The Washington Times-Herald

November 13, 2013

National Philanthropy Day coming up Nov. 15


The Washington Times-Herald

---- — Nov. 15 is a day set aside by the Association of Fundraising Professionals to “recognize and pay tribute to the great contributions that philanthropy – and those people active in the philanthropic community – have made to our lives, our communities and our world.” Powered by generous “philanthropists” or donors, the Daviess County Community Foundation helps people make meaningful gifts that improve life in Daviess County today and for generations to come.

One of nearly 700 community foundations in the United States, the Daviess County Community Foundation serves the residents of Daviess County, offering people a variety of ways to achieve their goals for this community through charitable giving. The foundation manages over $10 million in charitable assets. Since its beginning in 1993, donors have made it possible for $4,191,268 to be granted back to charitable causes in Daviess County.

Over the years, these gifts benefit many areas of community life including a total of $39,921 for improvements at parks in Montgomery, Odon, and Washington, $53,608 for police and fire fighting programs all over Daviess County including Elnora, Montgomery, Odon, and Washington, and a total of $947,814 for the Daviess County Family Y through agency and designated endowments that have been put in place to annually and forever provide operating support for this organization.

The future of Daviess County can be made enhanced by donors says Mary Smith, director of the Daviess County Community Foundation. “From 2010 through 2020, $409 million is expected to transfer from one generation to the next in Daviess County alone,” says Smith. “If only 5 percent of that was invested as a charitable endowment with our community foundation, the earnings alone could make $1.02 million available each year to meet urgent needs, fund important opportunities, and keep our community thriving into the future.”

“We hope people consider that 5 percent and how it applies to them and to the future of the community they love,” said John Dudenhoeffer, president of the local foundation’s board of trustees. “For as little as $10,000, a donor can set up an endowment with the community foundation to forever fund the work of charitable agencies or charitable causes that people care about in this community. By doing so, one can help Daviess County thrive into the future.”