- Associated Press - Wednesday, October 5, 2016

OKLAHOMA CITY (AP) - The Oklahoma City Community Foundation plans to distribute more than $8 million in endowments to nearly 360 nonprofit organizations.

Beneficiaries of the endowment include a wide range of charitable organizations that serve the Oklahoma City area. Nancy Anthony, president of the foundation, says the program is instrumental to the stability of many nonprofits, especially in an uncertain economy.

Areas covered by the endowments include education, health, community development, senior adult services, the environment, animal welfare, history and preservation, neighborhood associations, religious organizations, social services, arts and culture and youth-serving organizations.

The foundation says that as of June 30, the total market value of funds administered by the foundation was $167 million.

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