What is a Community Foundation? Community people connected by geography… to each other.

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Presentation transcript:

What is a Community Foundation?

Community people connected by geography… to each other

Foundation a platform for growth

a platform for building community Community Foundation

We are a nonprofit, community corporation created by and for the people of Clinton County. We are here to help our communities prosper….. Forever. Community Foundation

1 three distinct functions 2 3 Our Community Foundation has

Create Permanent Endowments 1

1 Invest and protect principal Distribute earnings via grants Build permanent community capital Create donor legacies

2 Assist Communities and Organizations

-Organizations may become an affiliate under our “umbrella” – allowing them to utilize the benefits of our 501(c)3 status and meet tax reporting requirements. 2 - We grant funds to assist various organizations with community projects.

Facilitate Personal Charitable Wishes 3

-Cash -Stocks -Property -Life Insurance -Bequests/Wills Fulfill all charitable intents Eligibility for Tax Credits Contribute in a variety of ways 3

Our Community Foundation has three distinct functions: Create Permanent Endowments 1

Our Community Foundation has three distinct functions: Assist Communities And Organizations 2 Create Permanent Endowments 1

Our Community Foundation has three distinct functions: Facilitate Personal Charitable Wishes 3 Create Permanent Endowments 1 Assist Communities And Organizations 2

Community Foundations are among the fastest-growing forms of philanthropy in the United States today!

In 1987 Lillian Fell had a vision….. She wanted to ensure that our communities charitable programs were supported now and for generations to come….. That is why, over 25 years ago, she left a large gift of over $200,000 to begin our foundation. Today, the Lincolnway Community Foundation manages close to $5 million in assets.

LincolnWay Community Foundation has set up many endowments, assisted organizations and has awarded grants of over $500,000 Since 1987

Audrey Henning Endowment funds: Scholarships for Calamus-Wheatland Students

Kent Ploog Endowment funds: Scholarships for Northeast Students

Calamus Calco Building-grant recipient for building maintenance

Central Community Music Boosters Raised Funds for New Band Uniforms as an affiliate of LWCF – using 501(c)3

Welton Women of Welton - grant recipient for new fire trucks. Also is an affiliate.

DeWitt Operahouse Theatre-Endowment to maintain the building.

Grand Mound The Grand Mound Ball Park- grant recipient

Delmar St. Patrick’s Cemetery has a $100,000 endowment for maintenance.

You too can make a difference … Learn, Earn and Return!! Leave a Legacy…..