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Permanent Endowment Funds - Advised Endowment

The Fund Advisor (one or more persons or an advisory committee) recommends grants from an advised fund to charitable organizations or projects.

Individuals, families, and businesses may be interested in a Advised Endowment when they:

• Wish to create a perpetual named fund to honor or memorialize an individual, family, or business;
  
• Considered creating a family or business “foundation,” but want to avoid the costs, regulations, minimum distribution rules, excise taxes, and administrative costs of private foundations;
  
• Want to be able to vary the charities they support as years go by;
  
• Want to involve succeeding generations of the family or business;
  
• Want to make large charitable gifts before the end of the tax year, but need time to explore or clarify their philanthropic dreams or the best ways to accomplish them with no requirements as to the amount or timing of distributions from the fund;
  
• Want to make contributions to a charitable holding account and later transfer those contributions to other funds held by the Foundation or directly to charities;
  
• Want to consider requests for funding made to the Community Foundation in their particular areas of interest and to benefit from the counsel of Foundation staff regarding current charitable needs and programs.

The Kosciusko County Community Foundation, Inc. Advised Endowments include:

The Dr. John E. Arford and Harriet E. Arford Family Charitable Endowment Fund
Established by the Arford’s to help give back to organizations which played important roles in their lives, the First United Methodist Church and the Warsaw Christian School.

John R. and Joan Bradway Fund
The Bradways established this Advised fund to provide support for local charitable projects. They lived in the Atwood community for many years. They wanted to pass on their love for community and charitable values. Their three children will continue their legacy as advisors to this fund.

Eddie and Louise Creighton Family Fund
Established in 2003 by Eddie and Louise Creighton for the purpose of providing support to public charities impacting the people living and working in and around Kosciusko County. Further purposes of the fund include, but are not limited to, supporting local government within Kosciusko County and public charities throughout the United States. Eddie and Louise Creighton and their three children are advisors for this fund.

The William and Helen Dye Endowment Fund
Provides support to charitable organizations providing services to residents of Kosciusko County.

Ghean M. Arnolt Education/Philanthropic/Opportunities Endowment #1
Created by an Ghean M. Arnolt to provide support to minorities and others who need scholarships and other assistance.

The Evergreen Fund
Established in 2003 by anonymous donors for the purpose of supporting charitable organizations and purposes.

Myra Igo Haley Advised Fund
Established by the Myra Igo Haley to fund qualified charitable organizations.

The Terry E. Hand Family Endowment
Benefits qualified area not-for-profit organizations.

The William F. Hand Family Endowment
Benefits qualified area not-for-profit organizations.

Russell L. and Patricia L. Heyde Endowment Fund
Supports qualified charities in Kosciusko County.

Leon and Doris Kubacki Charitable Endowment Fund
Provides support to charitable, religious and educational organizations as recommended by an advisory committee and approved by the Foundation’s Board.

Mentone Community Fund
This fund was created by Rita Price-Simpson to benefit charitable projects and organizations serving her beloved hometown community of Mentone, Indiana. Mrs. Simpson serves on the Community Foundation's Board of Directors.

Clifford E. Scholl and Thelma J. Scholl Advised Fund
Established to provide support for charitable purposes.

L. Howard Smith Endowment for Compassion International
This fund was established by L. Howard Smith to provide support to Compassion International in its evangelical Christian child development ministry dedicated to addressing the needs of children around the world, including those in the United States of America