Overview:

In January 2024, the Montana Community Foundation (MCF) is launching an incentive program to encourage Local Community Foundations (LCFs) to grow their unrestricted endowed assets. The LCF+ Incentive Program will allow LCFs to invest additional funds within their communities to make an impact now and in the future. Over the course of the LCF+ Incentive Program, MCF will distribute over $1 million to LCFs across Montana.

Eligible LCFs:

LCFs that have 100% of their endowed assets with MCF are eligible for the LCF+ Incentive Program. This includes LCF Affiliates that are under MCF’s 501(c)(3) status and LCFs that are not. In addition, this includes LCFs that are established during the incentive period.

Participation Requirements:

• Have 100% of your board contribute to your endowment each year.
• Host one community gathering each year.
• Have two board and/or staff members attend the LCF Convening each year.
• Complete an LCF+ Incentive Program Application.
• Complete an LCF+ Incentive Program Game Plan.
  

Important Dates:

• The LCF+ Incentive Program will run from January 1, 2024, to December 31, 2028.
• October 1, 2023: LCFs must meet with the LCF Program Officer and submit an LCF+ Incentive Program Game Plan.
• November 15, 2023: LCFs must submit an LCF+ Incentive Program Game Plan.