Community Foundation Nets Largest Single Gift

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Tina Peterson is CEO of the Community Foundation of Bloomington and Monroe County. Tina Peterson is CEO of the Community Foundation of Bloomington and Monroe County.
BLOOMINGTON -

The Community Foundation of Bloomington and Monroe County says it has received the largest single donation from an individual or family in the organization’s 27-year history. The foundation says it will use the $800,000 gift from the estate of Judy Feldpausch to provide grants to area nonprofits.

The gift will establish the Judith B. Feldpausch Fund, which will provide annual grants in perpetuity to seven nonprofits, including Big Brothers Big Sisters of South Central Indiana, Habitat for Humanity of Monroe County, the Monroe County Humane Association, People and Animal Learning Services, American Red Cross services benefiting Monroe County, The Salvation Army – Bloomington, and Volunteers in Medicine.

"We are grateful to Judy for her passion for making Monroe County a better place," said Tina Peterson, chief executive officer of the foundation. "At the Community Foundation, our mission is to create positive impact to improve the quality of life in our community. Judy’s estate gift is an example of the power of giving exponentially, advancing the Foundation’s capacity to meet the community’s most pressing needs and compelling opportunities, year after year, forever."

The foundation says it will invest the gift so it will grow over time and then distribute funds annually to each of the organizations. Peterson says the gift is one of many that have advanced the foundation's goal of doubling its endowment to $40 million by 2022.

  • Perspectives

    • Jeff Rea serves as CEO and president of the South Bend Regional Chamber of Commerce.

      Imagination Library Key to Developing Future Workforce

      There is a Chinese proverb that I love, it says "the best time to plant a tree is 20 years ago, the second-best time is today." The Community Foundation of St. Joseph County has been doing a little bit of both. Twenty-five plus years ago, the Foundation was formed to work on initiatives and grant-making in the areas of arts and culture, health and human services, parks and community development, and youth and education. Since inception, the Community Foundation has...

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