Foundation fund

Quantum in the community plans to invest $1 million in seed funding

Quantum Foundation is once again calling on local nonprofits to apply for its 12th annual Quantum in the Community (QIC) program. Each year, the program awards grants to nonprofit organizations that help support food, housing, transportation, clothing, and financial assistance to improve quality health in Palm Beach County. In 2021, QIC awarded $1 million in unrestricted funding to local organizations that have been hard hit by the setbacks of COVID-19 and, to date, has awarded a total of $8.5 million in the as part of this targeted initiative.

Photo credit: Tracey Benson Photography

Quantum Foundation’s mission is to inspire and fund initiatives that improve the health of residents of Palm Beach County. The Quantum Foundation is a health foundation that was created from $135 million from the sale of JFK Medical Center. Now in its third decade of community investment, the foundation has assets of approximately $175 million. Since its inception, the Quantum Foundation has awarded $160 million to hundreds of Palm Beach County nonprofit grantees. Every dollar the foundation gives stays in the county to benefit local communities.

“It is a privilege to reinforce the good work that goes to help the underserved residents of Palm Beach County,” said Eric Kelly, president of Quantum Foundation. “We are coming at another unique time when organizations and individuals are feeling the brunt of rising rent, food, and gas costs as well as global inflation. Our goal is to help these local organizations to meet the continuing and growing basic needs of our communities in order to maintain and improve the quality of health.

A committee comprised of foundation staff and board members will carefully review each application. Strict criteria are in place for nonprofit organizations that apply. Organizations must be registered as 501(c)(3), have worked in Palm Beach County for at least six months, and have an annual operating budget no greater than $500,000.

Additionally, Quantum Foundation will be accepting nominations for the Marie Thorpe Above & Beyond Award, also in its third year, in memory of staff member Marie Thorpe, who served the foundation for 22 years. Recognition will be given to an individual, everyday hero who exemplifies incredible service and sacrifice to better Palm Beach County. At the annual QIC Breakfast Celebration on November 10, an award of $2,500 will be presented to an individual for selfless service that goes beyond the call of duty, and $2,500 will be donated to their organization nominative, who can be a past or current beneficiary of the QIC. .

This year’s CIQ committee is co-chaired by board members Ethel Isaacs Williams and Dr. Gerald O’Connor. All nominations must be submitted using the foundation’s online system by July 29, 2022, and recipients will be announced during the third week of October.

To apply, please visit the Quantum Foundation website at www.quantumfnd.org. For more information, please email [email protected]



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