National Philanthropic Trust, a public charity based in Montgomery County has awarded its millionth grant. The charity, which manages donor-advised funds, has distributed more than $44 billion to nonprofit organizations across the county and around the world since its 1996 founding, according to a press release.
National Philanthropic Trust’s latest grant, which put it over the one-million grant mark, was recently awarded to All Our Kin, a national nonprofit organization that trains, supports, and sustains family child care educators. All Our Kin’s mission is to transform the nation’s child care system by creating business opportunities for educators, delivering high-quality care for children, and building a strong educational foundation for future achievement, according to the release.
The organization provides programming to approximately 1,100 family child care educators in New York and Connecticut, reaching over 6,000 children. It has also provided training and technical assistance to 300 agencies and organizations in 34 states and Washington, D.C., which support 20,000 educators caring for over 100,000 children.
“The opportunity to make our one-millionth grant is a powerful moment to recognize both the extraordinary generosity of our donors and the essential work of nonprofit organizations like All Our Kin,” Holly Welch Stubbing, president and CEO of National Philanthropic Trust, said in a statement. “NPT is focused on serving as a trusted partner — helping donors achieve their philanthropic goals and strengthening the nonprofit organizations that serve communities across the US and the world every day.”
National Philanthropic Trust has its headquarters in Cheltenham Township, Montgomery County. Since its founding, the organization has raised more than $80.2 billion in charitable contributions from individuals, families, and corporations nationwide. National Philanthropic Trust donors recommend grants ranging from $1,000 to multi-million-dollar gifts, which support a broad range of needs including arts and culture, education, the environment, health, human services, international aid, religion, and public and societal benefit.