Allamakee County Community Foundation announces $112,900 in community support
The Allamakee County Community Foundation will distribute up to $112,900 this year from endowment funds held for the benefit of local nonprofits and charitable groups working to improve quality of life across the county.
“Endowments provide a sustainable source of funding that allows organizations to realize their missions and embark on successful initiatives to meet local needs,” said Betty Steege, Foundation coordinator. “We partner with donors and nonprofits to transform generosity into actions that improve quality of life in our county for everyone.”
Community foundations are forever: Endowment funds held by the Allamakee County Community Foundation are invested permanently, and the earnings from that investment provide annual funding to address Allamakee County’s greatest challenges for generations to come. Nonprofit leaders look to the Foundation to hold their organizations’ endowments because the reliable source of annual funding helps them respond to emerging needs, sustain the good work they do, and plan for the future.
The Allamakee County Conservation Board is familiar with the power of endowments. “The payout will allow ourstaff to continue providing quality environmental education and programming for the students, residents and visitors of Allamakee County at the Driftless Area Education and Visitor Center, as well as other areas throughout the county,” said Jarrod Olson, assistant director of the conservation board.
Nonprofits and community members can create endowment funds at the Foundation to benefit charitable causes, or make donations to existing funds. Gifts of all sizes make a difference, and those who give $50 or more to an endowment fund at the Community Foundation are eligible for the generous Endow Iowa 25% state tax credit. Learn more and see a full list of options for charitable giving at dbqfoundation.org/accf.
“Endowment funds offer a tangible option for families and community members to make an impact in their communities,” said Steege. “Thanks to generous donors and committed nonprofits, we are able to continue to provide this necessary support for the future of Allamakee County.”
For more information, visit dbqfoundation.org/accf.