Eustis Area Community Foundation Fund

Challenge Grants

Challenges/First Bank and Trust & Grabenstein Insurance and Consolidated Telephone

In 2009, First Bank & Trust Company and Grabenstein Insurance Agency issued
a challenge of $25,000 with a match of two-one for the unrestricted community
endowment for five years. Eustis Area Community Foundation Fund needs to raise
$10,000 annually to meet challenge and have successfully reached the past goal for three
years.


Consolidated Telephone issued a two-one five-year challenge grant in 2004 of $15,000
dollars. Each year the grant was reached with total of $45,000. An annual challenge
grant was issued in 2010. Each year Eustis Area Community Foundation Fund needs to
raise annually $3,000 to receive $600.