Transcript No Slide Title

TM
For good.For ever.
Community
people connected
by geography... and to each other
Foundation
Foundation
Foundation
a platform
for growth
Community Foundation
a platform
for building community
What is a
Community
Foundation?
A Community
Foundation has
three distinct features
1 2 3
1
Permanent Endowment
Invest and protect principal
 Distribute earnings via grants
 Build permanent community capital
 Create donor legacies

Permanent Endowment
1
2
Broad, Flexible Purpose
Broad, Flexible Purpose
Monitor all community needs
-
Arts and culture
Education
Environment
Health
Human services
Recreation
2
Broad, Flexible Purpose
Monitor all community needs
Support high-impact
opportunities
- Bring organizations into
existence
- Re-direct funds
as appropriate
-
2
3
Personalized Giving
Personalized Giving
• Fulfill multiple charitable intents
• Contribute in a variety of ways
-
Cash
Stocks
Property
Bequests
3
Personalized Giving
• Gain maximum tax advantage
• Be involved in establishing a fund:
-
Unrestricted
Field of Interest
Designated
Advised
3
What is
different about
a Community
Foundation from
an agency like
United Way?
1
Permanent Endowment
A bit of
background.
Community Foundations in the U.S.
1914
First Community Foundation: Cleveland, Ohio
1983
1987
1993
1994
Community Foundation of Portage County
2009
700 Community Foundations in U.S.
30 Community Foundations in Wisconsin
Community Foundation of North Central Wisconsin
Marshfield Area Community Foundation
Community Foundation of South Wood County
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•
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Serving citizens in all 50 states
More than $50 billion in endowment funds
Over $4 billion in local grants
And growing!
Marshfield Area
Community Foundation
We are a non-profit community corporation
created by and for the people of the Marshfield Area.
We’re here to help our donors do good work...
Forever.
Our Mission:
Connecting People who care with the
causes that matter to enrich the quality
of life in the Marshfield Area
The official geographic service area of the Marshfield Area
Community Foundation, beginning to our west and traveling
clockwise, includes the following communities in addition to
Marshfield: Chili, Granton, Neillsville, Loyal, Greenwood, Withee,
Owen, Spencer, Unity, Colby, Curtiss, Abbotsford, Dorchester,
Stetsonville, Medford, Stratford, Rozellville, Hewitt, Auburndale,
Blenker, Milladore, Sherry, and Arpin. It also includes, of course,
the towns and rural areas between these communities.

Marshfield Area Community Foundation
has more than 100 named funds

We have almost $3,000,000 in assets

We gave more than $165,000 in annual
grants in fiscal year 2008 and over
$2,700,000 since we began.
Marshfield Area Community Foundation
Marshfield Area Community
Foundation Assets and Grants
Distributed
2008 Grants
(by interest)
arts
educational
environment
animal related
health
sports/leisure
human services
community
development
unclassifiable
food
housing/shelter
Donor stories.
The Power of
Endowment Funding
The Anne and Bette Adler Story
The Power of Endowment Funding
Anne and Bette Adler Story

Anne and Bette shared a goal: to make a long-term impact on
their home community of Marshfield in the name of their
parents.

In 1993 they offered a challenge grant of $25,000. This
money was used to establish the Adler Family Fund within the
Foundation. It provided the motivating force from which the
Marshfield Area Community Foundation emerged.

Anne Adler passed away last January. Her legacy lives on in the
Community Foundation she started.
The Power of Endowment Funding
Anne and Bette Adler Story
The growth of the Adler Fund
$157,000
$6,700 in
annual
grants
Since 1993
the fund has
granted more
than $62,000.
$25,000
1993
2009
Examples of
Other types of
funds.
Scholarship Funds
Donor Advised Funds
Designated Funds
Field of Interest Funds
Unrestricted Funds
Acorn Funds
Project Specific Funds
Women’s Giving Circle
The Power of Endowment Funding
Scholarship Fund
The Dorothy and Alex B. Knox Scholarship Fund
In November of 1998 Alex and Dorothy Knox
established a scholarship fund with initial investment of
$35,000.
• This fund has awarded $31,000 in
Scholarship support.
• It has touched the lives of over 75
Marshfield High School students
• It continues to grow in both asset size and
grants awarded. It is valued at over
$86,000 today.
* We have 37 scholarship funds that provided
scholarships to 74 students in 2009,
providing more than $50,000 in support.
The Fore Bill Memorial
Scholarship was
established in 2008
and awarded it’s first
scholarship in 2009.
The Anderson Family
with the 2009
Anderson Memorial
Dance Scholarship
recipients.
The O’Reilly sisters
seen talking with the
award winner,
established a
scholarship as a
memorial to their
parents.
Jean Coy from Altrusa
is seen visiting with the
Altrusa Scholarship
winner at the
Scholarship Event.
Donor Advised Funds
LTCA

A donor advised fund is Similar to a
Family Foundation without the
administration

The Lucille Tack Center for the Arts
fund was started to provide an
endowment for the arts at the
center.

Weber Park
Other Donor Advised Funds support
domestic abuse shelters, military
families, The Marshfield Area Friends
of the Trails, the Tiny Tiger
Intergeneration Center, and many
other non-profit causes.
Tiny Tiger Intergenerational Center
Designated Funds:
Another Fund
provides assistance
for many of the
Catholic Parishes in
the community.
The Margaret King Fund
The Woodland
Preservation Fund
provides for maintenance
at the UW -Wood County
Arboretum Trail
was established to provide
an endowment to the
Marshfield Area Habitat for
Humanity to provide
simple, decent, affordable
housing.
Field of Interest Funds
Senior Citizen’s Endowment Fund

This fund was established by the Chronquist
Family

Each year grants are given to projects directed at
seniors.

This fund has supported non-profit agencies like
the Respite Center, Companion Day Services and
others who help seniors.

Another Field of Interest Funds is the Marshfield
History Project
Women’s Giving Circle

Established in 2008 as a way to pool
donations to help improve the lives women
and children. Donations establish an
endowment as well as provide grants to nonprofits that service women and children.

The group has given almost $15,000 in
grants in the first two years

The fund has supported the Personal
Development Center to provide domestic
violence education and supported the
Supervised Visitation and Exchange Program,
Kiddie Kaboose to aid adolescent parents
with child care while they attend high school,
provided heating assistance for
disadvantaged women with children, meals
for seniors, support for Soup or Socks and
the Marshfield Tiger Girl’s Hockey Team.
Deborah Janz, Giving Circle Chair, at
the Wine & Chocolate, Women &
Giving Event.
Project Specific Funds
Many of the recreational places we will visit
this afternoon were made possible with
project specific funds.
Hamus Park
These all add to the quality of life in our area.
Miller Park
Griese Park
Boson Tennis Complex
More Project Specific Projects:
Marshfield Outdoor Learning
Sanctuary
Architecture Construction
and Engineering Academy
More…
Marshfield
Skate Park
The new Marshfield Dog Park
Braem Park Disk Golf
Unrestricted Funds
Forever Fund
A group of students touring the New
Vision’s exhibit, Paws and Reflect. The
Community Grants Program helped to
sponsor this.

We respond to the needs in our
community through our Community
Grants, Senior Grants, and the
Women’s Giving Circle Grants.

This year 18 groups asked for $20,000
in funding

We funded the Christmas Angel Project
of Neillsville, Pathway Partners
Mentoring Program, Hewitt Parks,
Home Delivered Meals, the Marshfield
Dog Park, the Marshfield Clinic Child
Advocacy Center, Marshfield Tiger Girl’s
Hockey Team, and helped to sponsor
the Eva Mozes Kor Lecture.

This fund supports our operational
expenses. Without this fund none of
the other good work we do would get
done.
Acorn Funds
MHS Senior Class Fund or PAWS for the Cause

MHS SENIOR CLASS FUND
MHS senior classes donate
towards establishing a
scholarship fund in the
memory of John Blankush.
PAWS FOOR THE CAUSE
A Leadership Marshfield Class
project established a fund to
provide assistance for spaying
and neutering of pets.
Acorn funds are funds
that are set up by
individuals or groups with
the hopes of growing the
fund over four years to
reach the minimum
($10,000) required to
establish an endowed
fund.
Funds set up by past Leadership
Marshfield Project Groups:
PAWS for the Cause Acorn Fund
 Griese Park
 Marshfield Outdoor Learning Sanctuary
 Marshfield Dog Park
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Can MACF help your project?
Ten reasons
people choose
Community
Foundations.
Why Do People Choose
Community Foundations?
1.We build endowment funds that grow and
benefit our community forever
2.We help donors create an individual or
family legacy
3.We offer donor involvement in selecting
charities
Why Do People Choose
Community Foundations?
4.We are a local organization meeting a
broad range of changing local needs
5.We provide a simple way to fulfill multiple
charitable interests, with low-cost
administration
Why Do People Choose
Community Foundations?
6. We deliver personalized donor
service; we’re flexible and responsive
to unique needs
7. We accept a wide variety of assets
8. We offer maximum tax advantage
Why Do People Choose
Community Foundations?
9. We can preserve donor intent even
when community needs and
organizations change
10.We are known for prudent
stewardship and investment practices
Two simple
thoughts.
Community Foundations
are among the fastest-growing
forms of philanthropy
in the United States today!
“The future is not
entirely beyond our
control, it is the work
of our own hands.”
Robert Kennedy, Jr.
For good.
For ever.
Copyright 1999 Michigan Community Foundations Ventures