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Through its newest round of Giving Indiana Funds for Tomorrow (GIFT) Lilly Endowment is making available $125 million to community foundations across Indiana.  In this seventh phase of the initiative (GIFT VII), the Endowment looks to build upon the momentum and successes of GIFT’s earlier phases and further cement Indiana’s community foundations as trusted and valued institutions.

With GIFT VII, the Endowment seeks to help community foundations raise financial resources and provide community foundations with funds to enhance their leadership competencies and address high-priority challenges and opportunities in the towns, cities and counties they serve.

Indiana community foundations can apply for funds that are being allocated in the following ways:

Matching Fund Grants

The Endowment has allocated $66.9 million to support community foundation asset building and charitable activities.  Funds will be awarded based upon county size with grants ranging from $500,000 to $4,000,000.  New to GIFT VII is a $9.2 million allocation to encourage board member donations.  Specifically, a community foundation will have an opportunity to receive a $100,000 unrestricted grant if it receives a financial contribution from all of its board members. Learn More

Community Leadership Grants

The Endowment has allocated $48.9 million to help community foundations in their efforts to provide leadership for local efforts to address high priority challenges and opportunities in their communities.  Planning grants will be available to community foundations based on county size with grants ranging from $50,000 to $200,000.  Implementation grants will also be available based on county size, ranging from $100,000 to $500,000.  In addition, larger grants of up to $5 million will be selectively available for high-impact, large-scale opportunities. Learn More

Eligibility

An Indiana community foundation must have satisfactorily participated in a previous GIFT phase or program. Lilly Endowment reserves the right to determine whether the participation of a community foundation in a previous phase/program was satisfactory. The applicant must be legally established as a community foundation in the state of Indiana and recognized as a public charity by the Internal Revenue Service. An affiliate fund must apply through the community foundation with which it is affiliated. Learn More

Timeline

Indiana community foundations must complete the Matching Fund Grants application no later than 5 p.m. (Eastern time), January 31, 2019. However, community foundations that submit an asset development grant application by November 15, 2018 may be paid prior to December 31, 2018. Deadline to submit a Community Leadership Grant planning proposal is no later than 5 p.m. (Eastern time), March 15, 2019.