SPOKANE — A gift from the Marshall Chesrown family to a Spokane-based foundation will make some North Idaho dreams come true.
Mark Hurtubise, president and CEO of Foundation Northwest, said Thursday that the undisclosed gift will have a strong regional impact.
“The Chesrown Family Foundation will assist us in supporting the community building efforts of nonprofit organizations in Spokane and Coeur d’Alene,” Hurtubise said in a press release.
The Chesrown Family Foundation will give preference to nonprofit organizations that provide services in the following areas:
1. education and leadership development for children up to age 12
2. animal welfare, education and rescue
3. broad-based community involvement
4. neighborhood improvement
Organizations interested in submitting grant requests to the Chesrown Family Foundation Fund should contact Foundation Northwest for grant guidelines at www.foundationnw.org, (509) 624-2606 or toll free at (888) 267-5606.
Chesrown built and eventually sold successful car dealerships in Colorado before returning to the Inland Northwest. He’s developed the upscale Black Rock community and golf course on Lake Coeur d’Alene and is working on new projects that combine residential and commercial real estate.
Chesrown said he’s eager to share his success with those who could use some help.
“I have done well in business because of a strong commitment and focus,” he said in a release.
“The Chesrown Family Foundation will help others realize their vision and financially assist organizations in making a positive difference in their communities. We chose Foundation Northwest to administer the Chesrown Family Foundation because of their stability and professional staff who will perform all the necessary research about the organizations that apply for funding. It makes giving so much easier.”
Founded in 1974, Foundation Northwest’s mission is to foster vibrant and sustainable communities in the Inland Northwest. It has an endowment of approximately $41 million and has distributed more than $27 million in grants and scholarships throughout the region since its inception.
Hurtubise said that last year, $3.2 million in grants was distributed throughout a 20-county region in eastern Washington and North Idaho.
