spring 2012 connections newsletter

8
In 2011 the Nebraska Community Foundation completed an update to its original Transfer of Wealth Study, using the most recent data and an improved methodology. Over the next 50 years, $603 billion will transfer from one generation to the next in Nebraska. The World War II and the Baby Boom generations own more private wealth than at any time. This wealth may be held in real estate, securities, retirement accounts and other assets. Some will go to taxes. Most will go to heirs. Due to outmigration, many of those heirs no longer live where the wealth was built, and may no longer feel connected to those places. Once wealth leaves our communities, it is likely gone forever. We must act now to encourage charitable investment in the future of our communities while the window of opportunity is open. We must teach, encourage and inspire our citizens to give back today and include their community in their estate plans for tomorrow. If only a small portion of this wealth – just 5 percent – were given back through charitable gifts and endowed in community funds, communities would have millions of dollars each year to invest in hometowns where young people can live, work and raise their families. The Nebraska Community Foundation is helping people across the state achieve this vision. It was founded and continues to be governed on the principle that philanthropic capital – secured in permanent community endowments – is the most reliable source we have for future funding needs. The Transfer of Wealth study proves that capital is available to build and sustain our hometowns. What we need now is local leaders to talk with their friends and neighbors about what is possible if we harness the unprecedented opportunity of the Transfer of Wealth. ANNUAL CELEBRATION BANQUET Affiliated fund leaders and guests gather in Norfolk for NCF’s 2011 Annual Banquet and Exposition – a celebration of successful community-building through charitable giving and hometown leadership. Full article on page 3 YOUTH ENGAGEMENT Young people in NCF communities are getting involved in their local economies and launching projects to make them better places to live healthy, productive lives. Teens from three counties gather in Ord for a day of entrepreneurship and business discovery. Read articles on page 4 and 5 GIFTS OF AG COMMODITIES HIGHEST EVER With the strongest ag economy in years, many producers are thinking about making gifts of corn, soybeans and other ag commodities to support their local affiliated funds. Farmers and ranchers are using this tool to support their local endowment-building efforts in more than 15 affiliated funds. Full article on page 6 NCF MEETS ITS FORD FOUNDATION CHALLENGE Year-end gifts push NCF past the goal of its $3 million campaign to fund its community development work across the state. Now a second challenge grant is in place to keep the momentum going. Full article on page 7 A LOOK INSIDE... www.nebcommfound.org Connections Spring 2012 Study Gives Permission to Dream Once wealth leaves, it is gone forever. Once wealth is endowed, it stays here forever. The time to act is now; the opportunity will never be greater. In 51 Nebraska counties the peak years for intergenerational wealth transfer are on the near horizon. $603 Billion of Intergenerational Transfer of Wealth County-Based Transfer of Wealth Analysis President & CEO Jeff Yost discusses the Transfer of Wealth opportunity at NCF’s annual training for affiliated funds in November. Peak Years of Transfer Peak Years of Transfer 2010 to 2019 2020 to 2029 2030 and after

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Page 1: Spring 2012 Connections Newsletter

In 2011 the Nebraska Community Foundation completed an update to its original Transfer of Wealth Study, using the most recent data and an improved methodology. Over the next 50 years, $603 billion will transfer from one generation to the next in Nebraska. The World War II and the Baby Boom generations own more private wealth than at any time. This wealth may be held in real estate, securities, retirement accounts and other assets.

Some will go to taxes. Most will go to heirs. Due to outmigration, many of those heirs no longer live where the wealth was built, and may no longer feel connected to those places. Once wealth leaves our communities, it is likely gone forever.

We must act now to encourage charitable investment in the future of our communities while the window of opportunity is open. We must teach, encourage and inspire our citizens to give back today and include their community in their estate plans for

tomorrow.

If only a small portion of this wealth – just 5 percent – were given back through charitable gifts and endowed in community funds, communities would have millions of dollars each year to invest in hometowns where young people can live, work and raise their families.

The Nebraska Community Foundation is helping people across the state achieve this vision. It was founded and continues to be governed on the principle that philanthropic capital – secured in permanent community endowments – is the most reliable source we have for future funding needs.

The Transfer of Wealth study proves that capital is available to build and sustain our hometowns. What we need now is local leaders

to talk with their friends and neighbors about what is possible if we harness the unprecedented opportunity of the Transfer of Wealth.

AnnuAl CelebrAtion bAnquet Affiliated fund leaders and guests gather in Norfolk for NCF’s 2011 Annual Banquet and Exposition – a celebration of successful community-building through charitable giving and hometown leadership. Full article on page 3

Youth engAgementYoung people in NCF communities are getting involved in their local economies and launching projects to make them better places to live healthy, productive lives.

Teens from three counties gather in Ord for a day of entrepreneurship and business discovery.

Read articles on page 4 and 5

gifts of Ag Commodities highest everWith the strongest ag economy in years, many producers are thinking about making gifts of corn, soybeans and other ag commodities to support their local affiliated funds. Farmers and ranchers are using this tool to support their local endowment-building efforts in more than 15 affiliated funds. Full article on page 6

nCf meets its ford foundAtion ChAllengeYear-end gifts push NCF past the goal of its $3 million campaign to fund its community development work across the state. Now a second challenge grant is in place to keep the momentum going. Full article on page 7

A looK inside...

www.nebcommfound.org

ConnectionsSpring 2012

study gives Permission to dream

• Once wealth leaves, it is gone forever.

• Once wealth is endowed, it stays here forever.

• The time to act is now; the opportunity will never be greater.

in 51 nebraska counties the peak years for intergenerational wealth transfer are on the near horizon.

$603 billion of intergenerational transfer of Wealth County-Based Transfer of Wealth Analysis

President & CEO Jeff Yost discusses the Transfer of Wealth opportunity at NCF’s annual training for affiliated funds in November.

$603 Billion of Intergenerational Transfer of WealthCounty-Based Transfer of Wealth Analysis

2010 to 20192020 to 20292030 and after

Peak Years of Transfer

Peak Years of Transfer 2010 to 2019 2020 to 2029 2030 and after

Page 2: Spring 2012 Connections Newsletter

I On the Leading Edge

The past several months have revealed the strength of our charitable giving movement all across the state. Contributions received in December alone totaled $8.2 million, vs. $3.6 million for the same period last year. NCF and it s affiliated funds received 1,541 contributions in December, a record number for a single month.

Most of the 98 affiliated funds that received those gifts serve people in our smaller communities. Importantly, 80 percent of those gifts have come from people who have given in the past. This tells us that people are committed to their hometowns for the long term.

NCF has its sights set on the long term. That is why we conducted our county-by-county Transfer of Wealth study. That is why we invest most of our resources in building volunteer community leadership teams. That is why we place such a strong emphasis on building endowments and encouraging people to arrange a planned gift in their estate.

The opportunity to invest in the future of Nebraska has never been greater. Our strong ag economy and soaring land values are boosting local economies. Information technology and global markets are becoming ever more accessible. The time to reverse the trend of outmigration is now.

We may not know today exactly what our communities will need as they face a changing future. What is certain is that building strong communities and productive citizens will require investments in health care, education, economic development

and all the things that make our hometowns attractive to young families. That is why we are building unrestricted endowments in communities across the state.

We are working with people in 238 communities who are optimistic about the future. They are committing their time, talent and treasure today, and setting aside a portion of their wealth to benefit their communities far into the future.

You’ll learn about some of these generous community champions in this newsletter. And if you are

reading this, you probably know of others who are doing similar remarkable work.

What you may not know is that none of NCF’s success over the years would have been possible without the deep involvement of our exceptional Board of Directors. This is a group of individuals that takes on far more commitments than the board of a typical community foundation. But then again, the Nebraska Community Foundation is not a typical foundation, and our community development mission is anything but ordinary.

Executive MembersShannon Harner of Lincoln, ChairBrandon Day of Norfolk, Vice ChairRichard Walter of Shickley, SecretaryDennis Stara of Lincoln, TreasurerBrian Thompson of Waverly, Immediate Past Chair

At-Large MembersK.C. Belitz of Columbus Honorable Douglas Bereuter of Cedar BluffsJudy Brockmeier of EustisJoe Ferguson of NorfolkCasey Garrigan of OmahaLori Pankonin of ImperialJudy Parks of PapillionF.E. Pete Peterson of BruleSara Coffee Radil of OmahaJon Schmaderer of StuartKurt Tjaden of OmahaRay Welsh of Pender

Honorary MembersHelen Boosalis* of LincolnFred Bruning of Bruning Steve Buttress of KearneyJanet Krotter Chvala of AtkinsonBrenda Council of OmahaConnie Day* of NorfolkP. Mark Graff of McCookNancy Hoch of Nebraska CityRichard Hunt of Blair Kim Lauritzen* of Omaha Fred Lockwood of ScottsbluffRodrigo Lopez of Omaha Ed Loutzenheiser of JuniataBob Mundy of OmahaSenator Ben Nelson of OmahaRon Parks of PapillionBeverly Pollock of OgallalaSid Salzman of AinsworthJim Scholz of OmahaFrank Sibert of KearneyBob Stowell of OrdKathleen Thuman of LincolnSusan Ugai of LincolnMimi Waldbaum* of OmahaJeanene Wehrbein of PlattsmouthJim Wolf* of Albion* Deceased

President and CEOJeffrey G Yost

nCf boArd of direCtors

Inside NCF

2

optimism is high for nebraska’s hometowns

220AFFILIATED

FUNDS…

238 Communities Served

$76.5MILLION

TOTAL ASSETS…

13% Year-Over-YearGrowth

$40.4MILLION

ENDOWED ASSETS…

10% Year-Over-Year Growth

218PLANNED

GIFTS…

$40.9 Million toBenefit Nebraska

36,222CONTRIBUTIONS

…Received in the

Last 5 Years

$138.6MILLION

REINVESTED…

$80.7 Million in theLast 5 Years

nCf by the numbers (12/31/2011)

Jeff Yost, NCF President and CEO

The Nebraska Community Foundation partners with community leaders to inspire charitable giving, prudently manage financial resources and make strategic investments for the prosperity of our people and our communities.

NCF, a 501(c)(3) organization, was established in 1993 to serve communities, organizations and donors throughout Nebraska. NCF is recognized nationally for its innovative practices in community development philanthropy. The Foundation provides a range of services, including financial management, strategic development, education and training to more than 200 affiliated funds statewide.

Confirmed in Compliance with National Standards for U.S. Community Foundations

Page 3: Spring 2012 Connections Newsletter

On the Leading Edge I 3

www.nebcommfound.org

AnnuAl bAnquetAnd neW boArd members

Norfolk was host to NCF’s biggest annual event ever this past November. More than 300 banquet guests. The highest level of sponsorships. More than 100 affiliated fund leaders attending training. And the announcement that NCF had reached its $3 million fundraising goal to receive a $1 million challenge grant from the Ford Foundation.

NCF Board member Richard Walter of Shickley made the announcement, and reminded the audience that the milestone was only the first step towards building a robust endowment that is the cornerstone of every successful institution.

Holly Hornung Remund of Arnold energized the crowd early in the program. “I can tell you that affiliating with NCF was the right decision!” said Hornung Remund. “With its extraordinary staff, NCF is like the Internet. It’s all there. You’ve just got to go out and use it. With NCF’s help we have raised over $100,000 in our first year, and our plan is to raise a million dollars in the first five years.”

Jeff Yost, NCF President and CEO, presented findings from NCF’s 2011 Transfer of Wealth Study. The study estimates that $603 billion will transfer from one generation to the next in Nebraska over the next 50 years.

Earlier in the day approximately 100 Fund Advisory Committee members from across the state

participated in a wide range of NCF training sessions, including site visits presented by the Northeast Nebraska Philanthropy Council and Northeast Community College.

nCf Announces $3 million milestone

(L to r) Marcia White, NCF Director of Community Development Philanthropy; Judy Brockmeier of Eustis, NCF Board member; Jana Jensen, NCF Director of Community Fund Development–Western Nebraska; and Holly Hornung Remund, Arnold Community Fund.

(L to r) NCF Vice Chair Brandon Day of Norfolk; John Molinaro of Washington, DC; and NCF Chair Shannon Harner of Lincoln.

new board membersThe Nebraska Community Foundation is pleased to announce the election of three new members to its statewide Board of Directors:

honorable douglas bereuter of Cedar Bluffs represented the state’s 1st Congressional District from 1979 to 2004, after which he served as President and CEO of The Asia Foundation during a six-year period of

unprecedented growth. During his congressional career, he served as vice chairman of the House International Relations Committee for six years. Among his many notable legislative achievements, Mr. Bereuter launched the successful USAID Farmers-to-Farmers program, Federal flood insurance reform and a home loan guarantee program for residents of small communities.

sara Coffee radil was born and raised in northwest Nebraska’s Sioux County. Her family has ranched in the area since 1873. Although she has lived most of her life in Omaha, she has always been in involved with

the family ranches and the community of Harrison, where she spends at least one week working each month. She has been involved in a wide range of volunteer and charitable work and is concluding her third three-year term on the Nature Conservancy of Nebraska Board of Trustees.

Kurt f. tjaden, a native of Hastings, is the Chair of Koley Jessen’s Tax Practice Group in Omaha and is a senior member of the firm’s Estate and Business Succession Planning Practice Group. He advises clients on tax strategy

for business and personal purposes and on general corporate matters. He has held numerous leadership roles, including the Omaha Estate Planning Council, the Great Plains Federal Tax Institute, the American Red Cross Heartland Chapter and Catholic Charities. Kurt was recognized in Best Lawyers of America (2008-2012) by Woodward/White Inc.

2011 AnnuAl bAnquetmajor sponsorsElkhorn Valley Bank of NorfolkOmaha Office of Westwood Trust

Corporate sponsorsAppeara Bank FirstBradford AgencyChristensen Brozek FaltysConsolidated Companies DayCosDivots Conference CenterFrontier Bank Great Plains Communications Koley Jessen Law FirmMNB Financial GroupMidwest BankMillard ManufacturingNebraska Investment Finance AuthoritySecurity National BankTri-County BankUnion Bank Walter Insurance

“With its extraordinary staff, NCF is like the Internet. It’s all there. You’ve just got to go out and use it.”

Holly Hornung RemundArnold Community Fund

“The Transfer of Wealth study gives us the permission to dream. What would our hometowns look like if we had millions of dollars to invest each and every year?”  

Brandon DayNCF Vice Chair

Norfolk Area Community Foundation Fund 

Page 4: Spring 2012 Connections Newsletter

I On the Leading Edge

valley County Community foundation fund co-sponsored a Business Discovery Day for 58 students who were joined by 20 area business leaders. Students completed a survey to measure their unique qualities and strengths. They competed in teams to develop a business concept, marketing plan and presentation around an unknown object. And they took guided tours of five local businesses. “We seem to have tapped into a real interest that young people have in the economy and in rural entrepreneurship,” said Lu Lansman, Ord Rural Community Development Regional Coordinator. The day concluded with a challenge to get students involved by working with business leaders and becoming active FBLA members.

elwood Community fund, established in September 2011, is eligible for up to $170,000 in matching funds from NCF’s Verner and Mildred Vinzant Donor-Advised Fund. The Vinzants were longtime farmers in the area. The one-to-one matching funds will help the Village of Elwood build a new library, with additional support from the Nebraska Department of Economic Development. Security First Bank and Pinnacle Bank have made major contributions to the campaign. Gifts of grain are helping the Fund meet its match.

future of decatur fund is seeing the fruits of its long labor to build the Sears Center, a multi-use senior and wellness facility in downtown Decatur. The center is named after the late Harold “Doc” Sears, who made a $1 million contribution to get the project off the ground and to establish an endowment to fund future improvements. The Fund Advisory Committee worked tirelessly to write grants and raise local matching contributions. The center serves nutritious meals each weekday. There is a media room with a library and computers, plus access to the Internet and training, a weekly medical clinic, and a health and fitness club that now has nearly 100 members with 24-hour access.

Affiliated Fund Updates

4

nCf Community funds

Kaleigh Koch, Kloreace Pokorny, Skyler Erickson and Elizabeth Einspahr, mentored by Roger Lansman, capture the top Business Discovery Day award for their project, Team Energy Saver 3000.

Jane Farber, Darlene Smith, Leota Busse, Kathy Mussack and Marilyn Andersen use the new fitness facilities at the Sears Center.

mission AccomplishedThe neighboring communities of Arnold and Callaway have met their fundraising challenge grants more than six months ahead of schedule.

The Hunt Family Donor-Advised Fund challenged each of these affiliated funds to build an endowment by raising $75,000 to be matched by a grant of $25,000, with the caveat that both communities must meet their goal in order for either to receive the matching funds. Earnings from the endowments will support leadership, entrepreneurship, youth engagement and philanthropy education.

Arnold Community fund went over the top in November with a silent auction. The event drew more than 250 people and raised over $58,000, which added to contributions from about 40 other area donors. Established in January of 2011, the fund already has raised more than $120,000 towards its five-year goal of raising $1 million with half of the funds permanently endowed. “This shows that people in the Arnold area are willing to invest in the Fund and its impact on our community,” said Chairperson Shane Cool.

Callaway Community foundation fund met its match in January, and according to Chair Ken Pitkin, has no intention of slowing down. “This is just the first phase of our endowment-building effort. Many of our donors have made five-year pledges, and that’s important. Gifts have come from a wide variety of farmers, ranchers and business owners. Thanks to great coverage from our newspaper, former residents from California to Rhode Island have contributed,” Pitkin said. “An endowment enables a community to be proactive to meet the changing needs of the future. “

Pinnacle Bank held a different kind of grand opening ceremony with a ribbon made of $100 bills. The money was given to the Elwood Community Fund/Vinzant Challenge for the Elwood Public Library project.

Page 5: Spring 2012 Connections Newsletter

On the Leading Edge I 5

www.nebcommfound.org

CommunitY And orgAniZAtionAlsuCCess highlights

organizational fundsChase County Hospital Foundation Fund provided support for a new portable ultrasound. The equipment is used for a variety of tests, examinations and emergency room diagnosis. “In addition to the traveling ultrasound service that is here only twice a week, the new ultrasound expands our capabilities and allows us more flexibility in scheduling patients,” said Becky Fisher, director of surgical services. The new ultrasound is only one of many technology upgrades made possible in part through contributions to CCHFF in 2011.

Philanthropy Council of Northeast Nebraska is an organization of 28 nonprofits working to create a culture of giving by sharing resources, knowledge and best practices. In February the Council hosted its first community-wide event called Celebrate Giving, honoring six outstanding area philanthropists and volunteers. It also held a Youth Philanthropy Contest with more than 33 groups and individuals, age kindergarten through 25, submitting entries “to make a difference” in their community. Eight awards of $1,000 each were presented to the winning contestants, who will use the money to implement their projects. Major support for the awards comes from The Connie Fund, a donor-advised fund of the Nebraska Community Foundation.

Box Butte Health Foundation Fund was able to “pay it forward” through a generous gift from an anonymous donor. The money donated to BBHF was used to purchase a new telemetry station for the Cardio-Pulmonary Rehap Department at Box Butte General Hospital. In turn, the hospital donated the equipment it replaced to the Gordon Memorial Hospital, which will allow it to reach higher standards of care for cardio-pulmonary patients. “What I love about this donation is that it shows how one gift to one organization can ultimately help another,” said BBHF director, Brooke Vogel.

sAve the dAtenCf AnnuAl events in KeArneYthursday, november 8, 2012Plan now to join us at the Holiday Inn for a full day of affiliated fund training and our evening Expo and Annual Banquet.

WebinAr trAiningsNCF has an online library of more than 30 recorded webinars with training in fundraising, marketing, governance and grantmaking. All are recorded in their entirety and many are edited into shorter 15-30 minute segments.

You can find them on our website at www.nebcommfound.org/affiliated-funds/services/webinar-trainings.

Viewing a webinar with your fellow FAC members would be a great activity for your next meeting! Try out these “featured” webinars over the next few months:

Aprilbegin with the end in mindMaking Grants that Make Impact

mayrisky businessManaging Risk for your Affiliated Fund

Junemake Your mark!Creating Compelling Marketing Materials

You will need to log in with your username and password. Contact Angie at [email protected] if you have forgotten yours or have never logged in.

find us on fACebooK!Find out what other affiliated funds are doing. Post pictures of your events and grants. Get help, advice and new ideas from your peers and your friends at NCF. Share your thoughts and keep in touch.

facebook.com/nebraskacommunityfoundation

Becky Fisher demonstrates the new ultrasound machine recently put into use thanks to support from donors to the Chase County Hospital Foundation Fund.

One of eight contest winners, Paige Orwig displays her project idea for a support group for young people with diabetes in Norfolk.

BBHF Director Brooke Vogel and BBGH cardio pulmonary rehab coordinator Nancy Leisy show off the new telemetry station made possible by a gift from an anonymous donor.

Page 6: Spring 2012 Connections Newsletter

I On the Leading Edge6

Charitable Giving

From July to January, NCF received 67 gifts of grain and livestock valued at more than $252,000 to benefit NCF and 14 affiliated funds.

Leading the pack is one of NCF’s newest affiliated funds. The byron Community foundation fund was established last July. It already has received 15 gifts of grain worth more than $82,000. With additional cash gifts and pledges, the Fund has raised over $400,000 in less than a year.

Chair Jeremy Heitmann has some ideas about why the gifts of grain have come pouring in. “You can say we had the wind at our backs with the farm economy. People are capable of giving now, much more than in the past. It’s a win-win situation when you make a gift of grain. You don’t have to recognize the income from the sale and you still get to deduct all the production costs for tax purposes. A lot of people were surprised they could do this,” Heitmann said.

He points to another reason for the recent success. “For many years we’ve needed a new community center. It’s important to our town. The question was how we were going to do it,” said Heitmann. “We found out that starting up our own foundation would take more than 18 months.”

People knew they needed to act quickly. So they turned to NCF for help. “There is no way we could have accomplished what we have without the support and expertise of the Nebraska Community Foundation,” Heitmann said.

Since its establishment in October, the bertrand Area Community fund has seen remarkable progress thanks to gifts of grain. The Fund was energized by a challenge grant from NCF’s Verner and Mildred Vinzant Donor-Advised Fund. Now deceased, the Vinzants farmed in the area for many years.

Mike Dannehl, Chair of the Fund, says the community kicked off the effort at a steak dinner event with 80 people attending. NCF staff member Doug Friedli and Seth Gruber, Chair of the Eustis Community Foundation Fund, explained the easy process and the tax advantages of giving gifts of grain.

As of January 31, the Fund had received 10 gifts of grain valued at more than $44,000 and many more gifts of cash.

“Farmers say that right now they are able to make these donations, and they feel benevolent. They realize what’s at stake. So we feel there’s never been a better time to ask for a gift. Many farmers have made three-year pledges. We also need to let people know that they can give gifts of grain all year long. There’s a lot of grain sitting in storage right now,” Dannehl said.

Although current projects include the library and senior center, most donations have been unrestricted. “We plan on making the Fund very visible as we continue. We want to begin encouraging people to include the Fund in their estate plans,” Dannehl said.

“I can’t begin to tell you how valuable NCF has been to us. It’s been awesome. They’re just a phone call away, and that’s a real asset,” said Dannehl. “And the regional meeting in Eustis was a great way to network and learn about what other funds are doing.”

Dannehl said that while the tax benefits are attractive, the real reason people are making gifts of grain is because they want Bertrand to succeed through generous charitable giving.

gifts of grain support Affiliated funds stePs to mAKe A gift of Ag Commodities• Consult with your tax advisor to see if the

gift is appropriate for your situation.• Call NCF first to confirm the details for

delivery or transfer.• Deliver or transfer the unsold commodity

to the elevator or sale barn.• NCF will communicate with the buyer to

direct the proceeds to your affiliated fund.• NCF’s affiliated fund assumes all costs of

storage and marketing.• NCF will issue you a receipt for the gift. For complete details contact les long, (402) 323-7346 or [email protected] complete information visit www.nebcommfound.org/donors/ how-to-give/what-to-give/ gifts-of-grain-and-livestock.

Area ag producers contributed some of their corn crop to the Callaway Community Foundation Fund to help meet the Fund’s $75,000 goal for a matching grant from the Hunt Family Donor-Advised Fund. (L-r) Norman Johnson, Jim Johnson, Doug Dockweiler, and Seven Valleys Grain manager David Pandorf.

(L-r) Marty Petska, Jim Edwards, Chuck Zangger, Jim Novotny and Roger Lansman donated gifts of grain to the Valley County Health System Foundation Fund as a way to make a charitable gift and minimize their tax liability.

Page 7: Spring 2012 Connections Newsletter

7

gifts of grAin And the ford foundAtion ChAllenge

www.nebcommfound.org

On the Leading Edge I

gifts and Pledges 7/1/2008 – 12/31/2011

$250,000 – 350,000Hunt Family Donor-Advised Fund Blair

Sherwood Foundation Omaha

AnonymousUSDA - Rural Development Grant

$100,000 – 249,999Consolidated Companies Lincoln

Kathleen Thuman / Farmers State Bank Lincoln / Maywood

Elaine S. Wolf Albion

First National Bank of Omaha Omaha

Judy and Ron Parks Papillion

Judy Hemberger Estes Park, CO

$50,000 – 99,999Frank and Shirley Sibert Kearney

Brandon and Tammy Day / Daycos Norfolk

Richard and Darlene Walter / Richard Walter Insurance Shickley

W.H. & E.C. Damme Farms Talmage

Bruning State Bank Bruning

Peter Kiewit Foundation Omaha

Richard E.* and Louisa L. Manning Geneva

$25,000 – 49,999Cornerstone Bank York

Mark and Linda Graff / McCook National Bank / MNB Financial Group / Graff Family Inc. McCook

Andy and Geri Anderson McCook

Cooper Foundation Lincoln

Kenner Family Donor-Advised Fund Hebron

Ameritas Charitable Foundation Lincoln

$10,000 – 24,999Robert E. Mundy / Mundy and Associates Omaha

Wayne and Beverly Buller Ericson

Dennis and Nancy Stara Lincoln

Countryside Bank Unadilla

Westwood Trust Omaha

Pete and Jonnie Peterson Ogallala

Diller Telephone Company Diller

Pinnacle Bank Lincoln

Bettenhausen Family Foundation Lincoln

Bob and Michelle Dudley Norfolk

Great Plains Communications Blair

Lockwood Foundation Scottsbluff

Jon and Jennifer Schmaderer / Don Schmaderer / Tri-County Bank Stuart

Judith Brockmeier Eustis

Bob and Jean Stowell dba Springdale Realty Inc. Ord

$5,000 – 9,999Shannon Harner and Philip Goddard Lincoln

Nebraska Investment Finance Authority Lincoln

Judith Scherer Connealy and Matt Connealy Decatur

Diane M. Wilson Lincoln

Jeff Yost and Cindy Ryman Yost Lincoln

Millard Manufacturing Corp. Omaha

Susan M. Ugai Lincoln

Ray and Deb Welsh Pender

Lori J. and Russell Pankonin Imperial

K.C. and Colleen Belitz Columbus

Ronald and Merrill Alfs Shickley

Farmers and Merchants Investment Inc. Lincoln

*Deceased

Contributions to the nCf ford foundation Challenge Campaign

the ford foundation Challenge…met!As of december 31, 2011, individuals, businesses, families and foundations had contributed or pledged $3,109,607 toward the ford foundation Challenge.

We met this important goal thanks to people who believe in our community-building mission. In July 2008 the Ford Foundation issued a $1 million challenge grant to the Nebraska Community Foundation to support our development work and build the NCF endowment. NCF was one of only five organizations nationwide chosen for the challenge. To receive the grant NCF needed to raise $3 million by the end of 2011, all from Nebraska-connected donors.As Richard Walter, Chair of our Campaign Committee, remarked, “This milestone is just the first step. Like the communities we serve, we must keep moving forward to build a much larger multi-million dollar endowment to sustain our work. A robust endowment is the cornerstone of every successful organization – whether it’s a university, a hospital or an extraordinary institution like the Nebraska Community Foundation. That’s why we’re so excited that an anonymous Nebraska donor has issued NCF

another challenge grant over the next three years.”

Contributions to NCF are critical to our mission because administrative fees paid by our affiliated funds cover only a small portion of our expenses for the training, coaching, outreach and support we provide for our 1,800 volunteer affiliated fund leaders.

The Nebraska Community Foundation and its affiliated funds are deeply grateful for the contributions to this campaign, and for all the support we have received over the years from our generous family of donors.

NFC donor Lora Damme of Talmage and Jeff Yost visit during a regional training session in Nebraska City.

“I have always believed that charity begins at home. People in Nebraska are not only generous; they are sensible. They feel strongly about investing their money wisely, in programs and projects that make a long-term difference.

NCF facilitates this charitable process. It teaches communities how to accomplish their goals. And it brings communities together to learn from their peers and to be inspired.”

Lora DammeTalmage

Page 8: Spring 2012 Connections Newsletter

NON-PROFIT ORGUS POSTAGE

PAIDLINCOLN, NE

PERMIT NO. 449PO Box 83107 Lincoln, NE 68501-3107(402) 323-7330 • Fax (402) 323-7349www.nebcommfound.org [email protected]

RETURN SERVICE REQUESTED

Volunteers www.nebcommfound.org

best PrACtiCes

give before You Ask: fAC Planned giving With NCF’s emphasis on future-focused philanthropy, NCF started a new tradition last year with its Community Legacy Award. The award honors affiliated funds in which all Fund Advisory Committee members have arranged an endowed planned gift to their community.

The purpose of the award is to encourage FAC members to give before they ask. This is the case when asking for any gift, but it is especially important when speaking to potential donors about creating a planned gift.

The Norfolk Area Community Foundation Fund received the award at NCF’s annual banquet in November. Each of its 11 Fund Advisory Committee members has made a significant planned gift commitment.

For more information about the Community Legacy Award, contact marcia White, NCF Director of Community Development Philanthropy at (402) 323-7329 or [email protected].

For information about hosting a gathering event on planned giving for your Fund Advisory Committee members contact Jim gustafson, NCF Gift Planning Director at (402) 323-7341 or [email protected].

Norfolk Area Community Foundation Fund Advisory Committee members and spouses: (Front l-r) Tammy Day, Julie Faltys, Julie Robinson, Bev Ferguson, Michelle Dudley, Helen Bradford, Anita Busskohl, Connie Stauffer.

(Back l-r) Jared Faltys, Brandon Day, Arnie Robinson, Joe Ferguson, Bob Dudley, Jerry Huse, Paula Pflueger, Jim Bradford, Jr., Steve Busskohl, Ron Stauffer.

the Community legacy Award is intended to:• Increase engagement of FAC members in

furthering the mission and goals of their affiliated fund by increasing their personal level of commitment

• Build the unrestricted endowment of the affiliated fund and capture a larger portion of the Transfer of Wealth

• Enable FAC members to lead by example and increase their comfort level in asking other community members to make planned gifts

• Recognize full participation, not size of gifts