Officials are entering the 10th year as fiscal agent for Stayin’ Alive, the county drug-free coalition. After being fiscal sponsor for Canoefest for the past seven years, its leaders have applied for nonprofit status so they took care of their own finances. According to the director, “We recently finished administration of the 18-month Indiana Place Based Investment Tourism Grant that came to the town.”
Income from Sept. 1, 2012-Aug. 31, 2013, was $635,737, she reported. After expenses of $509,024, FCCF had a net gain of $126,713. Net assets total $3.12 million. Because contributions and grants made to the foundation totaled over $187,000, “we were able to award over $97,000 in grants and scholarships.”
When asked about a wish list, Lunsford answers, “We were very fortunate in the past year to get a contribution from an estate that allowed us to update the office a bit. We had the walls painted and purchased new desks for Tina and me. The one thing that we would like to be able to do in the future is get new flooring in our kitchen and bathroom. These two rooms still have the original flooring from when our building was used by People’s Trust Bank.”
The director reminded open house attendees, “Last year I mentioned that we had received a nice bequest during the year. Well, we got word earlier this year of another nice bequest that was left to us.” Because the philanthropy came after the end of the fiscal year, these funds will show up in next year’s annual report.
“We are so very proud and excited that our donors have shown such trust and faith in us by putting us in their estate plans. This shows us that our donors are noticing the great things that we are doing and that they want us to be able to continue our good work.”