# Putnam County Community Foundation

Putnam County Community Foundation is a Foundation based in Greencastle, United States.

## Overview

- **Organization type:** Foundation
- **Headquarters:** Greencastle, United States
- **Region:** North America
- **Address:** 2 South Jackson Street, Greencastle, IN 46135, United States
- **Founded:** 1985
- **Assets under management:** $44M (Altss estimate)
- **Website:** pcfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/putnamccf

## Regulatory record

- **Reports private funds:** No

## About

Putnam County Community Foundation launched in 1985 to connect local giving with community causes in Greencastle, Indiana. Executive Director Neysa Meyer leads the foundation's strategy and stewardship, working alongside Board President Kyle Beasley. The foundation's capital originated from generations of Putnam County donors, with Ellie Ypma providing the single largest gift at $5 million. It operates as a permanent endowment designed to fund local nonprofits and scholarship initiatives indefinitely. The foundation's investment strategy spans distressed debt and special situations, alongside an endowment investment pool that supports its grantmaking. Real asset exposure includes commercial property at its headquarters at 2 South Jackson Street and natural resource investments. The foundation participates in community philanthropy structures, including the Putnam County Youth Philanthropy Initiative, which engages younger generations in the foundation's mission. Its geographic mandate remains strictly tied to Putnam County, Indiana. Team leadership includes Community Development Director Dean Gambill, Financial Services Officer Julie Thompson, and Finance Committee member Justin Clampitt, who also serves as SVP at North Salem State Bank. The foundation maintains accreditation under Community Foundations National Standards and collaborates with the Indiana Philanthropy Alliance on leadership and regional programming. In 2024, Aiden Beadles established the youngest fund in the foundation's history with the Aiden Beadles Community Endowment. The Putnam County Community Foundation differs from private foundations in its donor-advised fund structure, which aggregates multiple family and individual philanthropic vehicles under a single, locally governed nonprofit umbrella. This creates a pooled permanent capital base that is legally bound to Putnam County, making the foundation a structural anchor for local charitable capital that cannot be relocated or repurposed away from the county.

## Sectors

- Distressed Debt
- Special Situations
- Real Estate
- Natural Resources
- Education
- Philanthropy

## People

- Neysa Meyer — Executive Director
- Kyle Beasley — Board President
- Dean Gambill — Community Development Director
- Julie Thompson — Financial Services Officer
- Justin Clampitt — Finance Committee Member

## Questions

### Who directs investment decisions at the Putnam County Community Foundation?

Executive Director Neysa Meyer leads strategy and stewardship for the foundation's funds. Justin Clampitt, SVP at North Salem State Bank, serves on the finance committee and brings local banking expertise to oversight of the endowment investment pool. The foundation has not publicly disclosed a dedicated chief investment officer or external OCIO relationship.

### What is the foundation's primary asset allocation focus?

The foundation's disclosed strategy includes distressed debt and special situations, alongside direct holdings in commercial real estate and natural resource investments. Its endowment investment pool serves as the primary vehicle for sustaining grantmaking, though the foundation has not published a detailed asset allocation breakdown.

### How does the Putnam County Community Foundation structure its philanthropy?

The foundation uses a donor-advised fund model that allows local families and individuals to create named endowments within the larger foundation umbrella. These funds pool together to provide permanent grantmaking capacity for Putnam County nonprofits and scholarships. The Putnam County Youth Philanthropy Initiative also brings younger residents into the foundation's grantmaking process.

### Where does the foundation's capital come from?

Capital has been built over decades from Putnam County residents and local businesses. The largest single donation came from Ellie Ypma at $5 million. In 2024, Aiden Beadles created the youngest fund in the foundation's history, reflecting an ongoing pipeline of multigenerational local donors.

### Is the foundation's mandate limited to Putnam County?

Yes. The Putnam County Community Foundation's legal structure and donor agreements restrict its philanthropic activity to Putnam County, Indiana. Grants and scholarships are awarded exclusively to individuals and organizations serving that geographic area, making it a purely place-based endowment.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/putnam-county-community-foundation

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