Northern Indiana Community Foundation Meets $1.5 Million Matching Goal
NICF staff: Front row: Brian Johnson, Connie Cutler, Executive Director Jay Albright. Back row: Corinne Becknell Lucas, Jessica Mikel, Alison Heyde and Sarah Origer.
Rochester, Indiana - “I'm pleased to announce that all three NICF counties have now met their Lilly Endowment Inc. 2014 grant challenge", said Jay Albright, Executive Director of the Northern Indiana Community Foundation (NICF). "The 2014 challenge from Lilly Endowment created a remarkable opportunity to significantly increase the granting capacity in Fulton, Miami and Starke Counties. I'm beyond excited and proud of our boards, staff, and donors who joined with us to make it happen."
Lilly Endowment Inc.’s, Giving Indiana Funds for Tomorrow (GIFT) initiative allowed each county in the NICF to match $500,000 with at least half of those dollars designated for unrestricted Community Funds. Community Funds support community projects and programs, and help the Community Foundation board of directors and staff address changing needs in the community.
“It was a great opportunity to talk about local philanthropy and building an endowment for our future," said Albright. The three counties and their donors met the matching dollar challenge in March of this year.
In Starke and Miami counties, $250,000 of the match incentive was directed to unrestricted Community Funds and other types of funds were matched $1 for every $2 with matching dollars designated to each counties operating fund. “This increase in operating dollars makes us sustainable forever in Miami and Starke counties,” said Albright. Fulton County used the entire $500,000 incentive to build unrestricted community funds.
Thanks to donors and Lilly Endowment, NICF’s overall endowment will grow by nearly $2.3 million, due in part to the 2014 Lilly Endowment matching challenge.
Lilly Endowment launched the GIFT initiative 25 years ago to help Indiana communities build endowments to become self-reliance and better able to support local projects and programs, which improve the life in each county and community in Indiana.
There are 94 community foundations throughout Indiana that make grants to support local charitable organizations in all of Indiana’s 92 counties. Since 1990, the aggregate value of the assets of Indiana community foundations that have regularly participated in GIFT has increased from about $30 million to nearly $2 billion, and those community foundations have paid grants totaling more than $915 million.
The total amount the Lilly Endowment has provided over this time period for asset building grants has been approximately $258 million. Ace Yakey, Lilly Endowment’s vice president for community development stated in the announcement of the GIFT initiative, “These impressive results would not have been achieved without the imagination, generosity, commitment and leadership of thousands of donors, volunteers and foundation staff members throughout the state. We are amazed at the Hoosier philanthropic spirit.”
Miami County Community Foundation Awards First Grants of 2016: Two grants totaling $5,000 have been awarded in Miami County during this first year of the Community Foundation’s “no-deadline" approach to grantmaking.
A grant of $1,000 was presented to Ole Olsen's Children's Theatre Workshop (CTW) for William Shakespeare's "Taming of the Shrew" as part of CTW's "Shake it Up with Shakespeare".
Circus City Festival also received a grant of $2,500
to help paint the outside of the Circus City building on 7th street.
Read more about these grants and how to get a grant application
A grant of $4,000 was presented to the Fulton County Chamber of Commerce to upgrade software systems and technology tools to help the Chamber provide a more efficient, effective, and professional experience for their members and the public.
This is the first year that the FCCF has re-worked their granting procedure to be more responsive to the community by eliminating deadlines for many of their applications.
Read more about this grant and upcoming grant deadlines.
. A North Judson-San Pierre High School student has been named theStarke County Community Foundation 2016 Lilly Endowment Community Scholar.
Nicholas Sierzputowski will receive a four-year, full-tuition scholarship to an Indiana college of his choice and a $900 yearly stipend for required books and equipment.
Nicholas was selected for the prestigious Lilly Endowment Community Scholarship from a field of fifteen applicants by the Starke County Community Foundation Scholarship Committee.
Read more about the scholarship and Nic's accomplishments