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Central Kentucky Community Foundation and CASA of the Heartland are partnering to establish an endowment fund for the long-term benefit of CASA.
“CASA provides an extremely valuable service in our community and is fortunate to have a great staff, board and volunteers,” said Al Rider, president/CEO of Central Kentucky Community Foundation. “Now they focus on a new dimension in fundraising: looking long-term by starting an endowment fund.”
An endowment is a permanent gift. Only the earnings are distributed, establishing a revenue stream for CASA to help benefit the community.
“CASA of the Heartland is very excited to establish the CASA Endowment Fund in partnership with the Central Kentucky Community Foundation,” said Chris Ordway, CASA board chairman. “This local philanthropic opportunity made available through CKCF represents another very important sustainability milestone in the life of our organization and mission of representing the best interest of children caught up in abuse and neglect cases within Hardin County Family Court.”
CASA advocates for abused and neglected youths in the family court system.
Central Kentucky Community Foundation will assist CASA by matching money raised for the CASA Endowment Fund.
Endowment funds are a way organizations can plan for their future. Having a constant source of funding helps organizations respond to emergency needs, plan for the future and sustain their work.
Through CKCF, donors can support the CASA Endowment Fund and take advantage of Endow Kentucky, the 20 percent state income tax credit.
“What better way could a local individual or family leave a lasting legacy that will significantly impact our community’s most vulnerable citizens – its children?” Ordway said. “Our board members, staff and volunteer advocates encourage members of the Hardin County and surrounding community to consider the CASA Endowment Fund when making important philanthropy decisions.”