The Kerr County United Way will close down their office and cease operations at the end of August.
They cited financial challenges that have been made worse by the Covid pandemic and inflation in the economy in recent years.
All remaining funds will be held in an account with the Community Foundation of the Texas Hill Country.
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MVYouth, a newly formed Vineyard philanthropy group with a mission to support Island youth, will pledge $4 million over the next four years to a diverse set of youth causes.