Terre Haute, Ind. (WTWO/WAWV) – Nonprofits in the Wabash Valley are soon to benefit from a pilot program just announced by the Wabash Valley Community Foundation.
This program, called ‘Match Madness’, is an agency endowment matching program aimed to help eligible nonprofits in the Wabash Valley create sustainability and financial longevity plans.
“In creating this matching challenge, the Community Foundation has developed an exciting way to support our local nonprofit organizations,” said Jonathan Eilbracht, Community Engagement Officer for Clay County.
From Nov. 1 of this year until March 31 of next year, up to 24 organizations will receive matching contributions up to $5,000 for all new donations made to a new or existing agency endowment fund with the community foundation.
“We chose to coincide with college basketball season to encourage individuals to support their favorite nonprofit organizations as they follow the excitement on the journey to March Madness. This match is a great way for our nonprofit community to start or grow agency endowment funds that will help their organization or agency become more sustainable,” said Jonathan Eilbracht.
Eligible 501(c)(3) organizations and agencies must have a physical location in Clay, Sullivan, or Vigo Counties, and must create or have an existing agency endowment fund within the Community Foundation. In addition, these organizations must have a representative attend one of three informational sessions hosted by the Community Foundation.
The dates and locations for these informational sessions are:
August 22, 2023 | 5:30-7:00 PM | Sullivan Civic Center | 344 N. Main Street | Sullivan, IN 47882
August 23, 2023 | 1:00-2:30 PM | Wabash Valley Community Foundation | 200 South 8th Street | Terre Haute, IN 47807
August 23, 2023 | 5:30-7:00 PM | Clay County Chamber of Commerce | 535 E. National Avenue | Brazil, IN 47834
For more information about this program, or to determine if your organization might be eligible to participate, visit the Community Foundation’s website.
If you have questions about agency endowment funds, please contact the Community Foundation at 812-232-2234.
