An Affiliate of the Greater Salina Community Foundation

What is a Community Foundation? 501 (c)(3) charitable organization A pool of endowment funds Principal is invested and the interest is used for charitable grants A charitable “savings account.” A vehicle that connects people who care with causes that matter

Our mission is: “to build permanent endowment funds and meet charitable community needs.”

“A charitable endowment is a fund which is kept in perpetuity to provide earnings for the benefit of a charitable cause.” “Endowments are created to secure the future of organizations by ensuring there will be resources available.”

What is the benefit of an Endowment? Creates an ongoing source of income Enhances stability and credibility Relieves pressure on a charity’s annual fundraising Allows program expansion Provides independence Builds pipeline of future gifts

An endowment fund is established with a gift from a generous donor. How Endowment Works A charitable endowment is a fund which is kept in perpetuity to provide earnings for the benefit of a charitable cause. An endowment fund is established with a gift from a generous donor. Through prudent fiscal management by the Foundation, the endowment fund grows and produces investment income. The principal is held in perpetuity, while a percentage of the investment income is paid out each year.

$99,000,000 Will transfer from one generation to the next in Osborne County from 2014-2020. Over $108 million will transfer in the next decade.

Estate wealth is handed down from one generation to the next. Transfer Of Wealth Estate wealth is handed down from one generation to the next.

Keep 5 in Kansas 2014-2020 5% Annual Grants 2064 Osborne County $99 million $4.95 million $247,000 $535 million Keeping just 5% in the county through the community foundation could mean up to $4.95 million that would go back into communities by 2020. Just imagine the possibilities!

$35,000 $18,600 $15,500 Power of endowment YEAR 50 YEAR 25 YEAR 15 endowed fund $51,000 in cumulative grants YEAR 50 $18,600 endowed fund $19,000 in cumulative grants YEAR 25 $15,500 endowed fund $10,000 in cumulative grants YEAR 15 YEAR 1 $10,000 endowed gift Power of endowment Assumes 5% annual payout with a 1% administrative fee and a 8.5% rate of return

“All affiliates are part of the same corporate entity under the Greater Salina Community Foundation.”

Great Salina Community Foundation - GSCF Quick Facts 12 regional affiliates throughout north central and northwest Kansas First affiliate joined in 2001 (Smoky Hills Charitable Foundation-Ellsworth County) Manage over 600 funds Current assets exceed $150 million Distributed over $65 million in grants on behalf of our donors Ranked #1 in investment returns in 2014 by Council on Foundations Accredited by National Standards since 2007

Dane G. Hansen Foundation Matching Initiative The Dane G. Hansen Foundation has pledged to donate $1 for every dollar raised for the Osborne County Community Foundation, up to $50,000 during this campaign. (Maximum $5,000 per individual.)* This is a unique opportunity to establish endowed funds for the Osborne County Community Foundation which will benefit current and future generations. *Campaign Deadline: February 28, 2017

Levels of Giving Founder * $5,000 or greater Leadership Level $1,000 - $4,999 Supporter Level Up to $1,000 *Only contributions of $5,000 or greater in February 2017 will be considered Founders Campaign Deadline: February 28, 2017

Thank you for your pledge! Make your tax deductable contribtions to: Osborne County Community Foundation P.O. Box 85 Osborne, KS 67473 Campaign Deadline: February 28, 2017 Thank you for your pledge!