Galena Foundation Inc

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The Galena Foundation was formed more than 30 years ago by a group of Galenians wishing to preserve Galena and its heritage and history. Preserve/Rehabilitate public assets

Galena Foundation Inc
Overview

The Galena Foundation Inc is a not-for-profit organization dedicated to preserving, enhancing, or nurturing the heritage, culture, and quality of life in Galena, Illinois. It operates as a private grantmaking foundation categorized under Philanthropy, Voluntarism and Grantmaking Foundations. Donations to this organization are tax deductible.

Mission

The foundation's mission is to initiate and provide financial support for community projects. Its board of directors is responsible for initiating restoration and preservation projects and granting funds to organizations that align with the foundation's mission.

History

The foundation has a rich history of undertaking significant projects in Galena. Its first major project was the Old City Cemetery Restoration, initiated in 1986. Since then, the Galena Foundation has completed numerous projects of historical significance, ensuring restorations are carried out thoughtfully and meaningfully. Some of its notable projects include the restoration of the Old Train Depot, Turner Hall, and the High School Steps.

Notable Projects
  • Old Train Depot: The foundation partnered with the City of Galena to restore this historic depot, originally built in 1857. The restoration aimed to return the building to its original Italianate architecture.
  • Turner Hall: Upgrades and preservation efforts were conducted to ensure that Turner Hall remains a vibrant community gathering place.
  • High School Steps: This project involved significant community fundraising and was recognized with a Richard H. Driehaus Award for outstanding restoration.
  • Old Market House: A collaborative effort to repair and repaint the exterior of the historic Old Market House State Historic Site.
Financial Profile

The foundation relies on contributions, investment income, and asset sales for revenue. Its charitable disbursements make up the majority of its expenses. As of the latest available financial data, the organization had total assets exceeding $900,000 and no liabilities.

Governance

The Galena Foundation is governed by a board of directors who oversee its operations and strategic initiatives. The board consists of directors and officers who are committed to the organization's mission without drawing any compensation from it.

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Founded

1982

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Address

Galena

Address: PO Box 1, GalenaWeb: Sign in to see organisation websiteFacebook: galenafoundationRevenue: 112106ICO: 363196642

Galena Foundation | Preserving our heritage and culture

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Robin

2. What innovative ideas do you have for celebrating Galena's Bicentennial that would engage both the local community and visitors?

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Lena

🌟 So excited to see the Galena Foundation promoting student trips to local historic sites! It’s such a fantastic way to engage our youth with their heritage and history. Let’s keep the legacy alive! 💖

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Patrick

1. How can community involvement enhance the effectiveness of educational grants like those provided by the Galena Foundation for student history trips?

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Michelle

🎉 The upcoming Galena Bicentennial celebration sounds amazing! Kudos to the Galena Foundation for bringing the community together to honor our rich history. Can’t wait to participate and support this wonderful cause! 🙌

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