Not-for-Profits Receive Grants Totaling More than $129,000 from Community Foundation Designated Funds

More than $129,000 was distributed this month to 44 not-for-profit organizations from the Community Foundation Serving West Central Illinois & Northeast Missouri. The grants came from designated endowments and marked the Community Foundation’s largest distribution to-date from these funds.

Designated funds support one or more specific organizations. The funds have been established by the organizations themselvesor by donors to provide a permanent source of support for organizations they care about. Earnings provide an additional source of annual income for the not-for-profit organizations. Each year, a portion of each organization’s fund growth is distributed and a portion is retained in each organization’s fund for continued growth.

This year’s designated fund grants range from $200 to more than $30,000 and reflect an increase of 90 percent in total amount distributed over 2015’s distribution.

“Now, more than ever, each dollar is critical to support the mission and programs of our local not-for-profits,” said Jill Arnold Blickhan, Community Foundation Executive Director. “These grants help each organization fulfill its mission which in turn, helps make our communities great places to live and work.”

“The beauty of a designated endowment is that it’s a sustainable source of funding for the organization it benefits. Anyone can make a gift to any fund at any time that will grow and exceed the dollar amount of the original gift. That’s the power of endowment,” said Jill Arnold Blickhan, Community Foundation Executive Director.

This year’s distributions received a boost from a $3 million gift from the estate of Bette J. Starnes in 2015, the largest single gift the Community Foundation has received to-date.

 

Starnes’ bequest supports endowments in three ways. It established the Alzheimer’s Association Endowment to support its Quincy location, added to the previously-established Bette J. Starnes Fund for the Quincy Humane Society, and established the Bette J. Starnes Endowment for competitive grantmaking through the Community Foundation’s 12-county region.

“Ensuring their gift stays and works locally is important to donors. We also have donors who want to support their favorite organization but do not want anyone to know the gift amount or their identity. We honor their wishes,” said Blickhan.

Many of the not-for-profits have established their own endowments with the Community Foundation. This serves as another steady resource for support, as an avenue for accepting complex gifts, and to provide protection of assets.

Distributions were awarded from the following funds:

Adams County Red Cross Fund

BeeJay Adams Fund (Benefits Quincy Community Theatre)

Alzheimer’s Association Endowment

The Arc Fund

Mary Weems Barton Fund for the Quincy Public Library

Amelia E. Bauner, Frances A. Hall, and Walter J. Hall Charitable Fund (Benefits Quincy Service League)

Jack W. Boge Fund (Benefits Quincy Art Center & Quincy Society of Fine Arts)

Brain Trauma Awareness Organization Quality of Life Fund

Brink/Shih Fund for the Quincy Public Schools’ Friends of the Performing Arts

Henry and Betty Brooks & Omer and Doris Walton Saukenauk Scout Reservation Fund

Cheerful Home Children’s Fund

Cornerstone: Foundations for Families Fund

Dr. Richard Eells House Fund

Dennis Everly Fund (Benefits Quincy Park Band)

Herbert C. & Dorothy E. Everly Memorial Fund (Benefits Adams County Chapter, American Red Cross & The Salvation Army of Quincy)

Family Planning Fund

Friends of the Castle Fund

Habitat for Humanity Housing Ministry Fund

Edward C. Hinkamper Fund for St. Francis Solanus School Students

Historical Society Fund

Lucille Hollender Memorial Fund (Benefits St. Francis Solanus School)

Horizons Social Services Fund

The George M. Irwin ARTS Fund (Benefits Quincy Society of Fine Arts)

Jackson-Lincoln Swimming Complex, Inc. Fund

John Wood Community College Foundation Development Fund

Kaufmann Family Fund for Well House, Inc.

Mike Mason Fund for St. Francis School

Meals on Wheels Fund

Mt. Sterling Community Center Fund

Dorothy J. Plank Memorial Fund (benefits nine organizations)

The Plank Memorial Fund (Benefits Lewis County (MO) Historical Society)

Marilyn & Steven Prater Family Fund (Benefits St. Francis Solanus School)

Quincy Art Center Fund

Quincy Civic Music Association Fund

Quincy Family YMCA Fund

Quincy Humane Society Fund

Quincy Museum Fund

Quincy Notre Dame Foundation Capital and Improvement Fund

Quincy Public Schools Foundation Fund

Quincy Senior Citizens’ Center Fund

Quincy Symphony Fund

Quincy University Endowment Fund

Recovery Resources Fund

James T. Riley Fund (Benefits Culver-Stockton College)

George and Charlotte Spear Charitable Fund (Benefits St. James Evangelical Lutheran School)

Jeffrey G. & Theresa L. Spear Fund

Bette J. Starnes Fund (Benefits Quincy Humane Society)

Sunset Home Fund

Clifford H. Taylor Fund for the Quincy Humane Society

Andrew Tenhouse Memorial Fund (Benefits 4-H in Adams County)

Transitions of Western Illinois Fund

United Way of Adams County, Inc. Fund

Donald P.W. Voth Fund (Benefits Quincy Area Habitat for Humanity)

2nd Lt. Albert C. Warford, Jr. Fund (Benefits Quincy Family YMCA)

YWCA – Quincy Fund

The Community Foundation is an independent, nonprofit organization connecting people who care with causes that matter. Serving West Central Illinois & Northeast Missouri, it builds permanent charitable funds to address significant needs and opportunities now and in the future.

Founded in 1997, the Community Foundation provides a simple, yet effective, approach to charitable giving, helping individuals, families and organizations reach their philanthropic goals.

It has IRS 501(c)(3) status and contributions made to the Community Foundation generally qualify for the maximum allowable deductions for income and estate tax purposes. While the Community Foundation focuses on funds created on a permanent basis, it does accept funds that serve a more limited purpose.

More than $4 million has been distributed since the Community Foundation began making grants in 1999. These grants have helped more than 200 organizations serving communities in 12 counties: Adams, Brown, Hancock and Pike, Illinois; Clark, Lewis, Marion, Ralls, Pike, Knox, Shelby and Monroe, Missouri.

For more information, call 217-222-1237, email grants@mycommunityfoundation.org or go to mycommunityfoundation.org or www.facebook.com/mycommunityfoundation

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