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Program brings music and love to students, no strings attached Music stirs the senses, triggers emotion, and brings people together on an intimate level. Perhaps no place in history has music's impact been more prevalent than in our churches. Now, a Waterloo congregation is bringing the power of music to students at a local elementary school. Started in 2016, the No Strings Attached program connects members of Unity Presbyterian Church to fourth and fifth-grade students at Waterloo's Kittrell Elementary School. The secular after-school program puts stringed instruments in the hands of just over 40 youth, teaching them how to play and bringing empowerment and encouragement into their lives. "This program is about empowerment. It's important we teach them good music, but it's also important we teach them they are loved, that they are worthy, that they are valuable human beings," said Rev. Christine Kaplunas, pastor at Unity Presbyterian and director of No Strings Attached. "This is not just about getting the music right." When Rev. Kaplunas was called to serve her current congregation, she sought to bring the church beyond its four walls and to have it reach into the community. She also brought
her passion for music, a degree in violin performance, and experience teaching stringed instrumental music to youth. She presented the idea of the No Strings Attached program to her mission committee and then to Kittrell Principal Dr. Audrey Wallican-Green, who immediately found value in the proposed program. The church provides food, volunteers, and funding, and the school provides the rehearsal space. As a small, grassroots program, No Strings Attached relies on partnerships to provide students with a top-notch experience. Its partnership with the Community Foundation of Northeast Iowa allows the program to attract good teachers by paying them a fair salary. A CFNEIA grant also helps pay to repair the instruments on loan from the Waterloo Community School District. "The grant makes a difference between having just a small handful of students versus having an entire class. The Community Foundation's commitment allows us to continue our work," said Rev. Kaplunas. "This type of program is not easy to fund or to maintain over the long term. This is a volunteer project." continue p. 2 go online
To inspire people and connect resources to enrich our communities. WINTER 2018 ISSUE
Visit cfneia.org COMMUNITY FOUNDATION OF NORTHEAST IOWA
TAX REFORM PRESENTS OPPORTUNITIES KAYE ENGLIN President and CEO
Many Americans are assessing their charitable giving in light of the new tax law enacted in December 2017, while nonprofits wait to see how the new law impacts their donations. The importance of charitable giving has never been more pronounced, and the generosity of people remains essential to keeping our communities strong. The Community Foundation of Northeast Iowa is a partner in your charitable efforts, offering tax-wise strategies that help you best support the causes that matter most to you. One strategy often referred to as bunching, may be a solution for donors who might not reach the new standard deduction limit every year. This strategy, coupled with the benefits of a donor advised fund through the Community Foundation, can be a tax-wise giving vehicle. Donors can “bunch” their charitable contributions into their own named donor advised fund in one calendar year, setting them over the standard deduction limit. The fund then allows donors to continue to direct gifts to the causes they care about, potentially maintaining their previous contribution levels and timing.
No Strings Attached cont. The students in the program come together every Wednesday to experience music, build social bonds, and receive love and encouragement from volunteers who tell them that they are enough. Rev. Kaplunas says the gifts given by volunteers are also received in a life-changing way. "God has given us so many gifts with no strings attached, and yet we put so many strings on our gifts. This is a gift this church gives with no strings attached," said Rev. Kaplunas. "If we've put any strings on this program, they are that we want these children to be resilient and compassionate and empowered to do good."
A second strategy known as accelerated bequests, may also be a great solution for a donor who plans to leave a gift in their Will to charity. With the increased estate tax exemption, it may be tax-wise to accelerate the gift during their lifetime. Many tools through the Foundation are available to fulfill the donor’s charitable wishes. Several other great charitable giving options unaffected by the new law remain attractive options for reaching your charitable goals. Gifts of stock and real estate are tax-wise options. Stock transfers are simple and save donors the capital gains. Another option for donors 70 ½ or older is the IRA charitable rollover, regardless of whether the donor itemizes their taxes. Donors can roll their minimum distribution requirement, up to $100,000, directly to the Community Foundation to support a fund, income-tax free. CFNEIA always recommends you consult with your financial advisors to consider how you can best maximize tax benefits and continue supporting the causes you care about. Thank you for your continued generosity. We are honored to serve and assist you and our nonprofit partners in creating vibrant communities. Please use us as a resource to learn more about how you can develop tax-wise charitable giving strategies to support the causes that matter to you now, and for generations.
GIVE Give Online cfneia.org/givetoday Mail a Check CFNEIA 3117 Greenhill Circle Cedar Falls, IA 50613 Consider a Planned Gift There are many options to plan now for a gift later. Call our Development team at 319-287-9106 to learn more.
Community Foundation of Northeast Iowa
Rev. Christine Kaplunas gives a No Strings Attached student one-on-one attention.
RECEIVE What We Fund We fund 501(c)(3) nonprofits and government entities working on projects that make the communities they serve stronger for the people who live there. We do this through grantmaking in seven core areas. Go to cfneia.org/grants to get more information and apply for grants.
CONNECT 319-287-9106 www.cfneia.org @
Farmland for Good program keeps land local and allows farmers to fulfill charitable wishes Farmers are a big part of fueling our communities. From year to year, their livelihood has a direct impact on the places we live and the neighbors who rely on agriculture as an economic engine providing jobs and community resources. With this in mind, many farmers are looking at how they can continue to make a difference in the hometowns they love – even after retirement or death. What many farmers and landowners may not be aware of is that there are options to keep the land they love in production, while receiving tax benefits and supporting their community for generations to come. Assets of farmland can be gifted as a whole or in part, for a charitable purpose through gifts of real estate through programs like the Community Foundation of Northeast Iowa’s Farmland for Good program. Today in Iowa, an unprecedented transfer of wealth is occurring, and this wealth includes farmland. In 50 years, $531 billion is expected to pass through probate estates from one generation to the next in Iowa. Much of this wealth may be heavily taxed if given to heirs. Each farmer or landowner’s situation is different, but there are several land gifting options that exist. The result is that landowners can make a significant impact on their community and the causes that matter to them for generations to come and receive tax benefits. The donor, for example, could make an outright gift of farmland and instruct the Community Foundation to rent the land for a set number of years with earnings going to a permanent endowment
fund established with CFNEIA that benefits the nonprofit or community entity of their choice. This results in a charitable fund that provides support to the selected cause or causes forever. When a person gives the Community Foundation or other qualified charities all or a portion of his or her estate, the value of the land acts as a charitable gift deduction on his/her tax return. With a plan, you can reduce the estate tax burden and possibly eliminate it. More importantly, landowners can leave a charitable legacy for their community. It’s important to know that options are available that include ways to preserve part of a family’s assets while generating charitable funding forever. To summarize, benefits of gifting farmland include: • Land stays local with CFNEIA and is tended to by local hands. • Land remains functional as farmland. • Land provides a lasting legacy for you and your community. • The donor receives a tax deduction for the fair market value of the property. • Donor bypasses capital gains taxes. • Possibly reduce or eliminate estate taxes for your family. Every landowner’s situation is unique, and the Community Foundation of Northeast Iowa recommends you discuss options with a tax or financial advisor. More on CFNEIA’s Farmland for Good program can be found at cfneia.org/farmland4good or by calling the Foundation at 319-287-9106.
CFNEIA sponsors Read Across America reading initiative for Cedar Valley schools Read Across America is a national annual reading motivation and awareness program that calls for every child in every community to celebrate reading on March 2, the birthday of children's author Dr. Seuss. The Community Foundation of Northeast Iowa sponsored the local 2018 Cedar Valley initiative. Big Brothers Big Sisters of Northeast Iowa, Cedar Valley Jaycees, and Cedar Falls Kiwanis Rough Risers coordinated the local program, in its second year. Volunteers read to classrooms in the Waterloo and Cedar Falls School Districts. In 2017, 72 Waterloo classrooms and 120 volunteer readers participated. Due to the Community Foundation’s sponsorship in 2018, the organizations were able to add the Cedar Falls Community School District. This year, 92 classrooms and over 130 volunteer readers participated. The Community Foundation’s sponsorship also provided 2-3 books of the teachers’ choosing to leave behind in each participating classroom as gifts. CFNEIA staff also volunteered in classrooms to promote the importance of reading.
WINTER 2018 ISSUE
CFNEIA President and CEO, Kaye Englin, reads to a classroom during last year's Read Across America. COMMUNITY FOUNDATION OF NORTHEAST IOWA
Algona mayor remembers wife through gift to community they love
The Lynn and Sherry Kueck Family Algona Betterment Fund will help ensure community betterment projects, in places like the city's historic downtown (pictured above), continue to make Algona a great place today and for future generations.
Algona is a strong city, prepared to grow and continue thriving for families of all sizes. However, as a city official, Mayor Lynn Kueck knows the importance and difficulty of supporting projects, big and small, which is why he recently teamed up with the Kossuth County Community Foundation. Lynn, along with his late wife Sherry, was born and raised in Mayor Lynn Kueck Algona. After attending college and marrying, both Lynn and Sherry returned to Algona where they started teaching in the Algona Schools system. Lynn was eventually approached by a group of business owners who suggested he run for mayor. He won his first election in 1997 and 20 years later, he is still in office. The couple’s love for their hometown was not surprising. Their investment in both the community’s youth and the city’s continuous improvement only grew their passion for Algona. This is why, after Sherry passed away from a life-long battle with diabetes, Lynn decided to establish the Lynn and Sherry Kueck Family Algona Betterment Fund with the Kossuth County Community Foundation. “In her memory, I thought it would be appropriate to take care of the town that nurtured us and took care of us,” said Lynn.
Community Foundation of Northeast Iowa
The Lynn and Sherry Kueck Family Algona Betterment Fund’s goal is to ensure that Algona has funds to support the everyday projects, such as the hanging baskets and large potted flowers downtown that make it welcoming and enjoyable. Lynn hopes this new funding source will help free up the city’s budget, allowing for more projects that improve the quality of life for Algona residents and make it more appealing to visitors. “City councils have to make tough decisions, so this fund will help keep those little, but important, things alive,” said Lynn. Because the fund is an endowment, Lynn knows that his investment will work toward improving the life of all in Algona forever. The fund is a permanent source of community capital, doing good today and in the future. Lynn has two grandchildren whom he keeps in mind when he dreams of Algona’s future. “I want Algona to be a place they would be happy to come back to for a career and to raise their own families,” said Lynn. Together, the Kossuth County Community Foundation and Mayor Kueck are able to keep a love for Algona living forever. “I truly hope Algona continues to prosper the way it is now. I believe this fund is a step toward a prosperous future,” said Lynn.
New resources for leaving a legacy now available online
Go to cfneialegacy.org to access new planned giving resources.
The Community Foundation of Northeast Iowa has launched a new resource for people looking for relevant information on leaving a charitable legacy. Our new planned giving website includes valuable personal, financial, and estate planning resources for individuals and families who want to meet their financial and charitable goals. The website, cfneialegacy.org, includes a personal planning guide, information on gift options, tips on savvy living, and the most recent financial news. The new website also includes professional resources for financial and tax advisors working to help clients fulfill their wishes. Advisor resources include a full charitable giving and tax law information service, gift calculators, and case studies. We are here to assist you in creating a plan that is right for you and your family. Access these great free resources at cfneialegacy.org or contact our charitable giving experts at info@cfneia. org or 319-287-9106.
Fall 2017 grant cycle has big impact
Photo Charles City Press
CFNEIA's final grant cycle of 2017 added to our grantmaking impact. Grants are awarded to organizations partnering to create a vibrant region of thriving people. A full report of our 2017 grantmaking activity will be available in our impact report to be published this spring.
Fall Cycle Totals: 70 Grants Totaling $553,950 Black Hawk County (CFNEIA) – 33 Grants Totaling $413,882 Floyd County Community Foundation – 30 Grants Totaling $115,730 Mitchell & Howard County Opportunity Fund –3 Grants Totaling $8,989 Waterville Community Foundation – 2 Grants Totaling $1,949 Women in Philanthropy – 2 Grants Totaling $13,400 2018 grant applications are now available for Black Hawk County and our Bremer, Buchanan, Cerro Gordo, Iowa, Readlyn, Waverly, and Winnebago affiliate foundations. Applications, guidelines, and deadlines can be found at cfniea.org/grants.
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A Floyd County Community Foundation grant recipient hugs long-time FCCF governing committee member Judy Hauser while accepting a grant at the January awards ceremony.
COMMUNITY FOUNDATION OF NORTHEAST IOWA
Grantmaking Snapshots P R OJ E C T: L I V E S T O C K A N D FA I R A S S O C I AT I O N
With the help of the Tama County Community Foundation, the Tama County Livestock and Fair Association was able to put a divider in the new Dairy Barn. The new dividing fence line, which runs down the middle of the new dairy barn at the fairgrounds, provides a place for exhibitors to tie up their animals. Without the installation of the divider in the new barn, animals would be at risk of becoming loose. The animals looked happy and were well provided for in their new surroundings during the week of the fair.
TAMA COUNTY FAIR BOARD TA M A C O U N T Y C O M M U N I T Y F O U N D AT I O N
P ROJ EC T: L A K E M I L L S C H O RU S C O N C E R T AT T I R E
Lake Mills Music Boosters were able to purchase new choir robes and shoes for their student performers to wear thanks to a grant from the Winnebago County Community Foundation. The goal was to make the choir look uniform. However, the purchase accomplished much more. Now, no matter the individual’s financial situation, each student is able to fit in and look professional. The students’ have increased confidence and feel good about being a part of the choir.
LAKE MILLS MUSIC BOOSTERS W I N N E B A G O C O U N T Y C O M M U N I T Y F O U N D AT I O N
P ROJ EC T: E N H A N C I N G G O E K E N PA R K THROUGH FUNCTIONAL PUBLIC ART
As part of a statewide initiative to develop public art along Iowa’s Scenic Byways, Northeast Iowa RC&D has constructed an artistic sculptural metal fence at Goeken Park overlook. The Fayette County Community Foundation awarded a grant for the metal fence, replacing the previous existing safety barrier. The metal fence is part of a marketing effort to draw visitors to public art locations across the state. The sculpture has brought a unique piece of beauty to Fayette County.
NORTHEAST IOWA RC&D FAY E T T E C O U N T Y C O M M U N I T Y F O U N D AT I O N
Community Foundation of Northeast Iowa
2018 Endow Iowa tax credits have been expended
New Funds F U N D S E S TA B L I S H E D B E T W E E N O C T O B E R 3 , 2 0 1 7 A N D F E B R U A RY 2 2 , 2 0 1 8
Big Brothers Big Sisters of Northeast Iowa, Inc. Endowment Fund Big Brothers Big Sisters of Northeast Iowa, Inc. Fund (Quasi) Bethlehem Evangelical Lutheran Church Endowment Fund Charles and Jann Davis Family Endowment Fund Decorah Volunteer Fire Department Endowment Fund Decorah Volunteer Fire Department Quasi Endowment Fund John and Kaye Englin Charitable Fund (Quasi) Finn House Endowment Fund Floyd County Medical Center Foundation Fund Friendship Village Foundation Fund Greater Waverly Kiwanis Club Charitable Fund Jesup Community School FFA Scholarship Fund Koenigsfeld Family Roseville General Store Endowment Fund Kossuth County Public Safety Endowment Fund Established by Donald R. Tietz Gary and Elaine Lawrence Family Fund Edward and Michele McCann Family Fund Operation 11th Hour Veterans Memorial Fund Robinson Family Fund Eric and Catherine Smith Quasi Endowment Fund Carlene and Rolf Solbach Family Fund Chris and Rhonda Storlie Family Endowment Fund Ventura Community Impact Fund Marguerite Vodicka Lybbert Fund Waverly-Shell Rock High School Band Fund
The generosity of Iowans continues to amaze us. Due to the response of Iowans making gifts to impact their community through accredited Iowa community foundations, as of February 16, all 2018 Endow Iowa tax credits have been allocated. You can still make a gift that makes a difference for the causes you care about and receive tax benefits. Endow Iowa eligible gifts made in 2018 will be placed on a wait list for 2019 tax credits in the order in which they were received by the state. 2019 Endow Iowa credits will be distributed on a first-come, first-served basis. We encourage you to make your gift early to help ensure you receive 2019 credits. If you would like assistance or have any questions regarding the Endow Iowa state tax credit program, please call our office at 319-287-9106.
Floyd County affiliate welcomes new development associate
CONTRIBUTIONS TO QUALIFIED FUNDS ARE ELIGIBLE TO RECEIVE THE ENDOW IOWA TAX CREDIT. FOR MORE INFORMATION GO TO CFNEIA.ORG OR CALL US AT 319-287-9106.
Finn House Endowment Fund
Bill and Nelda were partners in the treatment of alcoholism in Kossuth County. Bill was a recovering alcoholic for nearly 40 years, making him the perfect person to help others who were on their journey to recovery. Those Bill helped were anonymous, but proof of his dedication and passion for others is seen through the naming of the Finn House in his honor. The Finn House is a welcoming environment for members of Alcoholics Anonymous to gather for support. The Finn House Endowment Fund was established by the family of Bill and Nelda's son, Dr. Jim Finn, to support the ongoing work of the Finn House.
Visit cfneia.org/findafund for a list of all funds.
WINTER 2018 ISSUE
The Floyd County Community Foundation is excited to welcome Diane Neuzil to the role of Development Associate. Diane and her family are 25year residents of Charles City. She will be working with generous people who love Floyd County to create impacts for the causes that matter most to them. Diane can be contacted at firstname.lastname@example.org or 641-330-7173.
COMMUNITY FOUNDATION OF NORTHEAST IOWA
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The Community Foundation of Northeast Iowa is a nonprofit committed to creating long-term impacts in 20 counties in Iowa. CFNEIA connects people to the causes they care about and makes grants to organizations creating a stronger and more vibrant quality of life for everyone.
To inspire people and connect resources to enrich our communities.
A vibrant region of thriving people.
CFNEIA SERVICE AREA
County Affiliates Community Affiliates
Ackley Community Benton County Black Hawk County Bremer County Buchanan County Butler County Cerro Gordo County Chickasaw County Elma Area Community Emmet County Fayette County Floyd County Franklin County
Grundy County Howard County Iowa County Kossuth County Palo Alto County Readlyn Community Tama County Waterville Community Waverly Community Winnebago County Winneshiek County Worth County
Endow Iowa Tax Credit CFNEIA is a qualified community foundation that provides access to Endow Iowa Tax Credits. Taxpayers can receive a 25% Iowa tax credit though Endow Iowa in addition to normal federal charitable income tax deductions for certain charitable gifts.
CFNEIA is Confirmed in Compliance with National Standards for U.S. Community Foundations. Our accreditation provides assurance that we have sound policies and practices in place. In short, it means we meet the highest standards for local giving.
Published on Mar 9, 2018
Published on Mar 9, 2018
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