The Community Foundation of Morgan County has announced it has matched a $1 million donation from the Indianapolis-based Lilly Endowment’s Giving Indiana Funds for Tomorrow program. The total of $2 million will support two CFMC endowment funds and various programs and projects throughout the county.
The CFMC says more than 1,000 residents, businesses and community organizations worked over 18 months to raise the $1 million match in funds. The organization says it typically has only had around $30,000 to distribute in grants.
"We at the Community Foundation of Morgan County were very pleased to receive one of the million dollar matching grants from the Lilly Endowment, giving us $2 million to benefit the citizens of this county." said Patty Wood, CFMC board president. "Every year, the grants committee has the difficult decision of choosing which grants to fund. This gift has helped make the foundation better able to fund the variety of programs and projects available in our county.”
A portion of the money will go toward the CFMC’s Evergreen Endowment Fund, which Executive Director Ed Kominowski says "will help ensure the long-term success of the community foundation’s management and operations."