The Chautauqua Region Community Foundation is now accepting grant requests for the Karl Peterson and Lynn Foundation Funds.
Electronic and paper applications can be found at www.chautauquagrants.org. Applications will be accepted until March 1. Organizations interested in applying must be located in Chautauqua County, with preference given to Southern Chautauqua County organizations. Applicants should also know amounts awarded fall between $1,000 and $2,000. Only one application is necessary since all applications will be reviewed by the Karl Peterson Grant Committee and Lynn Family Foundation Grant Committee.
Originally established in 1952 as the Crescent Foundation, named after the Crescent Tool Company, family trustees renamed the fund after the company's founder, Karl Peterson, in 1961. A self-made man and avid inventor, Peterson founded the Crescent Tool Company in 1902 and incorporated it five years later.
In 1992, after 40 years of providing financial assistance to religious and non-religious nonprofit organizations as a separate entity, the Karl Peterson Fund became a permanent part of the Community Foundation.
In 2006, Gary, Charles, Christopher and Scott Lynn approached the Community Foundation to establish a fund that would help religious and non-religious charitable activities throughout the Chautauqua region continue their mission. Jason Lynn, his wife Billie and their sister Tiffany have also aided in making the Lynn Family Foundation Fund as successful as it is today.
In 2012, the Community Foundation awarded more than $30,000 through the Karl Peterson and Lynn Family Foundation Funds to Infinity Visual and Performing Arts, Falconer United Methodist Church, IMPACT Club, The Relief Zone, Inc., Roger Tory Peterson Institute, YMCA and many more.
For more information on grant applications, contact the Community Foundation staff at 661-3390 or visit www.chautauquagrants.org.