Helping you help your community.

For good. For ever.

COMMUNITY FOUNDATIONOF NORTHEAST IOWA

A member o f the f a s t e s t g rowin g s e c to r o f ph i l an t hropy i n the US today

A pub l i c char i t ab l e foun d a t ion ma de u p o f ma ny n a med fu n ds tha t cha n n e l s g i f t s f rom in d i v idu a l a n d c o r po ra te don or s to a v a r i e t y o f cha r i t a b l e o r g a n i z a t ion s in the l o c a l c ommu n i t y

A ph i l a n th rop i c in s t i tu t i on gove rn ed by a l o c a l b oard o f p r i v a t e c i t i z en s

What is a community foundation?

Our Mission

Respond to the current and future charitable needs of the Greater Northeast Iowa Area.

Secure and serve as the custodian of endowment funds contributed by many donors.

Create other mechanisms that will channel charitable money, goods and services to meet community needs.

Our Current Statistics

More than 800 funds

Over $42 million in assets (over $35 million is permanently endowed)

More than $5 million in annual grants

Cumulative grants of nearly $35 million since our inception in 1956

ONE: Permanent endowment

TWO: Broad, flexible purpose

THREE: Personalized giving

THREE DISTINCT FEATURES

o Invest and protect principal

o Distribute earnings via grants

o Build permanent community capital

o Create donor legacies

ONE: Permanent Endowment

DID YOU KNOW?

If you create an endowment worth $25,000 today, in 25 years you will have given this community $46,172 dollars in

grants and your endowment will be valued at $69,257.

The Power of Endowment

Gift and grant values assume an 8.5% growth in the market and grants of 4% annually.

o Support high-impact opportunities

o Bring organizations into existence

o Redirect funds as appropriate

o Monitor all community needs

TWO: Broad, flexible purpose

o Fulfill multiple charitable intents

o Gain maximum tax advantage

o Be involved in establishing a fund

THREE: Personalized giving

Types of Funds

Unrestricted Fund

Meeting ever-changing community needs

Field of Interest Fund

Addressing needs in an important area of community life (e.g. arts and culture, education, environment, health, etc.)

Designated Fund

Directing gifts to specific agencies or purposes (e.g. scholarship)

Donor Advised Fund

Involving donors in the use of their gift

Scholarship Fund

Benefits students seeking higher education

Agency Endowment Fund

A simple an efficient way to build an endowment and create sustainability for non-profit organizations

Corporate/Organization Fund

Corporations and Non 501(c)3 organizations establish charitable fund at the Community Foundation

Ways to Give

Outright Gifts

Gifts of cash, stocks, real estate or other assets

Charitable Gift Annuity

Annuity contract pays donor for life and charitable fund commences grants upon death

Charitable Lead Trust

Trust pays the Community Foundation a fixed amount for a number of years and then assets go to beneficiary

Charitable Remainder Trust

Trust pays beneficiary for life and then assets transfer to the Community Foundation

Bequests

Designate a portion of an estate

Life Estate Contract

Donor transfers home to the Community Foundation and still enjoys living at home

Retirement Plans

IRA’s, etc. By naming the Community Foundation as beneficiary of a retirement plan, 100% stays in the community

Insurance

Insurance policies can be named to the Community Foundation in total or even a portion

Endow Iowa• A 20% state tax credit is available through this legislation for donations to endowment funds at qualified community foundations that meet national standards, like the Community Foundation of Northeast Iowa.

LEGISLATIONfor Community Foundations

IRA Rollover•Holders of traditional and Roth IRAs who are at least 70 ½ years old can make direct charitable transfers up to $100,000 per year, tax free.

•Some experts estimate heirs receive less than 25% of most IRA assets that pass through estates.

•If given to a Permanent Endowment at a Community Foundation that meets national standards, the donor will also receive a 20% state tax credit!

• The Community Foundation of Northeast Iowa is the host foundation for 29 county and community affiliate foundations. Each affiliate is able to serve their geographic area with a local governing body while receiving administrative assistance from the Foundation.

• The Community Foundation of Northeast Iowa headquarters is located in Black Hawk County.

AFFILIATESof the Community Foundation

Successful AgencyPartnerships

WATERL OO/CEDAR FALLS S YM PHONY

Endowment Fund

CEDAR VALLEY UN ITED WAY

Endowment Fund

WATERL OO SCHOOLS

Endowment Fund

1 We are a local organization with deep roots in the community

2 Our professional staff has broad expertise regarding community issues and needs

3 We provide highly personalized service tailored to each individual’s charitable and philanthropic interests

4 Our Donor Advised Funds help people invest in the causes they care about most

5 We accept a wide variety of assets, and can facilitate even the most complex forms of giving.

10 ReasonsPeople choose to give through the Community Foundation

6 We partner with professional advisors to create highly effective approaches to charitable giving

7 We offer maximum tax advantage under state and federal law

8 We multiply the impact of gift dollars by pooling them with other gifts and grants

9 We build endowment funds that benefit the community forever and help create personal legacies

10 We are a community leader, convening agencies and coordinating resources to create positive change

10 ReasonsPeople choose to give through the Community Foundation

www.cfneia.org

Make a lasting difference in your community today through the Community Foundation of Northeast Iowa!