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IPCF NEWSLETTER MAY 2019
Keeping you informed about YOUR Community Foundation!
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Local Fallen Soldiers Honored
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As we approach Memorial Day, we pay tribute to two local fallen soldiers with ties to Illinois Prairie Community Foundation who recently became permanent parts of McLean County.
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Kevin and Vonda Rodgers pose with a plaque honoring their son, Sgt. Josh Rodgers, inside the Normal Post Office
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Sgt. Josh Rodgers was honored on April 25 with the renaming of the Normal Post Office. Shortly after Josh was killed in action on April 27, 2017, his parents, Kevin and Vonda Rodgers, created the Sgt. Joshua P. Rodgers Memorial Fund at IPCF to support youth sports in the Bloomington-Normal area and provide financial support to eligible Army 3rd Battalion, 75th Ranger Regiment veteran scholarships and other charitable purposes. Read story about dedication and view photos from event
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Sgt. Anthony Maddox's parents and sisters unveil the new highway dedication sign with state Rep. Dan Brady, right, and Sen. Jason Barickman
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Sgt. Anthony R. Maddox was honored on May 18 with the naming of Interstate 55 from Normal to Towanda as the Sgt. Anthony R. Maddox Memorial Highway. Anthony's father, Jerome Maddox, is Vice President of IPCF's Board of Directors. A processional consisting on motorcycles and jeeps drove from Bloomington's VFW Post to Lexington along I-55 before returning for a dedication ceremony attended by friends and family of the Maddoxes. Read story about dedication and view photos and video from event
We thank all the Gold Star families in our communities for their sacrifice to our country and remember their loved ones this Memorial Day and every day. |
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DONATE NOW
or
Mail to us at:
915 E. Washington St., Suite 2
Bloomington, IL 61701
Thank you for your support!
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The Community Foundation is on Facebook!
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77 Nonprofit Programs Awarded Grants
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Illinois Prairie Community Foundation has awarded $140,613 in three categories of competitive grants to 77
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McLean County Historical Society received a 2019 grant for the Evergreen Memorial Cemetery Walk
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programs in McLean, DeWitt, Livingston and Logan counties. Grants ranged from $500 to $5,230. Funding came from the Jerome Mirza Foundation, donors to the Community Foundation's annual campaign and several endowments at the Community Foundation.
Forty-two General Grants totaling $56,756 were awarded to programs in the fields of education, environment, health and wellness and youth; 28 Arts and Culture Grants totaling $61,097 were awarded; and seven Shulman Education and Life Grants totaling $22,760 were awarded.
View list of grant recipients
The Women to Women Giving Circle and Youth Engaged in Philanthropy awarded grants totaling $48,000 earlier this year, bringing the amount to $188,613 for competitive grants that IPCF has awarded in our four-county community.
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Online Access to Funds Now Live
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IPCF's online donor management system (DonorCentral) is live! Users are now able to view their balance, grant details and quarterly reports in addition to make grant/
distribution requests online.
We've created a
Quick Start Guide which should help you navigate the online donor management system. If you would like a 1-on-1 training session, please
email or call us at 309-662-4477 and we'll set up a time that's convenient for you.
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Philanthropist(s) of the Year Nominees Sought
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Know an individual or couple who really gives back to the community? Nominate them for this year's
Philanthropist(s) of the Year award. We're
accepting
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2018 Philanthropists of the Year
Toni and Duane Farrington
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nominations through Wednesday, July 31.
The award is open to an individual, couple or family who lives in McLean, DeWitt, Livingston or Logan counties. View additional criteria for the award. The nomination form for 2019 Philanthropist(s) of the Year is available for download.
The winner(s) will be honored at the 2019 Celebrating Local Philanthropy Luncheon on Nov. 14 at the Radisson Hotel & Conference Center in Normal.
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Women to Women Summer Celebration
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The Women to Women Giving Circle will hold its Summer Celebration from 5-7 p.m. Tuesday, June 25, at ISU's Hancock Stadium Club in Normal.
Join us to hear how Women to Women funds are working to help women and children in our community. Connect and reconnect with new and old friends who share enthusiasm for Women to Women! Representatives of 2019 Women to Women Grant recipients will be present to update attendees on their programs.
The date was changed from one publicized earlier to avoid conflict with another community event.
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Save the Date for Philanthropy Events
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Mark your calendars now for Thursday, Nov. 14, 2019 -
the date of the 2019 Celebrating Local Philanthropy events.
IPCF's annual workshop and luncheon will take place at the Radisson Hotel & Conference Center in Normal.
A Nonprofits Workshop will be from 8-11:30 a.m., followed by the Celebrating Local Philanthropy Luncheon from noon-1 p.m.
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Our Impact in the Community
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Our grant recipient programs and fiscal sponsorship funds are active at this time of the year. Read more about them to see the impact we're having in the community:
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A will or trust is an effective tool to direct how your assets will be distributed at your death. Within your will or trust, you can designate all or a portion of your estate be given to a charity through a charitable bequest.
A bequest is a flexible and simple way to achieve your charitable goals. It allows you to maintain control of your assets during your lifetime. In addition, if you make a charitable bequest, your estate may receive a charitable tax deduction for the amount of the bequest.
Types of bequests include:
- Specific Bequest: You may designate a specific dollar amount or asset, such as stock, real estate, coins, etc, be given to an individual or organization.
- Residuary Bequest: A residuary request allows you to specify a percentage or the remainder of your estate be given to an individual or organization. The remainder of your estate consists of the balance of your assets after your debts, taxes and other bequests have been paid first.
- Contingent Bequest: This type of bequest is based on another, specific event occurring prior to the distribution of your assets. For example, you may specify that only if another beneficiary, such as your spouse or child, predeceases you will the contingent beneficiary receive the bequest.
An IRA may also be used for a charitable bequest by naming a charity as a beneficiary of your taxable IRA. The tax-exempt charitable organization can receive the taxable distribution without paying tax on the amount received. IPCF is a tax-exempt charitable organization, however Donor Advised Funds are not. Please email us or call us at 309-662-4477 if you are interested in including IPCF in your will.
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