Crown Point foundation receives million dollar gift

2013-12-22T00:00:00Z Crown Point foundation receives million dollar giftTimes Staff nwitimes.com
December 22, 2013 12:00 am  • 

CROWN POINT | Christmas came early for the Crown Point Community Foundation - and the many community groups, scholarship recipients and programs funded by foundation grants - thanks to a generous gift from a woman with a love for music and education as well as her community.

Manetta Manhart Gibbons passed away in January, but not before bestowing a gift that will keep on giving for generations to come.

“Her generosity is overwhelming,” said Dave Batusic, chairman of the board of the Crown Point Community Foundation. “The foundation was named as the beneficiary of her entire estate. We receipted a gift of over $938,000. This fund will continue to provide grants to the things that mattered most to Manetta; the symphony, youth programming, scholarships and her community. In total, Manetta’s charitable gift totals over $1 million dollars.”

Gibbons' relationship with the foundation began in  2007, when the foundation was asked to develop a charitable plan for her.

Manetta Manhart Gibbons had charity in her heart when she met with the foundation. “She had several ideas in mind when she approached me. We worked with her, and her advisor, to craft a plan that would celebrate her life and honor her family forever,” said Pat Huber, president of the Crown Point Community Foundation.

Gibbons was interested in music and dedicated to the arts and to education, Huber added.

In May of 2007, Manetta established a permanent endowment fund with the foundation that reflected her interests.

Working with the Northwest Indiana Symphony Orchestra, the foundation coordinated the distribution of more than $27,500 so students could attend youth concerts. In addition, several musicians provided programming at local elementary schools.

Gibbons knew the value of education. A portion of her fund has eased the financial burden of college by providing more than $13,500 in scholarships.

Gibbons’ devotion to her community is evident in the  grant dollars she dedicated to supporting the ever-changing needs of the community providing $12,500 in unrestricted gifts since 2007.

“I am so grateful that we were able to work with Manetta in developing her charitable plan. We had great fun meeting with the students and the symphony members. She enjoyed every minute,” Huber said.

“I am most grateful that we were able to say thank you to Manetta for her vision in making this gift a reality.”

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