Z. Smith Reynolds Foundation to Support Green Plus

The Z. Smith Reynolds Foundation has made its first General Operating grant in support of the Institute for Sustainable Development’s Green Plus program.
“Support from the Z. Smith Reynolds Foundation will help Green Plus help businesses in economically challenged North Carolina communities strengthen both their bottom lines and their local environments,” said Chris Carmody, Executive Director of the Institute for Sustainable Development.
The Institute has partnered with foundations, government, and economic development agencies including the North Carolina Rural Economic Development Center help smaller enterprises and their communities benefit economically and environmentally from triple bottom line sustainability practices.
In addition to bringing Green Plus to new North Carolina communities, the Institute will work with the Z. Smith Reynolds Foundation to assess itself and its grantees with the Green Plus process. About 15% of Green Plus Certified organizations are non-profits, and the Durham, NC-based Triangle Community Foundation was the first philanthropic foundation to earn full Green Plus Certification.
About the Z. Smith Reynolds Foundation
The Z. Smith Reynolds Foundation was established in 1936 as a memorial to the youngest son of the founder of R.J. Reynolds Tobacco Company. In that year the brother and two sisters of Z. Smith Reynolds – R.J. Reynolds, Jr., Mary Reynolds Babcock, and Nancy Susan Reynolds Bagley – provided that their inheritance from his estate would go to the establishment of a trust for “charitable works in the State of North Carolina.” One of the initial trustees of the Foundation was Z. Smith Reynolds’ uncle, William Neal Reynolds, who at his death in 1951 created a trust that now provides a portion of the Foundation’s annual income.
In its history, the Foundation, as the beneficiary of the income from the Zachary Smith Reynolds Trust and the W. N. Reynolds Trust, has made grants to organizations in all of North Carolina’s 100 counties.
In May of 1989, the Foundation’s Board of Trustees established a sabbatical program to reward individual leaders in nonprofit organizations who have made exceptional commitments of time, talent, and energy to their positions. In May of 2010, the Board of Trustees established a Non-Profit Internship Program to expand the opportunity for low-income college students to gain exposure to and experience in the non-profit sector. Through this program, up to 20 students will be awarded paid summer internships at ZSR-grantee organizations each summer.
The Institute for Sustainable Development / Green Plus
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