100 years of helping our communities
Monday, March 03, 2014 10:00 AM
We congratulate the nation's community foundations on their 100th anniversary this year.
The first community foundation was established in Cleveland, Ohio in 1914, and since then more than 800 similar foundations have been started.
The Community Foundation of Madison and Jefferson County was established in 1991. It has continued to grow steadily, and through its philanthropic work makes an important contribution to the quality of life we enjoy.
A resolution honoring community foundations was adopted last week by the Indiana Senate. "On the field's 100th anniversary, we want to celebrate all the good work being done by community foundations throughout America and especially right here in Indiana," said Republican state Sen. Randy Head of Logansport. "The generosity of countless donors and partner organizations continues to make life better for all of us."
The first community foundation in Indiana was established in Indianapolis in 1916. Indiana has had more growth than any other state, thanks in part to an effort launched 23 years ago by Lilly Endowment to strengthen and expand the growth of community foundations in the state. Today 94 community foundations and county affiliate funds serve every county in the state.
Community members across the state have helped Indiana's community foundations build a combined $2 billion in managed assets statewide. These gifts build endowment funds that benefit their communities and help create personal legacies.
"Thanks to our community foundations, people in cities and towns throughout Indiana can pool their charitable funds into community resources for the benefit of all," said Marissa Manlove, president and CEO of Indiana Philanthropy Alliance.
In 2012 alone, Indiana's community foundations' grants totaled approximately $117 million.
The Community Foundation of Madison and Jefferson County awarded more than $145,000 to several nonprofit organizations last year as part of its annual funding cycle.
The success of community foundations rest in the fact that they are funded by local residents who understand the issues facing their communities.
Indiana's community foundations are among the largest instruments for community good in our nation. We thank the donors, volunteers, visionaries and staff members who nurture this powerful force for positive change.