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Find more information about the upcoming grant cycle by clicking the RECEIVE button above.
The Evansville Endowment Fund grant cycle runs from May to October each year.
The City of Evansville Endowment Fund is excited to announce its rebranding and name change to the Evansville Endowment Fund.
The Evansville Endowment Fund originated in 1994 when former Mayor Frank McDonald II proposed that $5 million of revenue from the gaming boat be invested in a way that would serve the City of Evansville forever.
The Community Foundation Alliance, Inc. administers the Evansville Endowment Fund as a supporting organization, with annual earnings used for grantmaking. Funding is focused on capital projects for nonprofits serving within the City of Evansville. The Evansville Endowment Fund has a separate board of directors responsible for governance and grantmaking decisions.
What started with a $5M gift has grown to over $10M while granting $6.3M since the fund's inception, making the total philanthropic impact of the Evansville Endowment Fund over $16M.
Evansville Endowment Fund grants are specifically designated for capital projects. When the Evansville Endowment Fund was established, it allocated sixty percent (60%) of grantmaking to benefit the 4th and 6th wards of the City of Evansville. These wards also have representation on the Evansville Endowment Fund's board.
The Community Foundation exists to help caring people like you give back to the causes and community you care about most. We make giving easy and effective. You can give cash, stocks, property, bequests and other assets. You may establish a charitable fund in your name or in the name of a loved one. You can focus your gift on the causes that move you: enrich education, safeguard health, improve neighborhoods, cultivate arts, protect environment, strengthen families.
You can make a gift that lasts forever and establishes your legacy of giving. The Community Foundation offers the power of endowment, where a portion of your fund is invested so that it can grow over time. Earnings from this investment are used to make grants that benefit this community forever. Your gift creates a lasting stream of funding available for community good.
Powered by generous donors, local leaders, and steadfast partners, the Community Foundation builds on the collective strength of this county to make life better here. We multiply the impact of each individual gift by investing them together for maximum return and impact. We invite everyone to join us in building a strong community.
Financially audited and compiled data from our most recent fiscal year.
For a full report, review our FY21 At A Glance.
$512K
Total grants awarded to nonprofits through our annual grant cycles and distribution
$9.5M
Total assets providing a sustainable charitable resource for our community
Financially audited and compiled data from our most recent fiscal year.
$490K
Total grants awarded to nonprofits through our annual grant cycle
$9.5M
Total assets providing a sustainable charitable resource for our city