Monthly Archives: December 2021

Lilly Schackow of Lakeland High School Named 2022 Lilly Scholar

Lilly Schackow of Lakeland High Schools was surprised on Dec. 16, 2021, with the announcement that she was the 2022 Lilly Endowment Scholar.

Lillian Schackow demonstrates many of the qualities we seek in a future leader: motivated, hard-working, and engaged in the community. The selection committee was impressed by her service to her community and passion for her career goals.

Octavia Yoder, executive director of the LaGrange County Community Foundation

Lilly plans to attend Indiana Wesleyan University and study elementary education and special education. She is the daughter of Jason and Elisa Schackow of LaGrange.

This year 25 applications competed for the Lilly Endowment Scholarship. Five students were invited to the finalist round for a personal interview. After the field of applicants was narrowed down, nominees were submitted to the statewide administration of the Lilly Endowment Community Scholarship program, Independent Colleges of Indiana, for the selection of scholarship recipients.

The five finalists include Lillian Eash of Westview High School; Isaac Rogers of Westview High School; Kaylyn Gates of Westview High School; and Jackson Minix of Westview High School. Each of the finalists will receive a $4,000 scholarship from the Lambright Leadership Fund, established by Kevin and Carrie Lambright in 2014.

Year-End Giving Tips

There are many ways to integrate charitable giving into your financial planning at the end of 2021. The LaGrange County Community Foundation can help. Each of these options can help you make a meaningful difference! Be sure to make your gifts by the deadlines for a 2021 deduction (see deadlines below).

Leverage Your Gift: The Next 30 Years Matching Campaign

Leverage your year-end giving to endowed funds at the LaGrange County Community Foundation. The Foundation has set aside $30,000 to match gifts to permanent endowment funds. Donors can designate gifts to multiple funds; gifts will be matched one-to-one, up to a total gift amount of $3,000 per household/individual.

Gifts of Appreciated Stock

A gift of appreciated stock is a good option to benefit a nonprofit with a direct gift and benefit the donor with an income tax deduction and capital gains tax savings. To make a gift of stock, please contact our office at 260-463-4363. Stock gifts must be made by Monday, December 27.

IRA Qualified Charitable Distribution (QCD)

If you are 70 1/2 or older, you can make a gift from your IRA account to LCCF for the causes you care about. Gifts made from your IRA (up to $100,000 per year) are not taxable income. If you are 72 or older in the year of the distribution, your gift qualifies towards your RMD. If you are married, your spouse can also make a gift of up to $100,000 from his or her IRA, for a total of $200,000.

Gifts to donor advised funds are not eligible. You can contribute to designated, agency, field of interest funds at LCCF or to the Caring Community Grantmaking Fund (the unrestricted grantmaking endowment).

2021 Year-End Giving Deadlines

  • Last day for 2021 grant recommendations from donor advised funds: 10 a.m. Monday, December 27.
  • Gifts sent to LCCF must be postmarked no later than Friday, December 31.
  • Credit card gifts must be made before 12 midnight Friday, December 31.
  • Gifts of stock must be received in LCCF accounts by Monday, December 27.

Donor Advised Fund Holders

To ensure that your year-end grants are sent out by December 31, the deadline for recommending grants for 2021 is 10 a.m. Monday, December 27.

LCCF Holiday Schedule

  • Thursday, December 23 – closed
  • Friday, December 24 – closed
  • Thursday, December 30 – closed
  • Friday, December 30 – closed

All other days we will be available to serve you during regular business hours 8 a.m. – 5 p.m., Monday through Thursday, and Friday, 8 a.m. to 4 p.m. Please note, our office closes daily for lunch from 12-1 p.m.

Questions About Year-End Giving?

We invite you to contact Octavia Yoder, Executive Director, at 260-463-4363 or email oyoder@lccf.net.