Since its inception, SIP’s Operation Round Up program has awarded grants to local organizations totaling $492,958. Have you signed up to participate?
How it works
When you choose to sign up for Operation Round Up, your electric bill is rounded up to the nearest whole dollar each month. For example, a bill of $74.25 would become $75. The 75 cent difference is placed into the Operation Round Up trust fund. The average total contribution each year is about $6 and is tax-deductible. It seems pretty small, but what a difference all the contributions add up to!
Where does the money go?
The Operation Round Up program will provide financial aid to fund special projects of community and service organizations within the Southern Indiana Power service area.
How to apply for a grant
The donations to Southern Indiana Power’s Operation Round Up trust fund are distributed by a board of volunteer Southen Indiana Power members. The board meets twice a year to review the grant applications and select which grants are funded.
Grants are awarded two times a year (March and October). Applicants must have 501(c)(3) status and provide signed documentation as evidence with the submission of the application.
Operation Round Up funds are commonly used for:
► Community service projects
► Economic development
► Health and rescue organizations
► Educational projects
► Youth programs