This story first appeared in the April 18, 2025 edition of Palm Beach Society Magazine.
The Community Foundation for Palm Beach and Martin Counties has long connected passionate donors with the nonprofit organizations and students who need them most. But as economic uncertainty rises, so does the demand for financial assistance. This year, that demand has reached an all-time high.
In 2024, the Community Foundation awarded more than $5 million in competitive grants to support critical needs. However, demand continues to outpace available funding. This year, nonprofits requested over $13.5 million in essential support, leaving an $8 million shortfall that could put vital programs at risk.
The same challenge applies to scholarships. With 850 applicants and only 120 awards available, the Community Foundation faces a $7 million funding gap, leaving hundreds of promising students without the financial support they need to pursue their education.
“Our region has always been bolstered by generosity,” said Jeff Stoops, chair of the Community Foundation’s board of directors. “Now, more than ever, we need donors to help us bridge the gaps — whether by funding a nonprofit initiative or making a lasting impact on a student’s life through scholarship support.”
A Million-Dollar Commitment to Education
Fortunately, dedicated donors like Jorge A. Sanchez and Serina Bradley Martin Sanchez are stepping up to make a difference. The Palm Beach couple recently gifted $1 million to the foundation’s Cuban Scholarship Fund, continuing their legacy of supporting students of Cuban descent at Cardinal Newman High School in West Palm Beach and Cardinal Mooney Catholic High School in Sarasota.
“Education, rooted in strong values, is the cornerstone of success,” said Jorge Sanchez, a former Community Foundation board member. “We are honored to help propel students toward opportunities they might never have imagined.”
A Time to Give: How You Can Help
As the foundation works to close the funding gap, it is calling on community members to step forward and give where they live.
“Whether your passion is education, mental health, children’s literacy, or any cause strengthening our community, your contribution can change lives today and for generations to come,” said Danita R. DeHaney, president and CEO of the Community Foundation. “Together, we can turn today’s challenges into tomorrow’s opportunities.”
For more information or to donate, visit yourcommunityfoundation.org/give-now, email info@cfpbmc.org, or call 561-659-6800.
