What is a county 4-H Endowment?
County 4-H endowments are permanent funds made possible through individual donations, business and corporate contributions and fund-raising events.
Principal is invested permanently through the Ohio 4-H Foundation to generate the maximum interest possible. The interest income returns the county to fund local 4-H youth development education programs and adds value to the county endowment to keep pace with inflation.
Does Marion County have a 4-H Endowment Fund?
Yes. Our 4-H endowment was officially recognized by the Ohio State University Development Fund in 1992. Many local individuals deserve credit for their time and money spent to realize this goal.
Why is it necessary to have a county 4-H Endowment?
County, state, and federal budgets are very restricted and usually cannot be stretched to provide more than the basic necessities. Interest income from county endowments can supplement these budgets in addition to annual contributions to help assist with:
- Award for youth and adult volunteers
- Providing added incentives
- Development of new programs
- Youth and volunteer education
- Purchasing of program materials
Who manages the interest earned at the county level?
Monies generated through earned interest is handled by the Marion County 4-H Advisory Council in partnership with the 4-H Extension Educator. The 4-H Advisory Council values the needs of the local 4-H program and determines where and how those needs can be met by distributing funds appropriately.
Is my gift tax deductible?
Yes. The Ohio 4-H Foundation and Marion County Endowment is a 501(c)(3) charitable foundation. Consult your accountant or tax attorney for specific guidance on your gift.
You can help!
Contributions to the Marion County 4-H Endowment Fund may be made in several ways:
- Current gifts
- Planned gifts
- Life insurance
- Gifts in kind
- Charitable trusts
- Corporate matching gifts
Who should I contact if I have further questions?