News
Three New Funds at CFMJC
Community Spay/Neuter Fund
August 18, 2011 - The Madison-Jefferson County Humane Society and several in
dividual donors established the Community Spay/Neuter Fund to expand current efforts to save pets, reduce overpopulation and relieve the burden on our local animal shelter. The Humane Society currently supports a variety of low-cost, area spay/neuter programs and cooperates with numerous agencies such as Bridges for Animals, Jefferson County Animal Shelter, Kentucky Humane Society, area rescue groups and veterinarians.
The Humane Society has established a goal to substantially increase the number of spay/neuters by both increasing availability of spay/neuter options, which are available to all citizens, and reducing the cost. The organization believes the establishment of this new endowment at the Community Foundation makes it possible to fund a program that can someday support spay or neuter services for every pet in the county.
Bob and Brenda Eversole Endowment
Mrs. Brenda Eversole established this new fund in memory of Bob Eversole of Madison who passed away in February with memorial gifts from family and 
friends. Bob was raised in Mitchell, Indiana and was an accomplished high school athlete in several sports. He was a 1973 graduate of Northwood Institute with a Bachelor of Science degree in Business Administration. He was a senior claims adjuster for the Cincinnati Insurance Company.
Bob moved to Jefferson County in 1975 with his surviving wife, Brenda who he married in 1970 in Paoli, Indiana. The Eversoles had one daughter; Sarah B. Andrews of Columbus, Indiana; and one granddaughter, Ava Maxine Andrews of Columbus, Indiana.
Bob and Brenda have been supporters of various organizations and causes often times making the children of the community the beneficiaries of their philanthropy. Brenda served on the Community Foundation’s Board of Directors from 1992 to 1996. The Eversoles made the decision to establish a permanent fund at the Community Foundation to create a legacy that will benefit Jefferson County for many generations to come. This endowment is a donor-advised fund, meaning that Bob’s family will recommend to the Community Foundation how grants from it should be used, most likely to benefit the children of Jefferson County.
Heritage Trail Conservancy Endowment
The Heritage Trail Conservancy, using a generous donation from Grote Industries, established this endowment. The purpose of this fund is to provide 
perpetual enhancements for Heritage Park, a crucial component of the Madison’s Heritage Trail Greenway.
The Riverfront Walk and the Heritage Trail converge at Heritage Park, located at Vaughn Drive & Vernon Streets. The park’s features will include indigenous trees and plant material, habitat enhancement, and a living river interpretative center, all maintained and constructed by environmentally friendly practices.
Owned by the Heritage Trail Conservancy (HTC), Heritage Park is a dream that is becoming a reality. The HTC is a volunteer based organization dedicated to the preservation and management of the natural, scenic, historic and cultural resources associated with the Heritage Trail Greenway.
Community Foundation Meets State & National Standards
July 22, 2011 - Earlier this month, The Community Foundation of Madison and Jefferson County, Inc. was reconfirmed as in compliance with the Ethical and Operational Standards for Indiana Community Foundations. Leaders of the Indiana community foundation field created the Standards in 2000 to aid community foundations in establishing legal, ethical, and effective operational practices that would demonstrate transparency and financial responsibility. The Community Foundation of Madison and Jefferson County was last confirmed in compliance with the Standards five years ago.
In order to achieve Confirmation of Compliance with the Standards, community foundations must undergo an extensive review of their organizational and financial policies and procedures. The review is performed by trained, experienced community foundation practitioners, coordinated through the Indiana Grantmakers Alliance. Additionally, Indiana community foundations which successfully earn Confirmation of Compliance through this process are also recognized as being in compliance with the National Standards for U.S. Community Foundations.
"The Community Foundation of Madison and Jefferson County takes seriously the trust that is placed with us by every donor. The State and National standards provide a benchmark for foundations and we are proud to have met those standards," stated Mark Wynn, Chairman of the Board.
Intended both as a blueprint for internal organizational development and as a tangible set of benchmarks for external assessment of performance, both the Indiana Standards and the National Standards address six key areas of community foundation operations:
* Mission, Structure and Governance, including standards defining board accountability, compensation, independence, fiduciary responsibility and representation of the community.
* Resource Development, including parameters for administration of funds, disclosures to donors and commitment to building long-term resources for varied community issues and causes.
* Stewardship and Accountability, covering prudent investment and management of funds, transparent record-keeping, use of funds for their intended purpose, annual audits and public availability of financial information, including standards related to due diligence and community responsiveness.
* Grantmaking and Community Leadership, including standards related to broad and open grantmaking programs, due diligence and responsiveness to changing community needs.
* Donor Relations, encompassing guidelines for informing, educating and involving donors in responding to community needs.
* Communications, including openness to public scrutiny and frequent communications about activities and finances.
Founded in 1991, the Community Foundation of Madison and Jefferson County has approximately $18 million in assets and manages nearly 150 funds. Over a 20-year history, the Community Foundation has awarded over 3,300 grants and scholarships totaling nearly $8 million. If you would like to learn more about the Community Foundation and how you can make a difference in Jefferson County, visit the Foundation’s office located at 214 E. Main Street in Madison, call 812.265.3327, or email info@cfmjc.org.
20th Anniversary Gift Matching Program
How does the Gift Matching Program work?
May 6, 2011 – The Gift Matching Program is designed to help our donors increase the size of the funds that matter most to them.
For every dollar donated to any unrestricted endowed fund, the Community Foundation will match it 100% (up to $1,000 per donor).
For every dollar donated to any other type of endowed fund, the Community Foundation will match it 50% (up to $1,000 per donor).
What is the difference between an unrestricted endowed fund and other types of endowed funds?
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Unrestricted Endowed Funds
Unrestricted Funds provide grants to organizations for
new projects, services and capital needs; support
existing programs whose funding may be at risk; and
serve as a reserve fund for the community’s
emergency needs.
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Other Types of Endowed Funds
Examples of other types of Endowed Funds include
Scholarship Funds, Field of Interest Funds, Donor
Advised Funds and Designated Funds established to
provide support to specific organizations.
How long will the Gift Matching Program be in place?
The match will automatically be applied to any gift to any endowed fund received beginning May 6, 2011 through July 31, 2011 or until the Community Foundation’s matches total $30,000.
For More Information:
A list of funds is available on our website - which offers the convenience of online gift giving:
www.cfmjc.org
Call us at 812-265-3327 or stop by our office at 214 E. Main Street, Madison.
20th Anniversary Celebration to be Held May 6th
March 9, 2011 – The Community Foundation of Madison and Jefferson County will be holding our 20th Anniversary Celebration on Friday evening, May 6th at the Clifty Inn Overlook Room. Invitations to the event will be mailed in early April. "We are looking forward to sharing this special evening with donors, volunteers, nonprofit organizations and others in the community who have contributed to the Community Foundation reaching this milestone", stated Bill Barnes, President & CEO. The Community Foundation was officially formed on April 29, 1991. For information about this event or the Community Foundation, please contact us at 812.265.3327.
Betty S. Wynn Memorial Fund to Benefit Teacher Professional Development
February 3, 2011 –Mr. Vernon Wynn of Deputy recently established a new endowed fund in memory of his wife, Betty S. Wynn, who passed away last year. Grants from the Betty S. Wynn Memorial Fund will support professional development for business teachers at Madison Consolidated High School. Mr. Wynn also established a non-permanent fund to provide two years worth of grants while the endowment is growing.
Mrs. Wynn received a BS from Eastern Kentucky State Teachers' College in Richmond, Kentucky, received a Masters Degree from Indiana University at Bloomington and she was a member of Delta Pi Epsilon, a National Honorary Professional Graduate Society in Business Education. Her professional career included 25 years teaching business subjects at Deputy High School, Paris Crossing High School and Madison Consolidated High School. Upon retiring from MCHS, she taught at Ivy Tech in Madison.
Mr. and Mrs. Wynn were married on August, 15, 1954 and had one daughter and two sons. The Wynns owned and operated a family farm and the Madison Dairy Queen for many years. She was a member of the Deputy United Methodist Church where she taught Sunday school and volunteered for vacation bible school. Her great joy later in life was spending time with her six grandchildren.
Anyone can make a gift to this fund in any amount at anytime. If you would like more information about this fund, please contact Bill Barnes at 812.265.3327.
