Ever wonder how community foundations manage to significantly impact local communities? In today's episode, our hosts, Kevin Deary and Marshall King, get insights from Dr. Pete McCown, president of the Community Foundation of Elkhart County, about strategies for managing diverse funds, including scholarships, endowments, and donor-advised funds. The discussion covers the mission and vision of such foundations, emphasizing their goal to improve community life through strategic charitable giving and partnerships with local nonprofits.00:00:23: Introduction of Doctor Pete McCown00:00:36: Role and Responsibilities of Pete McCown00:01:03: About Community Foundations00:02:01: Establishment of the Community Foundation of Elkhart County00:02:40: Definition and Function of Community Foundations00:05:09: Donor Advised Funds00:08:22: Examples of Donor Advised Funds in Action00:11:13: Investment Strategies for the Community Foundation00:14:32: Endowments and Nonprofit Organizations00:17:13: Grant Process for Nonprofits00:20:20: Pete’s Role as President00:22:27: Intersection of Generosity and Personal Faith00:24:08: Pete’s Involvement in Economic Development00:26:19: Elkhart county's manufacturing economy00:26:51: Definition of servant leadership00:27:49: Pete's 13th anniversary and role00:28:17: Inspiration and hope in the role00:29:00: Show credits and acknowledgmentsSend us a textThis show is a production of the Community Foundation of Elkhart County. It is powered by equipment from Sweetwater and recorded in The Riverbend building in Elkhart's River District. Editing is done by the award-winning communication students at Goshen College, home of one of the best college radio stations in the nation. Listen to Globe Radio at 91.1 FM. Learn more about the Community Foundation of Elkhart County at inspiringgood.org You can follow us on Facebook, Instagram and LinkedIn. Music is provided by Sensational Sounds. Thanks for listening. We hope you are inspired and inspire good and your community.

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