Supporting Organizations

What is a Supporting Organization?


A Supporting Organization is an alternative to a private foundation for philanthropically minded individuals and families. As a Supporting Organization of the Community Foundation Alliance this entity would have tax exempt status as a public charity with a separate identity with its own mission and board of directors.

Our Supporting Organizations

Evansville Endowment Fund

The Evansville Endowment Fund originated in 1994 when former Mayor Frank McDonald II proposed that $5 million of revenue from the gaming boat be invested in a way that would serve the City of Evansville forever.


After an extensive study of investment options by the Mayor and the City Council, the decision was made to establish the endowment fund as a “supporting organization” of the Community Foundation Alliance.

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Alliance Initiatives Fund

In 2001, the Alliance created the Alliance Initiatives Fund, a tool for handling unusually large grants and complex gifts. The fund was first used to accept a $19.9 million grant made possible by Lilly Endowment’s Community Alliances to Promote Education (CAPE) initiative.


In 2005, the Alliance Initiatives Fund also received a second grant of $7.2 million in as part of Lilly Endowment’s CAPE initiative, to help sustain the programs initiated with the first CAPE grant.

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