Lowe's grants $2.4 million for education improvement
February 15, 2013
Lowe's Charitable and Educational Foundation recently announced more than $2.4 million in grants to support the American school system. Through this round of funding, the home improvement company's Toolbox for Education program made grants to schools in 46 states, enabling them to fulfill projects that enhance students' experiences.
This is part of a larger initiative of Lowe's, which has been providing community support and financial assistance since 1957. It is also involved in Habitat for Humanity projects, Rebuilding Together work and American Red Cross efforts.
"Lowe's is committed to enhancing the educational experience and improving schools for students across the country through the Lowe's Toolbox for Education program," said chairman of Charitable and Educational Foundation Marshall Croom. "With community support and the hands-on help of local Lowe's Heroes employee volunteers, these funds will go a long way to improve the future for thousands of children."
Some of the grant recipients plan to build outdoor learning environments, renovate libraries, improve safety, invest in new technology and forge walking paths.
Foundations and organizations that provide annual funding might benefit from nonprofit accounting software, which can help board members audit funds and make sure the correct amounts are being distributed to various programs each year.