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Marion Community Foundation

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February 25, 2016 by [post_author_posts_link_outside_loop]

Our Newest Funds

Pamela Stone United Way Impact Fund

The Pamela Stone United Way Impact Fund has been established in honor of newly retired Executive Director of United Way of Marion & Wyandot Counties, Pamela J. Stone. Pam has been part of the United Way family for more than 20 years, 17 of which as executive director. Because Pam has been such a valuable part of the community, the Board of Trustees and staff wanted to do something to show their appreciation of her visionary leadership. In honor of Pam’s retirement, her love for United Way, and her long career supporting education, income, and health initiatives, this fund has been established in her name. The fund is intended to provide resources for programs that focus on education, income, and health – which United Way believes are the building blocks for a successful life. 

George & Norma Jacob Charitable Fund

This donor advised fund honors Norma Jacob, the mother of Marion Community Foundation’s President and CEO Dean Jacob, and his late father, George.  It is intended to support and fund programs and organizations which provide food and clothing to low-income individuals and families in need. It was created with an IRA Charitable Rollover made possible by the PATH Act of 2015.

Three Sisters Nursing Scholarship Fund

This anonymous scholarship fund was created to support nursing students from the Marion area. Recipients must live in and have attended school in Marion for a minimum of two years and be pursing an Associate Degree or above in nursing and qualify for a license as a Registered Nurse. 

Marion Noon Kiwanis Club Scholarship Fund
The Marion Noon Kiwanis Club created Marion Community Foundation’s first organizational endowment in 2002. In 2015, they transferred their scholarship fund, open to seniors and graduates of any high school in Marion County, to the Foundation for management.

Forever Remembered Charitable Fund
Similar to the Community’s Memorial Scholarship Fund, Forever Remembered is an unrestricted fund which awards community grants. Those wishing to honor a loved one can do so by contributing to Forever Remembered. Honorees will be recognized for the year in which gifts are made in their name.  Awards will begin when the fund reaches a minimum of $5,000. Sponsorship of this fund is welcome and available.

Joe & Peggy Casey Memorial Scholarship Fund
Created by Jay Casey and his siblings, this scholarship honors the memory of their parents. Scholarship awards will support higher education for students from Marion County high schools in the top 25 percent of their graduating class and active as student golfers.

Youth Engaged in Philanthropy Scholarship Fund
This scholarship adds another layer to the philanthropic lessons available to the high school juniors and seniors in our youth council, Youth Engaged in Philanthropy.  Members learn how a scholarship program functions, evaluate applications and recommend awards to the Board of Directors.

David R. Campbell & Diane K. Campbell Charitable Fund
The Campbell Charitable Fund is a donor advised fund in which its namesakes and their family will direct annual grant awards. Originally from Cincinnati, the Campbells have called Marion home for many years, as have their sons. David and son, Ryan, are with Stifel Nicolaus. Diane has taught at MARCA for 18 years. Son Bradley is a local OB-GYN physician.

Women’s Club Home Endowment Fund
This new endowment supports the historic preservation, education and arts programs of the Marion County Federated Women’s Clubs, Inc.  The Club Home, a fixture on East Center Street, was built by Shauck Barlow, president of Huber Manufacturing Company.

Caledonia Alumni Scholarship Fund
Recognizing the expertise of Marion Community Foundation’s management of scholarship funds, the Caledonia Alumni Association transferred their fund to the Foundation this year. The fund was created by many alumni of the Caledonia school and supports seniors and graduates of River Valley High School with their college expenses. Special consideration is given to those whose parents or grandparents attended the former Caledonia School.  

Cliff Edwards Fund

Cliff Edwards, chief executive officer of the Center Street Community Health Center in downtown Marion, created this unrestricted fund for the future benefit of the Marion area. It is what is known as an Acorn Fund and will begin making grants as part of Marion Community Foundation’s annual Community Grants Program as soon as the fund’s principal reaches the minimum required level for distributions. Like most of the Foundation’s funds, it is open to additional contributions and accessible via the Foundation’s online giving web page at www.MarionCommunityFoundation.org.

Smith-Brown Family Fund
Created by the family of Paul and Lois Smith, this donor advised fund honors multiple generations of their family. It will award grants annually as recommened by the family’s fund advisors – Susan E. Brown, Megan Brown Bond, Stephanie Smith Williams, and Melissa Brown Murphy – as designated by the fund’s founders, Paul and Lois Smith, William E. and Denice Smith, and Tom and Susan Brown.

Janis & Greg Swepston Family Fund
In memory of his wife, Janis, Greg Swepston created a field of interest fund.  Janis, who passed in 2013, was the Marion Public Library’s children’s librarian for 30 years.  Given her love for reading and young people, it is no surprise that the fields of interest for this fund will be literature and elementary education, as well as live theater, the performing arts, and animal welfare. Grants will begin in 2017.

Rick & Nancy Poorman Fund and Poorman Palace Theatre Fund
Created by its namesakes, Rick and Nancy Poorman of Marion, this fund is an example of maximizing ones options. Not only did the Poormans utilize a gift of stock to create their fund, they applied to the matching gift program at Whirlpool Corporation (where Rick works) and leveraged this avenue to double the fund’s principal! Likewise, the Poormans created a designated fund to support the Marion Palace Theatre – also with a gift of stock and matching funds from Whirlpool.

Emanuel Lutheran Church Endowments:
–Charlotte E. Dennison & Alvin K. Sanford
–Dorothy M. Hall & Donald F. Ulrich
–Marion L. Apple & Thomas James Helwig
–Good Samaritan
–Norman W. Fogt & Donna Ruth Fogt

Emanuel Lutheran Church continues to move some of their congregation’s funds to Marion Community Foundation.  Each of the organization/agency funds listed above will provide grants annually to support Emanuel Lutheran Church in perpetuity. Grants will begin in 2017.

Laura Rush & Tom Rosol Nursing Student Scholarship Fund
Created by MTC graduate Laura Rush and her husband, Tom Rosol, this fund supports the educational endeavors of students seeking to enter the nursing profession. Recipients will be high school graduates attending Marion Technical College.

Mary Ellen Withrow Scholarship Fund and Norman Withrow Golf Scholarship Fund
Marion’s “favorite daughter,” Mary Ellen Withrow, the 40th Treasurer of the United States, created a scholarship fund for female students from any Marion County high school, with special consideration for those pursuing the fields of finance or political science.  
Mary Ellen’s husband, Norm, an accomplished golfer, created a scholarship fund for students from any Marion County high school who participate in varsity golf.  Both scholarships will begin awards in 2017.

Dr. Robert & Christine Haas Family Fund
Bob Haas, Dean of Institutional Effectiveness at Marion Technical College, and his wife, Chris, longtime Executive Director of Marion Adolescent Pregnancy Program, have created a donor advised fund.  Grants will begin in 2017.

YZ Charitable Fund & YZ Community Fund

Both of these funds were created by a donor who wishes to remain anonymous. Both are also Legacy Funds, meaning that they were created with a small gift and the naming of the fund as a beneficiary of the creator’s estate.  When fully funded, at the donor’s passing, the YZ Charitable Fund will be a designated fund with seven designated beneficiaries. The YZ Community Fund will be an unrestricted fund and give our Grants Committee another much appreciated source from which to make our annual competitive grants to the community.  The recommendation to create of these two funds came via the creator’s attorney and financial advisor; we appreciate their efforts and dedication to Marion Community Foundation.

Harper-Stuckey MTC Scholarship Fund

Retired administrator Andy Harper created this fund in 2009 to support nontraditional students wishing to attend Marion Technical College. This year, Andy changed the name of his fund to honor the late Lois Stuckey, a long-time educator in the Marion City Schools and mother of Mike Stuckey, director of MTC’s Student Resource Center. Memorial contributions for Lois added $3,000 to this fund.

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