Western Indiana Community Foundation
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Western Indiana Community Foundation
Western Indiana Community Foundation ("WICF") was incorporated on November 30, 1990 for the betterment of Fountain County, Indiana and Vermillion County, Indiana and its citizens. The community foundation is a U.S. registered 501(c)(3) non-profit charity (Federal Employer Identification Number: 35-1814927). The Foundation provides administrative, governance, public relations and marketing support for four affiliate foundations. These affiliates include: * Attica Community Foundation * Covington Community Foundation * Southeast Fountain Community Foundation * Vermillion County Community Foundation In Fountain County, each affiliate serves the geographic area of the local school district, but has no formal associations with the school corporations. Foundation characteristics The six main characteristics of the Western Indiana Community Foundation are: # Act as a grant-making foundation: Give grants to support community projects including: arts, culture and historic preservat ...
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Covington, IN
Covington is a city in, and the county seat of, Fountain County, Indiana, Fountain County, Indiana, United States. The population was 2,645 at the 2010 census. History Fountain County was formed on April 1, 1826. Later that year, the county seat was established at Covington, and a two-story frame courthouse was built in 1827. The location of the county seat was a point of contention for some years, as Covington was not centrally located in the county. In 1831 an act was passed that called for the relocation of the county seat, but after further discussion it was decided that it should remain where it was. Eventually the coming of the railroads helped to alleviate the geographical concern. A brick courthouse was completed in 1833. The Carnegie Library of Covington, Covington Courthouse Square Historic District, Covington Residential Historic District, Fountain County Clerk's Building, Fountain County Courthouse, and William C.B. Sewell House are listed on the National Register of H ...
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Wallace, Indiana
Wallace, originally named Jacksonville, is a town located in Jackson Township, Fountain County, Indiana, United States. At the 2010 census, the town had a total population of 105. History Jacksonville, one of Fountain County's early settlements, was established by John Bowman and his father Henry in the early 1830s on land situated just north of Mill Creek and was named for Andrew Jackson. The town's name in informal speech was often shortened to "Jackville". The first settler at the site was Richard Williams who erected a cabin as early as 1826, several years before the town was laid out, with the first house erected after Jacksonville's platting belonging to William Guilliams. By the 1880s it contained about two dozen houses. Early tradesmen in Jacksonville included William Snooks, the township's first blacksmith, Samuel Glass who operated a house of entertainment, shoemaker Alvah Doke, cabinet-maker George McCline, physicians Dr. Reeves, Dr. A. M. C. Hawes and Dr. Joseph ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Cash
In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word "cash" originally meant "money box", and later came to have a secondary meaning "money". This secondary usage became the sole meaning in the 18th century. The word "cash" derives from the Middle French ''caisse'' ("money box"), which derives from the Old Italian ''cassa'', and ultimately from the Latin ''capsa'' ("box").. History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of mone ...
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Scholarship
A scholarship is a form of financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need. Scholarship criteria usually reflect the values and goals of the donor of the award, and while scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). Scholarships also range in generosity; some range from covering partial tuition ranging all the way to a 'full-ride', covering all tuition, accommodation, housing and others. Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as Fulbright Scholarship and the Rhodes Scholar ...
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Donor Advised Funds
In the United States, a donor-advised fund (commonly called a DAF) is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities. Details A donor-advised fund is an account at a sponsoring organization, generally a public charity, where an individual can make a charitable gift to enjoy an immediate tax benefit and retain advisory privileges to disburse charitable gifts over time. The contribution a donor makes to their donor-advised fund is 100% irrevocable and destined for a final 501(c)(3) organization. Donor-advised funds provide a flexible way for ...
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Universal, Indiana
Universal is a town in Clinton Township, Vermillion County, in the U.S. state of Indiana. The population was 362 at the 2010 census. History Universal was founded in 1911 as a mining community. The town took its name from the nearby Universal Mines. A post office has been in operation at Universal since 1912. Geography Universal is located in the far southern part of the county, just to the west of Indiana State Road 63. According to the 2010 census, Universal has a total area of , all land. Demographics 2010 census As of the census of 2010, there were 362 people, 151 households, and 103 families living in the town. The population density was . There were 176 housing units at an average density of . The racial makeup of the town was 99.4% White, 0.3% African American, and 0.3% from two or more races. Hispanic or Latino of any race were 1.7% of the population. There were 151 households, of which 33.8% had children under the age of 18 living with them, 40.4% were married coup ...
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Perrysville, Indiana
Perrysville is a town in Highland Township, Vermillion County, in the U.S. state of Indiana. The population was 456 at the 2010 census. History Perrysville was platted and surveyed in 1825 by James Blair on a bluff on the west side of the Wabash River. The town is named for Commodore Oliver Hazard Perry, the hero of the Battle of Lake Erie. It became a local center for shipping products to New Orleans on flatboats via the Wabash, Ohio, and Mississippi Rivers, and it was also able to receive heavy equipment and manufactured items on steamboats. Prior to the advent of the railroad in the second half of the nineteenth century, the town's location on the river made for a thriving community; it is reputed to have been the largest town between Chicago and Terre Haute at the height of its success. The arrival of the Wabash and Erie Canal enhanced its importance even further; a sidecut with locks allowed boats to be towed across the river to the town. Various roads intersected here, inclu ...
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Newport, Indiana
Newport is a town in Vermillion Township, Vermillion County, in the U.S. state of Indiana. The population was 515 at the 2010 census. The town is the county seat of Vermillion County. History A post office has been in operation at Newport since 1820. Newport was platted in 1828. The Vermillion County Courthouse and Vermillion County Jail and Sheriff's Residence are listed on the National Register of Historic Places. Although the plutonium production plants at Hanford would eventually use graphite as a "moderator" to slow and control the fission process, Manhattan Project officials also pursued heavy water as an alternative option. A feasibility report conducted by the DuPont Company in November 1942 also rated heavy water as an acceptable cooling system, second best only to helium. This information was brought to the attention of Harold Urey, a Manhattan Project scientist who had won the 1934 Nobel Prize in Chemistry for his discovery of deuterium, an isotope of hydrogen. Urey ...
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Fairview Park, Indiana
Fairview Park is a town in Clinton Township, Vermillion County, Indiana, Clinton Township, Vermillion County, Indiana, Vermillion County, in the U.S. state of Indiana. The population was 1,386 at the 2010 census. History Fairview Park was platted in 1902. Geography Fairview Park is located in the southeastern part of the county, at the north end of the city of Clinton, Indiana, Clinton. Indiana State Road 63 passes through the town from northeast to southwest. According to the 2010 census, Fairview Park has a total area of , all land. Climate The climate in this area is characterized by hot, humid summers and generally mild to cool winters. According to the Köppen Climate Classification system, Fairview Park has a humid subtropical climate, abbreviated "Cfa" on climate maps. Demographics 2010 census As of the census of 2010, there were 1,386 people, 609 households, and 406 families living in the town. The population density was . There were 676 housing units at an average d ...
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