KOSCIUSKO — In May 2018, the Kosciusko County Community Foundation announced that, in celebration of its 50th anniversary, 10 youth-serving nonprofit organizations were selected to participate in “Endowment Challenge 50,” or EC50.
Kosciusko County 4-H Council is the seventh organization to have successfully completed the fundraising portion of the challenge.
Participating organizations committed to raising $10,000 for their endowment and to participate in multiple trainings focused on sustainability and donor development. In return, the youth-serving organizations would receive $40,000 in matching funds for a total of $50,000 for their endowment funds.
“Congratulations to the Kosciusko County 4-H Council,” said Suzie Light, Community Foundation CEO. “We are excited that this fund will provide the resources for 4-H club members to build additional skills, character and knowledge.”
Endowment funds provide a charity with a consistent annual stream of revenue. The principal is not spent. It’s invested and the earnings from that investment support the work of the charity forever.
The EC50 was made possible through the generous financial partnership of Dekko Foundation, Kosciusko County Community Foundation, the Ruth Lilly Philanthropic Foundation and the Dr. Dane and Mary Louise Miller Foundation.