Rising Sun Regional Foundation to have less grant money to give counties
A press release from the Rising Sun Regional Foundation announced critical funding changes and grant reductions that will directly impact Ripley County.
According to the release, The Foundation says there will be significant and immediate changes to its grantmaking process following the loss of its primary funding source, marking a pivotal moment for the organization and the communities it serves.
Many small vital entities such as fire companies, any type of emergency agencies from police to small towns will be directly impacted. Funding has been given to them in the form of grants that has enhanced the quality of life for many residents in the county.
The release noted, “since 1994, the Foundation has played a vital role in driving progress across Ohio County, Ripley County, and the cities of Aurora and Batesville. With nearly $47 million reinvested into the region, RSRF has supported nonprofits, expanded educational opportunities, strengthened public safety services, and enhanced critical infrastructure.”
However, as of December 2025, the Foundation will no longer be receiving monthly contributions tied to the adjusted gross revenue of the Rising Star Casino resort, owned by Full House Resorts. The Casino remains in operation in Rising Sun, but these contributions have stopped with no indication they will resume. The Foundation extends its sincere appreciation to the team at Ice Miller for their legal representation and guidance as the Board diligently attempted to negotiate an ongoing revenue stream.
“This is a significant and challenging turning point for the Foundation,” noted Stan Wiedeman, board president. “For more than three decades, these funds have allowed us to make a meaningful and consistent impact in our communities. The loss of this revenue requires us to make difficult but necessary changes to ensure we can continue serving the region responsibly.”
Jason Smith, who has worked tirelessly in services to help people in their time of need went on social media saying, “Shame on Full House Resorts for not renewing the agreement to provide funding to the Foundation. The steadfast stewardship of the Foundation tors, through their generosity, have helped to fulfill countless projects that would otherwise have not been completed.” He said those project helps many groups and individuals throughout Ohio and Ripley counties. “I applaud them (Foundation) making the tough decisions necessary to continue their efforts to continue their benefactory good will,” he concluded.
The Board of Directors has begun reevaluating all aspects of its grantmaking strategy. Beginning with the 2026 third-quarter grant cycle, the maximum grant award will be reduced from $40,000 to $30,000 per quarter.
he Foundation will place increased priority on projects that demonstrate strong matching funds and community investment.
“Moving forward, we must be more strategic than ever,” said Rachael Cole, board vice-president. “Projects that show strong local support and matching resources will rise to the top. Our goal is to maximize the impact of every dollar we are able to invest.”
The release noted that further changes to grant guidelines are currently under review. Additional updates are expected. The Foundation strongly urges all applicants to review current guidelines carefully prior to submitting an application.
“These changes are not made lightly,” added Kystie Philips, board treasurer. “Our commitment to this region has not changed – but the way we operate must evolve in response to this new financial reality.”
Despite challenges ahead, the Rising Sun Regional Foundation remains dedicated to supporting initiatives that strengthen and sustain the communities it serves.
For more information about updated grant guidelines and application details, please visit www.rsrfonline.org or contact Cheryll Obendorf, executive director, at 812-438-4490 or director@rsrfonline.org.
