The Philip N. Daly, Sr. and Frances K. Daly Trust is proud to announce new grants of $948,260.31, with over $500,000 granted to more than 25 nonprofit Danville area community agencies. The Daly Trust was formed in 2009 and has returned more than $7.7 million in grants to nonprofit organizations in Virginia and North Carolina.
The Trust was established through the estate of Philip N. Daly, Sr. and Frances K. Daly as a way to continue the family’s legacy of giving back to the Danville community.
The Trust allows for each Trustee to direct a portion of the money on their own to charities locally and in the North Carolina area, including Raleigh, Chapel Hill, Greensboro and Winston-Salem, as well as Lynchburg, Virginia.
The Daly Trust contracts with The Community Foundation of the Dan River Region for oversight with its Danville-area grant making. The process invites annual grant applications from a preapproved list of Danville area community agencies.
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