New Men’s Fund To Award First Impact Grant

Guys who get it done! That’s the maxim of the new Men’s Fund recently established at the Vanderburgh Community Foundation. The goal of the fund is to build grant resources for charitable endeavors that improve the community today while at the same time building an endowment that will strengthen the fund’s grantmaking capacity forever into the future.

The gifts of those who become members of the fund are pooled, allowing them the opportunity to award grants at a significantly greater level than individual giving might achieve. “The Men’s Fund is about the power of collective decision-making and collective philanthropy,” says Chad Sander, one of the founders of the Men’s Fund. “We want to encourage men to become agents of change by supporting charitable endeavors that will have a substantial impact on the community we all care about.”

On August 1, the Men’s Fund will begin accepting funding proposals from Vanderburgh County’s nonprofit community, and proposals are due on September 6. The fund’s grants committee will review proposals and narrow the applicant pool to three finalist organizations that will be invited to present their proposals to Men’s Fund members at their annual meeting in October. Members will cast their votes at the meeting, and the $8,000 impact grant recipient will be named the same night. The remaining finalists will each receive a $1,000 grant in recognition of the exceptional quality of their proposals. Guidelines and complete application instructions are available at www.vcfoundation.org.

Inspiration for the Men’s Fund came from the Women’s Fund of Vanderburgh County, which similarly empowers women to invest in a more sustainable nonprofit community through collective giving and responsible stewardship. “We have great admiration for the Women’s Fund as a grantmaking powerhouse in our community,” said Sander, “and we are excited by the challenge of creating the same kind of impact with the Men’s Fund.”