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This article was published 14/1/2015 (2074 days ago), so information in it may no longer be current.

The Winnipeg Foundation announced today it gave out $22.9 million in grants last year.

"2014 was a record year for us in granting," foundation board chair Susan Millican said today at the announcement at the Good Neighbours Active Living Centre on Henderson Highway.

"That's the most we have ever granted."

Millican said the foundation also received another $23.7 million in gifts to the foundation's endowment funds thus year, as well as a rate of return on its investments of 16.23 per cent.

"That means even more grants and greater impact next year," she said.

The Winnipeg Foundation was created in 1921 by banker William Alloway and it was the country's first community foundation. It currently has $660 million in its endowment fund.

Kevin.rollason@freepress.mb.ca