SIOUX CENTER
COMMUNITY FOUNDATION
Creating a
Legacy of
Generosity
Sioux Center enjoys a rich heritage of
visionary leaders who worked to build a community where quality of life is valued over
expediency and progress is achieved through cooperation rather than confrontation. The
Sioux Center Community Foundation is deeply committed to the community of Sioux Center as
a place for the future generations to live and work and raise their families with these
same goals in mind. Gifts to the Community Foundation can be a way for private citizens to
"give back" to the community that nurtured themselves and their families, and to
play an important part in making Sioux Center and even better place to live, creating a
legacy of generosity for generations to come.
What is the Sioux Center Community Foundation?
The Sioux Center Community Foundation is a locally governed, tax exempt,
nonprofit charitable fund dedicated to strengthening our community both now and for future
generations. The central purpose of the Sioux Center 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 Investing with the Community
Foundation?
A donor has the choice of how and when to make their gift, where it will go and how
involved they will be in its distribution.
Benefits to donors include:
- Tax Advantages
As a publicly supported organization, the Community Foundation offers maximum tax
benefits.
-
Simplicity
A gift to the Community Foundation may benefit several worthwhile endeavors through
unrestricted funds or specific areas designated by the donor.
-
Effective
Leadership and Accountability
Our Board of Directors, composed of knowledgeable community leaders representing
diverse segments of our community, provides overall direction and policy. All receipts and
expenditures are fully audited.
-
Flexibility
Gifts may include cash, appreciated assets, bequests, securities, real estate, life
insurance, and other kinds of assets. They may be designated or undesignated, and can be
added to at any time.
-
Recognition
or Anonymity
Donors may be publicly recognized for their philanthropy 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.
-
Permanence
and Security
Gifts to the community are administered by the Foundation and become part of a
perpetual trust, ensuring a permanent endowment to respond to changing community needs.
Fund assets are managed according to the Board of Directors guidelines by investment
professionals. The Board of Directors holds preservation of the principal value of the
fund as its primary investment goal.
How Can You Give to the Community Foundation?
Just as there are many benefits to Community Foundation donors, there
are also many different ways of giving in order to meet your specific
charitable goals and take full advantage of tax benefits. Gift options
include:
-
Cash
-
Securities
-
Real
Estate
-
Bequests
-
Life
Insurance
-
Other
Assets
What Might Foundation Funds be Used For?
Your gift to the Community Foundation may be used exclusively for
charitable, educational, religious, scientific, health, welfare, recreational, cultural
affairs or arts purposes for the benefit of the community of Sioux Center.
Through the Community Foundation, each donor has a range of
options and the opportunity to preserve and strengthen the community we all cherish --
today and in the future.
To learn if investing in the Sioux Center Community
Foundation is right for you, or for more information, you or your financial advisor may
contact:
Paul Clousing at paulcl@siouxcenter.org
or call 722-0761 OR
Dean Gabhart at
deang@siouxcenter.org or call 722-0533
OR write to:
Sioux Center Community Foundation
335 1st Avenue NW
Sioux Center, IA 51250
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