Triple Your Donation,
Triple Your Impact
Lilly Endowment Inc., as part of their GIFT (Giving Indiana Funds for Tomorrow) VIII initiative, is offering a matching gift opportunity that is 2:1. With Lilly Endowment Inc.'s 2:1 match and HCCF's 1:1 match currently in place, this is a 3:1 match for Builder's Funds until December 2025 or matching funds are exhausted.
What Is a Builder’s Fund?
Builder’s Funds, like all endowment funds at the Harrison County Community Foundation (HCCF), begin with a special gift placed in a set-aside fund held by the Foundation. Builder’s Funds can be established by an individual, family, or business. Builder’s Fund are invested to generate additional, ongoing support forever. Donated funds for Builder’s Funds are not designated to a specific purpose, allowing the HCCF Board of Directors to approve funds for the most pressing community needs as they arise alongside other grant funding.
Impact Of Builder’s Funds
Projects funded in part by Builder’s Funds include the Possibility Playground at Hayswood Park, the grandstand at the Harrison County Fairgrounds, and the Veteran’s housing project for homeless and at-risk-of-homelessness Veterans.
How To Start A Builder’s Fund?
- Meet with HCCF staff to learn more about Builder's Funds and discuss what you want to name your fund.
- The minimum contribution required to establish a Builder’s Fund is $2,500.
- A draft agreement will be created by HCCF staff for your review. Once reviewed by HCCF legal counsel, the HCCF Board of Directors will consider the agreement for appoval at one of their scheduled meetings.
Make It Personal
When it comes to creating a Builder’s Fund, there are various ways to personalize it and make it meaningful. One such way is by naming the fund "In Memory," "In Honor," or in your own name.
IN MEMORY
Naming a Builder’s Fund "In Memory" allows you to commemorate a loved one who has passed away. By channeling resources into a community that held significance for them, you can create a lasting legacy that honors their memory. This not only contributes to the betterment of our community but also serves as a heartfelt tribute to their life.
IN HONOR
Alternatively, naming a Builder’s Fund "In Honor" provides an opportunity to celebrate and recognize someone who has made a significant impact on your life or the community. It could be a mentor, a role model, or anyone who has inspired you. By establishing an endowment fund in their honor, you can ensure that their values and contributions continue to make a difference in our community.
IN YOUR NAME, FAMILY NAME, OR BUSINESS NAME
Lastly, naming a Builder’s Fund in your own name, family name, or business allows you to leave a lasting impact and establish a personal legacy. It signifies your commitment to the community that holds special meaning to you. By associating your name, family, or business name with the fund, you create a strong connection and demonstrate your dedication to supporting HCCF’s mission.
Give To An Existing Builder’s Fund
Mail a check to:
HCCF, PO Box 279,
Corydon, IN 47112
with the endowment fund name clearly written in the memo line.
Drop off a check at our office located at:
1523 Foundation Way NE,
Corydon, IN 47112
with the endowment fund name clearly written in the memo line. Place it in the drop box outside the entrance or bring it into the office.
Make a secure
donation online at:
hccfindiana.org.
Click the donate button and search by fund name or fund number.
Breaking Initial Gifts Into Increments
The normal timeframe to establish a new Builder’s Fund allows a 90-day window to collect sufficient funds to establish a new endowment fund. The timeframe has been extended until December 31, 2025, to generate needed funds for the minimum threshold of establishing a new Builder’s Fund. If the minimum of $2,500 is not reached within this period, the donations are kept in the unrestricted fund and can be used for any charitable purpose the Foundation deems fit.
Frequently Asked Questions
WHY SHOULD I CREATE A BUILDER’S FUND?
Starting a Builder’s Fund is a way to make an impact in our community and the best way to make a difference today and tomorrow.
HOW LONG DO ENDOWMENT FUNDS LAST?
Endowment funds are not like saving accounts, they are set up to last forever, in perpetuity.
ARE DONATIONS TO A BUILDER’S FUND TAX-DEDUCTIBLE?
Donations to endowment funds are tax-deductible.
WHAT IS THE DIFFERENCE BETWEEN RESTRICTED FUNDS AND UNRESTRICTED FUNDS?
Restricted funds are monies set aside for a particular purpose, agency, or cause. They are permanently restricted to that purpose and cannot be used for anything else. Unrestricted funds may be used to meet the needs for any charitable purpose.
WHO DETERMINES WHEN BUILDER'S FUNDS ARE UTILIZED?
The Harrison County Community Foundation Board of Directors determines when to use unrestricted funds on the greatest needs and opportunities within the county and in the future, to make Harrison County a better place to live, work, and raise a family.
Testimonials
“Establishing a Builder’s Fund is an ideal way to contribute to a community for growth and assist in meeting its needs. It is rewarding to know that our contribution has had a positive impact for Harrison County residents. We encourage others to consider starting their own Builder’s Fund to make a lasting difference for future generations.”
- Joe and Carol Hoehn
“Participating in the Builder’s Fund is great way to leaving a lasting legacy of your family/business and have a dynamic impact on the community. Everyone who cares about Harrison County should take advantage of this opportunity. We are very proud to be involved.”
- Pam Bennett Martin
“Establishing a Builder’s Fund is an ideal way to contribute to a community for growth and assist in meeting its needs. It is rewarding to know that our contribution has had a positive impact for Harrison County residents. We encourage others to consider starting their own Builder’s Fund to make a lasting dierence for future generations.”
- Joe and Carol Hoehn
“Participating in the Builder’s Fund is great way to leaving a lasting legacy of your family/business and have a dynamic impact on the community. Everyone who cares about Harrison County should take advantage of this opportunity. We are very proud to be involved.”
- Pam Bennett Martin