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September 1, 2005 Foundation will transmit funds to Gulf CoastThe Tipton County Foundation will receive tax-deductible contributions from local residents to benefit recovery efforts from Hurricane Katrina. Foundation president Tom McKinney, Kempton, announced plans for a fund that will pass through the county’s public charity and be made available to similar community foundations in Louisiana, Mississippi, and Alabama. Click on the "thumbnails" above to view the larger original pictures of Katrina's devastation. "There are already organizations on the front lines, such as the Red Cross and Salvation Army, providing lifesaving disaster relief," McKinney said. "FEMA will use tax dollars to help families and businesses pull through. Some church denominations may help their flooded congregations rebuild. Insurance companies will have to pay billions in claims. But weeks from now, when the water has receded and most of the power is restored, there will be nonprofit organizations, providers of worthy and essential charitable programs in the hurricane zone just as they are here, who absolutely won’t have the resources they need to get back to work," according to the Foundation announcement. "Our idea is that, just as we hope the Tipton County Foundation Board has the contacts and knowledge to provide grants to meet local needs here, there are community foundations on the Gulf Coast who will know of staggering needs there, but will not have the resources to address them," McKinney explained. "With special contributions from caring Hoosiers, we can help them jump start their grant making in this crisis." The Tipton County Foundation (TCF) is a nonprofit public charity established in 1986 to serve donors, award grants, and provide leadership to improve the quality of life in Tipton County, forever. Contributions to the Foundation are tax-deductible under section 501(c)(3) and other provisions of the Internal Revenue Code. According to TCF executive director Frank Giammarino, other foundations are likely to take similar steps in the next few weeks to help interested donors make a thoughtful gift that can have a lasting impact in recovering from the emergency situation. "Hoosier volunteers, power crews, emergency workers, National Guard, and thousands of contributed dollars are already at work in the disaster area," Giammarino said. "This new idea of strengthening a flexible, knowledgeable charity can make sure that dollars invested here will have a lasting impact assisting our fellow citizens in New Orleans and surrounding areas. Surely any of us who have visited there value the special ambience of the Big Easy and we all hope it can be restored," he said. Individuals, companies, and
organizations can make donations of any size to the Tipton County Foundation,
Inc., designated for "Katrina Recovery". Contributions can be mailed to TCF, PO
Box 412, Tipton, IN 46072. The Foundation’s office and conference center, at
1020 W. Jefferson St. in Tipton (adjoining the Pioneer campus), is staffed
weekday mornings from 8 am to Noon. For more
information call 765-675-8480, or
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