Three Southern Indiana community foundations announced plans yesterday to create a $400,000 fund to support nonprofit groups in Clark and Floyd counties that are struggling with skyrocketing aid requests.
The economic crisis has hit many organizations as they try to help residents deal with layoffs, home foreclosures, evictions and unpaid utility bills, said Kent Lanum, executive director of the Paul W. Ogle Foundation.
Ogle is teaming with the Horseshoe Foundation of Floyd County and the Community Foundation of Southern Indiana to create the community-relief fund, which beginning this week will provide up to $20,000 to eligible nonprofit organizations in the two counties for emergency food, medical services, utility assistance and any other help needed as a result of the recession.
Leaders of local agencies said they were glad the foundations stepped up.
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