Community Report Strengthening local philanthropy to support healthy communities.
“
You are a major part of our progress.
”
Focused on the future. The Galesburg Community Foundation is focused on the future of the communities we serve. We are working to strengthen local philanthropy to support healthy communities. That’s why we emphasize impactful grants, strategic gifts and thoughtful leadership. Because when it comes down to it that’s what Community Foundation’s are all about— grants, growth and leadership. Your Community Foundation is responsible for growing assets that benefit our communities, providing grants that support our nonprofits and creating leadership opportunities for our communities. We look forward to sharing this report with you. Our Community Report summarizes the good work that you and your neighbors are helping make happen— whether you are involved with a nonprofit board, participate in local events supported by GCF or contribute—you are a major part of our progress.
Carl Nixon Chairman
Joshua D. Gibb Executive Director
Thank you for your continued support and involvement. If you have questions or want to know more contact us anytime at: 309.344.8898 or jgibb@ahealthycommunity.org.
2
3
“
You are a major part of our progress.
”
Focused on the future. The Galesburg Community Foundation is focused on the future of the communities we serve. We are working to strengthen local philanthropy to support healthy communities. That’s why we emphasize impactful grants, strategic gifts and thoughtful leadership. Because when it comes down to it that’s what Community Foundation’s are all about— grants, growth and leadership. Your Community Foundation is responsible for growing assets that benefit our communities, providing grants that support our nonprofits and creating leadership opportunities for our communities. We look forward to sharing this report with you. Our Community Report summarizes the good work that you and your neighbors are helping make happen— whether you are involved with a nonprofit board, participate in local events supported by GCF or contribute—you are a major part of our progress.
Carl Nixon Chairman
Joshua D. Gibb Executive Director
Thank you for your continued support and involvement. If you have questions or want to know more contact us anytime at: 309.344.8898 or jgibb@ahealthycommunity.org.
2
3
our team Board Carl Nixon Chairman Mark Kleine Vice-Chairman Joel Estes Secretary David Pearson Treasurer
Joyce Coffman Dr. Subbia Jagannathan** Lance Humphreys Thomas Maloney Carol Simpson** Susan Twomey**
Harry Bulkeley **Not pictured
Staff Joshua D. Gibb Executive Director Bobbi Pio Director of Operations Karlie Elliott Bowman Director of Communications Sherri Wayne Administrative Assistant
Community Treasures Leanne Simpson Manager Stacie Hart Assistant Manager
4
The Galesburg Community Foundation develops and supports the efforts of local people and organizations to promote healthy communities. 5
our team Board Carl Nixon Chairman Mark Kleine Vice-Chairman Joel Estes Secretary David Pearson Treasurer
Joyce Coffman Dr. Subbia Jagannathan** Lance Humphreys Thomas Maloney Carol Simpson** Susan Twomey**
Harry Bulkeley **Not pictured
Staff Joshua D. Gibb Executive Director Bobbi Pio Director of Operations Karlie Elliott Bowman Director of Communications Sherri Wayne Administrative Assistant
Community Treasures Leanne Simpson Manager Stacie Hart Assistant Manager
4
The Galesburg Community Foundation develops and supports the efforts of local people and organizations to promote healthy communities. 5
How does the community foundation work? It starts with donors... Individuals Businesses Private Foundations Nonprofit Organizations
Who have a passion... Community Arts Education Environment Community Wellness Faith
Who use their gifts... Cash Securities Real Assets Retirement Funds Insurance Bequests
6
...to create endowed funds that will make an impact forever.
We inspire philanthropy by... ...meeting with donors to determine which type of fund is right for their goals. …assisting donors with giving effectively. …helping donors grow funds. …providing regular fund activity statements. …preserving donor wishes in perpetuity.
7
How does the community foundation work? It starts with donors... Individuals Businesses Private Foundations Nonprofit Organizations
Who have a passion... Community Arts Education Environment Community Wellness Faith
Who use their gifts... Cash Securities Real Assets Retirement Funds Insurance Bequests
6
...to create endowed funds that will make an impact forever.
We inspire philanthropy by... ...meeting with donors to determine which type of fund is right for their goals. …assisting donors with giving effectively. …helping donors grow funds. …providing regular fund activity statements. …preserving donor wishes in perpetuity.
7
GCF
New Faces
by the numbers ASSETS CASH & CASH EQUIVALENTS
$
INVESTED ASSETS
$
PROPERTY & EQUIPMENT
$
SUPPORTING ORGANIZATION
$
TOTAL ASSETS
$
DISTRIBUTION
528,850
2%
15,940,866
SCHOLARSHIPS
8%
584,394
7,607,815 24,661,925
NONPROFIT PROGRAMS
43%
DONOR DIRECTED
47%
GCF DIRECTED
GCF’s Board is pleased to welcome two new board members, Susan Twomey and Dr. Subbia Jagannathan. Susan is a native of Monmouth and recently retired as executive director of the Buchanan Center for the Arts. Dr. Jagannathan is a radiologist in Galesburg and Monmouth. GCF is pleased to have Susan and Dr. Jagannathan’s perspectives join us.
Susan Twomey
68
FUNDS
LIABILITIES $
TOTAL LIABILITIES
578,880
255
GRANTS
NET ASSETS
8,334
11,574,894
UNRESTRICTED
$
TEMPORARILY RESTRICTED
$
PERMANENTLY RESTRICTED
$
VOLUNTEER HOURS
3,974,963
639,245
$
8,533,188
DOLLARS DISTRIBUTED
Dr. Subbia Jagannathan
TOTAL ASSETS & LIABILITY
$24,661,952 2014
8
9
GCF
New Faces
by the numbers ASSETS CASH & CASH EQUIVALENTS
$
INVESTED ASSETS
$
PROPERTY & EQUIPMENT
$
SUPPORTING ORGANIZATION
$
TOTAL ASSETS
$
DISTRIBUTION
528,850
2%
15,940,866
SCHOLARSHIPS
8%
584,394
7,607,815 24,661,925
NONPROFIT PROGRAMS
43%
DONOR DIRECTED
47%
GCF DIRECTED
GCF’s Board is pleased to welcome two new board members, Susan Twomey and Dr. Subbia Jagannathan. Susan is a native of Monmouth and recently retired as executive director of the Buchanan Center for the Arts. Dr. Jagannathan is a radiologist in Galesburg and Monmouth. GCF is pleased to have Susan and Dr. Jagannathan’s perspectives join us.
Susan Twomey
68
FUNDS
LIABILITIES $
TOTAL LIABILITIES
578,880
255
GRANTS
NET ASSETS
8,334
11,574,894
UNRESTRICTED
$
TEMPORARILY RESTRICTED
$
PERMANENTLY RESTRICTED
$
VOLUNTEER HOURS
3,974,963
639,245
$
8,533,188
DOLLARS DISTRIBUTED
Dr. Subbia Jagannathan
TOTAL ASSETS & LIABILITY
$24,661,952 2014
8
9
The following organizations received a grant from GCF in 2014:
Grants make a difference.
Each year GCF provides nonprofits serving Knox and Warren Counties the opportunity to apply to its competitive grant cycle. The competitive grant cycle supports programs serving local residents that fulfill the organization’s mission.
10
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
American Red Cross Western Illinois Chapter Buchanan Center For The Arts CASA of Knox County Camp Big Sky Children’s Hospital of Illinois at OSF St. Francis Choral Dynamics of Galesburg Christmas in Action Galesburg Discovery Depot Family Planning of Western IL FISH of Galesburg Galesburg Civic Arts Center Galesburg Community Chorus Galesburg CUSD #205 Galesburg Heritage Days Goodwill Industries of Central Illinois Galesburg Railroad Museum Galesburg Rescue Mission Girl Scouts of E. Iowa and W. Illinois, Inc. Heart of Illinois Big Brothers Big Sisters Jamieson Community Center KCCDD, Inc. Knox County Child Advocacy Center Knox County Health Department Knox County Housing Authority Knox County Teen Court Knox-Galesburg Symphony Knox Rootabaga Jazz Festival Knox County YMCA Monmouth-Roseville Education Foundation NOVA Singers Prairie Players Civic Theatre Prairie State Legal Services, Inc. Rainbow Riders ROWVA Public Schools Foundation Safe Harbor Family Crisis Center Special Olympics Illinois Stone-Hayes Center for Independent Living The Great Balloon Race, Inc. The Orpheum Theatre Triumph Services, Inc. United Way of Knox County VNA Community Services
“Philanthropy allows The Orpheum Theatre to enrich the quality of life in the community. Thanks to generous giving we provide the community the opportunity to experience the arts through our affordable Red Carpet Series, free Youth Entertainment Series (YES), free summer movie series, and we provide a venue for anything from local theatre to weddings.” Kevin L. Maynard, Executive Director, The Orpheum Theatre 11
The following organizations received a grant from GCF in 2014:
Grants make a difference.
Each year GCF provides nonprofits serving Knox and Warren Counties the opportunity to apply to its competitive grant cycle. The competitive grant cycle supports programs serving local residents that fulfill the organization’s mission.
10
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
American Red Cross Western Illinois Chapter Buchanan Center For The Arts CASA of Knox County Camp Big Sky Children’s Hospital of Illinois at OSF St. Francis Choral Dynamics of Galesburg Christmas in Action Galesburg Discovery Depot Family Planning of Western IL FISH of Galesburg Galesburg Civic Arts Center Galesburg Community Chorus Galesburg CUSD #205 Galesburg Heritage Days Goodwill Industries of Central Illinois Galesburg Railroad Museum Galesburg Rescue Mission Girl Scouts of E. Iowa and W. Illinois, Inc. Heart of Illinois Big Brothers Big Sisters Jamieson Community Center KCCDD, Inc. Knox County Child Advocacy Center Knox County Health Department Knox County Housing Authority Knox County Teen Court Knox-Galesburg Symphony Knox Rootabaga Jazz Festival Knox County YMCA Monmouth-Roseville Education Foundation NOVA Singers Prairie Players Civic Theatre Prairie State Legal Services, Inc. Rainbow Riders ROWVA Public Schools Foundation Safe Harbor Family Crisis Center Special Olympics Illinois Stone-Hayes Center for Independent Living The Great Balloon Race, Inc. The Orpheum Theatre Triumph Services, Inc. United Way of Knox County VNA Community Services
“Philanthropy allows The Orpheum Theatre to enrich the quality of life in the community. Thanks to generous giving we provide the community the opportunity to experience the arts through our affordable Red Carpet Series, free Youth Entertainment Series (YES), free summer movie series, and we provide a venue for anything from local theatre to weddings.” Kevin L. Maynard, Executive Director, The Orpheum Theatre 11
Grants in Action
success stems from solutions
Jon Sibley is in his second year of directing the Solutions program run by the Knox County YMCA.
“
I am going to change the world. -Jon Sibley
”
Solutions aims to improve the lives of youth needing a hand up at Lombard Middle School and Churchill Junior High in Galesburg. The program is administered by the Knox County YMCA and District 205 with funding support from the GCF. Sibley said, “When I took the job as Solutions Director I went into it thinking ‘I am going to change the world.’ And that is continually how I see it. This is not a 9-5 job and there are tons of challenges that come with it— but the students are succeeding and we are all very proud of them.” The Solutions program provides mentorship by providing positive role models to be active in student’s lives at school, home and extracurricular activities. It is an all-encompassing program that not only helps students improve their classroom performance, but also their life skills.
12
13
Grants in Action
success stems from solutions
Jon Sibley is in his second year of directing the Solutions program run by the Knox County YMCA.
“
I am going to change the world. -Jon Sibley
”
Solutions aims to improve the lives of youth needing a hand up at Lombard Middle School and Churchill Junior High in Galesburg. The program is administered by the Knox County YMCA and District 205 with funding support from the GCF. Sibley said, “When I took the job as Solutions Director I went into it thinking ‘I am going to change the world.’ And that is continually how I see it. This is not a 9-5 job and there are tons of challenges that come with it— but the students are succeeding and we are all very proud of them.” The Solutions program provides mentorship by providing positive role models to be active in student’s lives at school, home and extracurricular activities. It is an all-encompassing program that not only helps students improve their classroom performance, but also their life skills.
12
13
New Funds in 2014
Field of Interest Funds
• •
• • • •
• •
Funds Fuel the Future
The creation of a charitable fund allows individuals to connect with causes they care about and express philanthropy in a way that is important to them. Funds also enable nonprofits to make our communities healthier.
• • • •
After-School Fund [Field of Interest Fund] For Galesburg’s Children Fund [Field of Interest Fund] Galesburg Promise [Designated Fund] Galva Arts Council Endowment Fund [Designated Fund] McClean Family Endowment Fund [Donor Advised Fund] Robert J. & Katherine R. Sparks Charitable Fund [Impact Fund] Sight for Success [Donor Advised Fund] United Way of Knox County Endowment Fund [Designated Fund]
Designated Funds • •
Impact Funds • •
GCF Community Impact Fund Humphreys Family Impact Fund
Community Partnership Funds • • • • • •
Benjamin E. & Jane B. Frankenburger Trust Carl & Pansy L. Larsen Memorial Trust Gertrude Carney Endowment Fund Mr. & Mrs. George L. Pittard Memorial Trust Mr. & Mrs. William Robson Memorial Trust Ruth C. Bradway Endowment
Donor Advised Funds • • • • • • • • • • •
14
• • • • •
Andrew & Karlie Bowman Charitable Fund Full Viewpoint Park Fund Good ANDings Fund Joy Fund Kleine Family Foundation Fund Maxine N. Swails Charitable Fund Pio Family Fund The Wayne & Darlene Green Community Fund The Sixteenth Section Fund Third Cup Fund T.J. & Joyce Coffman Family Foundation Fund
Asel Cox Endowment Fund Galesburg Exchange Club Fund Growing Together, Inc. Fund Historic Ellisville Restoration Organization Fund Jack E. Larson Endowment Fund Jones Hinckley Trust Fund LGG Leadership Development Fund Smallwood Fund We Are Galesburg Fund
• • • • • • • • • • •
1st Street Armoury Foundation Fund Central Congregational Church Preservation Fund Discovery Depot Endowment Fund Falcon Safety Group Charitable Fund FISH of Galesburg Endowment Fund Galesburg Community Chorus Endowment Fund Galesburg Historical Society Endowment Fund Galesburg Rescue Mission Endowment Fund Galesburg Rotary Park Fund Knox County Humane Society Fund Knox County YMCA Endowment Fund Pamela Andreas Endowment Fund Rainbow Riders Endowment Fund
Scholarship Funds • • •
Becky Carlson Scholarship Fund Helen H. Wetherbee Nursing Scholarship Fund John E. Bohan Excellence in Athletics Scholarship Fund
15
New Funds in 2014
Field of Interest Funds
• •
• • • •
• •
Funds Fuel the Future
The creation of a charitable fund allows individuals to connect with causes they care about and express philanthropy in a way that is important to them. Funds also enable nonprofits to make our communities healthier.
• • • •
After-School Fund [Field of Interest Fund] For Galesburg’s Children Fund [Field of Interest Fund] Galesburg Promise [Designated Fund] Galva Arts Council Endowment Fund [Designated Fund] McClean Family Endowment Fund [Donor Advised Fund] Robert J. & Katherine R. Sparks Charitable Fund [Impact Fund] Sight for Success [Donor Advised Fund] United Way of Knox County Endowment Fund [Designated Fund]
Designated Funds • •
Impact Funds • •
GCF Community Impact Fund Humphreys Family Impact Fund
Community Partnership Funds • • • • • •
Benjamin E. & Jane B. Frankenburger Trust Carl & Pansy L. Larsen Memorial Trust Gertrude Carney Endowment Fund Mr. & Mrs. George L. Pittard Memorial Trust Mr. & Mrs. William Robson Memorial Trust Ruth C. Bradway Endowment
Donor Advised Funds • • • • • • • • • • •
14
• • • • •
Andrew & Karlie Bowman Charitable Fund Full Viewpoint Park Fund Good ANDings Fund Joy Fund Kleine Family Foundation Fund Maxine N. Swails Charitable Fund Pio Family Fund The Wayne & Darlene Green Community Fund The Sixteenth Section Fund Third Cup Fund T.J. & Joyce Coffman Family Foundation Fund
Asel Cox Endowment Fund Galesburg Exchange Club Fund Growing Together, Inc. Fund Historic Ellisville Restoration Organization Fund Jack E. Larson Endowment Fund Jones Hinckley Trust Fund LGG Leadership Development Fund Smallwood Fund We Are Galesburg Fund
• • • • • • • • • • •
1st Street Armoury Foundation Fund Central Congregational Church Preservation Fund Discovery Depot Endowment Fund Falcon Safety Group Charitable Fund FISH of Galesburg Endowment Fund Galesburg Community Chorus Endowment Fund Galesburg Historical Society Endowment Fund Galesburg Rescue Mission Endowment Fund Galesburg Rotary Park Fund Knox County Humane Society Fund Knox County YMCA Endowment Fund Pamela Andreas Endowment Fund Rainbow Riders Endowment Fund
Scholarship Funds • • •
Becky Carlson Scholarship Fund Helen H. Wetherbee Nursing Scholarship Fund John E. Bohan Excellence in Athletics Scholarship Fund
15
Paying
it forward
For Ben and Jenny Bredemeier of Galesburg philanthropy is very important. As children they were surrounded by role models who exhibited the power of giving. To give back they worked with GCF to establish a fund supporting youth programming. Jenny said, “The Galesburg Community Foundation understands the importance of getting community groups, agencies, and people together to work towards a common purpose. The Foundation has a system in place to continue to fund causes over time. Ben and I wanted to be part of funding youth programming in Galesburg for the future.”
“The best way to get others to invest in our community is to show we believe in the future of Galesburg.”
Ben and Jenny, both educators, know firsthand the importance of educational opportunities and the difference programs can have in student lives when community members are involved and invested. “We are concerned with the achievement gap that exists between students based on socioeconomic status. Research shows that these gaps widen outside of school. We learned as much through after school activities as we did through school experiences. We want to be part of a group funding opportunities for students outside of school. The best way to get others to believe and invest in our community is to show that we are invested and believe in the future of Galesburg,” Jenny said. Ben and Jenny are employed by Galesburg School District 205. Ben is a guidance counselor at Galesburg High School and Jenny is the reading recovery teacher and grant writer.
16
17
Paying
it forward
For Ben and Jenny Bredemeier of Galesburg philanthropy is very important. As children they were surrounded by role models who exhibited the power of giving. To give back they worked with GCF to establish a fund supporting youth programming. Jenny said, “The Galesburg Community Foundation understands the importance of getting community groups, agencies, and people together to work towards a common purpose. The Foundation has a system in place to continue to fund causes over time. Ben and I wanted to be part of funding youth programming in Galesburg for the future.”
“The best way to get others to invest in our community is to show we believe in the future of Galesburg.”
Ben and Jenny, both educators, know firsthand the importance of educational opportunities and the difference programs can have in student lives when community members are involved and invested. “We are concerned with the achievement gap that exists between students based on socioeconomic status. Research shows that these gaps widen outside of school. We learned as much through after school activities as we did through school experiences. We want to be part of a group funding opportunities for students outside of school. The best way to get others to believe and invest in our community is to show that we are invested and believe in the future of Galesburg,” Jenny said. Ben and Jenny are employed by Galesburg School District 205. Ben is a guidance counselor at Galesburg High School and Jenny is the reading recovery teacher and grant writer.
16
17
Scholarships
An investment in the community Dr. Adam Welty, a Galesburg native, received a scholarship from the Galesburg Community Foundation in 2008. He recently returned to a Galesburg dental practice and, along with his wife Debbie, are raising their family here. We asked Dr. Welty about the impact the scholarship he received has had on his career and decision to return to practice locally. Tell us about your academic and professional career. Dr. Welty: “I graduated from Galesburg High School in 2001, Augustana College in 2005 (BS in Biology) and Southern Illinois University School of Dental Medicine (SIUSDM) in 2009. I worked at Owen Family Dentistry from 2009-2012. I then worked at Waterford Family Dentistry in Davenport, IA from 2012-2014, and then at Willow Knolls Family Dentistry in Peoria, IL from 2014-2015. I started working in Galesburg at Sweetbriar Family Dentistry (formerly Owen Family Dentistry) in March of 2015.” As a student why did you apply for a scholarship from GCF? Dr. Welty: “Graduate School, of any kind, is very expensive. I was on my own to cover the cost of schooling and living expenses while in dental school (via federal and private loans). Any help that I could receive to offset the cost of dental school eased the burden and it wasn’t money that I had to repay once out of dental school.” What did the scholarship help you accomplish? Dr. Welty: “While in dental school, we had a lot of equipment that we had to purchase from year to year. I applied the money from the scholarship to purchase this equipment, 18
whereas I would have had to take out a loan with a high interest rate to cover the cost.” What advice would you give to others going into medically related fields? Dr. Welty: “Stay Committed. It’s a long road, whether it be medicine, nursing, dentistry, optometry, etc. There are a lot of hurdles that you will face not only in school, but in your field, and its important to remind yourself on a daily basis why you chose your profession. If you are not committed, then you will not flourish.” Tell us about your desire to live, work, and raise a family in Galesburg. Dr. Welty: “Galesburg has always been my home. I was born and raised here. My family is still here, as is my wife’s family. Galesburg offers everything that I am looking for to raise a family (schools, cost of living, safety). There is a strong sense of community here and there are fantastic community events throughout the year to enjoy. It’s also a fantastic town to operate a business. I am certain I can be very successful here.” How did the scholarship from GCF help you achieve your goals? Dr. Welty: “Aside from the tangible aspect of the GCF scholarship, there was also a feeling of empowerment I felt when I first came to work in the community. The scholarship is not only an investment in the individual, but also an investment back in the community. So when you know that you are being invested in by the community, it is empowering and enriching.” To learn more about how you too can help make an investment in the futures of local students contact the Galesburg Community Foundation.
“
The scholarship is not only an investment in the individual, but an investment back into the community. -Adam Welty
” 19
Scholarships
An investment in the community Dr. Adam Welty, a Galesburg native, received a scholarship from the Galesburg Community Foundation in 2008. He recently returned to a Galesburg dental practice and, along with his wife Debbie, are raising their family here. We asked Dr. Welty about the impact the scholarship he received has had on his career and decision to return to practice locally. Tell us about your academic and professional career. Dr. Welty: “I graduated from Galesburg High School in 2001, Augustana College in 2005 (BS in Biology) and Southern Illinois University School of Dental Medicine (SIUSDM) in 2009. I worked at Owen Family Dentistry from 2009-2012. I then worked at Waterford Family Dentistry in Davenport, IA from 2012-2014, and then at Willow Knolls Family Dentistry in Peoria, IL from 2014-2015. I started working in Galesburg at Sweetbriar Family Dentistry (formerly Owen Family Dentistry) in March of 2015.” As a student why did you apply for a scholarship from GCF? Dr. Welty: “Graduate School, of any kind, is very expensive. I was on my own to cover the cost of schooling and living expenses while in dental school (via federal and private loans). Any help that I could receive to offset the cost of dental school eased the burden and it wasn’t money that I had to repay once out of dental school.” What did the scholarship help you accomplish? Dr. Welty: “While in dental school, we had a lot of equipment that we had to purchase from year to year. I applied the money from the scholarship to purchase this equipment, 18
whereas I would have had to take out a loan with a high interest rate to cover the cost.” What advice would you give to others going into medically related fields? Dr. Welty: “Stay Committed. It’s a long road, whether it be medicine, nursing, dentistry, optometry, etc. There are a lot of hurdles that you will face not only in school, but in your field, and its important to remind yourself on a daily basis why you chose your profession. If you are not committed, then you will not flourish.” Tell us about your desire to live, work, and raise a family in Galesburg. Dr. Welty: “Galesburg has always been my home. I was born and raised here. My family is still here, as is my wife’s family. Galesburg offers everything that I am looking for to raise a family (schools, cost of living, safety). There is a strong sense of community here and there are fantastic community events throughout the year to enjoy. It’s also a fantastic town to operate a business. I am certain I can be very successful here.” How did the scholarship from GCF help you achieve your goals? Dr. Welty: “Aside from the tangible aspect of the GCF scholarship, there was also a feeling of empowerment I felt when I first came to work in the community. The scholarship is not only an investment in the individual, but also an investment back in the community. So when you know that you are being invested in by the community, it is empowering and enriching.” To learn more about how you too can help make an investment in the futures of local students contact the Galesburg Community Foundation.
“
The scholarship is not only an investment in the individual, but an investment back into the community. -Adam Welty
” 19
Legacies Can Last Forever Establishing a planned gift is a significant gesture. A gesture that has immeasurable impact and the power to touch lives for generations to come. To recognize the impact that planned gifts have on our communities the Galesburg Community Foundation has established the Bickerdyke Society. The Bickerdyke Society recognizes individuals and their families during their lifetimes for having the foresight to establish a planned gift that will support causes they care about. If you and your family are interested in learning how to ensure causes you care about are taken care of in perpetuity contact the Community Foundation or work with your professional advisor to learn more.
Rural Wealth
Big opportunity or Big Loss?
The great American transfer of wealth is beginning. It is estimated that in Knox and Warren counties, approximately $6.5 billion will be transferred from Baby Boomers to their heirs over the next 50 years. Will this money stay local? Or will it slip away? So how do we keep the money in Knox and Warren counties? Philanthropy as a Legacy. Planned giving is the key to taking advantage of the transfer of wealth. You can support your community or favorite nonprofits by choosing from a wide variety of estate planning options. Preparation is an important step; you will want to ensure your charitable wishes are well documented in your will and estate plans. You can begin this important process by talking to GCF and your professional advisor. Also, we encourage you to talk to your family about your desire to support your community. Together, we can make a lasting difference for our towns, region, and future generations.
20
21
Legacies Can Last Forever Establishing a planned gift is a significant gesture. A gesture that has immeasurable impact and the power to touch lives for generations to come. To recognize the impact that planned gifts have on our communities the Galesburg Community Foundation has established the Bickerdyke Society. The Bickerdyke Society recognizes individuals and their families during their lifetimes for having the foresight to establish a planned gift that will support causes they care about. If you and your family are interested in learning how to ensure causes you care about are taken care of in perpetuity contact the Community Foundation or work with your professional advisor to learn more.
Rural Wealth
Big opportunity or Big Loss?
The great American transfer of wealth is beginning. It is estimated that in Knox and Warren counties, approximately $6.5 billion will be transferred from Baby Boomers to their heirs over the next 50 years. Will this money stay local? Or will it slip away? So how do we keep the money in Knox and Warren counties? Philanthropy as a Legacy. Planned giving is the key to taking advantage of the transfer of wealth. You can support your community or favorite nonprofits by choosing from a wide variety of estate planning options. Preparation is an important step; you will want to ensure your charitable wishes are well documented in your will and estate plans. You can begin this important process by talking to GCF and your professional advisor. Also, we encourage you to talk to your family about your desire to support your community. Together, we can make a lasting difference for our towns, region, and future generations.
20
21
Leadership in Action:
Programs help board members succeed. Serving a board is no easy task.
Mark and Jeannette Kleine of Galesburg, know that serving on a board is a big responsibility. They are both actively involved on area boards and recognize that many organizations do not have the opportunity to formally train board members. To help alleviate this issue and increase the number of qualified board members serving area nonprofits, the Kleine’s, through their donor advised fund worked with the Foundation to support two programs, Ready, Set, Govern and the Certificate in Nonprofit Governance. Jeannette said, “These program’s are not just about training board members. These courses provide our community with a common language to speak regarding nonprofits. The programs help individuals understand what it means to serve nonprofits and allow the organizations to connect and forge collaborations.”
Mark and Jeannette Kleine, through their donor advised
Ready, Set, Govern Ready, Set, Govern is for individuals currently serving nonprofit boards or who are interested in becoming a board member. The program helps participants strengthen their governance practices, builds a resource pool for area nonprofits to identify potential leaders for their organization, and helps participants connect with area nonprofits they may want to serve. Certificate in Nonprofit Governance Successfully leading, managing and growing a nonprofit organization has become increasingly complex. To succeed in today’s challenging economic environment, effective governance skills are absolutely essential. The Certificate in Nonprofit Governance is for boards interested in learning more about their roles and responsibilities, assessing their existing strategy, identifying board gaps and recruit and develop new leadership, learning how to execute an effective fund development program, building the organization, ensuring legal and ethical integrity, maintaining financial accountability, building an effective “leadership partnership” between the board and CEO.
Helping Boards Grow C.C. Wilcox has served on Stone Hayes Center for Independent Living’s board for two years. He attended Ready, Set, Govern and said this about the program: “Stone Hayes already had a relationship with GCF. A few board members had heard of the Ready, Set, Govern program from other nonprofits and decided it would be good to participate. The cost was minimal and the experience was outstanding! The class focused on important strategies, checks and balances, and best practices that not only enhanced my efforts in regards to nonprofit governance, but also aided my sales career. The instructors were good at engaging the class and not just talking at you. They all have years of industry experience, which allows them to provide real world scenarios relating to the topics. My favorite aspect of the class was the diversity of the attendees. This wide variety brought a lot of different ideas and questions to the room. I also enjoyed learning a little more about other nonprofits in the area. Overall, I would strongly suggest that anyone sitting on a board or planning to join a board in the future takes this class.”
To date, more than 100 individuals have completed Ready, Set, Govern and more than 30 organizations with representation from more than 200 individuals have completed the Certificate in Nonprofit Governance.
fund, support programs that help board members and organizations succeed.
22
23
Leadership in Action:
Programs help board members succeed. Serving a board is no easy task.
Mark and Jeannette Kleine of Galesburg, know that serving on a board is a big responsibility. They are both actively involved on area boards and recognize that many organizations do not have the opportunity to formally train board members. To help alleviate this issue and increase the number of qualified board members serving area nonprofits, the Kleine’s, through their donor advised fund worked with the Foundation to support two programs, Ready, Set, Govern and the Certificate in Nonprofit Governance. Jeannette said, “These program’s are not just about training board members. These courses provide our community with a common language to speak regarding nonprofits. The programs help individuals understand what it means to serve nonprofits and allow the organizations to connect and forge collaborations.”
Mark and Jeannette Kleine, through their donor advised
Ready, Set, Govern Ready, Set, Govern is for individuals currently serving nonprofit boards or who are interested in becoming a board member. The program helps participants strengthen their governance practices, builds a resource pool for area nonprofits to identify potential leaders for their organization, and helps participants connect with area nonprofits they may want to serve. Certificate in Nonprofit Governance Successfully leading, managing and growing a nonprofit organization has become increasingly complex. To succeed in today’s challenging economic environment, effective governance skills are absolutely essential. The Certificate in Nonprofit Governance is for boards interested in learning more about their roles and responsibilities, assessing their existing strategy, identifying board gaps and recruit and develop new leadership, learning how to execute an effective fund development program, building the organization, ensuring legal and ethical integrity, maintaining financial accountability, building an effective “leadership partnership” between the board and CEO.
Helping Boards Grow C.C. Wilcox has served on Stone Hayes Center for Independent Living’s board for two years. He attended Ready, Set, Govern and said this about the program: “Stone Hayes already had a relationship with GCF. A few board members had heard of the Ready, Set, Govern program from other nonprofits and decided it would be good to participate. The cost was minimal and the experience was outstanding! The class focused on important strategies, checks and balances, and best practices that not only enhanced my efforts in regards to nonprofit governance, but also aided my sales career. The instructors were good at engaging the class and not just talking at you. They all have years of industry experience, which allows them to provide real world scenarios relating to the topics. My favorite aspect of the class was the diversity of the attendees. This wide variety brought a lot of different ideas and questions to the room. I also enjoyed learning a little more about other nonprofits in the area. Overall, I would strongly suggest that anyone sitting on a board or planning to join a board in the future takes this class.”
To date, more than 100 individuals have completed Ready, Set, Govern and more than 30 organizations with representation from more than 200 individuals have completed the Certificate in Nonprofit Governance.
fund, support programs that help board members and organizations succeed.
22
23
246 East Main Street, Suite #101 Galesburg, IL 61401
Strengthening local philanthropy to support healthy communities.