LincolnWay Community Foundation announces more than $107,000 in community support
Local nonprofits and charitable groups will see $107,470 in payouts this year from endowment funds hosted by the LincolnWay Community Foundation. These annual distributions support their ongoing work to improve quality of life across the county.
“Endowments provide annual funding that allows organizations to realize their missions and meet local needs – forever,” said Amanda Willimack, the Foundation’s executive director. “The Community Foundation partners with donors and nonprofits to improve quality of life for everyone in our county.”
Endowment funds held by the Community Foundation are invested permanently, and the earnings will provide annual funding to address rural Clinton County’s greatest challenges for generations to come. Nonprofit leaders look to the Foundation to hold their organizations’ endowments because the reliable funding helps them respond to emerging needs, sustain the good work they do, and plan for the future.
Residents of Grand Mound are familiar with the power of endowments: the Grand Mound Community Impact Endowment pays out annually to provide grants to local nonprofits and community projects, including the community center, historical museum, ballpark and depot restoration.
“We appreciate the efforts of our community-minded volunteers to keep this fund at the forefront of people’s minds, and we look forward to using the proceeds to invest in our community,” says fund representative Dennis Campbell.
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/lwcf.