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Community Foundation Announces More Than $840,000 in Grants and Scholarships

NEW ALBANY, Ind. (October 2, 2019) – The Community Foundation of Southern Indiana has awarded the final grants for their fiscal year, awarding a total $195,335 to 60 local charitable organizations. The grants were awarded from the Foundation’s unrestricted Community Impact Fund to deserving nonprofit organizations that address our region’s greatest needs and positively impact the lives of people living in Clark and Floyd counties.

CFSI also announced that this academic year it awarded over 100 scholarships totaling more than $650,000 in support of Southern Indiana students. The scholarships include awards from individual scholarship funds held at the Foundation and awards for the Lilly Endowment Community Scholarship Program.

Linda Speed, president and CEO for the Community Foundation of Southern Indiana said, “We’re fortunate to live in an area that believes in educating our youth and giving back to our community. Thanks to the very generous supporters who have contributed to our Community Impact Fund, we were able to award well-deserved grants to organizations that are changing lives in Southern Indiana and helping improve our quality of place.” She continued, “And, because of the support of our scholarship fund holders, donors and Lilly Endowment, Inc., we’re able to support our region’s students as they work towards pursuing their goals and becoming our community’s leaders.”

The Community Foundation allows individuals, businesses and families to create individual funds, including scholarships, to support their unique charitable interests. Thanks to a matching grant from Lilly Endowment, Inc. all gifts to an endowment fund at the Foundation can be matched until December 2020, or until all matching funds are allocated.

If you make a gift, of any amount, to the Foundation’s Community Impact Fund, your gift can be matched $2 for every $1 contributed – tripling your charitable impact. This is the easiest and most flexible way to provide for the most pressing needs in our community, forever. Last year’s grants helped address the needs of more than 84,000 people in our community.

If you prefer to start your own fund, the Foundation can match your gift $1 for every $2 given.

To learn more about the Community Foundation and the match please call 812-948-4662 or visit www.cfsouthernindiana.com.

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