As college costs continue to increase, The Foundation has
a long term goal of increasing its annual scholarship awards
from the current $500 level to $750 and eventually to a $1,000
level. For now there is no timeline for the growth in scholarship
A second goal is to increase the number of scholarships awarded
by the foundation. This can only happen if additional community
members step forward to endow a scholarship, or if our fund raising
activities are successful in increasing the pool of funds available
to expand the scholarship program.
Our third goal involves requests from the community for financial
assistance to support programs that, in general, fit the foundations
stated goal of community building.
Our Projects include:
Community Library Summer Reading Program
Outdoor Learning Lab
Funds raised by the Community Foundation benefit the Fredericktown
Community much like the Mount Vernon Community Trust supports
Knox County. The Fredericktown Community Foundation works in
partnership with the First Knox National Bank Trust Department
for the investment of foundation funds. A full financial report
is prepared annually by the Mount Vernon/Knox County Community
To Participate Donations can be made in a variety of ways:
Life Insurance Beneficiaries
Wills and Trusts
Stocks and Bonds
Gifts in kind, such as real estate, automobiles or other
Who Benefits? EVERYONE!
The entire community benefits as these funds are used to meet
current community needs or as an endowment for the future.