A new state income tax credit program for Illinois Donors: The Illinois Gives Tax Credit
As of January 1, 2025, Illinois donors can now receive a 25% state income tax credit for gifts made to eligible permanent endowment funds at Qualified Community Foundations. Galesburg Community Foundation is proud to be approved by the Illinois Department of Revenue as a Qualified Community Foundation, as required for the Illinois Gives Tax Credit […]
Year-End Giving and Granting
The holiday season is here, and it’s time for year-end giving and granting. Here are a few reminders to keep in mind as you finalize your year-end plans.
Galesburg Community Foundation Earns National Standards Re-Accreditation from the National Council on Foundations
Galesburg Community Foundation recently received National Standards re-accreditation from the National Council on Foundations. Community Foundation National Standards establish legal, ethical, effective practices for community foundations everywhere. Galesburg Community Foundation originally earned accreditation in 2010. Accreditation must be re-established every three years through a comprehensive assessment process, requiring community foundations to document their policies for […]
Galesburg Community Foundation Celebrates Addition of Henderson County into Service Area
Galesburg Community Foundation is proud to announce its service area will now include all of Henderson County. To celebrate this milestone, the Community Foundation has awarded grants to thirteen nonprofit organizations located in or serving Henderson County. In partnership with the Twomey Foundation and the Cavins Family Foundation Fund, a total of $100,000 was awarded […]
5 Reminders for Year End Giving
As the year comes to a close, now is a good time to take a moment to reflect on how you can make a difference in your community. One way to make a positive impact is by donating in honor of a friend or loved one. It’s a gift that always fits perfectly! Here are […]
Nonprofit Endowment Fund Holders Gather for Presentation on Growing Funds
Bryan Clontz, of Charitable Solutions, LLC., recently presented a workshop for Galesburg Community Foundation nonprofit endowment partners focused on endowment building with a limited staff and/or limited budget.
Grant Collaborations Supports New Building at the Fairgrounds
When the Galesburg Community Foundation was approached by the Knox County Fair board to help fund a new temperature-controlled building on the Fair grounds, the team recognized the impact this project could have on the community. The Fairgrounds had previously served as a testing and training site for emergency responders. “Establishing a centralized space for […]
Scholarships assist local students in pursuing their dreams
Madison Springer, a recent Galesburg High School graduate, dreams of the day she can own her own bakery and serve as a hub for her community. A scholarship administered by Galesburg Community Foundation puts her one step closer to achieving these dreams. Madison received the Doloras M. Ryner Business Scholarship, which is awarded to a […]
Two Scholarships for Galesburg High School students now administered by Galesburg Community Foundation
Galesburg Community Foundation will now be administering two scholarships for Galesburg High School seniors, the Dolores M. Ryner Business Scholarship and Verna May Sargent Scholarship.
