The Community Foundation's funds are used to provide support in perpetuity for agencies and organizations throughout Jennings County. Donors are at liberty to create a variety of funds to serve various charitable purposes.
Naming opportunities for companies, families, organizations or in memoriam are also available.
In each type of fund, the Community Foundation and the donor enter into a legally binding gift agreement to ensure that the donor's exact wishes are carried out. A grants committee, well versed in the needs of the community, selects recipients when the donor does not specify one.
It is extremely easy to create an endowment fund. The necessary paperwork is straightforward and can be completed quickly. The Jennings County Community Foundation staff is always available to assist you. Our resources are available to you without cost or obligation.
Currently, our guidelines require a minimum of $2500 to create an endowment fund. However, you may begin a fund with an initial donation in any amount, and you have two years to bring your total to the minimum $2500. Funds may be added at any time, in any amount. Many individuals make donations in honor of anniversaries, birthdays, or other significant events or special occasions.
Gifts may take the form of cash, bequests, life insurance, private foundation transfers, life income, trusts, and appreciated property such as stocks, bonds, and real and personal property.
To set up a fund, please contact our staff. They are ready to assist you with options that best suite your charitable needs.
The Jennings County Community Foundation holds over 200 funds in trust with current assets totaling more than $6 million dollars. A list of our current funds may be viewed below.
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111 North State Street, North Vernon, IN 47265