Heritage Fund, Jennings Co. receive Lilly grants

heritage fund

INDIANAPOLIS, Ind.–Lilly Endowment Inc. recently awarded the Heritage Fund of Bartholomew County and the Jennings County Community Foundation (JCCF) with matching grants totaling $1.5 million as part of the seventh phase of their Giving Indiana Funds for Tomorrow (GIFT) initiative. With GIFT VII, the Lilly is making up to $125 million available to help Indiana community foundations strengthen the towns, cities, and counties they serve. Heritage Fund will receive $1 million and JCCF will be given $500,000.

Both organizations can use this matching fund grant to build their financial assets and support charitable activities. The Endowment will provide $2 for every $1 contributed to their unrestricted endowments during the matching period, now through December 31, 2020. In order to support the operating needs or specific community/charitable projects, Heritage Fund and JCCF will receive 50 cents for every $1 raised during the matching period for these purposes.

These grants also make the two nonprofits eligible to receive an additional $100,000 unrestricted grant if the foundation achieves 100 percent financial support from their respective board members during the period of January 1, 2019, through June 30, 2020.

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