[City, State] – [Date] – The New College Institute (NCI) today announced the establishment of a new philanthropic foundation, the [Foundation Name], dedicated to supporting innovative and impactful initiatives across various fields. This groundbreaking move signifies NCI’s commitment to fostering positive change within the community and beyond.
The [Foundation Name] will focus on funding projects that align with NCI’s core values of [mention NCI’s core values, e.g., education, research, social justice, community development]. It will provide grants to organizations and individuals working on projects that address pressing societal challenges, promote equitable access to opportunities, and foster a more sustainable future.
“[Quote from NCI leadership expressing excitement and outlining the foundation’s goals, highlighting its potential for impact],” said [Name and Title of NCI Leader].
The foundation will be governed by a board of directors composed of experienced professionals and philanthropists committed to NCI’s mission. It will leverage its resources to identify and support projects with high potential for impact, leveraging the expertise and networks of NCI and its partners.
The launch of the [Foundation Name] marks a significant step forward in NCI’s efforts to create a more just and equitable world. Through strategic philanthropy and collaboration, the foundation aims to empower individuals and organizations to drive positive change across various sectors, ultimately contributing to a brighter future for all.
Individuals and organizations interested in learning more about the [Foundation Name] and its grantmaking process can visit [Website address] or contact [Email address or phone number].
