CICF News

CICF News / 2014 / June / News Post
June 3, 2014
Legacy Fund Addresses Community Wide Needs Via May Grants

Legacy Fund of Hamilton County, an affiliate of the Central Indiana Community Foundation, awarded a total of $162,400 in grants as approved by Legacy Fund’s Board of Directors at its May 12th, 2014 board of directors meeting.

The grant awards included $137,400 in grants made to 13 not-for-profits serving Hamilton County residents. The LINK Advisory Council, a youth-based philanthropic council created by Legacy Fund, also awarded $10,000 to three other not-for-profit organizations serving Hamilton County residents. An additional matching grant of $15,000 in partnership with the Hamilton County Convention and Visitors Bureau was made to help build capacity at county-based arts organizations (both organizations contributed $15,000 each to support the project).

The grants were made possible by Legacy Fund’s Community Endowment Fund, and also The Sheridan Fund and the City of Noblesville Fund, which awarded city-specific grants. The Donald W. Johnson Fund for Shepherd’s Center of Hamilton County, which addresses senior-focused issues, made an additional grant.

(FOR A COMPLETE LIST OF GRANT ALLOCATION AND DISTRIBUTION PLEASE CLICK HERE.)

The Legacy Fund Community Endowment Fund is an “unrestricted” fund created by donors with an interest in supporting Hamilton County. The City of Noblesville Fund was created to focus on Noblesville-specific issues. The Sheridan Fund was created by the Biddle Memorial Foundation and JBS United to address issues specific to the town of Sheridan. The Donald W. Johnson Fund for Shepherd’s Center of Hamilton County was created in 2012 to better support the County’s senior-needs. Grant allocations from the Community Endowment Fund are approved by Legacy Fund Board of Directors.

Created in 2002 by Legacy Fund to give Hamilton County youth an opportunity to be directly involved in their community and to inspire leadership in high school students through service, grantmaking and educational opportunities, The LINK Advisory Council made grants to support Second Helpings (a food rescue and re-use organization); Hamilton County East Public Library and Live the Way, Inc., which supports a community garden program in Noblesville.

“These broad-based, community endowment funds demonstrate our donors’ commitment to Hamilton County,” said Corby D. Thompson, board chair, Legacy Fund. “They also demonstrate our donors’ faith in Legacy Fund’s grants staff and board of directors’ ability to identify critical issues and needs, and then support effective not-for-profits that are addressing those needs.”

ABOUT LEGACY FUND:
Legacy Fund, an affiliate of the Central Indiana Community Foundation (CICF), is a $50+ million public foundation that serves Hamilton County by administering charitable funds, foundations and organizational endowments for individuals, families and not-for-profit entities. Established in 1991, Legacy Fund’s goal is to inspire philanthropy as it helps people enhance their family and charitable legacies in tax-smart ways. Legacy Fund has three main priorities: consult with donors, family foundations and professional advisors on charitable giving; award grants; and provide leadership to address community needs.

ABOUT CENTRAL INDIANA COMMUNITY FOUNDATION:
Central Indiana Community Foundation (CICF) is a $700+ million public foundation transforming the lives of central Indiana residents in three ways: consulting donors, family foundations and their professional advisors on charitable giving; awarding grants to effective not-for-profit organizations; and providing leadership to address community needs and seize opportunities. CICF was established in 1997 as a partnership between The Indianapolis Foundation, serving Marion County since 1916, and Legacy Fund, serving Hamilton County since 1991. For more information about CICF, visit cicf.org, or contact Mike Knight at mikek@cicf.org.