Capital City Bank Group Awards “Tipping Points” Grant
PALTKA, Fla., March 24, 2014 – The Capital City Bank Group (CCBG) Foundation has awarded a Tipping Points grant in the amount of $25,000 to the Rodeheaver Boys Ranch. The grant will help fund a project to replace the Ranch’s outdated water heating system with more efficient and cost effective tankless models. The upgrade is projected to reduce monthly utility expenses by 20 to 30 percent, freeing up funds for use where they can directly benefit the Ranch’s residents and enhance their quality of life.
Since 1950, Rodeheaver Boys Ranch has been providing full-time shelter and support for young men left on their own by parental death, desertion, divorce, disability or dysfunctional home situation. The social, educational and vocational training the boys receive while living at the Ranch provides valuable resources to help them achieve their full potential.
“At Capital City Bank, we are committed to enhancing our communities by serving the needs of its citizens,” said Greg Walker, Capital City Bank president of Putnam and St. Johns counties. “The folks at Rodeheaver Boys Ranch do incredible work with young men who have faced so much adversity so early in life. The service they provide both to the boys they look after and the community, overall, is nothing short of extraordinary. We are proud to support so worthy a cause.”
A provision of the Tipping Points grant is that matching dollars are required – whether through federal or state grants or community donations – that are at least equal to the Tipping Points funds requested. The Ranch plans to use those funds to purchase and install a new phone system.
Established in 2007, the Capital City Bank Group Foundation Tipping Points grant program awards one $50,000 gift or two $25,000 gifts annually to organizations whose projects will make a significant difference in the communities that Capital City Bank serves. These one-time gifts, presented in addition to the $150,000 awarded during the Foundation’s annual grant cycle, are intended to provide the boost an organization needs to get off the ground or close the gap on what seems like an unattainable goal.