The mission of the Bloomingfoods Cooperative Community Fund is to support non-profits in our community in nurturing an inclusive culture of cooperation, environmental sustainability, and food accessibility.
What is the BCCF?
The Bloomington Cooperative Community Fund (BCCF) is an endowment project. More than 40 food coops around the country have also established individual endowments. Collectively, these co-ops contribute to the Twin Pines Cooperative Foundation, a cooperative investment fund run out of Davis, California, by world-renowned cooperator David Thompson.
How Does It Work?
Funds raised for the BCCF are integrated into the overall Twin Pines Cooperative Foundation (TPCF) and become a part of the foundation’s permanent funding. TPCF then invests this principle in cooperative projects all across the United States. In exchange for participation, Bloomingfoods receives annual investment income from the TPCF. Bloomingfoods has decided to give an annual gift of $1000 to a local nonprofit organization.
A Board-advised committee will select the recipient organization. The BCCF committee consists of at least two owner-members and two staff members, plus one Board member serving in an advisory capacity. Each year’s recipient organization will be announced at the Bloomingfoods Annual Meeting which typically takes place in October. The recipient organization will be required to present a report of the work they have done at the next Annual Meeting.
Who Can Apply?
Registered 501(c)(3) non-profit organizations located in Monroe County are eligible to apply if their proposed project aligns with the current year’s theme. The theme for the 2019-2020 application year is “creating and nurturing community”.
The application period for the 2019 award is now closed. The winning recipient will be announced at the 2019 Annual Meeting and will be expected to provide a report at the 2020 Annual Meeting.