Community Foundation of Noble County receives $750,000 matching grant!
Community Foundation of Noble County receives $750,000 matching grant!
The Community Foundation of Noble County has received a matching fund grant totaling $750,000 as part of the eighth phase of Lilly Endowment Inc.’s initiative, Giving Indiana Funds for Tomorrow (GIFT VIII).
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 million based on the population of the counties they serve.
Qualifying matching funds raised to support the community foundation’s unrestricted endowment will be eligible for a $2(grantor)-to-$1(grantee) match from the Endowment while qualifying matching funds raised for community projects and programs or capacity-building activities will be eligible for a $1(grantor)-to-$1(grantee) match.
“As Executive Director of the Community Foundation of Noble County, I am deeply grateful for the transformative impact of philanthropy, especially with the generous match provided by Lilly Endowment Inc. This partnership exemplifies the profound difference we can make when we join forces to support our community’s greatest needs and aspirations. Together, we are not only multiplying the resources available but also multiplying the positive outcomes for Noble County and its residents,” Margarita White.
At the Community Foundation of Noble County, we are passionate about making Noble County an even better place to call home. Since 1991, area residents have been turning to the Community Foundation of Noble County to make their philanthropic giving as effective as possible, as we see it as our mission to serve as a catalyst for positive change. The Community Foundation of Noble County is a public charity 501 (c) 3 entity.
As a group of invested community members, we identify local current and emerging issues and stimulate resources to address those needs, helping our region prepare for the future. We then leverage gifts and bequests from generous donors like you to drive positive change through grants in such areas as arts and culture, education, health and human services, civic affairs, and other charitable areas of interest.
Lilly Endowment Inc. is an Indianapolis-based private 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. Although the gifts of stock remain a financial bedrock of the Endowment, it 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.
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