Five New Funds at Midland Area Community Foundation to Benefit the Community

butterfliesThe Midland Area Community Foundation is proud to announce that five new funds were opened to benefit Midland County this month. “This is a record number of new funds in one month,” said Jan McGuire President and CEO of the Midland Area Community Foundation.  “It’s such a pleasure to see the community really stepping forward.  Clearly the sense of place created in Midland, the strength of our local economy and the historical legacy of philanthropy in our community has created a culture of giving.”

The new funds benefit a variety of causes, from a new scholarship opportunity to a fund supporting the new Drug Court.  “The sheer variety of funds we’ve just opened is a testament to the strength and diversity of our community foundation,” said Craig McDonald, Board Chair of the Midland Area Community Foundation. “A lot of people know about our grants and our scholarships.  But the Foundation is also a philanthropic tool that anyone in our community can leverage to impact the causes they are most passionate about.  From education to the arts to local social needs, the community foundation is a great vehicle to help concerned citizens make a difference.  This month’s new funds at the Foundation are a perfect example of the long-term thinking and innovation by our community members.”

There are a variety of fund-types at the Foundation including; Unrestricted Funds , Donor-advised, Field-of-interest Funds, Designated Funds, Organizational Funds, and  Scholarship Funds.  Anyone can open a fund at the Foundation with the minimum $5,000 or start a pinecone fund, a fund designed to grow over time to reach the minimum.

The new funds are as follows.

The communityGives Project Fund provides an opportunity for elementary through high school age students, through school groups, sports teams and service clubs, affiliated with a non-profit 501(c)(3) organization or public or private school district, to earn grant funding for priority projects through volunteerism.  The grants are for youth organizations that complete a volunteer project.

The Midland County Drug Court Fund supports the mission and operations of the Drug Court program.

The Matthew Shephard Endowed Scholarship Fund will provide an annual scholarship award to a graduating senior from Meridian High School who participated in the band program with a GPA of 3.5 or better.

Chemical City Band Endowment Fund supports the mission and operations of the Chemical City Band.

The Arnold Center Endowment Fund, in memory of Amy VanDeMark, will provide grants in support of the Arnold Center's annual ice cream social for their participants.

The new funds are all supported by community donors and administered through the Midland Area Community Foundation.  For more information about any of the new or existing funds at the Foundation, visit midlandfoundation.org or call 989-839-9661.