In 2016, after 3 public calls for applications, an Interim Board of Trustees was appointed with a specific mandate to develop a process to invest the Economic Development Trust community investment funds.
The Interim Trust was compromised of Jill Hill, Amy Lickers, Dr. Sabrina Saunders, and Claudine VanEvery-Albert. The Interim Trust began work in March 2016 and had approximately 8 weeks to complete its mandate.
The first ever, EDT application was released on June 6, 2016 with a deadline of July 5, 2016. In the inaugural year, the EDT received 46 applications with a total request of over $8.8 million. A total of 31 applications were approved with a total community investment of $3,537,257.95. To view the inaugural year 2016 recipients, click here.
This model of community investment was a direct result of the Tewawennaro:roks “We Gather Our Voices” community engagement project which gathered insight from the community regarding the creation of the Development Corporation.