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IPCF NEWSLETTER FEBRUARY 2019
Keeping you informed about YOUR Community Foundation!
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Spring Grants Round Open Through Feb. 28
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IPCF is accepting applications for grants in three categories from February 1-28. Interested applicants may find information about the grants on IPCF's website
along with links to the online applications.
The Community Foundation expects to grant out more than $14
0,000 during this grant round. These grants provide support to local programs that benefit local residents. General Grants fund programs for education, environment, health and wellness, and youth. Mirza/IPCF Arts Grants fund programs for the performing or visual arts, music education, and/or arts education and enrichment. Shulman Grants focus on Jewish-themed educational, arts and cultural enrichment programs open to all.
The David and Kay Williams Music Education Grant is in its second year of awarding money. The grant seeks to support programs that use innovative technology to provide creative music experiences for K-12 students, regardless of their music training, using a combination of traditional instruments and music technology. Programs interested in applying for a Williams Music Education Grant will use the Mirza/Arts & Culture Grant online application.
Funding for these grants comes from endowments held at IPCF, designated gifts and donors to the Annual Campaign.
For additional information and questions, grant seekers may contact Michele Evans at
309-662-4477.
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DONATE NOW
or
Mail to us at:
2401 E. Washington St., Suite 300B
Bloomington, IL 61704
Thank you for your support!
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The Community Foundation is on Facebook!
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Challenges, Opportunities With New Tax Laws
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Human service organizations, colleges and universities and other institutions are having to rely more on
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Financial planner and IPCF Board Member Jeff Secord |
charitable giving due to uncertain state and federal funding in recent years.
That increasingly essential revenue stream has become complicated by new tax rules that remove some of the incentive for many Americans to give to charities.
Some fundraising directors say they are concerned about how their donors will view the new laws, but financial advisors say with the proper guidance those charities can capture far more donations they have been leaving on the table.
Read More
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Women to Women, YEP Grant Recipients
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 The Women to Women Giving Circle seeks to improve the lives of women and children in Central Illinois and focused its grants for 2019 on programs that develop the potential in girls from birth to age 5 in our community and their support networks (families, teachers and caregivers). In addition, the Women to Women grant required applicants to collaborate with another organization on a
program addressing the focus.
Youth Engaged in Philanthropy grants were selected by area high school students for youth-focused programs with priority given to organizations that include youth in the application process.
Read More
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Duo Join as New YEP Mentors
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 After 24 years living in Washington, D.C. and traveling extensively,
Kathy Sawyer is now a Bloomington resident. She is currently participating in the Multicultural Leadership Program and has worked with the Greenways Program through the McLean County Regional Planning Commission. Kathy is enjoying getting reacquainted with the array of nonprofit and local government entities in Bloomington-Normal.
 In 1994, Eric Swanson joined the national staff of Peace Action, the nation's largest secular peace and disarmament advocacy organization. He served in multiple positions in the organization, most recently as Assistant Membership Director. Eric volunteered or worked with multiple organizations including the Washington Peace Center, the International Campaign to Ban Landmines, Human Rights Campaign and Code Pink, before returning to Bloomington in 2018.
Read More
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You're Invited to YEP Grants Celebration
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Six years ago, IPCF launched Youth Engaged in Philanthropy (YEP) - a group of high school students from our four counties with an annual philanthropic grant
 budget of $10,000 to support local youth-focused initiatives.
YEP recently completed its sixth annual grant cycle providing grants to seven youth-focused programs. The recipients will be recognized at a YEP Grant Celebration from 1-3 p.m. Sunday, February 24, at University Galleries (11 Uptown Circle, Normal). Please RSVP by
emailing YEP by Feb. 15.
View invitation
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Our Impact in the Community
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Our grant recipient programs and fiscal sponsorship funds remain active at this time of the year.
Read more about one to see the impact we're having in the community:
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Recently Added Funds
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This fund was recently opened at IPCF:
- Mosaic Collective Impact Fund
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Are You 70½? Do You Have an IRA?
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Did you know that you could reduce your taxable income by donating your required minimum distribution (RMD) to
a qualified charity?
Requirements:
- Only applies to IRA owners after they are 70½
- Does not apply to distributions from employer plans
- Only applies to direct transfers to qualified charities (NOT private grant-making foundations, donor advised funds or charitable gift annuities).
Community Foundations are public charitable foundations and, as thus, are eligible to receive RMD donations into any endowment, fiscal sponsorship or field of interest fund. Contact your financial planner for details on how to take advantage of this opportunity.
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