Foundation matching grants available

Tuesday, February 23, 2010

GREENCASTLE -- The Putnam County Community Foundation has announced the availability of matching grants for endowments benefiting charitable organizations in Putnam County to help them become self-sustainable and attract major gifts.

Matching grants are available for an organization's existing or soon-to-be created endowment at the Community Foundation.

Grant applications are due to the Community Foundation office by March 1.

Organizations applying must set a goal for their endowment building campaign and have a plan to successfully complete the goal.

If awarded a grant, organizations will be able to have contributions to its endowment matched as soon as June 1 of this year.

All charitable organizations are eligible to apply, including 501(c)(3) non-profits, churches and units of government. The application is one-page, front and back, with only one attachment. It can be downloaded at www.pcfoundation.org.

This opportunity is created out of the Community Foundation's commitment to support local charitable organizations and help them become self-sustaining through an endowment and planned giving.

Community Foundation staff members are available to help organizations and individuals establish endowments for this purpose.

"This is a perfect way for donors to maximize their gifts to a charity. Each gift truly makes a lasting impact," said Eric Wolfe, community development director for the Community Foundation. "The entire community benefits from local organizations that are financially solvent and providing valuable services."

The Community Foundation welcomes all eligible organizations to apply.

For questions about the endowment building program, to schedule consultation on completing the application, or to learn more about endowments, contact Eric Wolfe at 653-4978.

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