The Family Y of Southeast Mississippi will receive a grant of $33,800 from the Greater PineBelt Community Foundation as a part of an annual disbursement established by the Alex Katrishin Endowment.
Theresa Erickson, executive director of the Greater PineBelt Community Foundation said that the type of endowment set up by Katrishin provides a permanent source of support for the nonprofit organization.
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”