HELP US by DONATING to ITF (CFC # 1 2 9 4 0)
In 1994, the incorporators of the Indiana Trails Fund sought to create an organization which would create trails in Indiana both by holding and protecting corridor lands and by securing and preserving large endowment funds. More specifically they envisioned a trail group which would know the process and strategy to acquire land inexpensively, to protect the land for a funding match, sell the land at some discount (to a local trails group), and invest the proceeds into a permanent fund.
Through 2014 ITF not only accomplished these points, but did more. For example, in order to have some local groups build trails, ITF worked with communities to create several trail support groups. Further, ITF has actually built one part of a trail, and is completing a second part in 2015. In future years, ITF will continue to add finished trail miles to complete the Milwaukee Road Transportation Trailway.
Notably, from 1998 and on, ITF has been acquiring, holding, and protecting land for trails, and thus ITF become land heavy in it’s asset base. From 2008 and after, ITF began selling land to some local groups, which reduced it’s land base, and increased it’s cash base. This rebalancing of assets was expected and began to reposition ITF to be a cash-centric resource for trail funding.
As a fundamental resource, In 2011, ITF opened its Permanent Endowment, with the purpose for segregating funds and risks of holding money, thus to build a sustainable fund for trails. Then In 2013, ITF sold off enough land to significantly add to the Permanent Endowment, which reduced the land holdings, and thereby propelled ITF into the future as a group managing strong fund assets. The Permanent Endowment is structured to both reinvest some annual proceeds, and to distribute some to trails thoughout Indiana, thus not only for the endowment to be sustainable, but for ITF to be maturing into the future.
Adding to these experiences of maturing, ITF is still enriching its influence. It continues to holds some land, and will acquire and hold other lands as circumstances are available. ITF asks for donations to bolster the ability to build and enhance trails, trail communities, and “trail towns” throughout Indiana.
In 2014, ITF opened its first trail building project. Until then all trails, in which ITF had been involved, were short demonstration segments. This, the Milwaukee Road Transportation Trailway, was the first full trail ITF opened – five miles. Much work was completed by local Bedford volunteers and helpers.
With all of these accomplishments spanning many types of land deeds, types of corridor titles, types of volunteer building, types of fund management, and types of enhancing local volunteer groups and communities, ITF is proud to offer this list of projects with which it has a hand in many types of accomplishments.
Indiana Trails Fund has been involved in the following trails here in Indiana:
|• Posey County Trail: (Yet to be built);
• Nickel Plate Trail: Miami, Howard & Fulton Counties;
• Farm Heritage Trail: Boone County;
• Whitewater Valley Trail: Franklin County (The Yellowbank section of the Whitewater Valley Canal Towpath);
• Panhandle Pathway Trail: Pulaski County;
• NYC Pufferbelly: Allen County;
• Erie Trail: Starke County;
• Vandalia Trail: Hendricks County;
• Monon Ellettsville Trail: Monroe County (Only land);
• Milwaukee Road Transportation Trailway: Lawrence & Martin Counties;
• B & O Trail: Hendricks County;
• B & O Trail: Marion County;
• Pennsy Trail: Hancock County;
• Granger Trail: St. Joseph’s County (Planned);
Indiana Trails Fund, Inc. also provides grants to trails in Indiana for maintenance, land acquisition and building:
• Granted money given to Granger Pathway Trails to continue their trails in St. Joseph County;
• Granted money to restore the Garfield ParkTrolley Shelter in Marion County;
ITF helps provide the web site of Indianatrails.com which is continually updateded with maps of trails throughout the state of Indiana.
INDIANA TRAILS FUND, INC. actively preserves land, protects funds, enhances communities, and coordinates work with many volunteers for TRAIL USERS in Indiana.
BUT WE NEED YOUR HELP TO CONTINUE OUR WORK IN MAKING TRAILS AVAILABLE TO EVERYONE IN INDIANA. WE NEED YOUR DONATIONS.
HELP US DONATING (CFC #12940)