Benton Community Foundation
Whether you’re passionate about education, agriculture, youth recreation, 4-H or helping the local fire stations & EMS, the Benton Community Foundation is a conduit for supporting your local community in more ways than you can imagine. Local farm families, citizens and business owners contribute every year to a lasting legacy that improves the quality of life for everyone in Benton County, Indiana.
Private donations provide the majority of support to the foundation in the form of planned giving or donation checks. Whether it’s $10.00 or $10,000, the Benton Community Foundation can help make your charitable gift last for generations providing a lasting impact on the place you call home.
“The foundation is truly supported by the generosity of our local citizens & families,” said Ashley Bice, Executive Director. “The people of Benton County have created an atmosphere of giving that is making a real difference in our schools and our communities.”
5 Ways You Can Make a Lasting Difference
Whether a donor uses cash, stock, real estate, personal property, life insurance or a retirement plan, the benefits of funding a planned gift make this type of charitable giving very attractive to both the donor and the charitable cause you want to support via the Foundation. A planned gift could include a testamentary gift, gift annuity, beneficiary on retirement accounts or life insurance. Support one of the existing 60 funds within the Foundation or create your own to create a lasting legacy in the community for a cause you love.
Tax deductible donations in the form of check or cash are very common at the Foundation. No matter the denomination, the lifetime value of a cash donation goes a long way toward supporting your local community. A gift of appreciated stock can also be a terrific asset to gift, avoiding the capital gains tax.
When a loved one passes away, memorial contributions can be made to the Benton Community Foundation and support any cause that you or your loved one believes in. With over 60 funds available, these include education, agriculture, community grants, scholarships and more.
Endowments & Legacy Giving
An endowed gift of cash, farmland or other assets provides long-term & ongoing support for Benton County that will last for generations. Endowment minimums are $5,000 and are structured so that the principal is kept intact while the investment income is available to support the needs of the community that you feel are most important. An endowment of $50,000 could produce annual grants of $2,500; a great way to help sustain a small organization! What better way to leave a lasting legacy than by supporting the community in which you have prospered.
Apply for a Grant
Are you working to better the local community and need financial assistance to pull it off? Looking for support to bring your generous idea to life? Applying for a grant at the Benton Community Foundation is a step in the right direction. Each year the foundation gives back several hundred thousand dollars to organizations, groups and citizens who are making a positive impact on people’s lives.
“What a man does for himself, dies with him. What a man does for his community lives long after he’s gone.” – Theodore Roosevelt
3 Myths Busted about the Foundation
Is the Foundation Tax Supported?!?
No! The Benton Community Foundation is NOT tax supported, the funds made available for grants and scholarships are made possible by the generous donations of local families through cash donations, planned giving, land and even corn or soybean donations through the local elevator.
Does All the Money come from Lilly?!?
No! While the foundation is very proud and appreciative of past and current support of the Lilly Endowment, these monies represent a small portion of the Foundations ability to help the local community. The general funds (from private donations) help pay for school supplies, books, adult scholarships, community grants and more.
Do You have to be Rich to Support the Foundation?!?
No! In fact, the majority of dollars that the Foundation receives are from private donations in the form of a check or cash. There is no minimum level of donation required, anyone who believes in supporting their local community is welcome to become a friend of the foundation.