Welcome To Our Community Foundation

The Community Foundation of the Fox River Valley is a non-profit philanthropic corporation that administers individual charitable funds and distributes grants and scholarships to benefit the citizens of the Greater Aurora Area, the TriCities and Kendall County Illinois.

Endowment Fund

 

Mary Virginia Hughes

 

The Mary Virginia Hughes Scholarship Endowment Fund was created in 2001 upon receipt of a bequest from the estate of Mary Virginia Hughes.

Miss Hughes (1928-2000) was born in Newark, Illinois. Her parents, Wayne and Sadie Hughes, owned and operated a farm in Newark.

Mary Hughes lived and worked on the family farm her entire life. She was a member of the Millbrook United Methodist Church. She is survived by her brother, Wesley Hughes.

Scholarships from the fund are available to students graduating from a high school located in Kendall County for attendance at an accredited college or university. These awards are reserved for students pursuing a major in the field of agriculture.

 

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For more information regarding newly created  funds within the Community Foundation, please see our 2008 Summer Memorandum.

 

Securing Your Community's Future

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The Power of Giving Together

Many of us are unaware of our potential to be philan-thropists.  With effective estate planning, valuable resources that would be lost to taxation will remain to serve the future of our heirs and our local communities.

New research commissioned by the Alliance of Illinois Community Foundations and the Donors Forum projects an unprecedented transfer of wealth from the World War II generation to the baby boomers and then from the baby boomers to the next generation.

Read More

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A Golden Opportunity

Transfer of Wealth

(graph of 50 year projections)

In 50 years, $1.35 trillion is expected to pass from one generation to the next in Illinois. In just 10 years, $182.3 billion will have transferred.

National research projects a $53 trillion transfer of wealth across the United States. But while the average transfer nationwide will peak after 50 years, wealth transfer in many Illinois counties will crest in twenty to thirty years. In Kane and Kendall Counties, the greatest wealth transfer will likely happen between the years of 2025 and 2035.

Read More

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Latest Research

Office Hours

Monday thru Friday

8:30 A.M. - 5:00 P.M.

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Office Closed

Thursday, November 27, 2008

&

Friday, November 28, 2008

Thanksgiving Holiday

 

Community Foundation of the Fox River Valley

 111 West Downer Place ● Suite 312

 Aurora, Illinois 60506

 (630) 896-7800

info@CommunityFoundationFRV.org