Are community funds really on sale? Well, that’s one way to put it! Normally, in order to establish a named community fund at the foundation, the minimum contribution is $5000. However, because of the current $2 for $1 Lilly Endowment Match on unrestricted contributions, the minimum is now $1667, and the match will cover the rest!
What’s even better, with the $750,000 Lilly Endowment Matching Funds, we can grow our unrestricted funds by $1,000,000 in the next few years. This much growth will mean we will have up to 20% more funding every year to grant to organizations that serve Huntington County! The best news yet, this additional funding will be available forever!
While the potential additional funding to Huntington County will be available forever, the matching opportunity will not. The match is first come, first serve, and all donations must be received by December 31st, 2025, to be eligible for the match.
To read about the Lilly Endowment Matching Grant, click here. To learn more about Community Funds and if starting one is right for you, check out our blog post we published on the subject a few years ago. If you’re interested in taking advantage of this opportunity to triple your impact and start your own community fund at the foundation, contact our executive director, Matt Ditlzer.