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Featured Fund
The volunteer Boards governing the Vandalia-Butler Foundation and VISIONS have agreed to promote some of the previously established Vandalia-Butler Foundation funds that benefit the students and teachers in the Vandalia-Butler City Schools, with VISIONS in order to increase publicity for all those endowments. Ultimately, the students will be the beneficiaries!
What is a Fund?A FUND is the basic building block of a community foundation. Funds are named for their purposes, for their donors or as memorials. Most of the funds operate as perpetual endowments, distributing only their net income in the form of grants. Others distribute principal, either at specific times set forth at the fund’s creation or at the suggestion of the fund advisors. Almost any charitable purpose can be served through a fund within the Vandalia-Butler Foundation. The funds described in this report have been created by individuals, businesses and organizations. They represent the growing history, begun in 1985, of the Vandalia-Butler Foundation and exemplify our donors’ commitment to society and to community philanthropy. The funds will continue to give, in our donors’ names, for generations to come. Any individual, organization or business may make a contribution to these endowment funds. By making a contribution to an existing fund, a donor’s gift will join others for maximum charitable benefit. |
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