The Decatur County Community Foundation is honored to introduce the new Darol and Toni Collins Family Fund.
The Darol and Toni Collins Family Fund was established, in part, thanks to a matching grant from the Lilly Endowment.
“Darol and I started the fund at this time due to the Lilly match. We had Required Minimum Distributions available from our retirement accounts, so it was perfect timing,” explained Toni.
The Lilly Endowment is currently matching gifts to any community fund with $2 for every $1 donated. Community funds are the most versatile type of fund that can be established at the Foundation. Community funds are unrestricted—they generate grants that meet community-wide needs. Other types of funds generate grants that are designated for certain causes, themes, or organizationsaccording to a donor’s choice.
“This fund’s earnings will be used for projects and needs that address future issues,” explained Toni. “We have no idea what those needs might be in today’s world. Through our fund we have the foresight to address tomorrow’s needs for our future Decatur County families.”
At DCCF, donors have the ability to name a fund with a minimum opening gift. Through the $2:$1 match, the Collins family met the minimum for just a third of the usual amount.
DCCF is grateful to the Collins Family for a gift that will help meet all of Decatur County’s ongoing and futureneeds.
For more information on starting your own community fund (or any other type of fund), contact executive director, Tami Wenning, at info@dccfound or 812.662.6364.
