Connections Spring 2012
www.nebcommfound.org
study gives Permission to dream In 2011 the Nebraska Community Foundation completed an update to its original Transfer of Wealth Study, using the most recent data and an improved methodology. Over the next 50 years, $603 billion will transfer from one generation to the next in Nebraska. The World War II and the Baby Boom generations own more private wealth than at any time. This wealth may be held in real estate, securities, retirement accounts and other assets.
tomorrow.
AnnuAl CelebrAtion bAnquet
If only a small portion of this wealth – just 5 percent – were given back through charitable gifts and endowed in community funds, communities would have millions of dollars each year to invest in hometowns where young people can live, work and raise their families.
Affiliated fund leaders and guests gather in Norfolk for NCF’s 2011 Annual Banquet and Exposition – a celebration of successful community-building through charitable giving and hometown leadership.
The Nebraska Community Foundation is helping people across the state achieve this vision. It was founded and President & CEO Jeff Yost discusses the continues to be governed on Transfer of Wealth opportunity at NCF’s Some will go to taxes. Most annual training for affiliated funds in the principle that will go to heirs. Due to November. philanthropic capital – outmigration, many of those secured in permanent heirs no longer live where the • Once wealth leaves, it is community endowments – is wealth was built, and may no gone forever. the most reliable source we longer feel connected to those • Once wealth is endowed, have for future funding needs. places. Once wealth leaves it stays here forever. The Transfer of Wealth our communities, it is likely • The time to act is now; the gone forever. study proves that capital is opportunity will never be available to build and sustain We must act now to encourage greater. our hometowns. What we charitable investment in the need now is local leaders future of our communities while the window of to talk with their friends and neighbors about opportunity is open. We must teach, encourage what is possible if we harness the unprecedented and inspire our citizens to give back today and include their community in their estate plans for opportunity of the Transfer of Wealth.
in 51 nebraska counties the peak years for intergenerational wealth transfer$603 are on the near horizon. Billion of Intergenerational Transfer of Wealth County-Based Transfer of Wealth Analysis
$603 billion of intergenerational transfer of Wealth
A looK inside...
Full article on page 3
Youth engAgement Young people in NCF communities are getting involved in their local economies and launching projects to make them better places to live healthy, productive lives.
Teens from three counties gather in Ord for a day of entrepreneurship and business discovery. Read articles on page 4 and 5
gifts of Ag Commodities highest ever With the strongest ag economy in years, many producers are thinking about making gifts of corn, soybeans and other ag commodities to support their local affiliated funds. Farmers and ranchers are using this tool to support their local endowment-building efforts in more than 15 affiliated funds. Full article on page 6
nCf meets its ford foundAtion ChAllenge
County-Based Transfer of Wealth Analysis
Year-end gifts push NCF past the goal of its $3 million campaign to fund its community development work across the state. Now a second challenge grant is in place to keep the momentum going.
Peak Years of Transfer 2010 to 2019 2020 to 2029 2030 and after
Full article on page 7
Peak Years of Transfer 2010 to 2019
Inside NCF nCf boArd of direCtors Executive Members
Shannon Harner of Lincoln, Chair Brandon Day of Norfolk, Vice Chair Richard Walter of Shickley, Secretary Dennis Stara of Lincoln, Treasurer Brian Thompson of Waverly, Immediate Past Chair
At-Large Members
K.C. Belitz of Columbus Honorable Douglas Bereuter of Cedar Bluffs Judy Brockmeier of Eustis Joe Ferguson of Norfolk Casey Garrigan of Omaha Lori Pankonin of Imperial Judy Parks of Papillion F.E. Pete Peterson of Brule Sara Coffee Radil of Omaha Jon Schmaderer of Stuart Kurt Tjaden of Omaha Ray Welsh of Pender
Honorary Members
Helen Boosalis* of Lincoln Fred Bruning of Bruning Steve Buttress of Kearney Janet Krotter Chvala of Atkinson Brenda Council of Omaha Connie Day* of Norfolk P. Mark Graff of McCook 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 Susan Ugai of Lincoln Mimi Waldbaum* of Omaha Jeanene Wehrbein of Plattsmouth Jim Wolf* of Albion
optimism is high for nebraska’s hometowns The past several months have revealed the strength of our charitable giving movement all across the state. Contributions received in December alone totaled $8.2 million, vs. $3.6 million for the same period last year. NCF and it s affiliated funds received 1,541 contributions in December, a record number for a single month. Most of the 98 affiliated funds that received those gifts serve people in our smaller communities. Importantly, 80 percent of those gifts have come from people who have given in the past. This tells us that people are committed to their hometowns for the long term.
The opportunity to invest in the future of Nebraska has never been greater. Our strong ag economy and soaring land values are boosting local economies. Information technology and global markets are becoming ever more accessible. The time to reverse the trend of outmigration is now.
I On the Leading Edge
Directors. This is a group of individuals that takes on far more commitments than the board of a typical community foundation. But then again, the Nebraska Community Foundation is not a typical foundation, and our community development mission is anything but ordinary.
nCf by the numbers (12/31/2011)
220
$76.5
$40.4
218
36,222 $138.6
AFFILIATED FUNDS
MILLION TOTAL ASSETS
MILLION ENDOWED ASSETS
PLANNED GIFTS
CONTRIBUTIONS
MILLION REINVESTED
238 Communities Served
13% Year-Over-Year Growth
10% Year-Over-Year Growth
$40.9 Million to Benefit Nebraska
Received in the Last 5 Years
$80.7 Million in the Last 5 Years
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The Nebraska Community Foundation partners with community leaders to inspire charitable giving, prudently manage financial resources and make strategic investments for the prosperity of our people and our communities.
President and CEO 2
We are working with people in 238 communities who are optimistic about the future. They are committing their time, talent and treasure today, and setting aside a portion of their wealth to benefit their communities far into the future.
NCF has its sights set on the long term. That is why we conducted You’ll learn about some of these Jeff Yost, NCF President and CEO our county-by-county Transfer generous community champions of Wealth study. That is why in this newsletter. And if you are we invest most of our resources in building volunteer reading this, you probably know of others who are community leadership teams. That is why we place doing similar remarkable work. such a strong emphasis on building endowments What you may not know is that none of NCF’s success and encouraging people to arrange a planned gift in over the years would have been possible without their estate. the deep involvement of our exceptional Board of
* Deceased
Jeffrey G Yost
We may not know today exactly what our communities will need as they face a changing future. What is certain is that building strong communities and productive citizens will require investments in health care, education, economic development and all the things that make our hometowns attractive to young families. That is why we are building unrestricted endowments in communities across the state.
Confirmed in Compliance with National Standards for U.S. Community Foundations
NCF, a 501(c)(3) organization, was established in 1993 to serve communities, organizations and donors throughout Nebraska. NCF is recognized nationally for its innovative practices in community development philanthropy. The Foundation provides a range of services, including financial management, strategic development, education and training to more than 200 affiliated funds statewide.
AnnuAl bAnquet And neW boArd members www.nebcommfound.org
nCf Announces $3 million milestone
new board members
Norfolk was host to NCF’s biggest annual event ever this past November. More than 300 banquet guests. The highest level of sponsorships. More than 100 affiliated fund leaders attending training. And the announcement that NCF had reached its $3 million fundraising goal to receive a $1 million challenge grant from the Ford Foundation. NCF Board member Richard Walter of Shickley made the announcement, and reminded the audience that the milestone was only the first step towards building a robust endowment that is the cornerstone of every successful institution. Holly Hornung Remund of Arnold energized the crowd early in the program. “I can tell you that affiliating with NCF was the right decision!” said Hornung Remund. “With its extraordinary staff, NCF is like the Internet. It’s all there. You’ve just got to go out and use it. With NCF’s help we have raised over $100,000 in our first year, and our plan is to raise a million dollars in the first five years.”
The Nebraska Community Foundation is pleased to announce the election of three new members to its statewide Board of Directors: honorable douglas bereuter of Cedar Bluffs represented the state’s 1st Congressional District from 1979 to 2004, after which he served as President and CEO of The Asia Foundation during a six-year period of unprecedented growth. During his congressional career, he served as vice chairman of the House International Relations Committee for six years. Among his many notable legislative achievements, Mr. Bereuter launched the successful USAID Farmers-to-Farmers program, Federal flood insurance reform and a home loan guarantee program for residents of small communities. sara Coffee radil was born and raised in northwest Nebraska’s Sioux County. Her family has ranched in the area since 1873. Although she has lived most of her life in Omaha, she has always been in involved with the family ranches and the community of Harrison, where she spends at least one week working each month. She has been involved in a wide range of volunteer and charitable work and is concluding her third three-year term on the Nature Conservancy of Nebraska Board of Trustees. Kurt f. tjaden, a native of Hastings, is the Chair of Koley Jessen’s Tax Practice Group in Omaha and is a senior member of the firm’s Estate and Business Succession Planning Practice Group. He advises clients on tax strategy for business and personal purposes and on general corporate matters. He has held numerous leadership roles, including the Omaha Estate Planning Council, the Great Plains Federal Tax Institute, the American Red Cross Heartland Chapter and Catholic Charities. Kurt was recognized in Best Lawyers of America (20082012) by Woodward/White Inc.
“With its extraordinary staff, NCF is like the Internet. It’s all there. You’ve just got to go out and use it.” Holly Hornung Remund Arnold Community Fund
Jeff Yost, NCF President and CEO, presented findings from NCF’s 2011 Transfer of Wealth Study. The study estimates that $603 billion will transfer from one generation to the next in Nebraska over the next 50 years. Earlier in the day approximately 100 Fund Advisory Committee members from across the state
(L to r) Marcia White, NCF Director of Community Development Philanthropy; Judy Brockmeier of Eustis, NCF Board member; Jana Jensen, NCF Director of Community Fund Development– Western Nebraska; and Holly Hornung Remund, Arnold Community Fund.
participated in a wide range of NCF training sessions, including site visits presented by the Northeast Nebraska Philanthropy Council and Northeast Community College. “The Transfer of Wealth study gives us the permission to dream. What would our hometowns look like if we had millions of dollars to invest each and every year?” Brandon Day NCF Vice Chair Norfolk Area Community Foundation Fund
(L to r) NCF Vice Chair Brandon Day of Norfolk; John Molinaro of Washington, DC; and NCF Chair Shannon Harner of Lincoln.
2011 AnnuAl bAnquet major sponsors Elkhorn Valley Bank of Norfolk Omaha Office of Westwood Trust Corporate sponsors Appeara Bank First Bradford Agency Christensen Brozek Faltys Consolidated Companies DayCos Divots Conference Center Frontier Bank Great Plains Communications Koley Jessen Law Firm MNB Financial Group Midwest Bank Millard Manufacturing Nebraska Investment Finance Authority Security National Bank Tri-County Bank Union Bank Walter Insurance
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Affiliated Fund Updates nCf Community funds valley County Community foundation fund co-sponsored a Business Discovery Day for 58 students who were joined by 20 area business leaders. Students completed a survey to measure their unique qualities and strengths. They competed in teams to develop a business concept, marketing plan and presentation around an unknown object. And they took guided tours of five local businesses. “We seem to have tapped into a real interest that young people have in the economy and in rural entrepreneurship,” said Lu Lansman, Ord Rural Community Development Regional Coordinator. The day concluded with a challenge to get students involved by working with business leaders and becoming active FBLA members.
mission Accomplished The neighboring communities of Arnold and Callaway have met their fundraising challenge grants more than six months ahead of schedule.
Kaleigh Koch, Kloreace Pokorny, Skyler Erickson and Elizabeth Einspahr, mentored by Roger Lansman, capture the top Business Discovery Day award for their project, Team Energy Saver 3000.
elwood Community fund, established in September 2011, is eligible for up to $170,000 in matching funds from NCF’s Verner and Mildred Vinzant Donor-Advised Fund. The Vinzants were longtime farmers in the area. The one-to-one matching funds will help the Village of Elwood build a new library, with additional support from the Nebraska Department of Economic Development. Security First Bank and Pinnacle Bank have made major contributions to the campaign. Gifts of grain Pinnacle Bank held a different kind of grand opening ceremony with a ribbon made of $100 bills. The money was are helping the Fund meet its match. given to the Elwood Community Fund/Vinzant Challenge for the Elwood Public Library project.
future of decatur fund is seeing the fruits of its long labor to build the Sears Center, a multiuse senior and wellness facility in downtown Decatur. The center is named after the late Harold “Doc” Sears, who made a $1 million contribution to get the project off the ground and to establish an endowment to fund future improvements. The Fund Advisory Committee worked tirelessly to write grants and raise local matching contributions. The center serves nutritious meals each weekday. There is a media room with a library and computers, plus access to the Internet and training, a weekly medical clinic, and a health and fitness club that now has nearly 100 members with 24-hour access.
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Jane Farber, Darlene Smith, Leota Busse, Kathy Mussack and Marilyn Andersen use the new fitness facilities at the Sears Center.
The Hunt Family Donor-Advised Fund challenged each of these affiliated funds to build an endowment by raising $75,000 to be matched by a grant of $25,000, with the caveat that both communities must meet their goal in order for either to receive the matching funds. Earnings from the endowments will support leadership, entrepreneurship, youth engagement and philanthropy education. Arnold Community fund went over the top in November with a silent auction. The event drew more than 250 people and raised over $58,000, which added to contributions from about 40 other area donors. Established in January of 2011, the fund already has raised more than $120,000 towards its five-year goal of raising $1 million with half of the funds permanently endowed. “This shows that people in the Arnold area are willing to invest in the Fund and its impact on our community,” said Chairperson Shane Cool. Callaway Community foundation fund met its match in January, and according to Chair Ken Pitkin, has no intention of slowing down. “This is just the first phase of our endowment-building effort. Many of our donors have made five-year pledges, and that’s important. Gifts have come from a wide variety of farmers, ranchers and business owners. Thanks to great coverage from our newspaper, former residents from California to Rhode Island have contributed,” Pitkin said. “An endowment enables a community to be proactive to meet the changing needs of the future. “
CommunitY And orgAniZAtionAl suCCess highlights www.nebcommfound.org
organizational funds
sAve the dAte
Chase County Hospital Foundation Fund provided support for a new portable
nCf AnnuAl events in KeArneY thursday, november 8, 2012
ultrasound. The equipment is used for a variety of tests, examinations and emergency room diagnosis. “In addition to the traveling ultrasound service that is here only twice a week, the new ultrasound expands our capabilities and allows us more flexibility in scheduling patients,” said Becky Fisher, director of surgical services. The new ultrasound is only one of many technology upgrades made possible in part through contributions to CCHFF in 2011.
Plan now to join us at the Holiday Inn for a full day of affiliated fund training and our evening Expo and Annual Banquet.
Becky Fisher demonstrates the new ultrasound machine recently put into use thanks to support from donors to the Chase County Hospital Foundation Fund.
Philanthropy Council of Northeast Nebraska is an organization of 28 nonprofits
working to create a culture of giving by sharing resources, knowledge and best practices. In February the Council hosted its first community-wide event called Celebrate Giving, honoring six outstanding area philanthropists and volunteers. It also held a Youth Philanthropy Contest with more than 33 groups and individuals, age kindergarten through 25, submitting entries “to make a difference” in their community. Eight awards of $1,000 each were presented to the winning contestants, who will use the money to implement their projects. Major support for the awards comes One of eight contest winners, Paige Orwig displays from The Connie Fund, a donor-advised fund of her project idea for a support group for young people with diabetes in Norfolk. the Nebraska Community Foundation.
Box Butte Health Foundation Fund was able to “pay it forward” through
a generous gift from an anonymous donor. The money donated to BBHF was used to purchase a new telemetry station for the Cardio-Pulmonary Rehap Department at Box Butte General Hospital. In turn, the hospital donated the equipment it replaced to the Gordon Memorial Hospital, which will allow it to reach higher standards of care for cardio-pulmonary patients. “What I love about this donation is that it shows how one gift to one organization can ultimately help another,” said BBHF director, Brooke Vogel.
find us on fACebooK! Find out what other affiliated funds are doing. Post pictures of your events and grants. Get help, advice and new ideas from your peers and your friends at NCF. Share your thoughts and keep in touch. facebook.com/ nebraskacommunityfoundation
WebinAr trAinings NCF has an online library of more than 30 recorded webinars with training in fundraising, marketing, governance and grantmaking. All are recorded in their entirety and many are edited into shorter 15-30 minute segments. You can find them on our website at www.nebcommfound.org/affiliated-funds/ services/webinar-trainings. Viewing a webinar with your fellow FAC members would be a great activity for your next meeting! Try out these “featured” webinars over the next few months:
April
begin with the end in mind Making Grants that Make Impact
may
risky business Managing Risk for your Affiliated Fund
June BBHF Director Brooke Vogel and BBGH cardio pulmonary rehab coordinator Nancy Leisy show off the new telemetry station made possible by a gift from an anonymous donor.
make Your mark! Creating Compelling Marketing Materials You will need to log in with your username and password. Contact Angie at aparrish@ nebcommfound.org if you have forgotten yours or have never logged in.
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Charitable Giving gifts of grain support Affiliated funds From July to January, NCF received 67 gifts of grain and livestock valued at more than $252,000 to benefit NCF and 14 affiliated funds. Leading the pack is one of NCF’s newest affiliated funds. The byron Community foundation fund was established last July. It already has received 15 gifts of grain worth more than $82,000. With additional cash gifts and pledges, the Fund has raised over $400,000 in less than a year. Chair Jeremy Heitmann has some ideas about why the gifts of grain have come pouring in. “You can say we had the wind at our backs with the farm economy. People are capable of giving now, much more than in the past. It’s a win-win situation when you make a gift of grain. You don’t have to recognize the income from the sale and you still get to deduct all the production costs for tax purposes. A lot of people were surprised they could do this,” Heitmann said. He points to another reason for the recent success. “For many years we’ve needed a new community center. It’s important to our town. The question was how we were going to do it,” said Heitmann. “We found out that starting up our own foundation would take more than 18 months.” People knew they needed to act quickly. So they turned to NCF for help. “There is no way we could have accomplished what we have without the support and expertise of the Nebraska Community Foundation,” Heitmann said.
Since its establishment in October, the bertrand Area Community fund has seen remarkable progress thanks to gifts of grain. The Fund was energized by a challenge grant from NCF’s Verner and Mildred Vinzant Donor-Advised Fund. Now deceased, the Vinzants farmed in the area for many years. Mike Dannehl, Chair of the Fund, says the community kicked off the effort at a steak dinner event with 80 people attending. NCF staff member Doug Friedli and Seth Gruber, Chair of the Eustis Community Foundation Fund, explained the easy process and the tax advantages of giving gifts of grain. As of January 31, the Fund had received 10 gifts of grain valued at more than $44,000 and many more gifts of cash. “Farmers say that right now they are able to make these donations, and they feel benevolent. They realize what’s at stake. So we feel there’s never been a better time to ask for a gift. Many farmers have made three-year pledges. We also need to let people know that they can give gifts of grain all year long. There’s a lot of grain sitting in storage right now,” Dannehl said. Although current projects include the library and senior center, most donations have been unrestricted. “We plan on making the Fund very visible as we continue. We want to begin encouraging people to include the Fund in their estate plans,” Dannehl said.
Area ag producers contributed some of their corn crop to the Callaway Community Foundation Fund to help meet the Fund’s $75,000 goal for a matching grant from the Hunt Family Donor-Advised Fund. (L-r) Norman Johnson, Jim Johnson, Doug Dockweiler, and Seven Valleys Grain manager David Pandorf.
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I On the Leading Edge
stePs to mAKe A gift of Ag Commodities • Consult with your tax advisor to see if the gift is appropriate for your situation. • Call NCF first to confirm the details for delivery or transfer. • Deliver or transfer the unsold commodity to the elevator or sale barn. • NCF will communicate with the buyer to direct the proceeds to your affiliated fund. • NCF’s affiliated fund assumes all costs of storage and marketing. • NCF will issue you a receipt for the gift. For complete details contact les long, (402) 323-7346 or llong@nebcommfound.org. For complete information visit www.nebcommfound.org/donors/ how-to-give/what-to-give/ gifts-of-grain-and-livestock. “I can’t begin to tell you how valuable NCF has been to us. It’s been awesome. They’re just a phone call away, and that’s a real asset,” said Dannehl. “And the regional meeting in Eustis was a great way to network and learn about what other funds are doing.” Dannehl said that while the tax benefits are attractive, the real reason people are making gifts of grain is because they want Bertrand to succeed through generous charitable giving.
(L-r) Marty Petska, Jim Edwards, Chuck Zangger, Jim Novotny and Roger Lansman donated gifts of grain to the Valley County Health System Foundation Fund as a way to make a charitable gift and minimize their tax liability.
gifts of grAin And the ford foundAtion ChAllenge www.nebcommfound.org
the ford foundation Challenge…met! As of december 31, 2011, individuals, businesses, families and foundations had contributed or pledged $3,109,607 toward the ford foundation Challenge. We met this important goal thanks to people who believe in our community-building mission. In July 2008 the Ford Foundation issued a $1 million challenge grant to the Nebraska Community Foundation to support our development work and build the NCF endowment. NCF was one of only five organizations nationwide chosen for the challenge. To receive the grant NCF needed to raise $3 million by the end of 2011, all from Nebraska-connected donors. As Richard Walter, Chair of our Campaign Committee, remarked, “This milestone is just the first step. Like the communities we serve, we must keep moving forward to build a much larger multi-million dollar endowment to sustain our work. A robust endowment is the cornerstone of every successful organization – whether it’s a university, a hospital or an extraordinary institution like the Nebraska Community Foundation. That’s why we’re so excited that an anonymous Nebraska donor has issued NCF
“I have always believed that charity begins at home. People in Nebraska are not only generous; they are sensible. They feel strongly about investing their money wisely, in programs and projects that make a long-term difference.
NFC donor Lora Damme of Talmage and Jeff Yost visit during a regional training session in Nebraska City.
another challenge grant over the next three years.” Contributions to NCF are critical to our mission because administrative fees paid by our affiliated funds cover only a small portion of our expenses for the training, coaching, outreach and support we provide for our 1,800 volunteer affiliated fund leaders.
NCF facilitates this charitable process. It teaches communities how to accomplish their goals. And it brings communities together to learn from their peers and to be inspired.” Lora Damme Talmage
The Nebraska Community Foundation and its affiliated funds are deeply grateful for the contributions to this campaign, and for all the support we have received over the years from our generous family of donors.
Contributions to the nCf ford foundation Challenge Campaign gifts and Pledges 7/1/2008 – 12/31/2011
$50,000 – 99,999 Frank and Shirley Sibert Kearney $250,000 – 350,000 Brandon and Tammy Day / Daycos Norfolk Hunt Family Donor-Advised Fund Blair Richard and Darlene Walter / Richard Walter Insurance Sherwood Foundation Shickley Omaha W.H. & E.C. Damme Farms Anonymous Talmage USDA - Rural Development Grant Bruning State Bank Bruning $100,000 – 249,999 Peter Kiewit Foundation Consolidated Companies Omaha Lincoln Kathleen Thuman / Farmers State Bank Richard E.* and Louisa L. Manning Geneva Lincoln / Maywood
Elaine S. Wolf Albion First National Bank of Omaha Omaha Judy and Ron Parks Papillion Judy Hemberger Estes Park, CO
$25,000 – 49,999 Cornerstone Bank York Mark and Linda Graff / McCook National Bank / MNB Financial Group / Graff Family Inc. McCook
Andy and Geri Anderson McCook Cooper Foundation Lincoln Kenner Family Donor-Advised Fund Hebron Ameritas Charitable Foundation Lincoln $10,000 – 24,999 Robert E. Mundy / Mundy and Associates Omaha Wayne and Beverly Buller Ericson Dennis and Nancy Stara Lincoln Countryside Bank Unadilla Westwood Trust Omaha Pete and Jonnie Peterson Ogallala Diller Telephone Company Diller
Pinnacle Bank Lincoln Bettenhausen Family Foundation Lincoln Bob and Michelle Dudley Norfolk Great Plains Communications Blair Lockwood Foundation Scottsbluff Jon and Jennifer Schmaderer / Don Schmaderer / Tri-County Bank Stuart Judith Brockmeier Eustis Bob and Jean Stowell dba Springdale Realty Inc. Ord
Judith Scherer Connealy and Matt Connealy Decatur Diane M. Wilson Lincoln Jeff Yost and Cindy Ryman Yost Lincoln Millard Manufacturing Corp. Omaha Susan M. Ugai Lincoln Ray and Deb Welsh Pender Lori J. and Russell Pankonin Imperial K.C. and Colleen Belitz Columbus Ronald and Merrill Alfs Shickley Farmers and Merchants Investment Inc. Lincoln
$5,000 – 9,999 Shannon Harner and Philip Goddard Lincoln *Deceased Nebraska Investment Finance Authority Lincoln
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NON-PROFIT ORG US POSTAGE
PAID LINCOLN, NE PERMIT NO. 449
PO Box 83107 Lincoln, NE 68501-3107 (402) 323-7330 • Fax (402) 323-7349 www.nebcommfound.org info@nebcommfound.org RETURN SERVICE REQUESTED
Volunteers
best PrACtiCes www.nebcommfound.org
give before You Ask: fAC Planned giving With NCF’s emphasis on future-focused philanthropy, NCF started a new tradition last year with its Community Legacy Award. The award honors affiliated funds in which all Fund Advisory Committee members have arranged an endowed planned gift to their community. The purpose of the award is to encourage FAC members to give before they ask. This is the case when asking for any gift, but it is especially important when speaking to potential donors about creating a planned gift.
The Norfolk Area Community Foundation Fund received the award at NCF’s annual banquet in November. Each of its 11 Fund Advisory Committee members has made a significant planned gift commitment. For more information about the Community Legacy Award, contact marcia White, NCF Director of Community Development Philanthropy at (402) 323-7329 or mwhite@nebcommfound.org.
For information about hosting a gathering event on planned giving for your Fund Advisory Committee members contact Jim gustafson, NCF Gift Planning Director at (402) 323-7341 or jgustafson@nebcommfound.org.
the Community legacy Award is intended to: • Increase engagement of FAC members in furthering the mission and goals of their affiliated fund by increasing their personal level of commitment • Build the unrestricted endowment of the affiliated fund and capture a larger portion of the Transfer of Wealth • Enable FAC members to lead by example and increase their comfort level in asking other community members to make planned gifts • Recognize full participation, not size of gifts Norfolk Area Community Foundation Fund Advisory Committee members and spouses: (Front l-r) Tammy Day, Julie Faltys, Julie Robinson, Bev Ferguson, Michelle Dudley, Helen Bradford, Anita Busskohl, Connie Stauffer. (Back l-r) Jared Faltys, Brandon Day, Arnie Robinson, Joe Ferguson, Bob Dudley, Jerry Huse, Paula Pflueger, Jim Bradford, Jr., Steve Busskohl, Ron Stauffer.