Freddie Mac Foundation Announces $12 Million in Grants

The Freddie Mac Foundation, in McLean, Virginia, has announced nearly $12 million in grants for programs that help children and families in Washington, D.C., and nationwide.

The foundation approved two hundred grants during the second half of 2003 and, for the year, awarded 322 grants totaling nearly $25 million. The third- and fourth-quarter D.C.-area grants included $550,000 to the Boys and Girls Clubs of Greater Washington; $100,000 to Bright Beginnings, an organization that provides homeless infants, toddlers, and preschoolers with a safe, nurturing environment that prepares them for kindergarten; and $35,000 to provide a confidential and comprehensive transitional housing program for abused women.

"Contributing to the well-being and growth of our community's children and families by supporting organizations that make a difference in children's lives is the foundation's focus," said foundation president and CEO Maxine B. Baker. "During 2003, we remained committed to creating brighter futures for children in our community, and we look forward to continuing our work in the year ahead."

"Foundation Grants Nearly $12 Million to Programs That Improve Lives of Local and National Children" Freddie Mac Foundation Press Release 02/27/2004.