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 though the Ohio 4-H Foundation to generate the maximum interest possible. The interest income returns to the county to fund local 4-H youth development education programs, and adds value to the county endowment to keep pace with inflation.
Does Madison County have a 4-H Endowment Fund?
Yes. Our 4-H Endowment was officially recognized by the Ohio State University Development Fund in 1992 upon reaching a goal of $15,000. Many local individuals deserve credit for their time and money spent to realize this goal.
Is a gift to the Madison County Endowment fund recognized as a gift to The Ohio State University?
Yes. Contributions are sent to the State 4-H office earmarked for the Madison County 4-H Endowment Fund and deposited with the Ohio 4-H Foundation which is a part of the university's development fund.
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:
awards 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 a five member Madison County endowment board. These individuals have a concern for the local 4-H program and distribute money through a formal process. A separate account is maintained for this purpose.
Madison County's Board Members are: Jenny Sweet (treasurer), Jim Durban, Melissa Noble, George Roby, and Frances Foos (4-H Educator)
Is my gift tax deductible?
Yes. The Ohio 4-H Foundation and Madison 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 Madison County 4-H Endowment Fund may be made in several ways:
|Current Gifts||Planned Gifts|
|Corporate matching gifts|
Who should I contact if I have further questions?
4-H Youth Development
Madison County Extension Office
217 Elm Street
London, OH 43140
You can give online now at the following link!