For Butler County. For good. For ever.
The Butler County Community Foundation is committed to helping individuals
maintain a thriving quality of life in the Butler County community. Gifts
to the Butler County Community Foundation can be a way for citizens to
“give back” to the community that nurtured them and their families, and to
play an important part in making Butler County an even better place to
live, creating a legacy of generosity for generations to come.
WHAT IS THE BUTLER COUNTY COMMUNITY FOUNDATION?
The Butler County Community Foundation is a local, nonprofit charitable
affiliate component of the Community Foundation of Waterloo/Cedar Falls
and Northeast Iowa. The Butler County Community Foundation is a qualified
community foundation, whereby receive the maximum tax deductions allowed
at the state and federal level. We are dedicated to strengthening our
community both now and for future generations. The main purpose of the
Butler County Community Foundation is to provide a vehicle by which
private donors may make a lasting contribution to our community and at the
same time accomplish their goals in charitable gift and estate planning.
WHAT ARE THE BENEFITS OF GIVING THROUGH THE BUTLER COUNTY COMMUNITY
FOUNDATION?
A donor has the choice of how and when to make their gift, the charitable
impact it will make and how involved they will be in its distribution.
BENEFITS TO DONORS:
1. Tax Advantages - By making a gift to the Butler County Community
Foundation, a donor is
able to receive the maximum tax advantage allowed by state
and federal law. Also, there
may be additional tax credits available through Endow Iowa
legislation.
2. Simplicity - A gift to the Butler County Community Foundation
may benefit several
worthwhile endeavors through an unrestricted fund or specific
areas designated by the
donor.
3. Effective Leadership and Accountability
- Our Committee,
consisting of active community
leaders representing all different segments of our community,
guides our local grant-
making process. All receipts and expenditures are fully
audited by outside auditors
contracted by the Community Foundation of Waterloo/Cedar
Falls and Northeast Iowa.
4. Flexibility - Gifts may include outright gifts, (e.g. cash or
stock), bequests, charitable gift
annuities, charitable lead trusts, charitable remainder
trusts, life estate contracts,
retirement plans, insurance and other kinds of assets. They
be designated or
undesignated, and can be added to at any time and for nearly
any reason.
5. Recognition or Anonymity - Donors may be publicly recognized for
their philanthropic
efforts or may remain anonymous, as they wish. Gifts may be
designated as memorials or
tributes or may be named in recognition of an individual,
family, organization or special
purpose.
6. Permanence and Security - Gifts to the Butler County Community
Foundation become a
part of a perpetual trust, ensuring a permanent endowment to
respond to changing
community needs right here in Butler County. All gifts are
administered by the Community
Foundation of Waterloo/Cedar Falls and Northeast Iowa, who
establishes the investment
policies and guidelines for professional investment managers
contracted to manage the
fund assets.
HOW CAN YOU GIVE TO THE BUTLER COUNTY COMMUNITY FOUNDATION?
Not only are there many benefits of giving to the Butler County Community
Foundation, but also there are several ways to give in order to meet your
specific charitable goals and take full advantage of tax benefits.
GIFT OPTIONS INCLUDE:
•
Outright Gifts: Give cash, stocks, real estate or other assets
•
Bequests: Designate a portion of an estate
• Charitable Gift Annuity: Annuity contract pays donor a
predetermined amount annually
for life -charitable fund commences grants upon death.
•
Charitable Lead Trust: Trust pays the Butler County Community
Foundation a fixed amount
for a number of years and then assets go the beneficiary.
•
Charitable Remainder Trust: Trust pays beneficiary for life and
then assets are
transferred to a fund of the Butler County Community Foundation
•
Life Estate Contract: Donor transfers home to the Butler County
Community Foundation
and still enjoys living at home.
•
Retirement Plans: IRA’s, etc. By naming the Butler County
Community Foundation as
beneficiary of a retirement plan, 100% stays in the community to
benefit charities in the
donor’s name.
• Insurance: Insurance policies can be named to the Butler County
Community Foundation in
total or even a portion. Many establish the Butler County Community
Foundation as the
owner and beneficiary during their lifetime.
WHAT MIGHT BUTLER COUNTY COMMUNITY FOUNDATION FUNDS BE USED FOR?
Your gift to the Butler County Community Foundation may be used
exclusively for charitable, educational, religious, scientific, health,
welfare, recreational, cultural affairs, arts or any purpose that benefits
Butler County.
THROUGH THE BUTLER COUNTY COMMUNITY FOUNDATION,
each donor has a range of options and the opportunity to preserve and
strengthen the community we all cherish. The Butler County Community
Foundation is committed to making a lasting difference for Butler County.
For good. For ever.
You are invited to help Butler County create a legacy for generations to
come.
For more information you or your financial advisor are urged to contact:
Jeff Kolb
Butler County Community Foundation
(319) 267-2858
If you are interested in giving a tax-deductible gift to the Butler County
Community Foundation please make checks payable to the Butler County
Community Foundation Fund, specify your donation’s designation and mail it
to:
Butler County Community Foundation
P.O. Box 1176
Waterloo, IA 50704
|
Joan Moad, Vice-Chair |
Allison |
|
Manelva
Limburg |
Aplington |
|
Deb Bills |
Aredale |
|
Nancy Rieken |
Bristow |
|
John Zimmerman |
Butler County |
|
Deb Swinton,
Secretary - Treasurer |
Clarksville |
|
Deb Harrison, Chairperson |
Dumont |
|
Dan Castle
|
Greene |
|
Audrey Schoeman |
New
Hartford |
|
Richard Allan |
Parkersburg |
|
Glen Kliebenstein |
Shell Rock |
|
Jeff Kolb, Administration |
BCRDG |
