$750,000 Match Offered
Through the Clinton County Community Foundation. Funds from Lilly Endowment, Inc. support Indiana community foundations.
The Clinton County Community Foundation has received a matching fund grant totaling $750,000 as part of the eighth phase of Lilly Endowment’s initiative, Giving Indiana Funds for Tomorrow (GIFT VIII).
The Clinton County Community Foundation will use its matching fund grant to further develop its unrestricted assets. Unrestricted funds are not specific to any one cause and can be applied at the Foundation’s discretion so long as the project aligns with the mission of the Community Foundation. Qualifying matching funds raised to support the community foundation’s unrestricted endowment will be eligible for a $2(grantor)-to-$1(grantee) match from Lilly Endowment, Inc.
“GIFT VIII is a unique opportunity to build endowed funds that will serve the community now and across future generations,” said Todd Moser, President of the Clinton County Community Foundation. “Unrestricted community endowment funds provide the ability to empower our local nonprofits with the support and resources they need to thrive, and GIFT VIII gives us yet another opportunity to increase funds available to the needs of our community through grants.”
Through GIFT VIII, Lilly Endowment has awarded matching fund grants totaling $133.8 million to community foundations serving all 92 of Indiana’s counties. Eligible community foundations submitted proposals requesting grants ranging from $100,000 to $15,000,000 based on the population of the counties they serve.
In 2023, Lilly Endowment launched GIFT VIII to help community foundations strengthen the towns, cities, and counties they serve. Matching fund grants are one of several funding opportunities designed to help community foundations promote long-term viability; further strengthen their abilities to lead; encourage board engagement; and support and develop strategic efforts to enhance quality of life in their communities.
The Clinton County Community Foundation holds several unrestricted endowment funds to which donors can contribute, providing ample opportunity to successfully raise the first $375,000 that is required to receive the complete $750,000.
The total amount granted to the Community Foundation of Howard County, Inc. is $3 million. The Community Foundation of Howard County, Inc. represents Howard, Clinton, and Carroll Counties and the amounts per county are determined by population size.
Lilly Endowment Inc. is an Indianapolis-based, private philanthropic foundation created in 1937 by J.K. Lilly, Sr. and his sons, Eli and J.K. Jr., through gifts of stock in their pharmaceutical business, Eli Lilly and Company. While those gifts remain the financial bedrock of the Endowment, the Endowment is a separate entity from the company, with a distinct governing board, staff, and location. In keeping with the founders’ wishes, the Endowment supports the causes of community development, education, and religion. The Endowment funds significant programs throughout the United States, especially in the field of religion. However, it maintains a special commitment to its founders’ hometown, Indianapolis, and home state, Indiana.
The Clinton County Community Foundation is a not-for-profit charitable organization created in 1996. The mission of the Foundation is to connect people, resources and causes to produce a positive and sustainable change in the communities it serves. 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 website at www.cfclinton.org.