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Lilly Endowment Inc. has launched the ninth phase of its Giving Indiana Funds for Tomorrow (GIFT) initiative, committing up to $1,875,000 to community foundations across Indiana. This ongoing initiative reflects Lilly Endowment’s strong belief in the vital role community foundations play in supporting the long-term prosperity and wellbeing of the towns, cities, and counties they serve.
Thanks to this support, every dollar donated to our Unrestricted Community Grantmaking Fund, or any named unrestricted fund held at CPCF, will be tripled through a $2 for $1 match as part of the GIFT IX $1,875,000 Matching Challenge.
This means the impact of your giving grows exponentially. A $100 donation becomes $300. A $5,000 gift becomes $15,000. Every dollar is tripled. CPCF currently oversees 77 Unrestricted Funds that fuel our grantmaking efforts throughout South Lake County. These funds enable our Grant Committee to respond to emerging needs and support the nonprofit organizations working every day to make our community a better place to live, work, and thrive.
Match Timeline is October 1, 2025 - December 31, 2027 or until the funding has been expended.
Thank you for your generosity and support!
The Crown Point Community Foundation Scholarship Fund is dependent upon collective giving from individuals, groups, businesses, and the like. Anyone can give to it! The more gifts received, the more scholarships for students attending college or vocational studies can be given out.
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Thank you for your generosity and support!
The easiest way to give to the Crown Point Community Foundation is by giving a cash gift. You can contribute to an existing fund or create your own. We also accept gifts of stocks and securities, real estate, insurance, and tangible assets. All gifts receive the maximum tax deduction allowed by law.
Cash donations can be made by mail, dropping off at our office, or online.
Mailing address: Crown Point Community Foundation, PO Box 522, Crown Point, IN 46308.
The Foundation has the ability to accept gifts of publicly traded stocks.
Donors can establish a fund with a gift of real estate or tangible property.
Talk with your attorney and name the Crown Point Community Foundation as a beneficiary of all or a portion of your estate. Please use the following wording - “I give or bequeath to the Crown Point Community Foundation, 115 S. Court St., Crown Point, Indiana % or the sum of $ of my residuary estate.”
You can designate all or a portion of your life insurance policies, potentially saving Indiana inheritance tax and federal estate taxes. Always consult with your professional financial advisor. If possible, let the Foundation know of your plans.
Individuals age 70-1/2 or older can donate up to $100,000 of IRA assets to qualified charitable organizations and enjoy tax savings.
Benefits of making charitable contributions via IRA rollovers include:
1. Reduced taxable income
2. Distributions are not included in the taxpayer’s gross income
3. IRA rollovers can be used to satisfy the donor’s annual required minimum distribution
4. Even those who do not itemize their returns receive the benefit
It’s important to note that tax-free gifts from your IRA can not be withdrawn by the donor, but instead must be paid directly by the IRA custodian to one or more qualified charities. Please consult your financial or legal advisor for additional information. For questions, please contact us at: 219-662-7252. If an IRA Charitable Rollover is an option for you, please name the Crown Point Community Foundation as a beneficiary.