Assisi Foundation grants $500,000 to OPC
MEMPHIS, Tennessee (May 14, 2012)―The Assisi Foundation has announced the award of a $500,000 grant to Overton Park Conservancy. The funding will be used for cultural and educational programs, activities and signature events designed to attract the entire family, support of Overton Park operations and capital improvements.
“As a nonprofit organization, Overton Park Conservancy is tasked with raising funds to cover the park’s operations and capital needs,” said Tina Sullivan, executive director. “This generous gift by the Assisi Foundation is a vote of confidence in the Conservancy, and adds to our financial strength.”
The Assisi Foundation awards grants to nonprofit organizations serving the Mid South, primarily in areas of health care, education, literacy, community enhancement, and civic and cultural programs.
The Memphis City Council approved an agreement with the Conservancy in December 2011, transferring management of the public park areas and Old Forest State Natural Area to the nonprofit organization.
“We still must raise about $1.1 million in the coming months to meet the park’s needs for the initial five years,” said Sullivan. “The conservancy has received an impressive number of new memberships, and individual donations and public contributions are growing steadily.”
Several capital projects are underway and scheduled for completion this summer, including an off-leash dog park, restrooms, and playground improvements.
Press Contact
Deanie Parker
Overton Park Conservancy
(901) 412.8720