The Carroll H. Starr Endowment Challenge is an opportunity for nonprofits in Boone, Ogle, Stephenson, and Winnebago counties to build and quickly grow a permanent endowment at the Community Foundation of Northern Illinois. The Challenge allows Goldie B. Floberg Center two years to raise our goal of $150,000, the maximum allowed amount. The Carroll Starr Endowment offers a generous $1 to $3 match for up to $150,000 raised.
This year, Goldie B. Floberg Center was the beneficiary of a generous individual bequest to endowment which offered an opportunity to confidently participate in the Challenge at the maximum dollar goal while fulfilling the wishes of a dear friend and legacy donor. Endowment provides an opportunity for donors to accomplish charitable goals now and in perpetuity. When the 2018 bequest and the Carroll Starr Challenge launch aligned, Floberg staff and directors could not pass the opportunity to not only steward a donor’s vision of sustainability, but expedite that vision, growing the endowment by $50,000 in the first two years.