February 10, 2014. Odon, Indiana.
The Daviess County Community Foundation was recently selected to manage and administer a fund to support the charitable, educational or other exempt purposes for Parkview Village Christian Care in Odon.
According to Community Foundation Board President, John Dudenhoeffer, “We are honored to be of assistance to Parkview in this way. We applaud Parkview’s Director Gina Wagler and the Board of Directors, for their vision in partnering with the Community Foundation to manage this fund for the long-term stability of all their charitable efforts.”
According to Wagler, establishing the fund became a reality when a local donor stepped forward.
“We are very thankful for the support of Troy Stoll,” said Wagler. “His gift helps us take the first step to establish an endowment for Parkview.”
“Parkview’s work is a cause I care about,” said Stoll. “They are providing a service that enhances the lives of many in Daviess County.”
Using the Community Foundation allows donors to give to the causes and community in a way that lasts forever. By offering the power of endowment, gifts are invested to grow over time. Earnings from investments are then used to make grants that provide benefits forever.
Mary E. Smith, Director of the Community Foundation, said, “In addition to grants, Parkview Village Christian Care will receive several benefits from this investment with the Community Foundation. Our administrative fees are very competitive and there will be educational and promotional opportunities to grow the fund. Funds that we manage are listed on our printed materials, on our website, and are mentioned in our presentations making this information available to potential donors.”
“We congratulate Parkview and look forward to working with them to increase this asset,” added Smith.