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Community endowment
OF Indiana borough

Indiana Borough is working to establish a Community Endowment Fund that will provide long-term support for projects and initiatives that improve the quality of life for residents.

The endowment will be created in partnership with the Community Foundation for the Alleghenies as part of the Small Town Challenge program, which helps municipalities build permanent community funds.

What Is a Community Endowment?

A community endowment is a permanent investment fund that grows over time. Donations to the fund are invested, and each year a small portion of the earnings is used to support projects that benefit the community.

The original donations remain invested forever, allowing the fund to grow and continue supporting the community year after year. This is a long-term investment in our community.

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WHY AN ENDOWMENT?

Indiana Borough has spent the past several years strengthening its financial stability, pursuing grants, and planning for the future. Creating a community endowment is the next step in building a sustainable and resilient future for the Borough.

A successful endowment can:

  • Provide long-term funding for community priorities

  • Encourage philanthropy and local giving

  • Support partnerships with local organizations

  • Help attract additional investment and grant funding

Community Impact

In the first 5–10 years, the endowment could support projects such as:

  • New or improved parks and public spaces

  • Arts and cultural programming

  • Housing revitalization efforts

  • Community initiatives identified by residents

Over time, the fund could grow into a lasting resource that benefits the Borough for generations.

Get Involved

Residents, businesses, and organizations will have opportunities to learn more about the endowment and participate in building this community resource.

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The endowment Will not fund...

The Indiana Borough Community Endowment will not fund the municipal operating budget. The fund will not pay for routine services such as:

  • Road paving

  • Trash collection

  • Public works operations

  • Other taxpayer-funded municipal services

 

Those services will continue to be funded through the Borough’s regular budget and tax revenues.

the Endowment Can fund...

The endowment will help support initiatives that strengthen the community, including:

  • Parks and green space improvements

  • Arts and cultural programming

  • Housing rehabilitation initiatives

  • Community events and placemaking

  • Partnerships with local nonprofits

  • Grant matching for larger community projects

 

These priorities are based on the goals identified by residents during the Borough’s comprehensive planning process.

Join Us

By supporting the Indiana Borough Community Endowment, you are helping create a lasting investment in the future of our community. For more information or to discuss giving opportunities, please email contact-us@indianaboro.com with "Endowment" in the subject line.

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