$1 MILLION MATCH OFFERED THROUGH COMMUNITY FOUNDATION OF HOWARD COUNTY

Funds from Lilly Endowment Inc. support Indiana community foundations

Oct. 7, 2014 — The Community Foundation of Howard County 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 Lilly Endowment Inc.  The Endowment designed the match incentive to be more favorable to unrestricted funds so community foundations could improve the quality of life in their communities – through economic development, education, health, human services, environment, and arts and culture.  Howard County qualifies for a match of up to $1 million 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 Hilda Burns, president of the Community Foundation of Howard County.  “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 YMCA and Humane Society’s capital campaigns, early childhood education and preschool tuition, and Family Service Association’s housing for homeless veterans. 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 Community Foundation of Howard County, Inc. was formed as a not-for-profit public charity in March 1991. The Foundation seeks to serve donors and make grants to benefit the citizens of Howard County. For more information about the Community Foundation, contact Hilda Burns at 765-454-7298 or hilda@cfhoward.org. The Web site cfhoward.org contains information about making gifts to endowment funds, scholarships and grantmaking.