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Community Endowment
About the Fund
Women’s Fund is a special interest fund of Central Indiana Community Foundation (CICF) that supports programs and organizations that work to improve the conditions and opportunities for women and girls in central Indiana. An advisory board of community leaders from central Indiana directs the Women’s Fund. The members of the board are active in all decision-making and policy development for the Fund, including all grantmaking decisions. Grants particularly support economic empowerment, health, and selfdevelopment programs.
Why a Gift to Women’s Fund may be Right for You
By creating an endowment, Women’s Fund has a virtually unlimited system for giving. As the interest grows, so will the number of central Indiana women and girls whose lives will be enriched. The assets given build interest over the years, which is distributed in the form of grants. An endowment allows for flexible funding decisions based on changing needs, allowing you to make a lasting difference in our community. With such a broad impact, Women’s Fund is appropriate for all types and sizes of gifts.
Through a competitive process, publicly supported 501(c)(3) not-for-profit organizations apply for grants and are selected based on the merits of their projects and their capacity to meet community needs. Community endowment funds address a variety of everyday needs as well as emergency situations.
How We Serve You Assure you that your gift has a positive and lasting impact in the community Act as a community problem solver and convener in areas such as economic empowerment, health, and self-development for women and girls Ensure that funds are appropriately managed and distributed Offer the advantage of being invested in a larger pool of assets to leverage maximum growth Provide documentation necessary for you to receive all tax deductions and benefits for your gift
Your Role as a Donor Identify or confirm your commitment to this community and its needs and opportunities today, as well as tomorrow Act on that commitment and leave a legacy by making a gift of any size, on your own behalf or in honor or memory of a loved one. Contributions of cash, securities, or other assets to the Women’s Fund Community Endowment are gratefully accepted.
Next Steps
Ask your legal or tax advisor if a gift to Women’s Fund Community Endowment is right for you. For more information about how to make a gift, please call Jennifer Pope Baker at 317.634.2423.
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