Click here to read the press release from IDOE
The Madison County Community Foundation's mission is to serve the philanthropic aims of donors wishing to improve and preserve Madison County now and in the future. Most of the contributions made to the Foundation are endowed to support non-profit programs and services. Awards and gifts are made from income created by investing the principal of these endowed funds.
In this way, the Foundation assures donors that their contributions are a permanent legacy in the community. Pooled with the contributions of thousands of other donors, each gift plays a lasting role in the improvement of our county.
Regardless of the size or form of a gift to the Madison County Community Foundation, it is appreciated by the thousands of community members living here who benefit from grants and scholarships distributed by the Foundation.
The Benefits of Giving
Flexibility: You, your family or organization may create a fund tailored to your interests.
Simplicity: You may conveniently manage all your charitable giving through the Foundation.
Tax Benefits: As a public charity, the Community Foundation offers the highest level of benefits for charitable giving.
Community Impact: The Foundation can help connect donors with projects that have a positive impact in the community.
Permanence: In the event a donor-advised agency closes, the Foundation Board can redirect the funds to the most closely related use assuring donors that their original intent will be honored despite changing circumstances.
Cost Effectiveness: The Foundation manages 83 component funds investing the individual gifts and bequests as a family of funds thereby achieving significant economies of scale in both investment and administration.
Security: An independent audit is performed annually for the Community Foundation, and the volunteer thirteen-member Board of Directors of community leaders sets policy, monitors investments and approves all grants.
The future success of Madison County rests solidly at the feet of its children. As a community, we want these children to be educated, well-adjusted and thoughtful individuals, and a group of dedicated community leaders and educators are committed to helping them get there.