County moves closer to historic CBO Trust Fund

Getting your Trinity Audio player ready...

The Miami-Dade County Commission on Sept. 3 took a major vote to move closer to establishing the Community-Based Organization (CBO) Trust Fund, bringing the county just one vote away from creating a historic, permanent funding source that will sustain nonprofits and community-based organizations for generations.

The Trust Fund, championed by vice chair Kionne L. McGhee, will ensure that the invaluable work of CBOs — providing critical human and social services — remains sustainable into the future. By setting aside a small percentage of eligible county purchases, the Trust Fund creates a reliable stream of support for the organizations that form the backbone of our neighborhoods.

Amanda Altman, CEO of Kristi House, praised the new Trust Fund, saying, “This trust fund represents a model for the future. Nonprofits and community-based organizations are often called to do the most with the least. With this dedicated resource, we can continue protecting, healing, and empowering the most vulnerable in our community — not just today, but for decades to come.”

McGhee emphasized the urgency and responsibility of this effort.

“Every single day, our CBOs and nonprofits are on the frontlines — fighting poverty, lifting families, and saving lives. Too often, their hard work and resources are stretched thin,” he said. “With this trust fund, we are saying loud and clear ‘your work matters, and we will preserve it.’ This is about honoring their sacrifice, safeguarding their mission, and ensuring that the people of Miami-Dade are never left behind.”

This ordinance mirrors the county’s legacy of creating trust funds to address critical needs — such as the Affordable Housing Trust Fund — and positions Miami-Dade as a national leader in sustainable nonprofit funding models.

The Miami-Dade CBO Trust Fund is more than policy. It is a promise that the future of our communities will be built on the shoulders of those who dedicate their lives to service, and that their work will endure in perpetuity.

 

 

ABOUT US:

For more Miami community news, look no further than Miami Community Newspapers. This Miami online group of newspapers covers a variety of topics about the local community and beyond. Miami’s Community Newspapers offers daily news, online resources, podcasts and other multimedia content to keep readers informed. With topics ranging from local news to community events, Miami’s Community Newspapers is the ideal source for staying up to date with the latest news and happenings in the area.

This family-owned media company publishes more than a dozen neighborhood publications, magazines, special sections on their websites, newsletters, as well as distributing them in print throughout Miami Dade County from Aventura, Sunny Isles Beach, Miami Beach, Coral Gables, Brickell, Coconut Grove, Pinecrest, South Miami, Kendall, Palmetto Bay, Cutler Bay and Homestead. Each online publication and print editions provide comprehensive coverage of local news, events, business updates, lifestyle features, and local initiatives within its respective community.

Additionally, the newspaper has exclusive Miami community podcasts, providing listeners with an in-depth look into Miami’s culture. Whether you’re looking for local Miami news, or podcasts, Miami’s Community Newspapers has you covered. For more information, be sure to check out: https://communitynewspapers.com.

If you have any questions, feel free to email Michael@communitynewspapers.com or Grant@communitynewspapers.com.


Connect To Your Customers & Grow Your Business

Click Here