| Judith Miller, a Kentucky Country Day parent, wanted KCD students to learn about effective philanthropy by experiencing the responsibility and challenges of making grants. With the support of a $10,000 grant from the Miller Family Foundation, KCD began a philanthropy class in November 2001. In an act of great foresight and discipline, the class decided that the future classes should benefit from the Miller�s generosity. The class, naming itself The Artemis Fund, established an advised fund within the Community Foundation of Louisville. The class, serving as trustees, manages the The Fund under the bylaws it created in February 2002. Trustees seek contributions and distribute grants annually.
The Artemis Fund has only been making grants since 2002. The Fund has made over $32,500 in grants in six years. Although our grant making committee changes each year and restrictions are minimal, some trends are emerging:
� More than one grant is issued a year
� The range is between $285 and $3,500
� Grants typically are targeted to specific needs as opposed to general operational funding
� Grants are usually given with the purpose of assisting children as they attempt to better their future
� It is unusual for the same organization to receive grants two years in a row.
Drawing from the pool of applications received by November 3, The Artemis Fund trustees will select a small group of grant finalists by early December. The trustees will then conduct site visits with the finalists in January. The Artemis Fund will have $3,000 - $4,000 available for grants and will make a final decision by mid February 2009.
Please contact Mandy Mulloy if you wish to learn more about past grants or the Artemis Fund's grant making style.
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