Missouri News

Marion County Endowment Fund to award three grants on Tuesday

By Herald-Whig
Posted: Aug. 27, 2018 11:30 am

PALMYRA, Mo. -- Three not-for-profit organizations in Marion County will receive grants from the Marion County Endowment Fund during a presentation ceremony at 10 a.m. Tuesday in Palmyra.

The recipients won't be revealed until the event, which will take place at the old Marion County Jail, 210 Lafayette St.

This marks the fourth annual distribution of grants from the Marion County Endowment Fund, which operates as a branch of the Community Foundation Serving West Central Illinois and Northeast Missouri.

The Marion County Fund Council -- comprised of representatives from the county -- reviewed applications from eligible local organizations competing for the grants. The council then made recommendations on grants that would best serve the needs of charitable organizations, projects and programs in the county. 

"The Marion County Endowment Fund is a way to ‘keep local money working for local causes,SSRq" said Irene Meyers, the fund's chairperson. "We're proud to support the not-for-profits that make Marion County a great place to live."

The council announced Thursday it is beginning a capital campaign to try to increase the fund's assets to be able to make more grants available. A goal of raising $25,000 by the end of the year has been set.

Tax-deductible gifts to the Marion County Endowment Fund need not be cash. Gifts of stocks, bonds, real estate, life insurance and IRAs also will be accepted.

Meyers said the aim of the endowment fund is to "continue to grow and address county needs and opportunities now and in the future."

More information about the capital campaign and the fund is available by calling Meyers at 573-248-9389 or Karen Sutor at 573-822-1847.

More information about the community foundation is available by calling Jill Arnold Blickhan, executive director, at 217-222-1237. The organization's website is mycommunityfoundation.org.

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