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Building Vibrant Communities of Hope and Opportunity 2010 Annual Report


Building Vibrant Communities The Nebraska Community Foundation and its affiliated fund communities are on the leading edge of redefining Nebraska. Today we have the opportunity to inspire a new generation of leaders. They, in turn, are inspiring us. Young people are telling us that our hometowns offer big advantages. Living close to family and friends. Having direct access to local enterprise. Influencing progressive decision makers. “This is a marathon not a sprint. This is not for our generation. It’s for the next. We’ve got the natural resources. We’ve got a good ag economy. We’ve got the technology. We need to let the next generation know there is opportunity close to home.”

Jon Schmaderer President, Tri-County Bank Stuart, NE

Making an impact in a personal way. These are the values that motivate young people today. These are the opportunities our rural communities can offer. This is the work of the Nebraska Community Foundation. We are building vibrant communities by helping local leaders build on our culture of

neighbor helping neighbor and giving back to community. We are capitalizing on the opportunity of a massive intergenerational transfer of wealth for reinvestment in our communities.

Every high school graduate in Holt County receives a personalized mailbox from our NCF affiliated fund, Holt County Economic Development. It includes a reminder that they are always welcome home and an invitation to return.

Our role is to support our 1,800 volunteer

vibrant places for young families to live in and

leaders through training, organizing, planning

work. We invest in hope. One heart and one

and networking. We provide tax-exempt status for

mind at a time.

our 205 affiliated funds. Decisions on how charitable dollars should be invested are made at the grassroots level by local leaders. Our professional staff handles all the financial

Our Mission: The Nebraska Community Foundation

management, legal work, investment, tax

partners with community leaders to

filing, auditing—all the responsibilities that

inspire charitable giving, prudently

could overwhelm many of the communities and

manage financial resources and make

organizations we serve. We help our affiliated funds and their donors

strategic investments for the prosperity of our people and our communities.

arrange legacy gifts to make their hometowns

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Cover: Shickley, Nebraska, (pop. 334) is home to one of NCF’s most successful affiliated funds. (See story on page 8.) Thanks to community-wide collaboration, children experience the joy and security of growing up in a small town and excellent facilities in a school system with a stable enrollment.


A Letter from the Board Chair and the President

Dear Friends: Welcome to

young people are wise to the world, and

the Nebraska Community Foundation!

many who would prefer to build their

If you are already familiar with us, this

future closer to home now have the tools

report should make you feel proud. If you

to do so.

Planned Giving through NCF Number of Gifts

171

150

133 99

100

are just getting to know us, we think you may be surprised. NCF is a different kind of charitable foundation. We are a statewide movement of more than 50,000 people who have

NCF’s brand of rural development

53

philanthropy is fueling local economies,

50

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engaging leaders, and inspiring generous Nebraskans to reinvest.

As of June 30

02

04

06

08

10

given back to their communities to do

This report charts impressive progress in

good—not just feel good.

facts, figures, words and stories of how

NCF in Numbers (as of June 30, 2010)

people are giving back. Together we are

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Together with our network of volunteer leaders we use philanthropy as a powerful tool for community development.

building vibrant communities of hope and opportunity.

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We are proud—not surprised—that NCF continues to grow, year after year, in good economic times and bad. This past

Brian Thompson NCF Board Chair

Jeff Yost President and CEO

year NCF and its affiliated funds received

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7,794 gifts; 77 percent of these gifts were from repeat donors. Each year, more and

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more of our repeat donors go one step further. They include their hometown as

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a beneficiary of their estate. 

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This is a remarkable testament of faith in the future of rural Nebraska. People are

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witnessing positive change. Today, our

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young people no longer need to leave town for good to find a better life. These

Jeff Yost, President and CEO

Brian Thompson, Chairman of the Board

200

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 118 million reinvested in Nebraska and $ its hometowns since 1993  56 million in total assets $ (16% year-over-year growth)  32 million in endowed assets $ (26% year-over-year growth) 1,800 Fund Advisory Committee members  05 affiliated funds serving 227 2 communities in 77 counties  6 community-based affiliated funds 8 building endowments 36,353 contributions in the last 5 years  4 community challenge grants totaling 4 over $1.5 million; $4.5 million raised as a result 171 planned gifts totaling $36 million  94 billion estimated transfer of wealth $ in rural Nebraska by 2050

Building Vibrant Communities | 3


Inside NCF Board of Directors Executive Committee Members

Honorary Members

Brian Thompson of Waverly

Helen Boosalis* of Lincoln Fred Bruning of Bruning Steve Buttress of Kearney Brenda Council of Omaha Connie Day* of Norfolk Nancy Hoch of Nebraska City Richard Hunt of Blair Kim Lauritzen* of Omaha Fred Lockwood of Scottsbluff Rodrigo Lopez of Omaha Ed Loutzenheiser of Juniata Bob Mundy of Omaha Senator Ben Nelson of Omaha Ron Parks of Papillion Beverly Pollock of Ogallala Sid Salzman of Ainsworth Jim Scholz of Omaha Frank Sibert of Kearney Bob Stowell of Ord Kathleen Thuman of Lincoln Mimi Waldbaum* of Omaha Jeanene Wehrbein of Plattsmouth Jim Wolf* of Albion

Chair

Shannon Harner of Lincoln Vice Chair

Brandon Day of Norfolk Secretary

F.E. Pete Peterson of Brule Treasurer

P. Mark Graff of McCook Immediate Past Chair

At-Large Members Judy Brockmeier of Eustis Joe Ferguson of Norfolk Janet Krotter Chvala of Atkinson Judith Scherer Connealy of Decatur Lori Pankonin of Imperial Jon Schmaderer of Stuart Dennis Stara* of Lincoln Susan Ugai of Lincoln Richard Walter of Shickley Ray Welsh of Pender * Advisory Member

Meetings of the NCF Board of Directors are held in affiliated fund communities across the state. The Board spent a sunny day in the Sandhills when they met in Thedford for their quarterly meeting in August. From top, left to right: Brandon Day, Dennis Stara, Pete Peterson, Richard Walter, Ray Welsh and Lori Pankonin. Front, left to right: Jon Schmaderer, Mark Graff, Shannon Harner, Judy Brockmeier and Brian Thompson. Not pictured: Joe Ferguson, Judith Scherer Connealy, Janet Krotter Chvala and Susan Ugai.

* Deceased

President and CEO Jeffrey G Yost

Committed to Quality and Accountability The Nebraska Community Foundation is confirmed in compliance with National Standards for U.S. Community Foundations as established by the Council on Foundations. This means that NCF meets the nation’s highest philanthropic standards for operational quality, integrity and accountability. The National Standards for U.S. Community Foundations Program is designed to provide quality assurance to donors, as well as to their legal and financial advisors. It requires community foundations to document their policies for donor services, investments, grantmaking and administration. Donors to NCF and its 205 affiliated funds are assured that their contributions are managed and invested wisely, that their charitable wishes are honored, and their lifetime income arrangements are secure. The National Standards confirmation says “our house is in order.” 4

Members of the NCF staff from top, left to right: Sheri Hink, Jeff Yost, Doug Friedli, Diane Wilson, Karla Egger. Middle: Juli Rosso, Marcia White, Reggi Carlson, Jana Jensen. Front: Jim Gustafson, Teri Alley-Davis, Les Long, Amy Fey, Angie Masters.


The Ford Foundation Challenges Nebraskans In November 2009 the Ford Foundation announced that it had chosen the Nebraska Community Foundation as one of only five organizations nationwide to receive up to a $1 million challenge grant. The grant will support NCF’s current work and catalyze our endowment-building efforts. To meet the challenge, NCF must raise a three-to-one match— $3 million—from Nebraska-connected donors with new gifts or pledges by December 31, 2011. Our friends have responded

“My friends, you’ve come a long way. The Ford Challenge grant is a public endorsement that says you will go further. We’re glad to have you as a partner. Thank you for this investment opportunity.” Linetta J. Gilbert Senior Program Officer The Ford Foundation

Contributions to the Nebraska Community Foundation

$5,000 to $9,999 The Day Companies Inc. * Norfolk

(For fiscal year ended 06.30.10)

McCarthy Group Advisors LLC Omaha

Many individuals, families and businesses have provided direct support to the Nebraska Community Foundation to help fund its community-based development work and endowment. $100,000 or More The Ford Foundation New York, NY $25,000 to $99,999 Frank and Shirley Sibert Kearney Kathleen Thuman/Lincoln Farmers State Bank/ Maywood *

Farmers & Merchants Investments, Inc. Lincoln

McCook National Company McCook

Diane M. Wilson * Lincoln

Jim and Terri Gustafson * Lincoln

Fehringer, Mielak & Fehringer PC LLC Columbus

Doug and Pat Friedli * Nebraska City

Dennis and Nancy Stara * Lincoln Lockwood Foundation * Scottsbluff Shannon Harner and Philip Goddard * Lincoln Don and Alice Harpst McCook First National Bank of Omaha Omaha McCook National Bank McCook

to achieving our campaign goal.

Consolidated Companies * Lincoln

Mark and Linda Graff * McCook

Contributions to the Nebraska Community

$10,000 to $24,999 Robert E. Mundy/Mundy & Associates * Omaha

Bruning State Bank Bruning

$100 to $499 Marcia A. White * Lincoln

Karl “Jack” Randecker, Sr. Farnam

Judith Brockmeier * Eustis

Richard and Darlene Walter/ Richard Walter Insurance Agency * Shickley

Susan M. Ugai * Lincoln

Allen and Kay Blezek * Lincoln

Elaine S. Wolf * Albion

Cornerstone Bank * York

Sam and Joyce Baird Lincoln

$2,000 to $4,999

We are well on our way

of hope and opportunity.

Judith Scherer Connealy and Matt Connealy * Decatur

Pinnacle Bank Gretna

Brandon W. and Tammy C. Day * Norfolk

Foundation help build vibrant communities

Reggi and Doug Carlson * Lincoln

Jeff Yost and Cindy Ryman Yost * Lincoln

Richard E. and Louisa L. Manning Geneva

enthusiastically.

Tri-County Bank * Stuart

Nebraska Investment Finance Authority Lincoln W.R. Berkley Corporation Charitable Foundation Greenwich, CT $1,000 to $1,999 Pete and Jonnie Peterson * Brule Robert Kathol Omaha

Bettenhausen Family Foundation Lincoln Tinstman Family Donor-Advised Fund Lincoln Lincoln Benefit Life Company Lincoln Union Bank & Trust Company Lincoln Raymond E. and Debra Welsh * Pender Timothy and Carol Q. O’Keefe Hastings $500 to $999 Lori J. and Russell Pankonin * Imperial Lora Damme Talmage Don Schmaderer * Stuart Harris Properties Lincoln

Joe Ferguson * Norfolk

Susan Stibal and Brian Ardinger Lincoln Jana and J.C. Jensen * Bingham Karla and Matthew Egger * Martell Amy and Craig Fey * Crete Irv and Wanda Omtvedt Lincoln Les and Terri Long * Lincoln Shaun Rylee and John Russell Vanneman Lincoln Steven Hutchinson and Susan Thomas Omaha *A  ll or a portion of this gift is part of a multi-year pledge commitment in support of the NCF Endowment.

HBE Becker Meyer Love Lincoln Jon and Jennifer Schmaderer * Stuart Jeff and Judy Greenwald Lincoln

Building Vibrant Communities | 5


Leadership in Place Partnering with Communities For the Nebraska Community Foundation and its affiliated funds, raising money is not the ultimate goal. The goal is building vibrant communities. It all begins with developing a dynamic community vision. NCF’s role is to build a cadre of skilled and committed leaders with the capacity to achieve their vision. We provide action planning, education, training, technical assistance, peer mentoring and one-on-one coaching to our 1,800 volunteer fund leaders.

Members of the Stratton Community Foundation Fund Advisory Committee include: Betty Golding, Dustin Ladenburger, Pat Egle, Ann Sutton, Mike Pruter and Peggy McDonald. Not pictured: Beth Kollmorgen

Action Planning

grant to raise $75,000. The Fund reaches out beyond Main Street to recruit leaders

Over the past year, NCF has added staff-

who represent the entire community.

facilitated action planning to our inventory of community-building tools. Eight

Reaching Out

affiliated funds have worked through NCF’s multi-day action planning process.

NCF’s action planning framework calls

The first strategy is to develop a strong

for broader community involvement in

governance framework with built-in plans

an affiliated fund’s vision and mission.

for leadership transition and succession.

Whether it is creating a case statement, holding an annual celebration, or

NCF recently completed action planning

communicating with the media, potential

with our affiliated fund in Eustis. The

donors or alumni, NCF provides resources

Fund has set ambitious goals for building its endowment and meeting a challenge 6

Seth Gruber is the new Chair of the Eustis Community Foundation Fund.

to help our affiliated funds. In Nebraska City, leaders are using these tools and

Each year our affiliated fund in Nebraska City honors its Philanthropist of the Year. Chair Dave Partsch presents the 2010 award to Carol Crook at the Fund’s annual celebration in Nebraska City.


more to encourage greater philanthropy from

planning. The Fund is focused on building a

and operates Great Plains Communications.

residents and expatriates. The affiliated fund

community where young families can thrive. Each

It has issued numerous challenge grants to NCF

has nearly 400 Facebook friends.

of the young community leaders (pictured below

affiliated funds across the state.

Welcoming New Leaders Most of our community-based affiliated funds were established within the last 10 years.

left) have returned or moved to Imperial to pursue their careers and raise their families. They are representative of the dozens of young people returning in recent years.

Today, leadership is changing in many affiliated funds. New leaders are likely to be younger, and more and more women are stepping into the leadership roles. NCF’s affiliated fund in Imperial was one of NCF’s first to complete formal action Stratton Community Foundation Fund Co-Chairs Peggy McDonald and Ann Sutton are mentoring the Fund’s newest committee member, Dustin Ladenburger.

The two female co-chairs of the Stratton Front row, left to right: Michelle Ross, Becky Uehling and Ashley Colglazier with Hunt family representative, Gail Jensen and NCF staff member Jana Jensen. Back row, left to right GPC employees Kevin Poppe and Brandon Wood; Jeff Wallin, Perkins County Foundation Fund Advisory Committee member and GPC employee Dan Ross.

Left to right: Alex McNair, Jill Fiedler, Derek Russell, Dillon Harchelroad and Tiffany Reeves. Derek and Dillon serve on Imperial’s Fund Advisory Committee and Tiffany’s husband, Dan, is a past Fund Advisory Committee chair.

Community Foundation Fund were instrumental in raising $150,000 as match to receive a $50,000 Hunt Family Challenge grant. They reached the finish line by taking time on

In Perkins County, Michelle Ross, Becky Uehling

Saturday mornings to visit with

and Ashley Colglazier led the charge to meet

folks at a local coffee klatch.

the Hunt Family Challenge to build a $200,000

The result was four gifts of

endowment. Michelle, who works at Pinnacle

grain worth almost $20,000.

Bank in Grant, was allowed to make donor calls

The Fund Advisory Committee

during business hours. In December Ashley told

is now focusing on annual

NCF staff, “I may be unavailable for a couple days

giving and estate planning.

because I am having a baby.” The Fund met their goal on the final day of the Hunt challenge –

“With NCF’s help we’ve developed our vision, mission and values, which have shaped and sharpened our focus. We’ve learned techniques from training sessions and monthly webinars. NCF is always quick to respond whenever questions arise or guidance is necessary.” Dave Partsch Chair, Nebraska City Community Foundation Fund

December 31, 2009. The Hunt family owns Building Vibrant Communities | 7


New Opportunity Capital Inspiring Charitable Giving The Nebraska Community Foundation connects charity to prosperity. As our people give back to their hometowns, they are creating new opportunities today and in the future. When the Nebraska Community Foundation was founded in 1993, there were only a handful of community foundations in the state. Today, NCF is helping 105 communities build permanent endowments through grassroots philanthropy.

“Had we not learned from NCF and other funds, we’d still be thinking we’re too little and too poor. But we did it. We met our $200,000 challenge, and we’re not done yet!”

Peggy McDonald Stratton Community Foundation Fund

NCF Grassroots Philanthropy n

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Dan Miller, chair of the Shickley Community Foundation Fund, says the Fund’s reputation for success with NCF has strengthened its position to set and achieve ambitious goals.

Aiming High Although the town has fewer than 400 people, half of the households in the school district contribute to the

86 affiliated funds building endowments

Shickley Community Foundation Fund. In 2010 the

to benefit 105 communities

Fund reached a landmark. It surpassed the $100,000

44 challenge grants resulting in $4.5

mark in grantmaking, most of which occurred over the

million

past 10 years.

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$23.8 million in community endowments

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36,353 contributions in the last 5 years

Shickley and Fillmore County. The Fund has nearly $1.9 million in total assets and expectancies. In April, NCF facilitated action planning with the Fund to set new goals and objectives. The plan calls for building a $12 million community endowment over the next 20 years. The Fund Advisory Committee determined that an endowment of this size will meet ongoing needs and new opportunities for achieving their community’s

Grants have enhanced recreation, fire and safety,

vision for the future. Nearly all committee members

the library, human services, education and more in

have personal planned gifts in place to provide future community reinvestment.

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Leveraged Philanthropy

Giving While Living

NCF helped arrange an estate gift of $615,000

Rolland Ramsthel of Burwell

in 2010 to help small-town public libraries in

decided not to wait to give back

Nebraska. Established by Shirley Kreutz Bennett

to his community. Recognizing

of Lincoln, the fund will provide matching grants

the need for registered nurses in

for infrastructure and operations of libraries in

the area, and to honor his wife,

communities with a population of less than 3,000.

Irene, who was a nurse, Rolland

Communities will need to raise local matching funds

established an endowment to

and compete for grants. Matching grant programs

provide scholarships to nursing

like this are proven catalysts for inspiring charitable giving by local donors and former residents. This term endowment is to be spent down within 10 years, yielding approximately $70,000 in annual investment earnings for grantmaking.

E-Unit members pose at the construction site of a new announcer’s booth in Eustis. Left to right: Ethan Smith, Katie Fagot, Jim Schmeeckle (advisor), Jeff Loshonkohl, Jordan Rieker and Jerud Banzhaf.

Youth-Focused Philanthropy

students in the Burwell area. To date, seven students have

 “I’ve always been very thankful for this scholarship and to the man who donated it, Rolland Ramsthel. I’m a small-town girl at heart. After I get some experience, I want to put down roots and raise a family in a small town where I feel safe and comfortable.” Tina Sheldon Kennedy Fourth-year recipient of the Rolland and Irene Ramsthel Scholarship

received ongoing support for their education over the past four years. Upon his death, Mr. Ramsthel’s estate added $107,000

Fall sports look different in 2010 for the Eustis-

to the permanent fund that now totals more

Farnam Knights, thanks in part to the E-Unit, the

than $300,000. The annual earnings are

youth group of the Eustis Community Foundation

permanently earmarked to support aspiring

Fund. The group was determined to raise money

health care professionals.

and community support for renovating the football field in Eustis. Although some members of the youth group knew the project wouldn’t be completed before they graduated, they persevered. The teens held food sales, did manual labor and asked for donations over a period of years and raised $15,000. Additional funding came from the district’s special building fund and from private donations. The field now has a new scoreboard, announcer’s booth, lights and bleachers. The young In the coming year, libraries in small towns like Bruning will be able to apply for assistance from NCF’s Kreutz Bennett Donor-Advised Fund.

E-Unit learned how to inspire their elders and charitable giving.

Tina Sheldon Kennedy with her parents, Laura and Randy Sheldon. Building Vibrant Communities | 9


Impact Grantmaking For the Prosperity of our People and our Communities The Nebraska Community Foundation is a decentralized system. Decisions on grantmaking are made at the local level. NCF’s role is to provide guidance to assure that grantmaking meets legal requirements and that it is strategic to the future of the community. That future depends on building vibrant communities today where both young people and seniors can thrive.

Students in Boyd, Holt and western Knox counties benefit from an endowed scholarship fund through NCF established by the late Mary Linhart. To be eligible, applicants must explain how they intend to use their education to strengthen rural communities. In

 “I am interested in building my career in a rural community so that I can help families who are overwhelmed and need assistance in their child’s development. Although a speech pathologist may be able to earn a better ‘salary’ in a large city, I believe they can make a better ‘living’ in a rural community where everybody cares and works together.” Avery M. Schneider O’Neill, NE

its first year, the fund

Scholarships

awarded 14 scholarships for a total of $25,000.

Surveys with more than 6,000 students in

Non-traditional Scholarships

40 rural middle and high schools show that more than half of our young people picture themselves living in the area if future career opportunities are available. More than 40% say they are interested in owning their own business someday. Only 12% say their town is too small.

Holt County Economic Development is an NCF affiliated fund that invests in people attraction and entrepreneurship in north-central Nebraska. It helps recruit families and create jobs for people like Steve and Jenny Alder, who returned to Stuart with their daughters Emma and Grace.

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In rural communities, people are our most valuable resource. For several years, NCF’s affiliated fund in Nebraska City has used its unrestricted endowment earnings for the sole purpose of investing in people who live and work in the community. Scholarships are awarded to adults who wish to further their education or

NCF encourages scholarship programs that

enhance their skills. Building a stronger

target young people who are interested in

knowledge base invigorates our hometowns and

returning to rural areas to build their careers.

stimulates wealth creation. Trever Roberts is

Many affiliated funds use this criterion when

one of this year’s five non-traditional scholarship

awarding scholarships.

recipients. He currently works as a construction


superintendent and

its first grant–$87,500 over three years to support

is studying construction

business coaching in Holt County. The return on

management at ITT

investment on this type of grantmaking will build

Technical Institute in

year after year.

Omaha. This is the second year he has

Engaging Young People

received the award.

McCook is another HomeTown Competitiveness

He works two jobs

community. Major gifts from Andy and Geri

to support his family

Anderson have built an endowment of more than

and pay for school and says the scholarships have really helped.

Trever Robers receives his scholarship at the Nebraska City Community Foundation Fund’s celebration in August 2010.

Entrepreneurship

$500,000 to stimulate entrepreneurship and leadership among young people. The endowment provides support for the Youth Change Reaction leadership group, which works through the McCook

ESI Entrepreneurship Investigation day campers Colleen Melvin, Neta Penner, Joey Cuellar and Cliff O’Dell get insights on running a business from Bill Longnecker of Longnecker Jewelry in McCook. NCF co-developed the award-winning ESI curriculum with UNL Extension 4-H as part of HomeTown Competitiveness.

Community Foundation Fund. Funding also

Creative Investments

HomeTown Competitiveness (HTC) is a

supports entrepreneurship day camps and

Many scholars agree

community-building framework developed by a

curriculum for middle and high school students.

that the creative class

collaborative partnership of the Nebraska

will be a leading force

Community Foundation, the Heartland Center

in the growth of our

for Leadership Development and the RUPRI

economies, and that

Center for Rural Entrepreneurship.

tourism will play an important role. NCF’s

Holt County is using HTC to link philanthropy

affiliated fund in

to leadership development, entrepreneurship

Thedford (pop. 211)

and youth engagement. The county’s nine

regularly supports

communities collaborate to invigorate their local

programs and

economies. Last year the estate of Rudolph Elis

improvements of the

established a $2.3 million endowment through NCF to support entrepreneurship and people attraction in O’Neill, Norfolk and surrounding communities. In 2010 the affiliated fund made

Dawn Bryant is president of the Thedford Art Guild and a member of the Thedford Area Community Foundation Fund Advisory Committee.

Thedford Art Gallery. The gallery draws about 1,200 Members of McCook’s Youth Change Reaction visit their patrons. Top, left to right: Geri Anderson, Alan Goodenberger, Andy Anderson. Front: Mack Alspaugh, Jordan Pick, Anna West, Gavin Harsh.

visitors per year to enjoy award-winning works of art. It is considered a major stopping point along the Sandhills Scenic Byway US Highway 2. Building Vibrant Communities | 11


205 Affiliated Funds of the Nebraska Community Foundation Benefiting 227 Communities in 77 Counties June 30, 2010 This map depicts counties and communities that benefit from planned gifts and affiliated funds of the Nebraska Community Foundation.

Mills Naper Butte Spencer Burton Verdel Bristow Lynch Springview Crofton Niobrara Stuart Bloomfield Bassett Verdigre Johnstown Emmet Wausa Atkinson Creighton Ainsworth Homer O'Neill Hemingford Laurel Orchard Long Pine Inman Page Royal Wayne Thurston Ewing Amelia Clearwater Alliance Chambers Pender Whitman Seneca Norfolk Pilger Bingham Ashby Purdum Oakdale Lyons Meadow Bartlett Elgin Brewster Hyannis Mullen Thedford Decatur Stanton Almeria Grove Halsey Petersburg Tilden Craig Taylor Burwell Dunning Ericson Albion Newman Grove Boone Elyria Ord St. Edward Greeley Primrose Lisco Stapleton Genoa Columbus Cedar North Loup Arthur Linwood Broken Bow Gandy Oshkosh Rapids Belgrade Octavia Arcadia Abie Bellwood Fullerton Lewellen Omaha Wahoo Keystone David City Dix Potter Ralston Clarks Bruno Loup City Rising City Callaway Ansley Silver Creek Brainard St. Paul Osceola Garrison Paxton Brule Ceresco Springfield Big Springs Sidney Surprise Marquette Ulysses Dwight Davey Plattsmouth Ogallala Eddyville Bee Miller Sumner York Seward Waverly Madrid Grant Pleasant Dale Wallace Walton Beaver Crossing Lincoln Elsie Bennet Milford Venango Eustis Maywood Friend Hickman Panama Unadilla Nebraska City Trumbull Exeter Elwood Dorchester Syracuse Talmage Curtis Hayes Center Imperial Burr Holdrege Peru Hallam Johnson Tobias Holstein Roseland Wilber Brock Adams Hamlet Champion Shickley Clatonia Tecumseh Auburn Wauneta Brownville Bruning Palisade Nemaha Belvidere Alexandria Denotes a McCook Hebron Max Stratton Ruskin County-wide Fund Wymore Gilead Diller Trenton Humboldt Haigler Parks Lebanon Red Cloud Hubbell Danbury Benkelman Chester Valentine

Gordon

Kimball

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Norden


93 Community-Based Affiliated Funds

Elgin Community Foundation Fund

Ansley Area Community Foundation Fund

Exeter Area Community Foundation Fund

Arthur Area Community Foundation Fund

Future of Decatur Foundation Fund

Atkinson Community Foundation Fund

Greeley Community Foundation Fund

Bee Area Community Foundation Fund

Grow Garden County Fund

Bennet Area Community Foundation Fund

Hayes County Community Fund

Big Springs Community Foundation Fund

Hebron Community Foundation Fund

Blaine County Area Community Foundation Fund

Hickman Area Community Foundation Fund

Bloomfield Community Foundation Fund

Holt County Economic Development Fund

Boone County Area Foundation Fund

Humboldt Area Community Foundation Fund

Box Butte County Community Foundation Fund

Hyannis Area Community Foundation Fund

Brown County Community Foundation Fund Burwell Community Fund Butler County Area Foundation Fund Butte Community Foundation Fund Callaway Community Fund Ceresco Community Foundation Fund Chambers Community Improvement Foundation Fund Cheyenne County Community Center Foundation Fund Clarks Community Fund Columbus Area Community Foundation Fund CORE Development Community Foundation Fund (Clearwater, Orchard, Royal, Ewing, Inman, Page)

Craig Community Foundation Fund Creighton Community Foundation Fund Crofton Community Foundation Fund Curtis Community Foundation Fund Davey Area Community Foundation Fund Diller Community Foundation Fund Dorchester Area Community Foundation Fund

Eustis Area Community Foundation Fund

Holstein Improvement Committee Fund

Imperial Community Foundation Fund Keith County Community Foundation Fund Keya Paha County Foundation Fund Kimball Community Foundation Fund Laurel Area Community Foundation Fund Logan County Community Foundation Fund Marquette Community Foundation Fund Maywood Public School Foundation Fund McCook Community Foundation Fund Mullen Area Foundation Fund Mustang Country Community Development Fund (Eddyville, Sumner, Miller)

Pender/Thurston Education & Community Foundation Fund Perkins County Community Foundation Fund Plattsmouth Community Foundation Fund Ralston Community Foundation Fund Red Cloud Community Foundation Fund Roseland Community Foundation Fund Ruskin Community Foundation Fund St. Edward Medical Clinic Fund St. Paul Community Fund Shickley Community Foundation Fund Spencer Community Foundation Fund Springfield Community Foundation Fund Stanton Community Foundation Fund Stratton Community Fund Stuart Community Foundation Fund Syracuse Development Foundation Fund Tecumseh Community Foundation Fund

Resident Kate Deden and Director of Dietary Services, Mary Schriver, enjoy a cup of coffee at Good Samaritan Society-Wolf Memorial in Albion. Grants from the Boone County Area Community Foundation Fund helped to refurbished dining room. The Fund is building an endowment that supports a broad range of programs for seniors, youth, and young adults who wish to further their education in order to better serve their community.

Thedford Area Community Foundation Fund Tilden-Meadow Grove Community Foundation Fund Trenton Community Foundation Fund Trumbull Community Foundation Fund Unadilla Area Fund Valley County Community Foundation Fund

Naper Community Foundation Fund

Verdigre Community Foundation Fund

Community-Focused Endowment Building

$50

Nebraska City Community Foundation Fund

Wallace Community Foundation Fund

Nemaha County Development Foundation Fund

Wauneta Community Foundation Fund

Endowed assets plus expectancies (numbers in millions)

$40

Newman Grove Community Foundation Fund

Greater Waverly Area Foundation Fund Wayne Community Foundation Fund

Niobrara Community Foundation Fund

$20

Norfolk Community Foundation Fund

Wheeler County Community Foundation Fund

$10

Oakdale Community Fund

Wilber Area Community Foundation Fund

O’Neill Community Foundation Fund

John and Alyce Wozab Memorial Fund

Palisade Community Foundation Fund

Wausa Community Foundation Fund

(Valley County)

$30

As of June 30

01

02

03

04

05

06

07

08

09

10

Building Vibrant Communities | 13

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“When the Chase County Hospital Foundation began the process of creating a permanent endowment, the Nebraska Community Foundation was excellent to work with. The NCF staff is knowledgeable and helpful in guiding us through the process. I appreciate the easy-to-understand updates we receive on our investment and the educational programs NCF provides. Another plus is working with an organization that is focused on strengthening Nebraska and understands our rural areas.”  Randy Vlasin, Executive Director, Chase County Hospital Foundation

205 Affiliated Funds of the Nebraska Community Foundation (continued) 54 Organizational Affiliated Funds Chase County Hospital Foundation Fund Christian Heritage Endowment Fund Columbus Schools Foundation Fund Community Assistance Initiative Fund Country Club Neighborhood Assn. Charitable Foundation Fund EndowNebraska Fund Environmental Quality Incentive Program Fund Every Woman Matters Fund Friends of the Governor’s Residence Fund FutureForce Nebraska Fund

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First National Bank of Omaha Fund

Nelson Institute Fund

Bud and Georgie Gerhart Family Fund

North Platte Decree Committee Fund Northeast Nebraska RC&D Foundation Fund

Robert and Jeanette Hunt Great Plains Communications Donor-Advised Fund

Partnerships for Innovation Fund

Leona Ihde Donor-Advised Fund

Platte River Recovery Implementation Program Fund

Kenner Family Fund

Rainwater Basin Joint Venture Fund

Karl H. and Wealtha H. Nelson Foundation Fund

RUPRI Fund

Nelson Family Donor-Advised Fund

SkillsUSA Nebraska Foundation Fund

Thomas H. and Cynthia Olson Family Donor-Advised Fund

State Capitol Fountain Fund

Jim and Mitzi Fox Family Donor-Advised Fund

Kreutz Bennett Donor-Advised Fund

State Chamber’s Leadership Nebraska Foundation Fund

Ron and Judy Parks Donor-Advised Fund

TeamMates of Columbus Foundation Fund

Anthony and Marion Raimondo Fund

Tech Foundation Fund

Margaret Russell Trust Donor-Advised Fund

Foundation for Thayer County Health Services Fund

Paul and Karen Seger Family Fund

Johnson County Hospital Foundation Fund

Turner Community Youth Development Initiative Fund

Frank and Shirley Sibert Donor-Advised Fund

Lucille Burch Foundation for Animal Companions Fund

Ukena Charitable Trust Fund (Gordon)

Grace Lutheran Church Foundation Fund Heartland Big Brothers Big Sisters Charitable Fund Heritage Nebraska Main Street Fund HomeTown Competitiveness Fund Irvingdale Neighborhood Association Fund

Midwest US - Japan Association Fund

Randy Vlasin, Executive Director, Chase County Hospital Foundation and Jessica Skomp, who returned to Imperial and is completing her education with scholarship support from the Imperial Community Foundation Fund and the hospital’s foundation.

Diane Nelson Endowment for the Governor’s Residence Fund

Valley County Health System Foundation Fund

Milford Public Schools Foundation Fund

Wachiska Audubon Society Natural Area Acquisition Fund

Nebr. Area Health Education Centers Fund

The WealthSpring Fund

Nebr. Business Hall of Fame Scholarship Fund

Witherbee Neighborhood Assn. Foundation Fund

Nebr. CASA Association Dodge County Fund

Wymore Public Library Fund

Nebr. Cattlemen Research and Education Foundation Fund

33 Donor-Advised Funds

Nebr. Children and Families Foundation Fund

Erna R. Badstieber Trust Donor-Advised Fund

Nebr. DECA Fund

Black Hills/Nebraska Gas Utility Fund

Nebr. Foundation for Agricultural Awareness Fund

William and Rose Marie Brandt Fund

Nebr. Independent Bankers Foundation Fund

Bruning State Bank Donor-Advised Fund

Nebr. Jaycees Scholarship Fund Nebr. LEAD Alumni Association Fund

Richard and Paula Casey Family Donor-Advised Fund

Nebr. LEAD Program Foundation Fund

The Connie Endowment Fund

Nebr. Library Association Foundation Fund

William H. and Erma C. Damme Fund

Nebr. Nurses Association Foundation Fund

Rudolph R. Elis Donor-Advised Fund

Nebr. Volunteer Foundation Fund

Farmers National Foundation Donor-Advised Fund

Raile Family Fund

Sprague Scholarship Endowment Fund Steinhart Foundation Fund Thuman Family Donor-Advised Fund Dale and Jean Tinstman Family Fund Verner and Mildred Vinzant Donor-Advised Fund Wilson/Taylor Family Fund Anonymous Donor-Advised Fund (2)

6 Designated / Field of Interest Funds Dennis Berens Rural Health Fund Ken Good Scholarship Fund Lyndall A. Harris Memorial Fund McManigal Family Fund Nagengast Family Scholarship Fund Youth Scholar College Scholarship Fund

19 Life Income Funds – Additional gifts are invested through NCF to benefit Nebraska communities and organizations and provide income for the donors.


Gifts Planned for Community-Focused Endowments

Planning a Gift to Your Community Nebraskans are among the most generous

June 30, 2002

June 30, 2010

Planned Gifts

18

146

Communities

14

61

$6 million

$26 million

Amount

people in the nation in terms of charitable giving and volunteering. We hardly think

Fund. Additional gifts were given to the Ord

twice about giving to the causes we care

Volunteer Fire Department and the United

about. We should.

Methodist Church in Gold Canyon, Arizona.

NCF is helping Nebraskans and their

Gift Planning within Affiliated Funds

financial advisors make thoughtful decisions about their giving options. We take the

NCF teaches its affiliated fund leaders to

mystery out of planned giving. We make it

model the behavior they hope to see in

easy to make a meaningful gift, during your lifetime and beyond. More and more, people are discovering the

others. This means giving back to their Naomi and Lloyd Geweke, Ord, NE

community through their own planned gifts.

Gifts to Causes We Care About

One of the simplest and most convenient

family and their community, while avoiding

NCF helps generous people create gift

insurance with the community fund named

unnecessary taxes.

plans that benefit their community and,

as a beneficiary. These types of policies

in many cases, alleviate the burden of

are in place for Decatur, Norfolk, Eustis,

financial responsibilities and avoid

Thedford, Shickley, Columbus, Pender,

unnecessary tax.

O’Neill and Diller, to name only a few.

security of providing for themselves, their

A charitable gift arranged for your specific circumstances can: n n n n n

Provide lifetime income Bypass capital gains taxes Benefit your business Maximize current tax benefits Avoid double taxation

NCF helped Lloyd and Naomi Geweke of Ord arrange a gift of real estate in Arizona that netted $286,000 upon its sale. The couple made generous gifts to Valley County Health System Foundation

Importantly, a planned gift through NCF allows

Fund; the Geweke Family Ord United

you to do more for what matters most to you.

Methodist Church Endowment and the

Contact Jim Gustafson, NCF Gift Planning

Geweke Family Youth Endowment within

Director, (402) 323-7341, to discuss your options.

the Valley County Community Foundation

“I’m so happy my parents were able to turn the sale of a second home they no longer needed into gifts that will create a legacy for generations—here at home in Valley County.” Jean Stowell Daughter of Naomi and Lloyd Geweke Ord, NE

methods of planned giving is a gift of life

Some people, like Larry and Angie Peirce of Butler County, have created policies for both their current communities and the hometowns where they grew up. Others, like Doug and Judy Gaswick of Imperial, have made generous gifts of life insurance to both their hometown and the Nebraska Community Foundation.

 “NCF staff and our insurance agent provided us the expertise so we knew exactly what our choices were, how it would work, and what we would be able to give.  Really, this was the only way we could make a gift at this level.  It was easy!” K.C. Belitz Columbus Area Community Foundation Fund President, Columbus Area Chamber of Commerce

This is leadership inspiring by example. Building Vibrant Communities | 15


Secure the future…  “A gift annuity is more than a gift to charity.  It is a way to give to one of your favorite charities and also give to yourself.  This is especially true during this time of low interest rates.  Depending on your age, you can increase your income considerably compared to a savings account or other investments.” Frank Sibert Kearney, NE 

…for yourself, your loved ones and your community.

another beneficiary with dependable income for life. You may also benefit from significant

By making a life income gift with the Nebraska

tax savings. Best of all, you can feel proud that

Community Foundation, such as a charitable

your gift will help build a vibrant future for

gift annuity, you can provide yourself and/or

generations to come.

A Gift That Lives With You

Your Gift Annuity Will:

In today’s economic environment, you may want to

n

Increase your income

consider the many advantages of a gift annuity as a

n

Provide a guaranteed fixed income for life

way to give back to your community. A gift annuity

n

Allow you to enjoy partially tax-free income

is an agreement between you and the Nebraska

n 

Provide a charitable income tax deduction in

Community Foundation that will benefit you

Frank and Shirley Sibert Read their story at nebcommfound.org/sibert

the year of the gift

immediately and eventually benefit your community.

n

Provide payments now or in the future

The concept of a gift annuity has been around for

n

Help your hometown

more than a century. It is easy to establish a gift annuity and it does not involve any initial costs. An annuity gift can be funded with cash or securities. Sample Annual Payments for a $20,000 gift for a single beneficiary.* Age

Rate

Annual Income

Income Tax Deduction

65

4.5%

$900

$7,999

75

5.4%

$1,080

$10,171

85

7.1%

$1,420

$12,236

90

8.0%

$1,600

$13,502

*These calculations are based on rates recommended by the American Council on Gift Annuities and the IRS interest rate of 2.8% for July 2010. All fees are taken into account in the calculation of the payout rate.

16

“I’m thankful that a number of my clients who have wanted to give back to their community have utilized the Nebraska Community Foundation as a resource for expertise and professionalism. It’s really unmatched. I’ve never found anything like this in my 36 years of estate planning.” Jim Fehringer, Attorney at Law Fehringer, Mielak & Fehringer, P.C. Columbus, NE

For more information contact Jim Gustafson,

Or search “charitable gift annuity” at

NCF Gift Planning Director at (402) 323-7341

www.nebcommfound.org for stories about people

or jgustafson@nebcommfound.org.

like you who have chosen this wise way of giving.


The Legacy Society Becoming a Member of the Legacy Society The Nebraska Community Foundation’s Legacy Society is our way to celebrate and say thank you to generous donors both of current gifts and future gift provisions through estate plans that benefit Nebraska’s hometowns.

You will be enrolled in the Legacy Society

hometown or if you have already made a

when you let NCF know of your charitable

future gift intention in your will, through

intentions. With permission, you will be

a beneficiary designation or with a life

honored in NCF’s annual report and you

income arrangement, contact Jim Gustafson,

will receive an invitation to attend the NCF

Gift Planning Director, at (402) 323-7341 or

annual banquet.

jgustafson@nebcommfound.org.

If you would like to support the Nebraska

Recognition in the Legacy Society is based on contributions made through and information known on or before June 30, 2010.

Community Foundation, give back to your

The NCF Stakeholders Club honors those generous donors who have advanced our community-building mission by providing direct support to the Nebraska Community Foundation. Membership recognizes outright cumulative gifts of $10,000 or more, and/or irrevocable planned future gifts of $10,000 or more. America First Foundation Omaha

Cooper Foundation Lincoln

Ameritas Charitable Foundation Lincoln

Cornerstone Bank York u

Bruning State Bank Bruning u The Day Companies, Inc. Norfolk u ConAgra Foods Foundation Omaha Consolidated Companies/ Thompson Family Lincoln u

Brandon and Tammy Day Norfolk Jay Dunlap Milford First National Bank of Omaha Omaha u The Ford Foundation New York, NY

Douglas and Judy Gaswick Imperial

Peter Kiewit Foundation Omaha

John and Carmen Gottschalk Omaha

Frank and Shirley Sibert Kearney

Great Plains Communications, Inc. Blair

Kathleen Thuman / Lincoln Farmers State Bank / Maywood u

HunTel Systems Blair

W.K. Kellogg Foundation Battle Creek, MI

Kim* and Bruce Lauritzen Omaha

Richard and Darlene Walter Shickley u

Fred and Carol Lockwood Scottsbluff u

Elaine Wolf Albion u

Richard and Louisa Manning Geneva McCarthy Group Advisors LLC Omaha

The following donors have shared their intention to support NCF through a revocable planned future gift.

McCook National Company McCook u

Fred and Penni Bruning Bruning

Ken Morrison Hastings

Wayne and Beverly Buller Ericson

Robert Mundy Omaha u Ron and Judy Parks Papillion u

Steve Buttress and Jan Weber Kearney Judith Scherer Connealy and Matt Connealy Decatur

Douglas A. and Patricia L. Friedli Nebraska City Mark and Linda Graff McCook Jim and Terri Gustafson Lincoln

James P. Scholz Omaha Nicole Sedlacek O’Neill Frank and Shirley Sibert Kearney

In memory of Leo Hink

Dennis Stara Lincoln

Jana M. Jensen Bingham

Bob and Jean Stowell Ord

Fred and Carol Lockwood Scottsbluff

Brian and Kelli Thompson Waverly

Maxine and Francis Moul Lincoln

Kathleen Thuman and Family Lincoln

Irv and Wanda Omtvedt Lincoln

Richard and Darlene Walter Shickley

Ron and Judy Parks Papillion

Diane M. Wilson Lincoln

Pete and Jonnie Peterson Brule

Jeffrey Yost and Cindy Ryman Yost Lincoln

Beverly and Jack* Pollock Ogallala Jon D. and Jennifer L. Schmaderer Stuart

u

Includes multi-year pledges paid to date.

* Donor is deceased.

Building Vibrant Communities | 17


The Jim and Elaine Wolf Club recognizes the generosity of those who have made cumulative, lifetime gifts of $100,000 or more to an NCF affiliated fund. The Club is named in honor of the late Jim Wolf and his wife, Elaine, of Albion, who initiated NCF’s endowment with a gift of $100,000, and provided the first $100,000 challenge grant to Boone County to build a permanent endowment. Lemoine “Andy” and Geri Anderson McCook John* and Catherine Angle Lincoln Brandt Family Unadilla Wayne and Beverly Buller Ericson Larry and Mary Lynn Callen Tucson, AZ Thomas and Charlene Chilvers Pierce

First National Bank of Omaha, Inc. Omaha Arlen Lohmeyer* Raymond Lohmeyer*

“The Legacy Society was dear to Jim’s heart, as is the Nebraska Community Foundation to mine. We’ve always believed in giving back to the community that gave to us.” Elaine Wolf Albion, NE

Tom and Cynthia Olson Lisco Ron and Judy Parks Papillion

William* and Erma* Damme

Raile Family Benkelman

Dennis and Toni Werner Chambers

Charles* and Marge* Durham

Rolland R. Ramsthel*

George F. Garlick Richland, WA

Harold and Marilyn Rink Pender

Hugh, Bill and Cam* Wilkins Geneva

Bud and Georgianne Gerhart Lincoln

Suzanne and Walter Scott Foundation Omaha

Lloyd and Naomi Geweke Ord

Harold W. Sears*

Gerald and Verlene Gunderson Wausa Bonnie McManigal Gupta Sebastopol, CA Robert Harm* Don and Alice Harpst McCook In Memory of Lyndall Harris* Robert Hunt * Kermit and Lottie Wolf* Karns Imperial Kenner Family Hebron Richard P. and Laurine Kimmel Charitable Foundation Lincoln 18

In honor of Vincent J. and Marie V. Kreifels Nebraska City

Paul and Karen Seger Atkinson Frank and Shirley Sibert Kearney Thompson Family/ Consolidated Companies Lincoln Kathleen Thuman / Lincoln Farmers State Bank / Maywood Dale and Jean Tinstman Lincoln Gaylord Wallace Burwell Ona A. Warden Mullen

Wilkinson Family Curtis Jim* and Elaine Wolf Albion Michael Yanney Family/America First Companies Omaha * Donor is deceased.

“An alliance with NCF allows ordinary people to attain extraordinary achievements. Working together, we facilitate the process of people providing a legacy to their communities.” Jim Bradford Bradford Insurance Agency Norfolk, NE

“We believe in the future of our community and wanted to show commitment to that belief by investing in the youth of the McCook area by setting up an endowment fund. The annual proceeds of the Anderson Family Endowment will be used to strengthen our youth and help solidify McCook’s future. It is intended to reenergize our community by giving young people the opportunity to help shape the future of the community we hope they will call home for years to come.”

Lemoine “Andy” Anderson McCook, NE


The Connie Day Club honors special

Lemoine “Andy” and Geri Anderson McCook

friends who have made a future gift intention

Estate of Erna Badstieber

of $500,000 or more in their will, through a

Brandon and Tammy Day Norfolk John Day Ravenel, SC

Estate of Grace Moller Greg M. Retzlaff Adams Estate of Margaret Russell

beneficiary designation or with a life income

Estate of Shirley Kreutz Bennett

Estate of Rudolph Elis

arrangement to an affiliated fund of the

John* and Maurine* Biegert

Estate of James Fisher

Frank and Shirley Sibert Kearney

Nebraska Community Foundation. By

Estate of Bruno and Laverne Boettcher

Bernard and Susan Hay Scottsdale, AZ

Allen D. Strunk Las Vegas, NV

designating a $500,000 life insurance policy

Densil* and Elaine Christiansen Pender

Estate of Leona M. Idhe

Estate of Mildred and Verner Vinzant

to establish the Connie Fund, Connie Day

Estate of Leonard and Audrey Cumming

created an endowment to benefit the

Estate of Connie Day

Estates of Margaret and Mary Linhart

Mark and Linda Graff McCook

Larry R. Larson Omaha

Michael and Lynn Namuth Sidney

Joan Hendrickson Shickley

Estate of Arlen Lohmeyer

Elsie A. Newman Imperial

Estate of Arnold W. Henrichs

Chad Lottman Diller

children of Northeast Nebraska.

The Hometown Heritage Club recognizes friends who have made provisions in their estate plans with a future gift intention of any amount to benefit an affiliated fund of the Nebraska Community Foundation. Estate of Wyonna Alfs Estate of Laura “Merle” Atkinson Dr. John L. Batty McCook Kerry and Colleen Belitz Columbus Estate of Barbara J. Birmingham F. Kay Blackstone Red Cloud Marcia A. Boden Roseville, CA Estate of Elizabeth Boyce William B.* and Rose Marie Brandt Unadilla Estate of Joe C. Brewster Judith K. Brockmeier Eustis Steve and Sharon Brown Valentine Frank L. and Mary B. Bruning Bruning

Fred and Penni Bruning Bruning Janet L. Krotter Chvala Atkinson Judith Scherer Connealy and Matt Connealy Decatur

Mark A. and Suzanne M. Kolterman Seward

In Memory of Leo Hink Estate of Eleanora F. Houser Neal* and Elizabeth Hunt Albion Helen F. Jasa Fremont Jana M. Jensen Bingham Gene and Beverly Johnson Wausau

Estate of Raymond Lohmeyer

Douglas and Cindy Lottman Diller Bonnie and Gerry Luckey David City Donald Lundeen Newman Grove Ronald Maas Bennet

James and Virginia Nissen Lincoln LG Norman Pender Chuck and Jana Olsen Norfolk Estate of Edward and Eldiva Pavlik Larry and Angie Peirce David City Estate of John B. Petteys

Lester* and Helen* Wolfe Estate of John and Alyce Wozab

Estate of John H. Seide Dennis* and Rita Shimmin Ogallala Shawnna L. Silvius Nebraska City Estate of Randall J. Smith Janice Spurling Shickley Jim* and Peggy Thalken Ogallala Ted and Ramona Thieman Petersburg Estate of Russell Troxell

Helen E. Martens Atkinson

Tom and Verla Plummer Lincoln

Richard L. and Darlene K. Walter Shickley

Estates of Eugene and Bonnie Martinson

Lois and Richard* Quimby Nebraska City

Kathryn A. Wall McCook

Marilyn D. McNabb Lincoln

Estate of Rolland R. Ramsthel Estate of Edith M. Robbins

Ona O. Warden Mullen

Redge and Phyllis Meierhenry Clancy, MT

Don and Sally* Schmaderer Stuart

Merritt C. Warren Creighton

Joseph R. and Gina D. Kamler Shickley

Doris B. Miller Stuart

Ray and Deb Welsh Pender

Estate of Paul M. Fox

John C. Klosterman David City

Francis and Maxine Moul Lincoln

Jon D. and Jennifer L. Schmaderer Stuart

Dawn Koehlmoos Fremont

Estate of Kenneth J. Good

Wendell and Joyce Kronberg Ralston

Dr. D. J.* and Josephine Nagengast Bloomfield

Estate of Karen J. Winship

Douglas and Judy Gaswick Imperial

Mike Schuldt Plattsmouth

Estate of John E. Daro Bette J. and Robert A. Essig Burwell Estate of Dale and Irene Fadschild Jared and Julie Faltys and Family Norfolk Douglas A. and Patricia L. Friedli Nebraska City Mitzi Fox Albion

Loral* and Elna Johnson Imperial Terry and Gwen Johnson Ogallala Calvin* and Audrey Jones and Family Thedford

Nicole Sedlacek O’Neill

Estate of Sylvia Viola Wilson Don and Michelle Wolfe Overland Park, KS * Donor is deceased. Building Vibrant Communities | 19


Contributions to Affiliated Funds Donor

Beneficiary

$500,000 AND ABOVE

Beneficiary

Heuermann Foundation

Marquette, Leadership Nebraska

Leona Ihde Revocable Trust

Leona Ihde Donor-Advised Fund

Estate of Mary A. Linhart

Youth Scholar College Scholarship Fund

Shirley M. Kreutz Bennett Trust

Kreutz Bennett Donor-Advised Fund

Estate of Dr. Delwyn Nagengast

Nagengast Family Scholarship Designated Fund

Karl H. and Wealtha H. Nelson Family Foundation Inc.

Nebraska City, Karl H. and Wealtha H. Nelson Foundation Fund

The Ethel S. Abbott Charitable Foundation

Tilden-Meadow Grove

Sears Family Trust

Decatur

$250,000 to $499,999 Kenneth J. Good Irrevocable Trust

Ken Good Scholarship Designated Fund

Geweke Ranch Inc.

Lloyd and Naomi Geweke Donor-Advised Fund

$100,000 to $249,999 Frank and Shirley Sibert Red Cloud, Frank and Shirley Sibert Donor-Advised Fund, Nebraska Cattlemen Research and Education Foundation Fund, WealthSpring Humboldt Community Foundation Inc.

Humboldt

Richard P. Kimmel and Laurine Kimmel Charitable Foundation

Nebraska City, Unadilla, Heritage Nebraska Main Street

Peter Kiewit Foundation Columbus, Hyannis, Imperial, Keith County, McCook, Norfolk, O’Neill

$15,000 to $24,999 The John, Paul, Anton and Doris Wirth Foundation Inc.

Nebraska City

Pinnacle Bank Columbus, Holt County, Keith County, O’Neill, Perkins County, Verdigre, Nebraska Business Hall of Fame Scholarship Fund, Nebraska LEAD Program Estate of Arnold W. Henrichs

Diller

Don and Alice Harpst

McCook, Stratton

Ron and Jeanie Carson

Decatur

Sylvia Viola Wilson Revocable Trust

Shickley

Tri-County Bank

Holt County, Stuart

Estate of Rolland R. Ramsthel

Burwell

Estate of Eleanora F. Houser

Wilber-Clatonia

Estate of Elizabeth Boyce

Wauneta

Gendlar Charitable Fund

Heritage Nebraska Main Street

$50,000 to $99,999

$10,000 to $14,999

Farmers National Company

Farmers National Foundation Donor-Advised Fund

Columbus Area United Way Inc.

Columbus, CASA Connection

The Steinhart Foundation Inc.

Nebraska City

Ruth McMaster

Nebraska City, Nemaha County

Estate of Bonniebel “Bonnie” Martinson

Spencer

Larry and Karen Larson

Pender-Thurston

Heartland Big Brothers Big Sisters Heartland Big Brothers Big Sisters Charitable Foundation Fund

Ronald and Merrill Alfs

Shickley

Stuart Development Corporation

Stuart

Great Plains Communications Inc. Elgin, McCook, Perkins County, Stratton, Wausa, Nebraska Business Hall of Fame Scholarship Fund

Thomas Buckley Trust

Keith County, Nebraska LEAD Program

Consolidated Companies Inc.

Arthur, Eustis, Maywood, Perkins County, Thedford, Wallace

Butler County Clinic P.C.

Butler County

Christian Heritage Children’s Home

Christian Heritage Endowment Fund

COPIC Medical Foundation

McCook

Richard E. and Louisa L. Manning

Exeter

$25,000 to $49,999

20

Donor

Bank of Marquette

Marquette

National Trust for Historic Preservation/DC

Heritage Nebraska Main Street

Gary and Caroline Skopec Aten

Brown County, Stuart

Gaughan Family Foundation

Burwell

Home Builders Association of the Norfolk Area Norfolk Robert and Janice Batt Foundation Fund

Friends of the Governor’s Residence

TC Ranch Inc. Nebr. Cattlemen Research and Education Foundation Fund


Donor

Beneficiary

Donor

Beneficiary

Zachry Industrial Inc.

Nebraska City

Cub Scout Pack 196

Burwell

Eunice Anderson

Wausa

American Legion Post #16

Norfolk

JoAnn H. Bradford

Norfolk

Brent L. and Lori B. Moore

Exeter

W. H. and E. C. Damme Farms LLC

William H. and Erma C. Damme Donor-Advised Fund

Jeffrey and Rebecca Gerhart

Newman Grove

Rachel K. Dirkse

Unadilla

Commercial National Bank of Ainsworth

Brown County, Keya Paha County

Valley Health Services Inc.

Bloomfield

John and Marlene Ferguson

Marquette

Farmers Mutual Insurance Company Nebraska Business Hall of Fame Scholarship Fund, of Nebraska Nebraska LEAD Program

Marolf Charitable Trust

Norfolk

James T. and Linda L. McCabe

Exeter

O’Neill

Allen and Lois Steuter

Brown County

Valley County Health System Foundation

Elkhorn Valley Bank and Trust

Norfolk

Stuart

EBS Management Inc.

Eustis

Heritage Nebraska Main Street

Austin Keller Memorial Fund

Eustis

Karen E. Nollette Valley Co. Health System Foundation Estate of Sally Schmaderer The Gifford Foundation

We Mart LLC

Wheeler County

$5,000 to $9,999

David and Susan Spann, DDS

Brown County

The Day Companies Inc.

Norfolk

G.M. and Geraldine Sutton

Stratton

Shickley

Alegent Health

EndowNebraska

Richard F. and Paula B. Casey Donor-Advised Fund

Garfield County Foundation

Burwell

Petersburg

Susan G. Komen Breast Cancer Foundation

Every Woman Matters Fund

Palisade

Stangel Pharmacy Inc.

Decatur

Tony and Jeanne Raimondo Anthony F. and Marion J. Raimondo Donor-Advised Fund, Nebraska Business Hall of Fame Scholarship Fund

Stanton Telecom Inc.

Stanton

June R. Bentley

Boone County

Dale and Jeanie Tinstman Nebraska Business Hall of Fame Scholarship Fund, Tinstman Family Donor-Advised Fund

Nebraska LEAD Alumni Association

Nebraska LEAD Program

Dan and Jane Drake

Exeter

Sterns Charitable Foundation Inc.

Hyannis

Superior Pharmacy Inc.

Superior

Adair Ballagh

Burwell

Myrl and Bessie Mather Foundation

Marquette

Sterling Dyer

Exeter

Rock Creek Farms

Burwell

John and Judith Dinneen

Exeter

William and LaVonne Lippold

Brown County

McCook National Company

McCook, Stratton

John C. and Cynthia A. McCabe

Exeter

Kropp Charitable Foundation

Nebraska City

Mundhenke Family LLC

Brown County

Nebraska Investment Finance Authority

Imperial

Wagonhammer Ranches

Wheeler County

Nucor Corporation

Norfolk

PST

Columbus

Nebraska Cattlemen Beef Pit

Nebr. Cattlemen Research and Education Foundation Fund

Pobbattt Inc.

O’Neill

Nebraska Association of SkillsUSA Inc.

SkillsUSA Nebraska Foundation Fund

Eustis Lions Club

Eustis

Stapleton Chamber of Commerce

Logan County

Ann S. Wells

Logan County

Jay Yost and Wade Leak

Red Cloud

Shickley Cemetery Association Dick and Paula Casey Ted and Ramona Thieman Hovorka Trust

Building Vibrant Communities | 21


Financial Summary Total Assets

56.6

(in millions) 46.3

48.8

$60 $50

Permanent Endowments Under Management

$30 25.0

$30

24.9

13.9

25.5

22.8

32.9

18.6

32.1

(in millions)

$40

17.1

$40

$20 15.4

20.4

12.9

$20

11.0

13.7 7.1

$10

8.5

$10

4.8

0 As of 06.30.10

01

02

03

04

05

06

07

08

09

10

As of 06.30.10

Grants and Disbursements

01

02

03

04

05

06

07

08

09

10

0

Number of Contributions Per Year

(in millions) $25

To NCF and its Affiliated Funds

20.3

8,018

$20

18.6

10,000

7,794 7,149

8,000

6,946 6,446

5,927

$15

6,000

5,043 4,615

4,543

10.2

4,000

7.5

7.2 5.7

5.3

5.0

$10

8.6

8.6

3,620

$5

2,000

0 Fiscal 01 Year 2010

22

02

03

04

05

06

07

08

09

10

Fiscal 01 Year 2010

02

03

04

05

06

07

08

09

10

0


Source of Funds

Use of Funds

TOTAL: $30,167,618

TOTAL: $30,167,618

All Funds

All Funds

For fiscal year ended 06.30.10

For fiscal year ended 06.30.10

NCF Operations, 7.4% Development & Endowment Organizational Funds Community Funds

4.4% 16.9%

Public/Private Partnerships 55.2%

Other Fund Types 4.1% (Designated, Field of Interest, Life Income Gifts) Donor-Advised Funds

12%

Fundraising for NCF and Affiliated Funds

0.7%

Administrative Fees Paid by Affiliated Funds

2.4%

NCF Management & General

1.6%

NCF Program Services Delivery

2.9%

Invested & Endowed Assets 24.9%

Grants & Disbursements – All Other Affiliated Funds 25%

Source of Funds

Use of Funds

NCF Operations and Development

NCF Operations and Development

TOTAL: $1,572,540

TOTAL: $1,572,540

For fiscal year ended 06.30.10

For fiscal year ended 06.30.10

NCF Endowment Payout

9.8%

Investment Income

6.5%

Administrative Fees– All Other Affiliated Funds

30.4%

Grants & Disbursements– Public/Private Partnerships 42.5%

Contributions, Grants & Contracts 36.9%

Administrative Fees – Public/Private Partnerships 16.4%

The financial statements of the Nebraska Community Foundation are audited annually by an independent public accounting firm. A copy of the audited financial statements may be obtained by contacting the Foundation’s office. A copy of the Foundation’s tax filing (Form 990) may be obtained on the Foundation’s Web site or by contacting the Foundation’s office.

Fundraising for NCF and Affiliated Funds S-T Investments

Program Services Delivery 55.7%

13.5% .1%

Management & General 30.7%

Building Vibrant Communities | 23


Transfer of Wealth America's Wealth Transfer:

America’s Wealth A LikelyTransfer: Scenario A Likely Scenario 12%

United States Estimated Wealth Transfer =$41 Trillion

11% 10%

HomeTown Competitiveness

In 2002 the Nebraska Community Foundation completed its groundbreaking work in analyzing the intergenerational transfer of wealth for each county in

Rural Nebraska Estimated Wealth Transfer =$94 Billion

Nebraska Estimated Wealth Transfer =$258 Billion

8%

billion will transfer from one

6%

generation to the next in the

5%

first half of this century.

4% 2005

2010

2015

2020

United States

2025

2030

Nebraska

2035

2040

2045

2050

Rural Nebraska

Nebraskans are among the most generous people in

Nebraska Community Foundation ranking third in County-Based Transfer of WealthAmerica, Analysis Nebraska Community Community Foundation Nebraska Foundation Nebraska Community Foundation the nation for charitable County-Based Wealth Analysis County-BasedTransfer Transfer ofofWealth Analysis County-Based Transfer of Wealth Analysis

framework called HomeTown

counties alone at least $94

7%

2000

giving and volunteering by Forbes Magazine. If only a small portion of the intergenerational wealth

“HomeTown Competitiveness in Garden County is developing the leadership necessary to create the future of our communities. It is being driven by people, including youth, who are passionate about their communities and who see that tiny changes can solve huge problems.”

transfer was gifted back to community endowments

Tom Olson Lisco State Bank Lisco, NE

where the wealth was built, Peak of Transfer Peak of Transfer Peak of Transfer

Group 1 - 2000 to 2014 Group 1 - 2000 to 2014 Group 2 - 2015 to 2039 Group 2 - 2015 to 2039 Group 3 - 2040 and after Group 3 - 2040 and after

rural Nebraska would have millions of

Group 1 - 2000 to 2014

dollars each year to reinvest in education,

Group 2 - 2015 to 2039

health care, recreation, child care, and

Group 3 - 2040 and after

importantly, economic opportunities for families to prosper. NCF encourages people to consider their community as

P.O. Box 83107 n Lincoln, NE 68501-3107 www.nebcommfound.org 402.323.7330 n 402.323.7349 (FAX ) info@nebcommfound.org

harness the power of charitable giving through a community development

our state. We estimate that in rural

9%

NCF is leading a statewide initiative to

another child.

Competitiveness (HTC). HTC builds on local resources that nearly every rural community already has – no matter how small: n

n

n

n

Leadership to mobilize communities with a long-term vision for prosperity Entrepreneurship to support innovation and economic growth Youth Engagement to cultivate a sense of belonging and opportunity Philanthropy to provide financial resources for community and economic development

NCF is working in communities across the state to implement the HTC framework. Nationally, NCF’s HomeTown Competitiveness approach is being adapted in Michigan, Missouri, Kansas, Indiana, North Dakota and Arizona.


2010 Annual Report