“The decline meant that we went from spending out five percent to three percent,” he said. “We had already cut out 20 percent from our budget and were preparing to cut another 20 percent.”
Board member Jack Jordan said MCCF has been giving out local grants for 17 years. He said they would be looking in the “rear-view” mirror a little to see what has worked in the past and also look forward to establish a systematic system to track the impact for future grants.
The Lilly grant now means that MCCF has been able to set up a “Generations Initiative” for not-for–profits in the county. The initiative will allow existing and new fund holders to receive a 25 percent match for monies put into the trust up to $20,000 per fund. As a part of the initiative, MCCF plans to hire a development director to help not-for-profit organizations with fund-raising efforts and other supports.
Jordan said MCCF is currently looking at seven fields of interest including: Arts and culture, community development, donor advised funds, environment, faith based, health and human services, youth and family, and education. He made in clear that new ideas and funds accounts would be welcomed as well.
This was the second town meeting for MCCF. The last one was held nine months ago.
Maddox also said the MCCF has received recognition for compliance with National Standards for the United States Community Foundations by the Council of Foundations. Included in a news release distributed at the meeting was the following: “National Standards were developed in 2000 by a group of community foundation practitioners to serve as a roadmap for legal, ethical, and effective practices within a philanthropic environment in increasingly affected by technology, competition for donors, and political and media scrutiny.”
For more information on the foundation call Jennifer Maddox at 574-936-3366 or email her at
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