$500,000 MATCH OFFERED THROUGH THE CLINTON COUNTY COMMUNITY FOUNDATION
Funds from Lilly Endowment Inc. support Indiana community foundations
Oct. 7, 2014 -- The Clinton County Community Foundation has announced an opportunity for donors to participate in a matching gift initiative that is designed to build endowment assets and increase grantmaking capabilities in the community. Donations to unrestricted funds will be matched $1 for $1. Donations to the Community Foundation’s other types of funds will be matched $1 for every $2 given.
The match funding is offered to the Foundation through the Giving Indiana Funds for Tomorrow (GIFT) VI program. An initiative of the Lilly Endowment Inc, it is designed to be more favorable to giving to unrestricted funds so community foundations can improve the quality of life in their communities – through economic development, education, health, human services, environment, and arts and culture. Clinton County qualifies for a match of up to $500,000 and the initiative runs through March 31, 2016.
“This match has given donors a philanthropic opportunity to serve the community now and for generations to come,” said John Shoup, chairman of the Clinton County Community Foundation Services Committee. “Grants awarded through our unrestricted funds meet current needs and support nonprofit work that has long-lasting impact. Recent grants from our unrestricted funds include support to the Clinton County Family YMCA, Ivy Tech Community College Frankfort Campus and Frankfort Community Public Library. We have the potential to increase funds available for grants and support more programs through the match.”
Gifts through charitable gift annuities and charitable remainder trusts also qualify during the match period. These types of gifts make it possible to receive an income during the donor’s lifetime or for a number of years and a portion of the gift qualifies for the GIFT VI matching funds. If you would like to know more about how these gift plans can help you secure your personal financial goals and make a gift with greater impact, contact us. All inquiries are confidential.
The Clinton County Community Foundation is a not-for-profit charitable organization created in 1996. The mission of the Foundation is to improve the quality of life of the community through the accumulation and stewardship of enduring charitable gifts. For details about making a charitable gift or establishing a permanent endowment fund to benefit a charitable organization or interest in Clinton County, please contact the Community Foundation at (800) 964-0508 or visit the Web site at www.cfclinton.org
