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About

The McDonough County Community Foundation was formed by McDonough County residents who are committed to building a permanent endowment that will help ensure there are monetary resources for projects and goals defined by our residents.

The fund will provide opportunities both for giving and receiving of grants to assist with local schools, nonprofits, municipal needs, and churches.

Once the fund is established, it will have the ability to make grants that address the communities needs and wants. The fund will be created to develop, support, and manage the gifts received by businesses, organizations, and individual estates.

COMMUNITY FOUNDATION DEFINITION:

A community foundation is a tax-exempt, independent, publicly-supported philanthropic organization established and operated as a permanent collection of endowment funds for the long-term benefit of a defined geographic area.  The foundation serves as a fiscal agent for distribution of charitable funds to defined non-profit community projects.   

PURPOSE:

The purpose of the MCCF shall be to encourage and receive gifts of money and property from donors.  The proceeds from these will be applied as directed by the donors.  In the event that it is impossible to carry out the donor’s request, the Board of Directors will utilize the proceeds for charitable purposes for the primary benefit of the people in McDonough County, Illinois.

MISSION: 

The McDonough County Community Foundation works to further philanthropy in a community-minded way with a commitment to good stewardship.

To create and preserve a community endowment. 

  1. To receive, invest and manage donations from individuals, businesses and organizations
  2. Identify needs and distribute funds to non-profit organizations that serve the needs of our community and follow the directive of the donor.     
  3. To provide trusted leadership and resource management that directly improves the quality of life in our community.

VISION:

The McDonough County Community Foundation enhances the quality of life for the residents of McDonough County through philanthropic giving. 

WAYS TO GIVE:

There are three ways to Give:
  1. Mail in a check to: McDonough County Community Foundation, PO Box 786, Macomb, IL, 61455.
  2. Schedule an appointment to learn how you can leave a give a gift to the MCCF through appreciated asset, grain, IRA’s and in estate planning.
  3. Give online: Coming Soon

TO CREATE A FUND:

The MCCF will work with individuals and businesses as well as their chosen financial advisor to establish a permanent endowment which will impact the people of the McDonough County area.  

The following information will assist with the process of establishing a fund:  

  1. Select the amount or asset to give – define the initial amount to start the fund
  2. Select when to give – a fund can be established by a specific person during their life, through a will or a trust agreement
  3. Select the name for the fund – the name of a fund can reflect a person’s name, a business name, or in memorial of someone. The name of the fund will be reflected in every grant that is bequeathed.  Funds may be anonymous. 
  4. Select the type of fund – a fund can be donor directed for a specific purpose or cause. The MACF Board of Directors is capable of directing funds if necessary.  The following are examples of specific non-profit areas of interest but are not limited to: arts, youth programs, education, civic affairs, environment, health and human services.

Download a printable PDF one sheet.

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