Foundation Matters – Happy New Year!
Happy New Year! The Community Foundation of Southern Indiana had a wonderful 2014 and we’re looking forward to an even better 2015. Over the past year, with the help of our staff, Board of Directors and volunteers from across our community, we’ve taken a hard look at all of the components of your Community Foundation and asked how we can improve, make a greater impact on our community and continue to be the region’s partner, resource and steward in philanthropy, forever.
Over the next year…
- – We will initiate a community-wide needs assessment study which will help us identify where we can make the most impact with grants from our unrestricted Community Endowment.
- – You’ll see a new grant strategy and application process which will provide more impactful grants for our community’s most pressing needs.
- – In March, along with LifeSpan Resources, we are launching a free workshop series for “Baby Boomers” that will provide information to help plan appropriately and successfully for retirement, and help navigate the myriad issues surrounding Medicare, Medicaid, long term care, assisted living choices and more that many Boomers are facing for themselves or for their parents. We invite you to register and bring a friend or family member with you! (See below)
- – And, over the next year, we have a chance to build lasting resources for our community’s most pressing needs thanks to a matching opportunity from the Lilly Endowment, Inc.which will provide a $1 match for every $1 contributed to the Foundation’s Community Endowment Fund. You can learn more about the matching opportunity here.
We are very excited about what 2015 holds for us, our supporters and community. Thank you for your generosity over the past year and remember, we are here to help you support your charitable interests, no matter what they are. If you have any questions about the Foundation or doubling your donation through the matching opportunity, please give me a call.
Linda S. Speed, J.D.
President and CEO
Basic Training for Retirement
Retirement “should” be easy, right? You just stop going to work, kick up your feet, and relax. Unfortunately, it’s not that easy for many. Some people struggle with various crises as their health declines and they don’t have enough money to provide for the quality of life we all desire. Most also don’t know where to go for help. If you’re a “Boomer” you’re probably not at that point yet, but you may see your parents having these struggles. You probably hope your retirement and eventually, your aging process, will be different. But how?
The Community Foundation of Southern Indiana and LifeSpan Resources have partnered to bring you Boomer$ Bootcamp – and you’re invited to attend! Boomer$ Bootcamp will provide you with information and help you establish a real life “plan” for your retirement. Wouldn’t it be great to have a guidebook to help you integrate your personal planning with Medicare and Social Security? Provide you with information on the cost and options of long term care? Help you learn what needs to happen now in order for you to continue to live in your home as long as possible, or transition to another type of housing option?
The goal of Boomer$ Bootcamp is to make retirement a planned event instead of crisis management. Boomer$ Bootcamp will be a fun, five-part series that brings together experts from our community who will help you sort out your concerns and provide answers to your questions about retirement. And it’s free! We hope you’ll join us for this beneficial series and that you’ll pass the information along to your friends and colleagues who may be facing the same issues. Click here for more information and to register for the series.
Youth Philanthropy Council Accepting Grant Applications
2015 Grant Cycle Opened January 1
Programs and projects that benefit youth in Clark and Floyd counties can apply for funding through the Community Foundation’s Youth Philanthropy Council beginning January 1, 2015.
Each year, the Youth Philanthropy Council, a program of the Community Foundation of Southern Indiana, accepts grant applications for Clark and Floyd counties. Projects applying for funding must have youth involved in the planning or implementation, preferably both, and can apply for up to $500. The deadline for applications is 12:00 p.m., January 31, 2015.
Crystal Gunther, director of community philanthropy for the Community Foundation of Southern Indiana said, “This is an excellent opportunity for non-profits, schools and religious organizations who partner with young people to apply for grants to support their programs and projects.”
Projects should meet one of the following objectives: promote healthy development and a safe environment, provide opportunities to benefit the community, develop the skills of young people or develop positive relationships between youth and adults. Applications are available through the Community Foundation’s website.
Organizations which have previously received funding from the Youth Philanthropy Council, should expend all of their previous funds and complete their final report before applying for another grant.
The Youth Philanthropy Council comprised of teens from Clark and Floyd counties and is designed to encourage youth to give and serve in their communities and make philanthropy a habit for future generations. Adult advisors work with the teens to give them training in charity work and the youth are in charge of grant cycles in which they make award decisions.
For more information on the Youth Philanthropy Council, call the Community Foundation of Southern Indiana at (812) 948-4662 or visit www.cfsoutherninidana.com.
SAMPLE BEQUEST LANGUAGE
Ensuring Generosity. Forever.
The transfer of wealth between generations in our two counties is happening now and will continue for the next few decades. If every person in Clark and Floyd counties gave just 5% of their entire estate (leaving 95% for their heirs) to the Community Foundation of Southern Indiana, that would result in over $140 million in endowment dollars – from JUST 5%! That endowment balance would allow us to make grants of $7 million per year. Every year. Imagine what we could accomplish in our community if we were able to give out an additional $7 million in grants every single year, forever. We could stop hunger, create safer neighborhoods, educate more students, help our most vulnerable, and so much more. It’s astounding to think of the possibilities and it’s easy to do. If you’d like to be a part of making of this transformational change a reality through a gift in your will or trust, or from your IRA or a life insurance policy via the beneficiary designation form, below is the language we recommend. It’s easy to do and will create significant change in our community, forever.
Language for IRA or insurance beneficiary designation
Beneficiary: The Community Foundation of Southern Indiana, Inc. (Tax ID # 35-1827813) for the _________________ Fund.
Language for bequest
I give and bequeath _________________________________ (describe gift) to The Community Foundation of Southern Indiana, of New Albany, Indiana, to be held as a component fund known as the “____________________ Fund.” This fund was separately created for the charitable purposes agreed to by me and The Community Foundation of Southern Indiana.
I’d like to know more
The Community Foundation of Southern Indiana is honored to be your partner in philanthropy. If you or your professional advisor would like to learn more about our giving options, please contact Linda Speed, J.D., President & CEO, at email@example.com or (812) 948-4662. You may also visit our website at www.cfsouthernindiana.com.