illy Endowment is inviting eligible community foundations in Indiana to apply for grants of $500,000 to $4 million through the Matching Fund Grants component of GIFT VII. The grants vary in size based on the population of the counties the community foundations serve and, as in previous GIFT phases, the grants are designed to encourage residents and others to give generously to grow community foundation endowments and to fund local community needs. The application for these funds is set forth below. To encourage the engagement of community foundation board members, the Endowment will award unrestricted grants of $100,000 to each community foundation that achieves 100 percent financial support from its board members. The Endowment will provide instructions about how to apply for those funds at a later date.