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CFSI Releases Two New Resources
NONPROFIT ECONOMIC IMPACT REPORTS
CFSI RELEASES TWO NEW RESOURCES
The nonprofit sector plays a vital role in meeting the needs of a community not met by the market or the public sector, providing critical services while also contributing to economic conditions. While it’s easy to see how nonprofits directly impact the lives of individuals, their impact on a larger scale can often times be overlooked and the Community Foundation hopes that these two nonprofit economic impact reports we have commissioned provide a better understanding and appreciation of the contribution of the nonprofit sector to the overall economy. The hundreds of millions of dollars earned by nonprofit employees contributes to state income taxes, but also adds to state and local sales taxes and local property taxes when these workers purchase goods and services from local businesses or own homes in the communities.
The two reports indicate what the economic impact of our local nonprofits is in our region and specifically in Clark and Floyd counties as it relates to employment (trends), payroll (contributions) and overall comparisons to other industries. The reports are based on Quarterly Covered Employment and Wage (QCEW) data submitted by virtually all Indiana employers and were commissioned by CFSI in partnership with Dr. Kirsten Grønbjerg, Director of the Indiana Nonprofits Project, Professor at the O’Neill School of Public & Environmental Affairs at Indiana University Bloomington, and Professor of Philanthropic Studies at the IU Lilly Family School of Philanthropy. Funds for the reports were provided by a grant from Lilly Endowment Inc.
SUPPORT THOSE IN NEED
HURRICANE LAURA RELIEF
Hurricane Laura has devastated parts of Louisiana and Texas. If you would like to support Hurricane Laura relief, we have compiled a list of resources for you on our website. Your gift will go directly to the organizations “on the ground” in the affected area that are providing for the immediate needs of those negatively impacted by Hurricane Laura. We invite you to follow the link below to learn more and, if you’re a Foundation fundholder who would like to recommend a grant from your fund to this effort, you can do so by completing the Fundholder Grant Recommendation Form.
LILLY SCHOLARSHIP APPLICATIONS
Are Now Open!
If you know an area high school senior who is interested in applying for an opportunity to receive a generous, well-earned four-year scholarship through the Community Foundation of Southern Indiana, invite them to apply for the Lilly Scholarship!
The scholarships are the result of a statewide Lilly Endowment Inc. initiative to help Indiana students attain higher levels of education. Two students each from Clark and Floyd Counties will be selected to be Lilly Endowment Community Scholars and receive the gift of a four-year scholarship.
In addition to full tuition to the accredited Indiana college or university of their choice, the students will receive a $900 annual stipend for books and equipment. Applications are due by noon on September 14.
GIVE FOR GOOD LOUISVILLE
IS SEPTEMBER 17!
The Community Foundation of Southern Indiana is once again sponsoring Give For Good Louisville – the biggest day of giving in our region!
Last year, due in part to a Community Foundation of Southern Indiana $20,000 matching gift, 42 nonprofits in Clark and Floyd counties raised over $190,000 through Give For Good Louisville. The annual fund raising event hosted by the Community Foundation of Louisville is designed to bring Kentuckiana together through donations big and small, so that we can support our local nonprofits and in turn have a greater impact on the communities around us.
CFSI is once again providing a $20,000 matching pool to be divided
proportionately among Southern Indiana organizations!
This is the 4th year the Community Foundation of Southern Indiana has sponsored Give For Good Louisville with a $20,000 proportionate match. The match is available to nonprofits based in Clark and Floyd counties.
This year, 37 nonprofits from Southern Indiana have signed up to participate!
So, if you have a favorite local charity that is participating in Give For Good
Louisville on September 17, we encourage you to use that day to make your gift through the Give For Good website so that your favorite cause can get their share of our matching funds. To find your favorite charity simply search by cause, name or location.