Volume 15 - Fulfilling Charitable Wishes

posted Nov 3, 2016, 9:52 AM by North Judson-Wayne Township Public Library
While agency funds are set up by the agencies which those funds support, and donor-advised funds allow the donor to choose which organization they support each year, designated funds are a bit different. These funds still support charitable organizations of the donor’s choice, but rather than varying year-to-year which agencies they support, designated funds support the same charities forever!

When donors are really passionate about a cause, designated funds offer them reassurance that the organization they care about will have reliable income. Oftentimes, donors take advantage of the benefits of designated funds in order to support their church.

In 1998, Judge Marvin and Barbara McLaughlin created the North Judson United Methodist Church Trustees’ Building & Maintenance Fund. This fund helps to provide income for the maintenance of the North Judson United Methodist Church. This is one of the first funds set up with the SCCF! Barbara is an SCCF founder.

The North Judson United Methodist Church provides service to the community through many different ministries, including a food pantry and Kid’s Closet. Kid’s Closet helps to provide necessities, such as clothing and winter boots to children in need.

June Binkley, another SCCF founder, also set up a designated fund with the SCCF. She established the Binkley-Bales-Christoph Endowment Fund in 2003 in support of the Davis Wesleyan Church in Hamlet. This fund is in memory of her parents and family.

Another designated fund with the SCCF is a unique one because it supports three different Starke County agencies. This fund was created by Roger and Sally Ciapara in 2005, and it is called the Rosa of Indiana Fund. This fund supports the Starke County Council on Aging, Society of St. Vincent de Paul in North Judson, and the Starke County Humane Society in carrying out their charitable missions. The Society of St. Vincent de Paul in North Judson is an agency in relation to the SS Cyril and Methodius Catholic Church.

Donors choose to set up designated funds when they are passionate about a cause and wish to support that cause forever. In some cases, such as the Rosa of Indiana Fund, the donor may choose more than one agency. These funds may support all of those agencies yearly, or its support may rotate. Either way, designated funds help to fulfill donors’ charitable wishes.

Join us next week to learn about how some donors establish community funds, which touch so many different areas of need in Starke County! 

The Society of St. Vincent de Paul in North Judson is supported by a designated fund.

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