Matching Funds Grant

Kosciusko County Community Foundation is pleased to announce its intent to apply for a $1,500,000 Matching Fund Grant through the eighth phase of Lilly Endowment Inc.’s Giving Indiana Funds for Tomorrow (GIFT VIII). This grant is one of three funding opportunities available to the Community Foundation through GIFT VIII for which Lilly Endowment has allocated up to $210 million to support Indiana’s community foundations in their efforts to enhance quality of life across the state.

Kosciusko County Community Foundation will be able to use its Matching Fund Grant to further develop its unrestricted assets. At least 60 percent of the grant must be allocated to support the growth of Kosciusko County Community Foundation’s unrestricted endowment, which over time will provide financial resources that enable the community foundation to respond to both present and future community needs. Lilly Endowment will provide $2 for every $1 contributed to the Kosciusko County Community Foundation’s unrestricted endowment during GIFT VIII’s matching period, October 1, 2023, through December 31, 2025.

Kosciusko County Community Foundation also may propose designating up to 30 percent of its Matching Fund Grant to support community projects and/or programs that are addressing important local needs and up to 10 percent of its grant to invest in the foundation’s internal capacity. Lilly Endowment will provide $1 for every $1 that Kosciusko County Community Foundation raises during the matching period that are designated for the projects, programs and/or capacity-building activities approved for these purposes.

“Our board recently voted to apply for a matching grant from Lilly Endowment that would be 100% applied to our unrestricted/community endowment,” said Kosciusko County Community Foundation CEO, Stephanie Overbey. “We want to be able to pursue the $2 to $1 match Lilly Endowment is offering that will enable us to respond to needs right here in Kosciusko County, not just today, but forever.”

GIFT is a series of statewide initiatives and programs that began in 1990 as part of Lilly Endowment’s efforts to help establish and strengthen community foundations in Indiana and build their capacity to address the needs of their local communities. The primary aim of GIFT is to help Indiana community foundations in all 92 of Indiana’s counties develop the philanthropic capacity to identify, prioritize and address local opportunities and challenges.

To learn more about GIFT VIII, please visit Lilly Endowment’s website at 

Lilly Endowment Inc. is an Indianapolis-based, philanthropic foundation created in 1937 by J.K. Lilly Sr. and sons J.K. Jr. and Eli through gifts of stock in their pharmaceutical business, Eli Lilly and Company. While those gifts remain the financial bedrock of the Endowment, the Endowment is a separate entity from the company, with a distinct governing board, staff and location. Although the Endowment funds programs throughout the United States, especially in the field of religion, it maintains a special commitment to its hometown, Indianapolis, and home state, Indiana.