 About 20 percent of families in Marion County earn less than $25,000 annually. The same percentage lacks the savings to make ends meet for three months if they lose employment. Though they’re working, they remain one crisis away from economic catastrophe – a car that won’t start, day care that falls through, a sudden health problem, or a missed loan payment. What are the right tools to help them successfully make the leap to a better life that they can pass on to their children?
About the Grants
The Indianapolis Foundation’s first Family Success Leadership Grants are helping more than 100 self-motivated families create stronger financial futures for themselves by increasing their:
- Access to timely, family-friendly services in their neighborhood
- Bankability through better connections to financial counseling programs
- Employability through targeted job training, job supports, and/or scholarships
- Assets through homeownership, entrepreneurship, and other programs that help break down barriers and incentivize savings
Recipients of three-year grants to neighborhood-based partnerships led by:
- John H. Boner Center - $250,000 from The Indianapolis Foundation and $100,000 from the City of Indianapolis’ Housing Trust Fund
- Hawthorne Community Center - $250,000 from The Indianapolis Foundation and $100,000 from the City of Indianapolis’ Housing Trust Fund
- Oasis of Hope Community Development Corporation - $250,000 from an anonymous CICF donor, $100,000 from the City of Indianapolis’ Housing Trust Fund.
Additional Grants:
- Cynthia Simon Skjodt, a CICF and The Indianapolis Foundation board member, awarded $30,000 from her private foundation, the Samerian Fund, for a future site.
- The W. Scott and Janice T. Montross Fund awarded grants totaling $20,000 from their fund.
Learn more about the initiative and these grant recipients.
For more information about the Leadership Grant, contact Vice President for The Indianapolis Foundation, Harry McFarland, at 317.634.2423 ext. 146 or harrym@cicf.org.
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