2024 Winter Newsletter

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LEGACY

dedicated to our counties: TOTAL ASSETS SURPASS $112 MILLION

10 TH LARGEST COMMUNITY FOUNDATION IN INDIANA

11,000+ GRANTS AWARDED

93 % OF TOTAL ASSETS ENDOWED

$27.2M IN GRANTS AWARDED

The Wabash Valley Community Foundation has reached an extraordinary milestone—surpassing $112 million in total assets—making us the 10th largest community foundation in Indiana. This achievement is a testament to the incredible support of over 13,000 donors who have helped us build a lasting legacy of community care since our founding in 1992.

Our mission from the beginning has been to create and grow endowed funds that provide permanent, ongoing support to enhance the quality of life for residents in Clay, Sullivan and Vigo counties. Thanks to your support, nearly 93% of our total assets are now endowed, ensuring that the principal of these funds remains intact while interest proceeds can be used for grants that benefit our communities for generations to come. Since our founding, we have awarded over 11,000 grants totaling more than $27.2 million to support critical programs in areas such as arts, education, social services, mental health, disaster relief and so much more.

13,000+ DONORS

3,000+ SCHOLARSHIPS AWARDED

770+ FUNDS

$15.9M IN SCHOLARSHIPS AWARDED

The generosity of individuals, families and businesses has also made it possible for us to award over 3,000 scholarships, totaling more than $15.9 million, to help students from our three counties pursue their dreams of higher education. We are especially proud of the more than 770 funds established by local individuals, families and businesses to support these efforts. These include donoradvised funds, field of interest funds, scholarship funds, agency endowment funds and unrestricted community grant funds that allow us to respond to the ever-changing needs of our region.

As we move into 2025, we are excited to work with donors, corporate partners and local nonprofits to invest in the future of the Wabash Valley. In working together, we can make a lasting difference in the lives of those who need it most.

To learn more, please call the Community Foundation at 812-232-2234.

PASSION FOR IMPROVING COMMUNITY LEADS

TO A LIFETIME OF SERVICE AND PHILANTHROPY

A local couple desiring to address the needs of the Wabash Valley has made a significant gift to the Community Foundation. Gary and Judy Schomer’s generous donation will supplement a family endowment fund they started several years ago and will be tripled through the $2-for-$1 match.

“God blessed us with the opportunity (and obligation) to share,” explained Gary. “We have many great organizations working to help our community with current needs. While we will continue to share in those efforts, we wanted to build this fund because it is geared to helping others forever.”

“ GOD BLESSED US WITH THE OPPORTUNITY (AND OBLIGATION) TO SHARE.

Both Terre Haute natives, the couple shares a passion for their community, having decided years ago to remain here to raise their family. Having been involved as a volunteer with the Community Foundation, Gary understands the impact that endowment funds can have since the original principal remains invested while the proceeds are utilized for grants.

Gary and Judy Schomer ”

“The Community Foundation has successfully funded various opportunities for improvement in the Wabash Valley and is organized to help fund our community’s needs and improvement forever,” added Gary. “That is exactly our goal.”

If you would like to take advantage of the $2-for-$1 matching opportunity, contact the Community Foundation at 812-232-2234.

YEAR-END GIVING OPPORTUNITY TO MAKE A LASTING IMPACT

With only a few weeks left until year-end, we want to highlight an incredible opportunity for those who wish to make a meaningful impact. Through Lilly Endowment Inc.’s Gift VIII initiative, donations made to our unrestricted community grant funds may be eligible for a 2:1 match—$2 for every $1 you give. This match will help grow our endowment funds by more than $5 million, increasing our ability to provide $200,000 in additional grants each year. But the matching funds are limited and will only be available until December 2025, or until the matching funds are depleted.

Our unrestricted community grant funds serve as a vital resource for addressing local needs as they arise. Whether responding to natural disasters, supporting programs to combat food insecurity, or funding projects for historic restoration, these flexible funds enable us to direct resources where they are needed most.

Your gift, no matter the size, will help us continue to support local nonprofits, educational initiatives, disaster relief and much more. It is the collective power of many, giving together, that allows us to achieve such extraordinary things. In our community, gifts of all sizes—whether $3 or more than seven figures—combine to create lasting change. Thanks to the generosity of caring residents, we can provide financial resources where they are needed most. This year, we invite you to make a gift that will have a lasting impact on the future of our region. Together, we can continue to build a brighter tomorrow for our neighbors, children and families.

To take advantage of the Gift VIII match, or for more information on how you can make an impact, please contact us at 812-2322234 or visit wvcf.org.

TRIBUTES

JUDITH ANNE CONNER

JOHN “RICK” ABRELL

Wright, Shagley & Lowery, P.C.

ALL THOSE WHO WALKED THE HALLS OF GHS THAT ARE NO LONGER WITH US

William Shassere

MARY ALLEN

John & Rita Knotts

CLIFTON “CORKY” ASHBY

Tom Fox

NORMA BABBITT

Mrs. Sandra Treaster

SAM BAKER

Wright, Shagley & Lowery, P.C.

LINDA C. BALLARD

Mark Howell

GUY BEIZILE

Wright, Shagley & Lowery, P.C.

BEN BOWEN

Dave & Janet Friedrich

MARTHA BRADBURY

Brad McMahan

Harold & Malinda Medsker

ROBERT “BOB” BROWN

Becka Chickadaunce

Lea Anne & John Crooks

Ken & Su Menefee

Rick & Kelli Miller

Jill & Mark Peterson

Jaime & Shawn Schroeder

Dave & Cheryl Smith

Terry & Beth Tevlin

Jenifer Wright

CHRIS BURK

Rick & Kelli Miller

JOSEPH B. CARD

Suzanne & Troy Helt

Jerry & Paula Hochstetler

Fred & Nancy Nation

CONNIE SUE CARTER

Wright, Shagley & Lowery, P.C.

MARTHA ANN

CLARK

Wright, Shagley & Lowery, P.C.

Wright, Shagley & Lowery, P.C.

PETER T. EKSTROM

Norma Beymer

Gloria Jackson

PEO Sisterhood,

Chapter Dr

Clay Wilkinson

DENNIS EVERS

Fred & Nancy Nation

ANNA MAE FAGG

Summer & Greg Long

BETTY FALES

Tom & Clara Thompson

RUTHIE FORD

The Family of Dixie Rudy

CHARLES ROBERT FOX

Josh Lyons

Richard & Willis L. Watson

PATTI ANNE GARRETT

Wright, Shagley & Lowery, P.C.

GORDON K. GECKELER

Wright, Shagley & Lowery, P.C.

VIRGINIA GILMAN

Betty Pech

STEPHAN R. “DICK” HARDEN

Wright, Shagley & Lowery, P.C.

HUNTER

HARRISON Don Harrison

MARIAN HARRISON

Don Harrison

JAMES EDDY

HATCH

Judith Hatch

ALAN MERLE

HATCH

Judith Hatch

VERNON HENDRICKS

Bob & Susan McCammon

JAMES HOLLER, BAND DIRECTOR

Janet Schleier

VIRGINIA HOLLEY

Mark Howell

TRACY HUNT

John & Tammy Delph

DON JENNERMANN

Fred & Nancy Nation

DONALD P. JENNINGS

Donna Allen

Betsy & Dick Frank

Arlene & Gary Giffel

Linc & Kathy Hobbs

Phyllis & Jim Kopachy

The Pattersons

Fred & Nancy Rubey

Don & Wendy Shroeder

MARY JENSEN

Bill Carls

The Drummy Family, Bill, Jamie, Erin, Becky & Brian

MARY KELLYCLASS OF 1953

Lori Kinney & Ed Helton

CAROL SUE KILGORE

Wright, Shagley & Lowery, P.C.

ROBERT FRANCIS KNIERIM

Robert A. Knierim

LAVERN “VERN” & SHARYLIN KNOCK

Jerry & Paula Hochstetler

BETTY JANE LONG (REECE)

Wright, Shagley & Lowery, P.C.

HENRY MADLEY

Terry & Beth Tevlin

JEFFREY MICHAEL MALLOY

Wright, Shagley & Lowery, P.C.

JUDY MAXWELL

Terry & Beth Tevlin

BRIAN MICHAEL MCCORMICK

Wright, Shagley & Lowery, P.C.

DICK & MARY

MCCULLOUGH

Mike McCulloughMike’s Kitchen Gallery

CAROLYN “SUE” MCDONNALL

Margaret Cox Family

Elizabeth Oshel

DON MCMAHAN

Don & Nancy Hunt

ANN MUNDELL

Michelle Faulkner

Rhonda Fry

Michele Glotzbach

Jane Haywood &

Judy Markle

Kidwell Family

Leah Rutenberg

Jesus Bazan Villicana & Monica Lim

MICHAEL JOHN MURPHY, PH.D.

Wright, Shagley & Lowery, P.C.

Jan & Bill Wright

JOHN S. NEWLIN

Katy Smith

CHUCK NICHOLS

Fred & Nancy Nation

DAVID WAYNE NICKEL

Wright, Shagley & Lowery, P.C.

BARRY O’KEEFE

Bob & Susan McCammon

KEVIN R. O’MALEY

Bill Carls

DR. PULKIT J. PATEL

Anjalie & Ravi Kulkarni

Madhur Kulkarni

Sujata Patel & Sunil Kulkarni

JOE PERIGO

Fred & Nancy Nation

VINCENT EUGEN PFISTER

Wright, Shagley & Lowery, P.C.

DORIS LEE PIERCE

SHS Class of 1956

JENNY PIKER

Dave Piker

RAYMOND PIRTLE

Larry & Patti Mayfield

JOHN PLASSE

Bill Carls

KENNETH PUGH

Suzanne & Troy Helt

NATALIE A. PUGH

Anonymous

Joseph S. Taylor

PAUL REED

Amy & Santhana Naidu

JOHN F. ROBINSON

Jan Robinson

JIM ROGERS

Fred & Nancy Nation

LYNN & JULIE

ROMAS

Donna Allen

Julia Hoffa

Dan & Sonja Ullery

LYNN ROMAS

Donna Allen

Center Point Hardware

Friends

Phyllis Grey, Ron Grey & Randall Grey

Julia Hoffa

Mr. & Mrs. Jim McMichael

Karen Stearley

Dan & Sonja Ullery

RACHEL MARIE

ROMAS

Heather Burke

Janice Burke

Lindsey Richardt

Laura Rodgers

Amanda Twombly

Liz Wrighthouse

JEAN A. RUNNER

Janet Schleier

ROBERT SCHAFER

Bill Carls

EMILY SHAGLEY

Rick Shagley

PATRICK SINGHURSE

Wright, Shagley & Lowery, P.C.

TRAVIS J. SMITH

Thomas & Kimberly Miller

COLONEL BRUCE

ALAN STARKEY

Wright, Shagley & Lowery, P.C.

VICTOR C. STIEVENART

Wright, Shagley & Lowery, P.C.

LUCY STRAUCH

Terry & Beth Tevlin

JOHN & VICKI SWITZER

Dr. J. Matt Switzer

JANET BRADFIELD

THUNE

Dr. & Mrs. Richard Watson

SHIRLEY TOWNSEND

Bob & Susan

McCammon

Brad McMahan

PETER VARDA

Dawnelle Sullivan

RAYMOND

LOWELL WATTS

Suzanne & Troy Helt

William Krieble

Wright, Shagley & Lowery, P.C.

FRIAR MARK

WEAVER, OFM

CONV., ST. JOSEPH’S UNIVERSITY PARISH

Lynn Monroe

BRIAN WESNER

Constance L. Johnson

Wesner

SHIRLEY WHITTINGTON

Clay Business Women

LARRY MICHAEL “MIKE” WIBLE

Paul Vandergriff

DIANNA SMITH

WILLIAMS

Betty Pech

JAQUELINE WORK

Sue Treadway

BELA

Kathy Isbister

CURTIS BRIGHTON’S RETIREMENT

Templeton Coal Company

GERRY & JULIA HOFFA’S 60TH WEDDING ANNIVERSARY

Jane Byers

JAMIE WOODARD LAMB

Clint Lamb

BOB

MCCAMMON’S BIRTHDAY

Harmony Walsh

MALINDA MEDSKER

Scott & Lauren

Medsker

SIDDHARTH PATEL-MEYERS

Louie Ehrlich

Kathy Isbister

Jane Jewett & G inger Slind

Kalindi Patel Kumar

Sujeet Mehta

Lital Levy & Jonah Reisman

Marcia & Jerry Sarnow

Meha Senthil

The SpeckelmeyerHabbacke Family

Marisa Weisel & Matt Mahan

Stephen Weisel

TOM & CAROL TEMPLETON

David & Jennifer Templeton

BOOST YOUR IRA GIFT

USE YOUR IRA TO STRENGTHEN YOUR COUNTY!

The Community Foundation can assist you to benefit your county. Individual Retirement Account owners 70 ½ or over can order a transfer from their IRA directly to the Community Foundation. Gifts made are excluded from your gross income for federal tax purposes up to $105,000 and count towards your annual required minimum distribution (RMD) if one is due.

If your IRA transfer is to a new or existing designated or scholarship fund, this is a great way to start or grow your philanthropic legacy. However, if the transfer is to an unrestricted community grant fund, it will immediately leverage the match, tripling your IRA gift. Your new fund will award grants that strengthen nonprofit organizations, fund community enhancement projects and planning efforts, and provide rapid response to emergencies.

While only unrestricted community grant funds are eligible for the $2-for-$1 match, you may also use your IRA Rollover to create other forms of endowments to benefit your community!

To learn more, please visit wvcf.org/GIFT-VIII or call 812-232-2234!

NEW FUNDS

WAYNE R. ATKINSON MATHEMATICS SCHOLARSHIP FUND

BILL CARLS FUND FOR THE SWOPE ART MUSEUM

CLAY COUNTY 4-H COUNCIL FAIRGROUNDS FUND

DEBRA ANN SCHOMER COLLINS SCHOLARSHIP FUND

HALLECK FAMILY ENDOWMENT FUND

MARY KAY HOLVEY, BS RN NURSING SCHOLARSHIP FUND

CHRIS & SHIRLEY KOEHLER FAMILY FUND

PHIL & JENNIFER LINCOLN ENDOWMENT FUND

ROBERT & LEAH LOGSDON COMMUNITY ENDOWMENT FUND

BRAD & CONNIE MILLER FAMILY FUND

JULIA V. & FOREST E. MILLER SCHOLARSHIP FUND

HAWKINS NEES ENDOWMENT FUND

JAMES LAURENCE & BARBARA ANN PASSMORE COMMUNITY ENDOWMENT FUND

ALAN & SANDRA PIERCE ENDOWMENT FUND

PEGGY L. SANKEY SWAIM FUND

ANNA KATHERINE & WAYNE E. SCHOMER SCHOLARSHIP FUND

JUDY A. & GARY W. SCHOMER SCHOLARSHIP FUND

WILLIAM WAYNE SCHOMER SCHOLARSHIP FUND

SULLIVAN HIGH SCHOOL CLASS OF 2004 FUND

PETER R. VARDA ENDOWMENT FUND

RUTH & FRED WEAVER FAMILY VOCATIONAL SCHOLARSHIP FUND

SMART YEAR-END GIVING

Year-end is still a great time to give!

Even if you no longer itemize for income tax purposes, below are a few smart ways to consider making your gift.

1 2 3

Make a gift to a new or existing unrestricted endowment fund in the Wabash Valley Community Foundation. Lilly Endowment Inc. will match your gift $2 to $1 – tripling the impact your gift will have!

If you are 70 ½ or older, you can make a tax transfer of up to $105,000 from your IRA to the Community Foundation. Donors have told us they contribute their required minimum distribution (RMD) to charity to avoid paying income tax on it!

Transfer appreciated stock rather than writing a check. By contributing appreciated stock, you can avoid paying tax on the increase in value of the stock.

$2 -for- $1 matching funds

4

5

Create a nonpermanent Advised Fund within the Community Foundation and frontload the newly created fund with several years of charitable deductions. You can realize the tax benefit in the year you make the gift to your Advised Fund. You can time your charitable distributions to the charities you normally support over the next several years.

Make contributions to the organizations that are meaningful to you. Studies have shown that giving and volunteering are good for physical and mental health. Regardless of the tax impact, supporting charity is good for you and your community!

TRIPLE YOUR IMPACT

TRIPLE YOUR IMPACT TRIPLE YOUR IMPACT

Enclosed is my contribution of $

Please notify the following individual of my gift:

This contribution is: V in memory of or V in honor of

V I want to leverage the $2-for-$1 unrestricted match!

To receive an acknowledgment of your gift, please fill out the information below:

V I want to contribute to the fund.

This gift is for: V Clay County V

Lea Anne Crooks, Chair

Janell Chatman, Vice Chair

Travis Behem

Daniel Bradley

Sara Clark

Brian Dougherty

Karen Dyer

David Friedrich

Christopher Himsel

Summer Long, Treasurer

Conrad Koehler, Secretary

Dianna Knox

Jennifer Lincoln

Santhana Naidu

Ally Orwig

Brennan Randolph

Brian Ross

Aaron Warner

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.

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