Program Related Investment Fund
Based on information provided in a survey of local charitable organizations and in conversations with executive directors, issues of cash flow quickly surfaced as a major concern. The Community Foundation then focused on the most equitable and effective way to help the NFPs, their employees and the clients they serve.
With a generous gift from the Community Foundation's supporting organization, the Marajen Stevick Foundation, a Program Related Investment Fund was established. Intended to bridge the gap between state funding and organizational expenses, nonprofit organizations in east central Illinois are encouraged to consider this service.
To access the necessary documents, please click on the following links:
Posted Dec 13, 2010