Washington, DC — According to state and local economic development sources Morris and Gwendolyn Cafritz Foundation plans to invest $1,303,700.00 to build out new space in Washington. The company plans to occupy the new space at 1825 K St NW in Washington, on or about January 1, 2021. According to the company website The Morris and Gwendolyn Cafritz Foundation is the largest private, independent, local foundation focused exclusively on the Washington, D.C. metropolitan area. Since 1970, when electronic record keeping was initiated, awards totaling more than $507 million have been granted. In the last 10 years, $194 million has been awarded to more than 985 organizations in the areas of Community Services, Arts and Humanities, Education, Health and the Environment. Since Mr. Cafritz’s leadership began, the Foundation has awarded more than $454 million to 10,433 projects.

To learn more about Morris and Gwendolyn Cafritz Foundation, visit http://www.cafritzfoundation.org/

Company Contact:
Calvin Cafritz, Chief Executive Officer
ccafritz@cafritzfoundation.org
202-223-3100

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