COLUMBUS, Ind.– Heritage Fund announces a campaign to grow assets of the Community Fund and increase grant-making capacity. The 100 Campaign seeks to raise $200,000 to be invested for the long-term benefit of the community.
The name “The 100” refers to the campaign goal of engaging 100 residents who care about their community and want to partner with HFBC to invest in the future. Members of The 100 will be asked to make a donation of $1,000 or more to the Community Fund. Their donations will be combined with donations from other members and partners (including 10 lead donors providing an additional $100,000 to match The 100 contributions).
Members of The 100 Campaign Planning Committee were inspired to help donors understand the concept of compound interest and what investing now can do for the future of the community. For example, $200,000 invested in 1976 (when HFBC was founded) would equal more than $2 million today! HFBC will invest campaign funds along with a larger pool of assets. These funds will exist essentially forever, providing funding for projects, programs and nonprofit organizations to address the most pressing needs in our community now and in the future.
Tracy Souza, HFBC president & CEO, said, “The 100 campaign engages a new demographic of donors and increases their commitment to philanthropy by empowering them to invest in the future of their community. This is exemplified in the creativity of the campaign planning committee. Their enthusiasm and energy is catching. We are thrilled to be working with such terrific people.”
In addition to joining a special group of philanthropists, members of The 100 will receive an invitation to an exclusive event set for 20 years in the future. At this event members will join together to celebrate fund growth and provide input for current and future grants based on the needs of the community, as they exist in 2038.
Lora Mount, member of the Heritage Fund Development Committee and chair of The 100 Campaign said, “We don’t know what our community is going to look like in 20 years or what needs and opportunities will exist. What we do know is that we are committed to this community. The 100 Campaign is an opportunity to demonstrate that commitment, to pool our resources and to play a part in a better future. It’s going to be a lot of fun to see how far we’ve come 20 years from now, not only as a community but as individuals, professionals and families. Think of it as a class reunion – but for civic-minded community members.”
For more information, contact Kristin Munn, HFBC director of development, at 812-376-7772.
About Heritage Fund & The Community Fund
Heritage Fund – The Community Foundation of Bartholomew County was formed as a community foundation in 1976 with the purpose of continuing a legacy of giving by providing an opportunity for all citizens to make gifts and establish charitable funds to benefit the local community. It was created primarily to: provide responsible stewardship of gifts donated for broad charitable purposes; promote leadership to address community issues; serve as a catalyst for positive change in partnership with others; and promote philanthropy broadly within the community.
The Community Fund is critical to addressing changing needs in the community. These funds are invested and annual returns allow Heritage Fund to address community needs as they arise. Community Fund grants since 1976 include rebuilding The Commons, pre-K initiatives, opioid abuse prevention and millions of dollars in support to our local nonprofit agencies.