Endowment Matching Program A Huge Success

NEWS RELEASE

                                       Contact: Fred McCarter (812) 539-4115

For Immediate Release

DCF ENDOWMENT MATCHING PROGRAM A HUGE SUCCESS, AS GENEROUS DONORS CONTRIBUTE $150,000

LAWRENCEBURG, Ind., November 30, 2009 – The Dearborn Community Foundation, Inc., (DCF) successfully wrapped up its 2009 Double Your Donation endowment matching program by receiving a total of $150,000 in contributions to new and existing endowments. The $150,000 in contributions combined with the $150,000 in matching funds available for the program equal an increase of $300,000 in DCF’s overall endowment for the community.

“It’s quite gratifying to see the generous response by folks to this extraordinary opportunity to provide perpetual funding for charitable causes in Dearborn County,” said Fred McCarter, DCF Executive Director. “This is the second straight year we’ve set aside matching funds and it’s clear that our goal to continue to involve more and more individuals, organizations and businesses in philanthropy is being achieved.”

DCF matched $1-for-$1 contributions made to new or existing endowments – doubling the original donation by contributors. A donor could contribute a maximum of $10,000 to be matched. The contributions were matched on a first-come, first-served basis as long as matching funds were available.

Nearly 100 different contributors made 134 donations totaling $150,000 to 36 different endowment funds, including eight new endowments. The overall endowment at the Foundation grew by $300,000 when the new contributions are combined with the $1-for-$1 match. DCF had more than 80 endowment funds totaling $9 million as of September 30, 2009.

“The new endowments, like our existing endowments, will provide scholarships for students and grants for charitable organizations and causes in perpetuity,” McCarter said. “The contributions by donors are greatly appreciated. It’s important to note that the matching program would not have been possible without the generous support of Dearborn County Council and the City of Lawrenceburg.”

The eight new endowments established during the 2009 DCF endowment matching program include:

·         Ivy Tech Community College Scholarship Fund: provides support to Ivy Tech Foundation, Inc., for scholarships.

·         Kathi Green Memorial Scholarship Fund: provides support to South Dearborn Dollars for Scholars

·         Michael R. Marine Memorial Scholarship Fund: provides support to South Dearborn Dollars for Scholars

·         Rachel Meece Memorial Fund: provides support to Rachel’s Garden at the Cincinnati Zoo & Botanical Garden and provides support to East Central High School for the Rachel Meece Memorial Scholarship

·         South Dearborn Challenge Scholarship Fund: provides support to South Dearborn Dollars for Scholars

·         James Lohmiller Memorial Scholarship Fund: provides scholarship funds for graduates of Lawrenceburg High School

·         Barrott Family Scholarship Fund: provides support to South Dearborn Dollars for Scholars

·         Historic Hoosier Hills RC&D, Inc.: provides support to Historic Hoosier Hills RC&D, Inc.

To learn more about DCF, visit the Foundation website at www.dearborncf.org.