N & N Mulzer Donor Advised Fund
Naomi Mulzer wanted to give back to her community. After all, her late husband’s family business, Mulzer Crushed Stone, had been supported by the Perry County community for decades.
Naomi had been involved with the Perry County Community Foundation for six years as a volunteer when she learned about the Lilly VI GIFT match program. She knew this was the perfect time to give back. “I knew that creating a fund in my husband’s name (Neil) would be a great way to donate to the community that supported his family business,” said Mulzer. “It would also be a great way to show his love for our community.”
Naomi created two funds with the Community Foundation, which were matched by the Lilly Endowment matching funds. Since both funds are endowed, the fund assets are invested, and a portion of the funds’ proceeds will go back into the community each year, in perpetuity.
The N & N Mulzer Donor Advised Fund (N & N stands for Neil and Naomi) allows Naomi the flexibility to donate to causes she cares about personally, by making recommendations on charitable projects or organizations she wishes to support. Since this fund is donor advised, multiple nonprofit organizations may benefit each year as Naomi recommends to which projects or organizations the fund’s annual grant money should be given.
Naomi also created the N & N Mulzer Unrestricted Fund. This is a Community Good fund that will provide funding for the community’s greatest needs each year. Though it’s unknown what the needs may be in Perry County in five, ten, even fifty years from now, this fund allows the grant committee to annually determine what grant applications and organizations are serving the most pressing needs in the community.
“I believe Neil would be proud to see the legacy of giving carried on by me and our three sons.” – Naomi Mulzer
The Community Foundation, too, is proud of her and their sons for entrusting the Foundation to help fulfill their charitable dreams. Because of Naomi’s generosity, generations to come will benefit from these gifts to the community. For good. Forever.