Community Foundation for the Land of Lincoln

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Young Philantrhopists / cfll.org

The Future Fund is and endowment that has awarded $69,000 to programs that help youth through a competitive application process.  

cfll.org

We're talking philanthropy as the season of giving approaches.  One way to give is through a community foundation.  Charitable funds are established, allowing individuals to make sure their gifts follow their wishes.

To give you an idea on how to get started, John Stremsterfer joined us for an interview.  He's the President and CEO of the Community Foundation For The Land of Lincoln:

WUIS

Who doesn't need some help paying for the rising cost of college.  But the price of tuition can be an obstacle to many students wanting to continue their education. 

CFLL

  For the Community Foundation for the Land of Lincoln, it's all about philanthropy.  

The Young Philanthropists in Sangamon County has hit the decade mark.  

WUIS

Time flies when you're doing good things.  The Young Philanthropists in central Illinois Springfield is marking its 10th year.  

The Community Foundation For The Land Of Lincoln approached people who were interested in philanthropy, but had not started. That's according to the Foundation's Vice President of Programs Stacy Reed. 

"It's just a way for people to pool their resources," she said. "Everyone contributes $125 to an endowment fund."

CFLL

It was 100 years ago that community foundations began.  It was in Ohio.

"It was actually a banker from Cleveland who thought,there's all these charitable trusts being formed.  If we consolidated these it could be more efficient for philanthropy," said John Stremsterfer, President and CEO of the Community Foundation for the Land of Lincoln.  

Based in Springfield, it serves Sangamon, Cass, Christian, Logan, Menard, Morgan, and Montgomery counties. The organization helps match donors with specific causes. 

WUIS

Sarah Beuning calls it the "snowball" effect. 

"Young Philanthropists is a giving circle at the Community Foundation for people who want to get involved in philanthropy at kind of an early level," she said.  "The more people who get together, the bigger impact we can have."

Every member gives $125 and the money is pooled and grants are awardedThe next round will be going out soon. A deadline of Nov. 3 is coming fast for those who work with children and want to apply. 

The week spotlights these groups that help connect philanthropists with various causes.  Locally, the Community Foundation for the Land of Lincoln manages 126 funds with a total of $17 million in assets. 

Sean Crawford/WUIS

You don't have to be old to give to worthy causes.  In fact, there is a group in the area known as the Young Philanthropists, which provides grants for various needs in the community.  All you have to be is over 21 years old and you can join simply by giving 125-dollars a year.  

Micah Roderick, on the Steering Committee of the Young Philanthropists, and Stacy Reed, Vice President of Programs with the Community Foundation for the Land Of Lincoln, spoke with WUIS' Sean Crawford:

While most say the county is a good place to live, work and raise kids, it's not all a rosy picture.  It found crime is a concern, most want better roads and additional events like outdoor festivals and farmer's markets.  But overall, the reviews were positive. 

Dr. Ashley Kirzinger is Director of the University of Illinois Springfield Survey Research Office which called and asked residents more than 100 quality of life questions.  She says it was surprising to find younger people have a brighter outlook for Sangamon County.