CFPC President Vicki Overmyer said, “Located just a block away from our current office, the sturdy house on the corner of Monticello and Spring streets is near the heart of the downtown and within easy access to key sites and businesses. The best part is that it will be the foundation’s own space for years to come!”

Gregg Malott, CFPC treasurer, agrees with the benefit of ownership versus renting for the foundation, and that the decision aligns with the organization’s emphasis on permanency and investing in the community. The property is being purchased with an operating reserve consisting of a combination of dollars received from Lilly Endowment in the foundation’s early years and interest. He emphasized the reserve was set aside years ago and does not include donor contributions.

“Just as CFPC encourages long-term planning and investing in our community, the purchase and ownership of the property illustrates the foundation’s plan and investment in the future,” Malott said.

A thorough renovation will take place over the coming months with the intent to begin operations from the new office in 2022. The foundation’s first office was established in 2001 on Main Street in Winamac, and moved to its current location on Pearl Street in 2006.

Community Foundation of Pulaski County is a 501(c)(3) nonprofit public charity and the philanthropic leader serving Pulaski County. Created in 1997 as part of a five-county affiliate, it became an independent community foundation in 2002 and will celebrate its 25 th anniversary in 2022. Learn more about CFPC at www.cfopc.org.