CFSI Announces $1.1 million in Community Grants and Scholarships

Community Foundation Announces $1.1 million in Community Grants and Scholarships

The Community Foundation of Southern Indiana has awarded the final grants for their fiscal year, awarding a total $245,282 to local charitable organizations. The grants were awarded from the Foundation’s unrestricted Community Impact Fund to deserving nonprofit organizations working to positively impact the lives of people living in Clark and Floyd counties.

The Foundation’s unrestricted Community Impact Fund is used to address the greatest needs and priorities of Clark and Floyd county residents, no matter how those needs may change over time. Because of the flexibility this fund provides, $100,000 of this year’s awards were used to seed the Foundation’s COVID-19 Disaster Relief Fund which has awarded over $1.1 million to support nonprofits, individuals, and small businesses negatively impact by the pandemic.

Earlier this year, CFSI also announced that this academic year it awarded nearly 100 scholarships totaling more than $870,000 in support of Southern Indiana students. The scholarships include awards from individual scholarship funds held at the Foundation and awards for the Lilly Endowment Community Scholarship Program.

Linda Speed, president and CEO for the Community Foundation of Southern Indiana said, “We’re fortunate to live in an area that believes in educating our youth and giving back to our community. Thanks to the very generous donors who see the value in supporting the Foundation’s Community Impact Fund, we were able to award well-deserved grants to organizations that are changing lives in Southern Indiana while also addressing the immediate needs caused by the COVID-19 pandemic.” She continued, “And, because of the support of our scholarship fund holders, donors and Lilly Endowment Inc., we’re able to support our region’s students as they work towards pursuing their goals and becoming our community’s leaders.”

The Community Foundation allows individuals, businesses and families to create individual funds, including scholarships, to support their unique charitable interests.

Thanks to a matching grant from Lilly Endowment Inc., if you would like to support the Foundation’s Community Impact Fund, your gift will be matched $2 for every $1 contributed – tripling your charitable impact. This is the easiest and most flexible way to provide for the most pressing needs in our community, forever. Last year’s grants helped address the needs of more than 61,000 people in our community.

To learn more about the Community Foundation and the match please call 812-948-4662 or visit www.cfsouthernindiana.com.