jefferson County and interested in applying for our GROW FUND, please fill out an application at: http://bit.ly/GROWFUND
Applications available August 1–31st
2018 Amount to be granted, $855

Apply Now

»