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Donor Advised Fund infomation--click here
Endowment information--click here
Wills and Bequests information--click here
Gifts of Stocks information--click here
Field of interest information--click here
Scholarships information--click here
Legacy Fund information--click here
Donor Advised Funds - A donor advised fund is created within the
Story County Community Foundation and allows you, the donor, to
make grant recommendations for organizations you wish to support. If
the fund is not permanent, grants are paid out of your fund investment
income, principal, or a combination of both.
Donor Advised Permanent Endowment - A permanent endowed
donor advised fund is setup within SCCF that allows you, the donor,
to make grant recommendations for organizations you wish to support.
Grants are paid out at a spending rate of 5% annually of the fund
balance at the end of the previous calendar year. A permanent fund is
eligible for Endow Iowa Tax Credits
Unrestricted Funds - These funds are typically created by visionary
philanthropists with broad charitable interests. The donor of unrestricted
gifts gives the responsibility for selecting grant recipients to SCCF's
Board of Directors, based on their needs assessment and priority
setting process. These funds offer SCCF maximum flexibility and
the opportunity to support the creation of innovative solutions to
community issues.
Field of Interest Funds - Education, the arts, disadvantaged youth and
families, and individuals with special needs are a few of the areas
donors support with Field of Interest Fund designations. Donors may
wish to support healthcare, elder services, libraries or other fields
important to you. The Story County Community Foundation's Board of
Directors determines the specific recipient and grant amount to be
made within the field specified by the donor.
Designated Funds - Designated Funds are those created by donors for
the benefit of a specified charitable agency (or agencies) and help
ensure the continuity of a specified charitable organization. Designated
Funds also may distribute investment income to the named
organization on an annual basis, creating a stable income stream.
Agency Funds - Agency Endowment Funds may be created with the
SCCF by a nonprofit agency itself for its own benefit. They provide
benefits such as: receiving a stable source of annual income, allowing
staff and board members to concentrate on fundraising, providing
protection for the endowed monies, and having SCCF's Board and
staff of the Community Foundation of Greater Des Moines' assistance
where needed. The agency continues to direct the outflow of monies.
Scholarship Funds - Donors may establish Scholarship Funds to
benefit students of a particular school, geographic region, educational
discipline, gender, academic accomplishment or other designation but
not for a specific individual.
Legacy Funds- Ideal for families and individuals who want to establish how their
planned gift should be distributed after their lifetime. The Legacy fund is funded at
the donors death and will fulfill the donor's intent for charitable giving past their own
life.
Story County Community Foundation
is an affiliate of the Community Foundation of Greater Des Moines
416 Douglas, Suite 202
P.O. Box 1666
Ames, IA 50010-1666
515-232-9200
www.storycountyfoundation.org | email: storycounty@storycountyfoundation.org