BEDFORD — German American Bank recently presented a check for $10,000 to the Lawrence County Community Foundation as part of a commitment to 13 community foundations throughout southern Indiana, according to a news release.

These funds will be matched by the Lilly Endowment Giving Indiana Funds for Tomorrow initiative, which will grow the Lawrence County contribution to a total of $30,000.

According to Mark Franklin, regional president for German American Bank serving Lawrence and Monroe Counties, “German American Bank supports this initiative as it provides much needed unrestricted funds for the Lawrence County Community Foundation. This $10,000 donation is just one example of our company’s giving culture. We are continually impressed by the foundation’s ability to utilize these funds to inspire creative, generous and lasting solutions that develop self-reliance now and well into the future.”

“We feel very fortunate to receive these resources from German American and the Lilly Endowment in such a way that we can create opportunities and solve concerns for the local people in the most relevant way,” said Lawrence County Community Foundation CEO Hope Flores. “We are confident in the impact the funds will have in addressing needs in 2019 and beyond.”

Through German American’s donation, 13 community foundations throughout southern Indiana will be awarded $10,000 each, including Daviess, Gibson, Knox, Perry, Pike, Posey, Spencer, Warrick and Vanderburgh through the Community Foundation Alliance, as well as direct contributions to Monroe, Lawrence, Martin and Dubois Counties’ community foundations.

German American Bancorp, Inc. is a NASDAQ-traded (symbol: GABC) bank holding company based in Jasper, Indiana since 1910. Through its banking subsidiary German American Bank, the company operates 66 banking offices in 20 contiguous southern Indiana counties as well as Owensboro, Bowling Green, Franklin and Lexington, Kentucky. The Company also owns an investment brokerage subsidiary (German American Investment Services, Inc.) and a full line property and casualty insurance agency (German American Insurance, Inc.).

Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by three members of the Lilly family — J.K. Lilly Sr. and sons J.K. Jr. and Eli — through gifts of stock in their pharmaceutical business, Eli Lilly & Company. The Endowment exists to support causes of community development, education, and religion. Lilly Endowment’s community development grantmaking is designed to support efforts that enhance the quality of life in Indianapolis and Indiana, according to the release.
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