| In 1990, a group of area civic leaders came together to discuss how to participate in a newly announced incentive being funded by Lilly Endowment. Giving Indiana Funds for the Future, or GIFT, was an initiative of the Endowment aimed at helping Indiana counties, particularly rural counties, create community foundations.
As a result, the Community Foundation Alliance was incorporated in March 1991. The Posey County Community Foundation and Vanderburgh Community Foundation were the first to join the Alliance, followed by the Daviess, Perry, and Gibson county community foundations in 1993, the Spencer and Knox county community foundations in 1996, and the Warrick and Pike county community foundations in 1998. These nine community foundations elected to join the Alliance rather than bear the expense of creating and staffing their own separate charitable nonprofit corporations.
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