GRANVILLE — The Granville Community Foundation is $100,000 closer to its $1 million fundraising goal thanks to a donation from Telescope Casual Furniture.
The furniture company donated the funds to the charitable foundation in celebration of its centennial year.
“We have always believed it is very important that the company be a very good citizen of the community we live in,” Kathy Juckett, Telescope CEO, said in a statement. “This foundation is the perfect way for us to be able to promote our community and to ensure that the future of Granville will be supported as well.”
The Granville Community Foundation was launched last year by high school sweethearts Michael and Paula Freed, who grew up in the rural town and wanted to give back. The Freeds now live in Michigan.
Money raised by the organization will help fund community development projects, including those pertaining to education, health and social needs, art and culture and environmental issues.
The Freeds pledged $250,000 of their own money to start the foundation, a subsidiary of the Glens Falls Foundation. The couple also set a $1 million fundraiser goal by the end of 2021, and vowed to match 50% of any donation contributed up to $250,000.
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Following the donation, less than $200,000 needs to be raised to meet the Freeds’ goal. Funds will start being distributed next year.
“Telescope has given so much to Granville over the past 100 years. We’re very grateful for this latest example of their ongoing generosity and certainly motivated by their willingness to invest in the future of Granville,” Michael Freed said in a statement.
Juckett also challenged Granville-area businesses to contribute to the foundation and said Telescope will continue to give back to the town in the years ahead.
“Telescope has enjoyed being in Granville for the past 100 years, and this donation represents our plan to invest in its future,” she said.
For more information on the Granville Community Foundation, visit: glensfallfoundation.org/granville.
Chad Arnold is a reporter for The Post-Star covering the city of Glens Falls and the town and village of Lake George and Washington County government. Follow him on Twitter @ChadGArnold.