The Caesars Foundation of Floyd County was established in October 1999 by Caesars Southern Indiana Casino in partnership with public officials from Floyd County and New Albany, Indiana. The foundation was created to provide a much-needed funding resource for economic development and improvement of quality of place benefitting Floyd County.
The Caesars Southern Indiana Casino makes monthly contributions to the foundation based on a percentage of casino revenues. The income to the foundation is utilized for both direct grantmaking by the foundation and to build a foundation endowment. The Foundation will use the investment generated income to ensure the philanthropic work of the Foundation lasts forever to benefit Floyd County residents.