Raleigh, N.C. – June 15, 2023 – The CAPTRUST Community Foundation (CCF), an employee-run 501(c)(3), today announced Mothers and Their Children (MATCH) as its 2023 Charity of Choice and recipient of a $100,000 grant. Additionally, five nonprofits were selected to receive CCF national grants of $25,000 each.
Based in Raleigh, North Carolina, MATCH’s mission is to address the needs of children of incarcerated mothers. The organization will deploy the grant to cover travel costs for family visits, as well as to outfit an onsite children’s center within the North Carolina Correctional Institution for Women (NCCIW) in Raleigh, North Carolina. The center will provide a homelike space where children can spend time with their mothers. MATCH also facilitates parenting education and special events for participating families.
“The CAPTRUST Community Foundation’s grant allows us to provide consistency for the MATCH children to spend quality time with their mothers,” said Stephanie Dixon, MATCH’s executive director. “Because of CAPTRUST, our MATCH children will have a fully decorated children’s center—complete with an indoor playground, arts and crafts, and educational resources—that will insulate them in their mother’s arms away from the harshness of the prison.”
“MATCH is providing niche services to our communities’ most vulnerable children,” said Veronica Karas, co-president of the CCF and CAPTRUST financial advisor. “We are thrilled to select an organization that directly aligns with the CAPTRUST Community Foundation’s mission to enrich the lives of children.”
In addition to MATCH, the CCF selected these five nonprofits to receive national grants of $25,000:
- A Touch of Understanding encourages awareness, acceptance, and respect for individuals with disabilities in the Sacramento, California area.
- Haven House Services benefits youth experiencing homelessness through intentional programing across Raleigh, North Carolina.
- The Children’s Place is a specialized trauma treatment center in Kansas City, Missouri, focusing on the mental health needs of young children.
- Oakland County Foster Closet supports foster children and at-risk youth by providing clothing, shoes, and hygiene items.
- Catie’s Closet allows children pre-K through 12th grade in Massachusetts, Rhode Island, and New York the opportunity to shop, free of charge, for clothing and other essentials inside their school.
Founded in 2007, the CCF’s mission is to enrich the lives of children in communities we serve. Since its inception, the foundation has awarded over $5.191 million in grants to charitable organizations across the country that help children. The CCF’s main source of fundraising is through voluntary employee payroll deductions that are matched by CAPTRUST.
“As a foundation, we are grateful that we can fund multiple worthy organizations across the country through funding and volunteer opportunities,” said Bryan Lewis, CCF co-president and account manager of advice and wellness at CAPTRUST. “As CAPTRUST continues to grow, we hope to enrich even more children’s lives in our communities.”
About the CAPTRUST Community Foundation
The CAPTRUST Community Foundation was organized in 2007 to provide CAPTRUST employees with opportunities to participate as a group in community outreach efforts. The foundation is a registered 501(c)(3) charity and is eligible to receive tax-deductible contributions. If you would like to donate or learn more about the CAPTRUST Community Foundation, please call 855.649.0943.
CAPTRUST was founded in 1997 and registered CapFinancial Partners, LLC, as an independent registered investment advisor in 2003 in Raleigh, North Carolina. The firm provides investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families. The firm also offers a comprehensive suite of services for ultra-high-net-worth individuals to simplify their financial lives, mitigate risk, and perpetuate their legacies. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, plan design, provider analysis and fee benchmarking, and employee advice programs. With more than 1,300 employees across 75 locations nationwide, CAPTRUST oversees more than $714 billion in assets, including just over $598 billion in nondiscretionary assets under advisement and just under $116 billion in discretionary managed account assets (as of December 31, 2022).