A C T N O W T O T R I P L E Y O U R I M P A C T T H I S H O L I D AY S E A S O N ! S E E PA G E 2 F O R D E TA I L S >
FOR GOOD. FOR EVER.®
LEGACY
WINTER 2023
COMMUNIT Y FOUNDATION TO PARTICIPATE IN
G I F T V I I I I n i t i at i v e
COMPETITIVE GRANT A M O U N T S N E A R LY D O U B L E BEFORE GIFT VI 2014
+
$31 , 393
C L AY C O U N T Y
$52 , 347
S U L L I VA N C O U N T Y
$279,139
VIGO COUNT Y
$362 , 879 T O TA L
AFTER GIFT VI 2018
+
$11 0, 223
C L AY C O U N T Y
$1 07,1 09
S U L L I VA N C O U N T Y
$376,060 VIGO COUNT Y
$593 , 392
The Wabash Valley Community Foundation, along with its Clay and Sullivan County affiliates, is pleased to announce its intent to apply for $3,750,000 in Matching Fund Grants through the eighth phase of Lilly Endowment Inc.’s Giving Indiana Funds for Tomorrow (GIFT VIII). Based upon the population of counties served, the Community Foundation will apply for a $750,000 Matching Fund Grant in both Clay and Sullivan counties and a $2,250,000 Matching Fund Grant in Vigo County. The Matching Fund Grants are one of three funding opportunities available to the Community Foundation through GIFT VIII for which Lilly Endowment has allocated up to $210 million to support Indiana’s community foundations in their efforts to enhance quality of life across the state.
T O TA L
AFTER GIFT VII 202 3
+
$143 , 382
C L AY C O U N T Y
$147,967
S U L L I VA N C O U N T Y
$494 ,925
VIGO COUNT Y
$786, 274
T O TA L
From now until December 31, 2025, Lilly Endowment Inc. will provide $2 for every $1 contributed to the Community Foundation’s unrestricted endowment funds, also known as Community Grant Funds. In other words, your gift to an unrestricted endowment fund of $10 will become $30; $100 instantly becomes $300; and a gift of $10,000 becomes $30,000! This is a fantastic opportunity to triple your impact in your community!
200 SOUTH 8TH STREET T ERRE H AU T E , I N D I A N A 47807
812.232.2234
The earnings from unrestricted endowments are awarded as competitive grants or as grants that focus on important charitable projects. Recent examples include a $75,000 grant to the Wilma & Liston Buell Community Center in Clay City; $50,000 to the City of Sullivan for the creation of a lily pad rope walk at the City Pool; and a $50,000 grant to Reach Services to reopen its Pathways Day Center. All gifts received during GIFT VIII will increase the ability of the Community Foundation to provide more resources to help nonprofit organizations meet their missions. Over the past 10 years, gifts leveraged by previous matching fund initiatives have nearly doubled the amount available to award in our communities! As long as matching funds remain available, all gifts to unrestricted endowment funds will receive a $2-for-$1 match. When you give by December 31, you may receive a deduction on your 2023 income taxes! If you are interested in taking advantage of the Lilly Endowment Inc. matching gift opportunity for your county, please contact the Community Foundation at 812-232-2234.
W V C F. O R G
LILLY ENDOWMENT INC. GIF T VIII
$ 2 - f o r - $ 1 m at c h i n g f u n d s
TRIPLE YOUR IMPACT YO U R G I F T
+ = MATC H G I F T X 2
3X TH E I M PAC T
CO NSID E RIN G A Y E AR - E N D G IF T ? MA X I M I Z E YO U R LE G ACY. MA X I M I Z E YO U R I N VO LV E M E NT. The Wabash Valley Community Foundation is happy to assist you with your year-end giving. A year-end gift to the Community Foundation benefits our community in perpetuity as your donation becomes part of a larger invested pool of funds that grows significantly over time. Now, thanks to Lilly Endowment Inc.’s GIFT VIII initiative, it truly is the best time to give the gift of giving and TRIPLE YOUR IMPACT!
and opportunities in the Wabash Valley. This is achieved by awarding over $3 million, each year, in grants and scholarships to help nonprofit organizations carry out their missions and area youth to receive a higher education.
Your year-end gift to the Community Foundation will ensure we continue to fulfill the charitable intent of donors and adapt to the ever-changing challenges
The Community Foundation will be open until 5:00 PM on Friday, December 29 to assist with your year-end giving needs.
Contact us today at 812-232-2234 to learn how best to give this year-end, whether through cash, credit cards, securities, IRA, or wire and ACH transfers. We’re ready to assist you!
Available in Clay, Sullivan and Vigo counties | Matching dollars limited
MEMORIAL CONTRIBUTIONS BLYTHE ALDERTON
Stephanie M. Welsh & Garrett A. Pendergast
ARLEY GLASGOW ANDREWS
Wright, Shagley & Lowery, P.C.
ERIC S. ANSHUTZ
Clarence Brink Tom & Betty Clary Connie L. Francis Terry & Beth Tevlin Wright, Shagley & Lowery, P.C.
MARY ANN ARNETT
Blaine & Carrie Bolyard
LEONARD S. “STEVE” ARNOLD Mrs. Sandra Treaster
REBECCA “BECKY” BADGER Bob & Susan McCammon
CATHERINE BELL
Stephanie M. Welsh & Garrett A. Pendergast
JOYCE ELAINE BOYLL
STEPHEN “STEVE” L. CRAIG Mark Howell & Heather Jarrett
ERNESTENE CRAWFORD Cynthia Geyer
ROBERT “ROB” CROOKS
Blaine & Carrie Bolyard
TREVA DALE
Dave & Janet Friedrich Terry & Beth Tevlin Bob & Cheryl Wright
RONALD EUGENE DEPASSE
Wright, Shagley & Lowery, P.C.
JOHN W. DINKEL, JR.
Janie & Dave Williams Family
PETER ANTHONY DUONG
Anonymous Dr. & Mrs. Peter M. Nalin
KRISTIN FLESCHNER
Wilkinson, Goeller, Modesitt, Wilkinson & Drummy, LLP
Christina Bauer Bill & Tina Maher Lauren Sullivan Meyer Terry & Beth Tevlin
JOAN M. BROWN
BRETT FLOWERS
Ken & Gretchen Brown Robert J. Brown Angie Ford
VIRGINIA BUELL Henry Buell
PATRICIA A. HOUSER CHRISMAN
Wright, Shagley & Lowery, P.C.
CAROLE ANN COLLINS
Mrs. Barbara A. Vogel
BETTY ROSE CORNELIUS
Wright, Shagley & Lowery, P.C.
BRADLEY “BRAD” K. COULSON
Blaine & Carrie Bolyard
3
Ted & Judy Kraly
MAX GIBSON
Sharron R. Jolly & Sammie D. Robinson, II Don & Gail Nattkemper Kris Newlin Wright, Shagley & Lowery, P.C.
RAYMOND GODDARD
John S. & Kris Newlin
JAMES “ACE” HARRISON GREGG, JR.
Anonymous Gretchen Barron Freitag-Weinhardt, Inc. Helen Kellett Tracie & Travis Layne Gerard & Michelle Lehner
Technical Services Department, Indiana State University Cunningham Memorial Library: Melissa Gustafson, Valentina Muyumba, Barbara Austin, Debra Taylor, Debra Robinson, Andrew Swearingen & Holli Moseman
SHIRLEY ANN KISER
Bruce Lautenschlager Richard Montgomery Kiara Williams
KATHY KNOX
WILLIAM “PEAT” NATHAN MOSSBARGER
CLEOTIS JUNE (HALL) HAMILTON
Fred & Nancy Nation
Blaine & Carrie Bolyard
GARY HARRISON
Stephanie M. Welsh & Garrett A. Pendergast
MARIAN HARRISON
Don Harrison
BETTY JUNE HASSLER
Wright, Shagley & Lowery, P.C.
BRUCE HAVENS Neil V. Garrison
SUSAN HELMAN Terry & Beth Tevlin
ALYSSA MECHELLE HOGUE Marcia Curran
SUSAN KAY (GRAHAM) HORTON
Cynthia M. Cox
ANDREW “ANDY” WAYNE IRWIN
Acorn Ridge Reception Barn Duke Energy Darrell L. Evans Darla Jean Harmon Tom & Pam Irvin Angie & Frank Kuckewich Brad McMahan Danny Sebastian Tallman Equipment Company, Inc. Whitetails Unlimited, Inc.
CORRINE IRWIN
Mark Howell & Heather Jarrett
COACH WILLARD KEHRT James Hammond
Wright, Shagley & Lowery, P.C. Dianna Knox
TILLIE KULINSKI
Fred & Nancy Nation
JOYCE (SHANKS) LAKEY
YVONNE CHAREST LONGFIELD Don & Nancy Hunt Donna Kutcher
JACK LOWER Ernie Hisle
JOHN RICHARD “DICK” LUBBEHUSEN
Fred & Nancy Nation
CINDY HUX MARTIN
Terry & Beth Tevlin
LANA MARTINDALE Steve Martindale
SCOTT RUTHERFORD MAY Wright, Shagley & Lowery, P.C.
KENNETH W. MCCLARA
Carolyn McClara
LAURA BROOKE MCDONALD Mary Catherine Gephart
BRADLEY “BRAD” S. MILLER Fred & Nancy Nation Don & Gail Nattkemper Wright, Shagley & Lowery, P.C.
NELLIE LOUISE MILNER
Wright, Shagley & Lowery, P.C.
KATHRYN “KATHY” ANN MODESITT Amy & Santhana Naidu
BRYAN MONTGOMERY
Anonymous Michele Cacdac Jones
Richard & Alice Shagley Wright, Shagley & Lowery, P.C.
JOHN S. NEWLIN
Barbara Alcock Anonymous Jayne & Charles Begerman & Family Mr. & Mrs. Jim Boland Michael & Julie Cahill Patrick & Mary Cahill Susie & Jim Colligan Ralph & Janice Cutter Drummy Family: Bill, Jamie, Erin, Becky & Brian Kathleen Drummy Mike & Sherry Eldred Friends of Carolyn Newlin (St. Clement School) Jackie Gibson Douglas & Margot Gillespie Naomi Greggs Mary Lundstrom Kelly & John Sheldon Bob Levy & Kathy Alexander John & Karen Lukens Bill & Tina Maher David Matthews Associates, Inc. Dave & Jennifer McNeely Patrick & Carolyn Monaghan Fred & Nancy Nation Don & Gail Nattkemper Teddy Perry Mary Caye Pfister Greg Phegley Hazel & Dave Robinson Mark & Cyndi Roman Bob & Holly Sanders Mrs. Donald Scott Sara Swan Terry & Beth Tevlin Tom & Jenny Thomas Sue & Phil Welch Stephanie M. Welsh & Garrett A. Pendergast Donna Williams Sharon Woelfle
JO ANN NICKELS Wright, Shagley & Lowery, P.C.
SHARON NICOSON Sue Treadway
NORTHVIEW HIGH SCHOOL CLASS OF 2013 DECEASED MEMBERS Northview High School Class of 2013
DR. PULKIT J. PATEL
Clarence Brink Quinton Campbell Reena Campbell Sara Figueroa Joan FitzGibbon Katherine FitzGibbon & Daniel Rasay Neesha & Tom FitzGibbon Jane & Kent Jewett Family Aria Jogee Laila Jogee Rishi Jogee Tata Jogee Anjalie Kulkarni Eric & Melissa Long Ameet Patel Babubhai Patel Bina Patel & Michael Slind Harish Patel Mradula & Shashikant Patel Nimesh Patel Pratiksha Patel Sarita Patel & David Meyers Sujata Patel & Sunil Kulkarni Smita Ramolia Mukesh & Jackie Shanker Sylvia Tarbell Gracemarie & Peter Trombetta Patrick & Grace Walker
DR. DONALD PELL Wright, Shagley & Lowery, P.C.
PATRICIA PAPINCHOCK PFRANK Janet Mullen
ROBERT M. PRICE Mrs. Joan L. Ingram Ann & Mike Kelley Ms. Carol D. Myers
NATALIE A. PUGH Henry Buell Joseph S. Taylor
JUNE 1, 202 3 – O C TOBER 31, 202 3
WILLIAM “BILL” L. PURCELL
Treg & Meghan Shidler
RILEY MARTIN RANDALL
Anonymous Yvonne Avary Michelle Roseff Beachkofsky Billy Burkle Kristin VanHorn Dotlich Sarah Huff Engel Pamela K. Federle Cristie A. Fitzjarrald Tiffany Garrett Jess Good Sara S. Hayes Jacqueline Kennard Angie Oakes Jennifer Roudebush Sue Royer Kerrie Stamm Nate VanSell Margretta J. Wilson Wright, Shagley & Lowery, P.C.
JACK D. REECE
Mike & Sienna Hayes Susan & Ron Hinsenkamp Carol Hogg Romala & Kevin Kumpf Tracey & Brad Laubert TC & Taleen Newlin Tom & Laurice Newlin Otroszko Family Katrina & Eric Pender Barbara Richey Jesse, Roseann & Jamison Richey Kemp Richey Randy & Melissa Ridge Traci, Melissa, Mandee, Angie, Kim, Lacey, Wendy, Joe & Kathy Jim & Carolyn Trueblood Jordan Wolfe
DEBBIE ROBBINS Ann & Tim Coriden Elizabeth Oshel
KENNETH ROMAN Kris Newlin
Wright, Shagley & Lowery, P.C.
JULIE ROMAS
ROXANNE RICHEY
RACHEL MARIE ROMAS
Ampacet Corporation, R & D Center Sue Campbell, Shannon & Tara Martha Clark Irving Haber, DO & Lana Haber
Sam & Jo Ligget
Shannon Call Ryan Liston Lindsey Richardt Laura Rodgers Amanda Twombly Liz Wrighthouse
HONORARIUMS ALL THOSE AFFECTED BY THE MARCH 31, 2023 TORNADO Thyssenkrupp
DONALD L. DECKER’S RETIREMENT
Wright, Shagley & Lowery, P.C.
JUDITH EIFERT
Ginther Siblings: Martha Reinert, Frances Ginther, Mary Ginther-Oss, John Ginther, Fran Crawford & Father Rick Ginther
GARRETT SANDS Sherry Frets
HELEN MARIE SANTILLI
Wright, Shagley & Lowery, P.C.
WILMADEAN SCHEPPER
Gretchen Rhoades
THOMAS KEIR & SHIRLEY ANN SCHMUECKER
Richard & Alice Shagley
DONALD “DON” W. SCOTT Bill Allen & Susan Moriarty Patrick & Mary Cahill Jim & Bev Cristee Douglas & Margot Gillespie John S. & Kris Newlin Mrs. Barbara A. Vogel
MERITA WILLS SEBRING
Sullivan High School Class of 1964
GENE SHIKE
Mr. Bradley Shike & Ms. Paula Fricchione
LEROY SHIPLEY
Curt & Linda Brighton Patty & Bill McCarty Dennie & Terri McGuire
Brad & Amy Mullins Patrick & Julie O’Leary Mark & Cyndi Roman Terre Haute Fire Department Local 758 Wright, Shagley & Lowery, P.C.
JUDGE JOHN P. STELLE
KENNETH F. SMITH
Tom & Clara Thompson
Ann M. Smith
PLEN G. SMITH
Kris Newlin Wright, Shagley & Lowery, P.C.
SHIRLEY STEVENSON
SHERRIE RUKES SULLIVAN
Wright, Shagley & Lowery, P.C.
Sue Treadway
HENRY STADLER, IV Janie & Dave Williams Family
CARL WILLIAM “BILL” STALLCOP
David & Aubrey Charron North Bedford Church of Christ Pfister & Company, Inc. Donald & Carol Piggush Rabb & Howe Cabinet Top Company Phil, Bryan & Rose Rabb Theodore & Jennifer Robison Sean & Dana Stephens The Peterson Company Watler Accounting CPAs, P.C. Amanda & Chad Wilson
TOM SWAN Kris Newlin
JOHN & VICKI SWITZER
Dr. J. Matt Switzer
WILLIAM GLENN “BILL” TENNIS
Anonymous Steve & Beverly Blair Janice Fellows Dave & Janet Friedrich Gropp Family Dianne Hadley Louis & Janet Harmening Jay & Elizabeth McHargue Mr. & Mrs. Craig McKee Amy & Santhana Naidu John & Ruth Nasser Mary Caye Pfister David Piker
Don & Serena Shook & Family Michelle Smith Bill & Sally Stewart Caleb & Anna Tennis Jim & Karen Walker
WILLIAM “BILL” J. TREASH Wright, Shagley & Lowery, P.C.
KAREN B. HIRES FOOR VACHERLON Mark Howell
LINDA K. VICKERS Martha Brinton
MICHAEL “MIKE” PAUL WEBSTER Sharron R. Jolly Terry & Beth Tevlin Wright, Shagley & Lowery, P.C.
JAMES R. WIESNETH
Wright, Shagley & Lowery, P.C.
CHARLIE WILLIAMS
Douglas & Margot Gillespie
KIMBERLEY FOWLER WULF
Mrs. Jeanne Fowler
NEW FUNDS
JACK HILL
Sara Simmons
ETHAN KIRSCH
Jamey & Jennifer Kirsch
JAMEY KIRSCH Kitty Ater
JAMES OWEN Janet & Rodger Owen
PAM PULLEY Mark Pulley
KRISTIN A. FLESCHNER MEMORIAL FUND FRIDAY FAMILY FUND WILBURN E. & BARBARA A. JONES FAMILY FUND BRYAN MONTGOMERY MEMORIAL SCHOLARSHIP FUND HAWKINS NEES SCHOLARSHIP FUND DR. PULKIT PATEL MEMORIAL FUND ROBERT M. PRICE ENDOWMENT FUND ROXANNE RICHEY MEMORIAL FUND TERRE HAUTE PARKS DEPARTMENT PROJECT FUND - FRISBEE PARK 4
Give the Gift of Giving Charitable giving during the holidays is a wonderful way to help your community and make the most of your end-of-year tax benefits. Yet, during the rush of the holiday season, how to give can sometimes become as overwhelming as where to give. To help make your holiday giving easier, here are seven tips from the Community Foundation for making a lasting impact with year-end giving.
1 Give where you live. What better way to see the impact of your charitable support than to give to nonprofits and other community organizations making a difference in the place you call home?
2 Consider gift “bundling.” You can bundle several years’ worth of support for your favorite causes or organizations with a single, yearend gift to a donor-advised fund. Gift bundling enables you to lock in support to achieve your long-term charitable goals while realizing the full tax benefit during the 2023 year.
3 Give with your IRA distribution. Making a Qualified Charitable Distribution (QCD) from your IRA is an
easy way to donate. A QCD is an abovethe-line tax deduction that can satisfy your required minimum distribution. See page 6 for details!
4 Be mindful of tax benefit limits. According to the Internal Revenue Service, generally, you may deduct up to 60 percent of your adjusted gross income, but other limitations apply in some cases.
5 Give before midnight strikes! For charitable contributions to count toward the 2023 tax year, they must be made by 11:59 PM on December 31. Credit card charges processed before the end of the year are deductible in that year. Also, checks written and
post-marked before the end of the year are deductible in 2023, even if the checks are cashed next year.
6 Contact your professional adviser to help clarify your best giving strategy. It is always important to consult your financial adviser to fully understand the ramifications of year-end giving.
7 Consult with philanthropy experts at the Community Foundation. We provide expert guidance to identify the best opportunities for you to accomplish your charitable goals, right here in the Wabash Valley. Contact us at 812-232-2234!
CO N T R I B U T I O N F O R M - W I N T ER 202 3
V Yes, I want to leverage the $2-for-$1 unrestricted match! Enclosed is my contribution of $
This gift is for:
V Clay County V Sullivan County V Vigo County
To receive an acknowledgment of your gift, please fill out the information below: Name
Address
City
State
Telephone
This contribution is:
Zip
V in memory of or V in honor of
Please notify the following individual of my gift: Name
Address
City
State
Zip
Please send this form and your contribution to: Wabash Valley Community Foundation, 200 South 8th Street, Terre Haute, IN 47807. Donations can also be made online at wvcf.org/donate.
B OARD O F DIREC T O RS 202 3 Lea Anne Crooks, Chair Stacey Mason, Vice Chair
Summer Long, Treasurer Robert Brown, Secretary
Travis Behem Janell Chatman Sara Clark Jim Conner Brian Dougherty David Friedrich Conrad Koehler
Jerry Morgan Santhana Naidu Carrie Page Dee Reed Brian Ross Gary Ulrich
200 South 8th Street Terre Haute, IN 47807 Return Service Requested
The Wabash Valley Community Foundation is a tax-exempt public charity created by and for the people in Clay, Sullivan and Vigo counties. The Community Foundation enables people with philanthropic interests to easily and effectively support the issues and organizations they care about – immediately or through their estate plans.
wvcf.org | 812.232.2234
G I V E T O T H E CO M M U N I T Y F O U N DAT I O N T H R O U G H A Q UA LIFIED CH A RITA B L E D IST RIB U T I O N
The deadline for a required minimum distribution is quickly approaching!
By making distributions from your IRA directly to the Community Foundation,
If you are 72 or older and have not yet taken your required minimum distribution, consider using it to support one or more funds in the Community Foundation.
avoid paying income taxes on the distributions while supporting deserving causes through funds in the Community Foundation.
DECEMBER
31
Qualified charitable distributions allow donors to
you’ll gain the equivalent of a
dollar-for-dollar charitable contribution deduction on this year’s tax return.
These tax-free distributions can be large or small – from $10 to $100,000.
If you are 70 1/2 or older, you can also direct a one-time, $50,000 QCD to a charitable remainder trust or charitable gift annuity as part of the recently passed SECURE ACT 2.0 legislation.