Community Foundation of Greater Des Moines 2013 Annual Report

Page 37

Scholarship Funds

Charitable Gift Annuities

Donors may establish Scholarship Funds to benefit students of a particular school, geographic region, educational discipline, gender or other designation.

A charitable gift annuity is a simple contract between a donor and the Community Foundation by which a portion of the amount transferred to the Community Foundation establishes a fund to benefit a charity of the donor’s choice and the remainder is returned to a designated recipient as scheduled income payments.

Bell-Pullen Arts & Culture Scholarship Fund Branstad-Reynolds Scholarship Fund Larry W. Carter Scholarship Fund Moyer Debate Scholarship Fund Roosevelt High School John Hansell Memorial Scholarship Fund Roosevelt High School Kirkpatrick Physics Scholarship Fund Frank J. Ross Memorial Scholarship Fund Cristine Swanson Wilson Memorial Scholarship Fund Mary E. Wood Scholarship Fund Seed Funds Seed Funds allow donors to build their funds to $10,000 over a 10-year period with an initial contribution of $1,000 and a minimum annual contribution of $600. Once $10,000 is accumulated, donors can start supporting the causes they care about most. An administrative fee is not charged until the fund grows to $10,000. Dethlefs/Trettin Family Fund Katy & Ryan Flynn Charitable Fund RC Flynn Foundation Fund Tammy & Brian Gentry Family Fund Johni Hays & David Schlindwein Charitable Fund Herbel Family Charitable Fund Sheila & Eric Kinman Endowment Lauren & Kristi Knous Charitable Fund Matthew McCoy Charitable Fund Matthew & Heather McDermott Family Endowment Meals from the Heartland Endow Iowa Fund John & Brooke Mickelson Family Charitable Fund Julie Mickelson Charitable Fund Ellen & Bruce Nelson Charitable Fund June Owens Charitable Fund P. Brooks Reynolds Charitable Fund Ashley & Mike Shafer Charitable Endowment String Thing Fund Kris & Stacia Swanson Family Charitable Fund Sarah & Zac Voss Endowment

Anonymous (2) June Cornelius Fund Jerome Cubbage Charitable Gift Annuity Fund Tom Flack Charitable Fund Hrabe Charitable Gift Annuity Fund Clayle, Milva, Maxhn, and Janine McCaw Scholarship Fund Maxine Mae Gambs McCaw Music Scholarship Fund Richard Riley CGA Fund Verna Ritchie Fund to benefit Planned Parenthood of Greater Iowa West CGA Fund Administrative Funds Administrative Funds support the success of the Community Foundation by providing funding for the Community Foundation to carry out its mission to improve quality of life. Community Foundation Endow Iowa Finkbine Mansion Facility Fund Community Foundation Endow Iowa Operating Fund Community Foundation Finkbine Mansion Facility Fund Community Foundation Operating Fund Johnny Danos Professional Development Fund

Accounting Services for Nonprofits The Community Foundation provides professional accounting and administrative services for organizations ready to spend more time fulfilling their missions and less time on financial administration. Nonprofit Accounting Services clients establish funds to hold their operating dollars, and the Community Foundation processes all gifts and disbursements, records all accounting transactions and provides monthly financial reports. Above & Beyond Cancer Operating Fund Boys & Girls Clubs of Central Iowa Operating Fund Bravo Greater Des Moines Operating Fund Catholic Foundation of Southwest Iowa Operating Fund Communities in Schools Operating Fund Des Moines Social Club Operating Fund Free Clinics of Iowa Operating Fund Greater Des Moines Public Art Foundation Operating Fund Hawthorn Hill Operating Fund Iowa Chronic Care Consortium Operating Fund Iowa Home Ownership Education Project (IHOEP) Operating Fund ISED Ventures Operating Fund Joppa Outreach Operating Fund Mid-Iowa Health Foundation Operating Fund Prevent Child Abuse Iowa Operating Fund River Front Development Authority Operating Fund Safeguard Iowa Partnership Operating Fund StageWest Theater Company Operating Fund

Supporting Organizations A supporting organization is operated by the Community Foundation. The purpose of these supporting organizations is to allow the Community Foundation to receive gifts of privately held stock and property and to serve as the host charity for The Principal Charity ClassicÂŽ. GDMCF Charitable Trust GDMCF Charity Golf Classic, LLC GDMCF Properties, LLC

2013 Annual Report | Community Foundation of Greater Des Moines

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