Clark County Endowment Fund launched to support community for generations to come

CLARK COUNTY, Mo. — A new effort is underway to ensure lasting support for Clark County with the formation of the Clark County Endowment Fund, a permanently endowed charitable fund created through the Community Foundation Serving West Central Illinois and Northeast Missouri.

The Clark County Endowment Fund is designed to serve as a long-term source of funding to meet local needs, now and in the future. Gifts to the endowment are invested, and the earnings will be used to support nonprofit efforts, community improvements and charitable projects in Clark County for years to come.

Thanks to a generous $5,000 contribution from Northeast Missouri Electric Power Cooperative (Northeast Power), the fund is already one-third of the way toward its initial $15,000 goal.

“All gifts to the Clark County Endowment Fund stay local and help build a stronger, more resilient community,” said Allie Bennett, a member of the Clark County Endowment Fund Council and Community Foundation board member, in a press release. “By establishing the Clark County Endowment through our Community Foundation, we’re not just investing in today, but building a legacy of support, opportunity and resilience for generations to come.”

Once the fundraising goal is met, the Clark County Endowment Fund will benefit local charitable and public projects, programs and organizations. As an endowment, it will continue to grow and generate new funds in perpetuity. Each year, the fund council will make recommendations for grants from the fund to strengthen communities in Clark County.

A local advisory council is made up of Clark County residents who are passionate about making a difference. The group is currently seeking additional council members who are interested in playing an active role in shaping the future of their community.

Gifts to the Community Foundation for the Clark County Endowment Fund are tax-deductible as allowed by law. The Community Foundation Serving West Central Illinois and Northeast Missouri, is a not-for-profit organization with 501(c)(3) status.

To learn more about the Clark County Endowment Fund, become a council member or make a gift, visit www.mycommunityfoundation.org/clark-county-endowment-fund.

The Clark County Endowment Fund is a working towards becoming a permanently endowed charitable fund created through the Community Foundation Serving West Central Illinois and Northeast Missouri. It is designed to provide long-term, local support for Clark County by addressing needs, funding opportunities and creating a lasting impact for future generations.

The Community Foundation Serving West Central Illinois and Northeast Missouri builds permanent charitable funds to assist area nonprofits and communities.

Its mission, “connecting people who care with causes that matter,” is achieved by gathering funds, growing them through investments then granting to nonprofit organizations, causes or communities that mean the most to its donors. 

Since 1997, the Community Foundation has made more than $18 million in grants. It serves 12-counties: Adams, Brown, Hancock and Pike in Illinois and Clark, Lewis, Marion, Ralls, Pike, Knox, Shelby and Monroe in Missouri.

The Community Foundation has IRS 501(c)(3) status, and contributions made to the Community Foundation generally qualify for the maximum allowable deductions for income and estate tax purposes.

For more information, call 217-222-1237, email info@mycommunityfoundation.org, or go to www.mycommunityfoundation.org.