NEW YORK STATE – The Chobani Foundation announced Tuesday the creation of its Community Impact Fund––a $100,000 annual fund to support grant making promoting economic opportunity and entrepreneurship for residents of Chenango, Delaware, Madison, and Otsego counties.

"This annual $100,000 investment aims to support organizations, schools, municipalities, and agencies that think innovatively, act boldly, and are passionate about making a difference in their communities," a media release from Chobani said. "With this initiative, the Chobani Foundation has a simple goal: to strengthen local economies by funding big ideas right at home."

The company also said the Chobani Foundation intends to fund programs that teach young entrepreneurs, empower small business owners, and provide resource development for farmers.