community foundation of morgan county

What community foundation of morgan county does

The Community Foundation of Morgan County (CFMC) is a 501(c)(3) nonprofit community foundation established in 1990 and headquartered in Martinsville, Indiana. It serves as a philanthropic intermediary for Morgan County, managing charitable funds on behalf of individual donors, families, and organizations, distributing grants to vetted local nonprofits, and administering scholarship programs for high school students. The foundation holds the National Standards Seal from the Council on Foundations and operates as the primary community foundation chartered to serve the county.

CFMC's core service offerings include donor-advised funds, designated funds, field-of-interest funds, scholarship funds, and planned giving vehicles (bequests, charitable gift annuities, charitable remainder trusts, life insurance beneficiary designations). It also operates two giving circles, 100+ Women Who Care and Guys Who Give, which pool member contributions for quarterly grants to local nonprofits. Technology is third-party: SmarterSelect for scholarship applications and FCSuite for online donations. There are no proprietary technology systems. The foundation partners with local schools (Martinsville, Monrovia, Mooresville, Indian Creek), community organizations (Kiwanis, Rotary), and advisory firms (Pendill Wealth Management, Baird) to deliver programs.

The foundation's revenue model is nonprofit charitable giving: it receives donations, bequests, and grants, and deploys them through scholarships and community grants. Administrative fees on fund balances are not publicly disclosed. A critical revenue concentration exists with Lilly Endowment, which has provided major GIFT (Giving Indiana Funds for Tomorrow) cycle grants, including $1.5 million in GIFT IX community project grants in 2026 and a $1 million GIFT VIII matching grant completed in 2025. In 2026, CFMC awarded 87 scholarships worth over $175,000 and disbursed $1.5 million in GIFT IX grants to nonprofits addressing childcare, affordable housing, and food insecurity across Morgan County.

Name

community foundation of morgan county

Legal name

The Community Foundation of Morgan County

Website

https://cfmconline.org

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

The Community Foundation of Morgan County is a 501(c)(3) nonprofit founded in 1990 that manages charitable funds, donor-advised funds, and scholarship programs for Morgan County, Indiana residents, distributing grants to local nonprofits through giving circles and Lilly Endowment GIFT initiatives.

Ownership category

akta.pro rank

Product category

Community Foundation Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300)

akta.pro industry

PRIMARYBPAGAKAB

Community Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAA

Private Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAE

Public Charities & Grantmaking Intermediaries

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYEDADAHAC

Scholarship & Fellowship Foundations and Trusts

Education/Education Administration, Accreditation & Policy/Education Funding, Grants & Financial Aid Administration

SECONDARYBPADAOAB

Grantmaking & Philanthropic Funds (Institutional Donors)

Business & Public Services/International Organizations & Development/Donor Coordination, Grantmaking & Development Finance Programs

Keywords

• Community philanthropy
• Charitable fund management
• Scholarship administration
• Donor-advised funds
• Community grantmaking

Headquarters

HQ city

Martinsville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Donations and Charitable Giving: The foundation receives donations from individual donors, families, and organizations who wish to establish charitable funds, scholarships, or legacy gifts. Donors contribute cash, securities, real estate, and other assets to support community causes.
2. Fund Management and Grant Making: The foundation manages donor-advised funds, field-of-interest funds, designated funds, and scholarship funds. They distribute grants to nonprofits and scholarships to students, with administrative fees typically assessed on fund balances.
3. Planned Giving and Estate Services: The foundation offers planned giving options including bequests, charitable gift annuities, charitable remainder trusts, donor advised funds, and life insurance beneficiary designations. These create future revenue streams while providing tax benefits to donors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

The Community Foundation of Morgan County manages charitable funds, administers a centralized scholarship application program for local students, awards community impact grants and giving-circle grants to vetted Morgan County nonprofits, and offers planned giving services. It connects individual, family, and corporate donors to community causes through donor-advised, designated, field-of-interest, and scholarship fund vehicles, supported by online donation processing through FCSuite.

Product overview

The Community Foundation of Morgan County (CFMC) operates as a philanthropic services organization offering a portfolio of fund management products and giving programs. The core offerings include scholarship programs administered through an online application system, various fund types (donor-advised, designated, field of interest, and scholarship funds), and competitive grant programs. The foundation also facilitates two giving circles—100+ Women Who Care and Guys Who Give—that pool member contributions and leverage foundation matching to award substantial grants to local nonprofits. Additional services include planned giving consultations with downloadable educational resources, a community resources directory, and a podcast series highlighting community impact. All services are focused on benefiting residents of Morgan County, Indiana.

Differentiator

Problem solved

Functional benefit

Products and services

• Donor-Advised Funds Charitable giving accounts where donors contribute assets and receive immediate tax deductions while retaining advisory privileges over grant distributions to vetted nonprofits.
• Field of Interest Funds Undesignated funds that support a specific charitable purpose or geographic area, allowing the foundation board to respond to emerging community needs in Morgan County.
• Designated Funds Funds that support specific charitable organizations selected by the donor at the time of fund creation, with distributions directed to those named nonprofits.
• Scholarship Funds Designated funds that provide post-secondary scholarships to high school seniors, non-traditional students, or current college students in Morgan County.
• CFMC Scholarship Application System Online scholarship application platform that pairs Morgan County students with eligible scholarship funds using a single application, eliminating the need to apply separately to each fund.
• Lilly Endowment Community Scholarship Program Competitive scholarship program for Morgan County students who reside and attend school in Morgan County, providing full tuition and fees for Indiana colleges through the Lilly Endowment.
• 100+ Women Who Care Giving Circle Quarterly giving circle where members contribute $100 per quarter, with the foundation tripling each donation to award grants of $15,000 to over $34,000 to local Morgan County nonprofits.
• Guys Who Give Giving Circle Quarterly giving circle for men who commit $500 annually, with grants awarded to Morgan County nonprofits through a competitive nomination and voting process; sponsored exclusively by Pendill Wealth Management.
• Planned Giving Program Legacy giving services including bequests, charitable gift annuities, charitable remainder trusts, donor-advised funds, and gifts of real estate, stocks, and life insurance, supported by educational e-booklets.
• Community Impact Grants Competitive grant program supporting nonprofits serving Morgan County, including the 2026 Community Impact Grant and special grant cycles funded by Lilly Endowment GIFT initiatives such as GIFT IX.
• Lilly Endowment GIFT IX Community Project Grant Special grant cycle under the Lilly Endowment GIFT IX initiative awarding $1,500,000 in community project grants to nonprofits serving Morgan County's highest needs, plus a $1.5M matching grant for unrestricted grantmaking accounts.

Quantifiable outcome

• 87 scholarships worth over $175,000 awarded in 2026 alone
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor, core and moderate.

• Fairway Team TurleyminorOthersCorporate sponsor displayed on foundation website partner section.
• Martinsville Golf ClubminorOthersCorporate sponsor displayed on foundation website partner section.
• Fred Law OfficeminorOthersCorporate sponsor displayed on foundation website partner section.
• Martinsville (Baird Wealth)minorOthersCorporate sponsor displayed on foundation website partner section.
• Pendill Wealth ManagementcoreGTM or Marketing PartnerExclusive corporate sponsor of Guys Who Give Morgan County giving circle. BJ Pendill serves as sponsor, providing support for quarterly grant meetings and nonprofit selection events.
• Mooresville KiwanismoderateStrategic or Co-development PartnerCommunity organization that provides scholarship funding through the foundation for Morgan County students.
• Martinsville RotarymoderateStrategic or Co-development PartnerCommunity organization that provides scholarship funding through the foundation for Morgan County students.
• Porch TimemoderateStrategic or Co-development PartnerOrganization that provides scholarship funding through the foundation for Morgan County students.
• Mooresville SchoolsmoderateStrategic or Co-development PartnerEducational partnership includes funding for Student Resource Center at high school, early literacy initiatives (One Book, Five Schools program), and non-competitive annual grants ($3,000). The foundation provides ongoing support for college and career readiness goals.
• Center for Excellence in Leadership of Learning (CELL) at UIndyminorStrategic or Co-development PartnerProvided Early College High School accreditation to Mooresville High School, enabling students to earn Indiana College Core credits transferrable to Indiana colleges and universities.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Others

• Council on Foundations: National membership organization for philanthropic entities that issues the National Standards Seal held by CFMC. Ecosystem participant and standards-setting body rather than a direct competitor.
• Lilly Endowment Inc. Private philanthropic foundation that funds Indiana community foundations through the GIFT initiative. Not a competitor but the dominant institutional funder and ecosystem anchor for Indiana community foundations including CFMC.

Direct peers

• Monroe County Community Foundation: Indiana community foundation serving Monroe County with donor-advised funds, scholarship administration, and grantmaking. Comparable scale and operational model with Lilly Endowment GIFT participation.
• Hendricks County Community Foundation: Indiana community foundation administering charitable funds, scholarships, and competitive grants for Hendricks County residents. Closely comparable in structure, geographic scope, and donor engagement model.
• Hancock County Community Foundation: Indiana community foundation providing donor-advised funds, scholarship administration, and competitive grantmaking in Hancock County. Closely comparable single-county charter, fund offerings, and GIFT program engagement.
• Hamilton County Community Foundation: Indiana-based community foundation administering donor-advised funds, scholarships, and competitive grants in a single county. Highly comparable operating model, fund structure, and Lilly Endowment GIFT participant profile.
• Johnson County Community Foundation: Neighboring Indiana community foundation serving Johnson County with similar scholarship programs, donor-advised funds, and Lilly Endowment GIFT participation. Directly comparable in scale, mission, and program mix.
• Boone County Community Foundation: Indiana community foundation serving Boone County with charitable fund management, scholarships, and competitive grants. Comparable in geographic scope, operating model, and Lilly Endowment GIFT participation.
• Putnam County Community Foundation: Indiana community foundation administering charitable funds, scholarships, and competitive grants for Putnam County. Comparable rural-county community foundation model with similar fund types and Lilly Endowment involvement.

Broad incumbents

• The Community Foundation of Greater Indianapolis: Largest Indiana community foundation, operating across multiple counties with significantly greater AUM and broader program scope. Comparable in mission and product offerings but substantially larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CFMorganCounty
• Instagraminstagram.com/cfmorgancounty
• LinkedInlinkedin.com/company/community-foundation-of-morgan-county

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about community foundation of morgan county