The Freeport Community Foundation has the following Funds established.
The Community Needs Fund
The Community Needs Fund is our unrestricted fund. All the gifts are pooled together creating a “general” fund for the Foundation with which the Board of Directors can direct grants to without restrictions. This Fund has donor appeal to those who understand the ever-changing nature of a community and the importance of having flexible financial resources to meet those needs. Another appeal of the Community Needs Fund is that gifts of all sizes are welcome. This Fund enables those with limited financial resources who cannot establish an individual fund to pool their gift with others to meet their personal philanthropic goals. When looking for a Memorial Fund for a loved one or in honor of a special event – this is a wonderful fund to consider.
The Matthew A. Marvin Fund
Donor Advised Fund-Endowed
In 1994 Matthew A. Marvin, successful local businessman and generous community philanthropist, donated approximately $1 million to the Freeport Community Trust. Believing in the magic of endowment, he contributed an additional $1 million in 2003 to the Freeport Community Foundation. To date, almost $800,000 has been granted from this Fund supporting important programs, projects, and initiatives in our community. Being a Donor Advised Fund, the Board of Directors keeps in mind what they know to be of importance to Mr. Marvin and respects his wishes when making awards from the Marvin Fund. The Marvin Fund follows the same areas of interest and guidelines as the Community Needs Fund.
Dan and Nancy Schmitt Family Endowment Fund
Donor Advised Fund-Endowed
In 2012 Dan and Nancy Schmitt, along with their daughters Angela Damin and Christina Hamm, established the Dan and Nancy Schmitt Family Endowment Fund. This fund will become part of the permanent endowment of the Freeport Community Foundation with the purpose of distributing annual charitable contributions to non-profits in the Stephenson County area. Dan has been an active member of the Board of Directors and currently serves as the Executive Director.
Freeport Area Church Cooperative (FACC) Permanent Endowment Fund
This fund was established May 20, 2008 by retired Executive Director Mr. Dennis Bokemeier and the FACC Board of Directors. FACC is an organization of area churches that provide food, shelter and clothing to those most in need. Anyone may donate to the Freeport Area Church Cooperative Endowment Fund by contacting the foundation.
Ian Murphy-Mitchard Scholarship for the Arts
This fund was established in November 2009 by Ian’s mother Marilee Murphy Odendahl and step-father Ted Odendahl. Students pursuing a program in music, the visual arts or creative writing are encouraged to apply. The scholarship is open to students graduating from public, private, home school, GED or alternative education programs; grade point is not a consideration but talent is. Applications are due in the spring and awarded in May. Each award is $500.
Northwest Illinois-Southwest Wisconsin Fund for Community Development
Field of Interest Fund-Endowed
This Fund was established by John and Caryl Buford of Orangeville, IL in 2007. They believe in the benefits of endowment and want to inspire others to support local non-profit organizations that provide programs or initiatives that will foster economic, environmental, and/or community development in communities geographically located in northwest Illinois and southwest Wisconsin. Grants will be awarded from the earned income when it reaches a substantial amount that a non-profit organization will benefit from the fund.
FCF Board of Directors Fund
To start an Acorn Fund a minimum of $1,000.00 is contributed. In 2007, the Freeport Community Foundation Board of Directors made a decision to start a fund with their personal contributions. When the Acorn Fund grows through additional contributions and reaches $5,000.00, it will become an unrestricted permanently endowed fund that the Board of Directors will grant from to meet a need that they deem as a group important to the community. We are proud of the creation of this Fund. It is a way to show the community that not only do our volunteer leadership contribute time but also dollars that will enable the Freeport Community Foundation to grow. Any group or individual can donate to this Fund with a large or small gift or perhaps when considering their planned giving within their estate.
Agriculture and Land Conservation Fund
This Fund was created with memorial gifts designated for Robert “RC” Miller, a life-long resident of Freeport who passed away in September of 2007. He grew up on the family farm, engaged in professions that were related to agriculture most of his life, and was a proponent of good land conservation practices. The family chose to support Mr. Miller’s interests by creating a fund that would one day benefit organizations whose missions and work are related to agriculture and conservation in our community.
Youth Advisory Council (YAC)
In 2009 a new program was introduced at the Foundation. YAC is a group of area students dedicated to leadership, volunteerism and philanthropy. YAC awards grants annually to selected area organizations involved in youth projects. Founding supporters are the State Bank of Freeport and the Matt Marvin Fund at the Freeport Community Foundation. Additional support came from Sunrise Rotary, Culver’s of Freeport and Jack Myers.
The John M. Drogosz Youth Substance Abuse Prevention/Treatment Memorial Fund
The John M. Drogosz Memorial Fund was established in December 2010 by Dick and Marianne Drogosz, John’s parents, through their matching gift in response to the generous contributions of more than 200 donors. Grants made from this fund will be directed to non-profit organizations with education, prevention and/or treatment programs focused on helping youth in our community facing substance abuse issues. Anyone is welcome to donate to the Fund.
Assault & Abuse Services of Stephenson County Organization Endowment Fund
This Organization Endowment Fund was established in 2010 by Assault & Abuse Services as a permanent endowment fund that provides an income stream in perpetuity for the organization. Assault & Abuse Services is a non-profit agency that offers individuals and families support, intervention and education in cooperation with others who share the challenge of treating and preventing sexual assault and abuse.
RAMP Organization Endowment Fund
This Organization Endowment Fund was established by RAMP’s Board of Directors in 2011 as a permanent fund that provides an income stream in perpetuity for the organization. RAMP is a non-profit, non-residential Center for independent living (CIL). RAMP empowers people with disabilities to realize there are no limits to what they can do.
United Way of Northwest Illinois Endowment Fund
This Organization Endowment Fund was established by United Way’s Board of Directors in 2012 as a permanent fund that provides an income in perpetuity for the organization. United Way of Northwest Illinois is a non-profit agency that seeks to improve lives by mobilizing the caring power of communities around the world to advance the common good. United Way raises, invests and leverages billions of dollars annually in philanthropic contributions to create and support innovative programs and approaches to generate sustained impact in local communities.
For information on creating your own fund or donating to any of the established funds, contact us at:
Freeport Community Foundation
524 W. Stephenson St.,
Freeport, IL, 61032
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