Through philanthropic services, strategic investments, and community leadership, Steuben County Community Foundation helps people support the causes they care about, now and for generations to come. The Steuben County Community Foundation, incorporated in 1991, is a nonprofit organization with assets totaling more than $28 million.
- Community foundations are public charities that share a common goal: improving the quality of life in their geographic areas.
- Community foundations are repositories for permanent endowments. Income earned on the endowments is granted to nonprofits. The principle of the endowments is never spent- only the income earned on the investment of the principal.
- Individuals, families, businesses and organizations create permanent charitable funds to help their region meet its needs. The foundation invests and administers these funds.
- Community foundations are overseen by a volunteer board of leading citizens and run by professionals with expertise in identifying their community's needs.
- Community foundations often facilitate community wide conversations about important community topics such as affordable housing, education or health care.
- Community foundations are a resource for nonprofit organizations, providing grants and technical assistance training in a wide variety of areas.
- The first community foundation was founded in Cleveland in 1914. Today, there are community foundations in nearly 50 countries, with more than 700 in the U.S. and 94 in Indiana.
Steuben County Community Foundation Founding Board Members
From left to right: Neal Patterson, F. Mayo Sanders, David Ballinger, Charles Sheets, Carl Akers, James Stock, and Mike Zdyb