Fund Set Up To Help Struggling Charities

With the economic downturn, charities are in dire need for donations and one organization is taking a step to help them out.

On Monday, the Bluegrass Community Foundation announced a plan to create an emergency needs fund for local charities that are cashed-strapped.

Lexington Mayor Jim Newberry was on hand to help announce the formation of the Bluegrass collaborative Assistance Relief Effort, or CARE.

Seed money for the fund has come from several area corporations and foundations.

Those involved in forming the CARE fund say it comes at a critical time when more and more people are finding themselves having to ask for help.

Organizations that exist to address the most basic needs of the community, like God's Pantry, will be the ones that benefit from this emergency needs fund.

Non-profit groups will need to apply to receive money from the CARE fund. Funding allocation decisions will be made early next year.

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