Impact

The Evansville Endowment Fund, established in 1994 following a proposal by former Mayor Frank McDonald II, serves as a public charity dedicated to benefiting the City of Evansville through strategic investments from gaming revenue. As a distinct legal entity under the Community Foundation Alliance, it has provided significant funding to local nonprofits, supporting a variety of community projects for nearly 30 years.

With a commitment to enhancing the quality of life in Evansville, the fund has distributed $505,000 to 23 charitable organizations this fiscal year alone. Focus areas include affordable housing, youth support, and museum upgrades, with an emphasis on fostering collaboration and effective grantmaking through streamlined online processes.

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