Updated:
Community Foundation Partnership
The Community Foundation Partnership formed in 2004 as a collaborative vehicle for the Lawrence County Community Foundation and the Martin County Community...
Community Foundation Partnership
The Community Foundation Partnership formed in 2004 as a collaborative vehicle for the Lawrence County Community Foundation and the Martin County Community Foundation. Rather than duplicate back-office functions, the two foundations created a single operational entity to manage investments, administer grants, and run scholarship programs. Hope Flores has served as CEO since inception, with Megan Hawkins as Vice President and president of the Martin County advisory board. Investment assets are managed through a portfolio held at JPMorgan in Indianapolis, with an estimated $32 million in total assets under stewardship across both county foundations. Grantmaking focuses on place-based community development: scholarships for local students, grants to nonprofit organizations, and emergency relief programs. The foundation partners with IU Health on community impact investment grants and with United Way of South Central Indiana for coordinated emergency relief efforts. CFP operates from a single office on 5th Street in Bedford, Indiana. It maintains professional memberships in the Council on Foundations and the Indiana Philanthropy Alliance. No adjacent investment vehicles, operating businesses, or club memberships have been disclosed publicly. Unlike a traditional single-county community foundation, CFP's dual-county shared-services architecture pools operational costs while preserving separate advisory boards and grantmaking autonomy for each county. This structure allows two small rural foundations to access institutional investment management and professional grant administration that neither could sustain independently.
General information
Firm type
Endowment / Foundation
Year founded
2004
Location
Region
North America
Country
United States
City
Bedford
Corporate office
Bedford, IN, United States
Principals
Hope Flores
CEO
Megan Hawkins
Vice President and President of Martin County Community Foundation Advisory Board
Sector focus
Frequently asked questions
How is Community Foundation Partnership structured across its two counties?
CFP serves as the operational backbone for two legally separate foundations: the Lawrence County Community Foundation and the Martin County Community Foundation. Each foundation maintains its own advisory board and grantmaking priorities, while CFP handles investment management, administration, and scholarship programs. Megan Hawkins serves as Vice President of CFP and simultaneously chairs the Martin County advisory board.
Who manages the investment portfolio for CFP?
CFP's combined assets are held in an investment portfolio managed through JPMorgan in Indianapolis. The total under stewardship is estimated at $32 million across both county foundations. The foundation has not publicly disclosed specific asset allocation targets or a formal investment committee structure.
What types of grants does CFP make?
Grantmaking centers on place-based philanthropy in rural southern Indiana: scholarships for local students, grants to nonprofit organizations serving Lawrence and Martin counties, and emergency relief funding. CFP partners with IU Health for community impact investment grants and coordinated with United Way of South Central Indiana on emergency relief initiatives.
Does CFP operate any donor-advised funds or planned giving vehicles?
CFP has not publicly detailed specific giving vehicles beyond its scholarship and grant programs. As a community foundation partnership, it likely offers standard community foundation tools including donor-advised funds and endowed scholarships, but no specific disclosures confirm the full suite of offerings.
How does CFP's shared-services model differ from a typical community foundation?
Most community foundations serve a single county or region with one board and one staff. CFP shares a single CEO, one office, and one investment portfolio across two county foundations that retain separate advisory boards and grantmaking autonomy. This allows Lawrence and Martin counties — both rural, low-population areas — to access professional foundation management that neither could fund independently.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: