Washington, Indiana The Daviess County Community Foundation recently accepted a $10,000 gift from the owners of the Cherry Tree Plaza, to establish a new Community Good or unrestricted endowment fund.
“The beauty and strength of the new Cherry Tree Plaza Community Fund is the flexibility that the fund will provide in addressing a broad range of local needs, including future needs that often cannot be anticipated,” says Mary Smith, Foundation Director.
According to the ownership of Cherry Tree Plaza, the company wanted to meet and support the ever-changing needs of Daviess County and found a solution with the Community Foundation. Recognizing that Daviess County is developing quickly, with many changes, the ownership of the shopping center stated, “We cannot accurately predict those changes, but by working through the Foundation, we can be assured that we are helping to address the needs of Daviess County, both today, and for many years to come.”
The Cherry Tree Plaza Community Fund will provide support for the Foundation’s annual discretionary grant program, which last year awarded $115,000 to 14 charitable organizations for 16 different projects. The grants were based on the Foundation’s funding priorities of arts and culture, community development, education, health, human services, and other civic endeavors, such as the environment, recreation, and youth development.
Cherry Tree Plaza is a 143,000 square foot shopping center located on Business Highway 50 in Washington, Indiana. Co-tenants include: Jay C Foods, Southern Wireless, Anytime Fitness, New Wave Communications, Jimbo’s, Smooth You Medical Spa, Eyeworks, Nail Salon, Hibbett Sporting Goods, Goody’s, Perk Up, Traderbakers, and Orscheln Farm and Home.
About the Daviess County Community Foundation
Established in 1993, the Daviess County Community Foundation is a charitable resource devoted to the local community. A partner of the Community Foundation Alliance with input from a local 16-member volunteer advisory board, the Foundation is made up of a collection of permanent funds, established by caring people who give back to causes and organizations in the community. Gifts to the Foundation leave a permanent legacy through the power of endowment, where earnings are used to make grants and scholarships that benefit the community forever. The Daviess County Community Foundation helps people make a difference where it matters, invest in the future of the community they love, and create greater good together. The Foundation’s office is located at 320 East Main Street in Washington. To learn more, call 812-254-9354 or visit www.CommunityFoundationAlliance.org/Daviess.