Programs
Designated Fund Accounts
DESIGNATED FUND ACCOUNTS ARE ESTABLISHED FOR SPECIFIC PURPOSES, WHERE INTEREST AND PRINCIPAL ARE RETURNED BACK TO SPECIFIC DESIGNATED INDIVIDUALS MANAGED IN 2022 INCLUDED THE FOLLOWING CONTRIBUTIONS TO THE FOLLOWING SPECIFIC FUNDS; ROBERT HILT SCHOLARSHIP FUND $2,000; KIRK 1 SCHOLARSHIP FUND $2,040; LYONS PROPERTY DEVELOPMENT SAVINGS $4,955; MEGAN CAMERON CLASS OF 2002 SCHOLARSHIP FUND $450; NORMIL FOUNDATION COMMUNITY IMPROVEMENT GRANT FUND $7,300; OTHER MANAGED DESIGNATED FUNDS ACCOUNTS INCLUDE: CEMETARY FENCE FUND, COUGAR CUBS FUND, KELLY FRENCH SCHOLARSHIP FUND, JUNIOR GOLF ENDOWMENT FUND, MAIN STREET HISTORICAL PRESERVATION FUND, LYONS CITY PARK FUND, LYONS POOL FUND, TINY COUNTY INN PROJECT FUND, LYONS PUBLIC LIBRARY ENDOWMENT FUND.GeographiesNot indicatedDatesJan 1, 2022 – Dec 31, 2022Source990No causes providedNo populations provided–$10.7KScholarship Endowment Fund
SCHOLARSHIP ENDOWMENT FUND ACCOUNT GENERATES FUNDS USED TO GRANT SCHOLARSHIPS TO DESERVING GRADUATES OF LYONS - DECATUR NORTHEAST SCHOOL WHO ARE INTENDING TO CONTINUE THEIR EDUCATION. SCHOLARSHIPS IN THE AMOUNT OF $3,850 WERE AWARDED IN 2022 AND THE BALANCE IN THE SCHOLARSHIP ENDOWMENT FUND ACCOUNT AT THE END OF THE YEAR WAS $109,434.GeographiesNot indicatedDatesJan 1, 2022 – Dec 31, 2022Source990No causes providedNo populations provided–$3.9KCommunity Benefit Endowment Fund
ENDOWMENT FUND ACCOUNT BENEFITS THE COMMUNITY WITH GRANTS FROM INTEREST EARNED, AWARDED PRIMARILY FOR COMMUNITY ECONOMIC DEVELOPMENT MEETING CIVIC, EDUCATIONAL, CULTURAL, RECREATIONAL, HUMANITARIAN OR HEALTH NEEDS TO COMMUNITY MEMBERS.GeographiesNot indicatedDatesJan 1, 2022 – Dec 31, 2022Source990No causes providedNo populations provided––
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