Angola, IN – The Steuben County Community Foundation distributed over $300,000 to charities that support the community as part of its annual meeting on August 9.
Nearly half of SCCF’s permanent endowment funds are designated to support a specific nonprofit or charitable cause each year by the founding donor. These grants are awarded automatically, in contrast to SCCF’s application-based grantmaking cycles.
SCCF’s Board Chair, Jim Burns, also shared a recap of 2018 and highlighted SCCF’s new strategic plan for long term growth and for the benefit of the community. In 2018, SCCF raised over $2.25 million dollars from more than 250 donors, including the creation of 12 new funds, and granted over $2.02 million back to community nonprofits.
John McCoy, Board Chair of Steuben County Fiber Network (a supporting organization of Steuben County Community Foundation), provided an update on the community’s broadband fiber network. McCoy announced that SCFN grew to 160 miles of dark fiber throughout Steuben County and donated $34,400 in profits to community grantmaking funds.
The meeting concluded with a presentation of checks to over 50 nonprofit organizations who support Steuben County.
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