S C H O L A R S H I P A P P L I C AT I O N N O W O P E N ! A P P LY B Y A U G U S T 2 8 ! S E E B A C K F O R D E TA I L S >
FOR GOOD. FOR EVER.®
LEGACY
SUMMER 2024
THE POWER OF ENDOWMENT A gift to the Wabash Valley Community Foundation is unlike any other gift. When you give to the Community Foundation, you invest in the future of your community. Your contribution is never spent; rather, it is invested as an endowment for generations to come. Original balance and grants distributed continue to grow. The current gift is more than 3 times the size of the original gift.
Original balance and grants distributed are growing. The gift has more than doubled.
Initial gift grows and pays out a yearly boardapproved spending allowance.
* Based on an estimated annual growth rate of 7% and a 4% spending allowance for grants.
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An endowment is a unique way for individuals to leave a lasting legacy in the community they cherish. Whether created in the present or through careful estate planning, an endowment ensures that future generations will continue to benefit from the generosity and foresight of those who came before them. For good. For ever.® An unrestricted endowment, commonly referred to as a community grant fund, plays an important role in our ability to make an impact in the Wabash Valley. When individuals give to a community grant fund, the possibilities are endless. Whether it’s supporting innovative projects, addressing urgent issues or assisting nonprofits in their missions, there is flexibility and power in unrestricted endowments. Since our formation, our local volunteers have granted over $30 million from the earnings on unrestricted endowments that are reinvested in Clay, Sullivan and Vigo counties into grants and projects. Unrestricted endowments ensure that the
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