Community Foundation North Lee County
Types of Funds
Community Impact Funds
When you establish a Community Impact Fund, your gift can address a broad range of local needs — including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of this unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.
Donor Advised Funds
Establishing a Donor Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift. You can work with the community foundation’s professional program staff to suggest ongoing uses for the fund — targeting the issues you care about most. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It’s a simple, powerful, and highly personal approach to giving.
Field of Interest
By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life. Arts. AIDS. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area — even as they change over time.
Helping sustain and grow local social-profit organizations Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization — a senior center, museum, or virtually any nonprofit charitable organization. Because it’s given through your community foundation, your gift provides the organization you select not only funding, but planned giving and investment management services and the power of endowment.
Acorn Funds or Seed Funds
Acorn Funds are designed for individual donors who wish to build their endowment over time. The acorn fund is started with a $1,000 minimum amount and must reach $10,000 in 5 years before it has a distribution and matures into a fully funded endowment. It is called an acorn fund because, just like an acorn, oak trees start small and grow with time.
CFNLC recognizes donors who have made arrangements through their estate planning (such as a bequest, a trust, a retirement plan, insurance policy or some other form of deferred gift) that support the Community Foundation. Since estate gifts are often made after the donor’s death, the Legacy Society allows the Community Foundation to recognize those individuals who are planning to make a difference in this community in perpetuity.
Rewarding deserving students In creating a Scholarship, you invest in your community’s future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards Scholarships to deserving students. Your gift can help students — from preschool to postgraduate — achieve their lifetime dreams.
A list of existing funds to which you can donate:
City of Houghton Fund
City of West Point Parks & Rec. Fund
Community Foundation of North Lee County Community Impact Fund
Community Foundation of North Lee County Memorial Fund
Community Service of Fort Madison Fund
Donnellson Vision, Inc. Endowment
Friends of the Community Foundation of North Lee County Endowment
Friends of the Community Foundation of North Lee County Fund
Fort Madison Area Arts Association Endowment
Fort Madison Area United Way Endowment
Fort Madison Community Hospital Foundation
Fort Madison Iowa Rotary Charity Fund
Fort Madison Public Library Foundation Endowment
Fort Madison School District Foundation Endowment
Fort Madison School District Foundation Scholarship
Fort Madison YMCA Endowment
Gethsemane Cemetery Foundation Fund
Holy Family Parish General Endowment
Holy Trinity Catholic Schools Educational Foundation Fund
Holy Trinity Catholic Schools Educational Fund Capital Improvement Endowment
Holy Trinity Catholic Schools Educational Fund Music Endowment
Holy Trinity Catholic Schools Educational Fund Teacher Benefits Endowment
Holy Trinity Catholic Schools Educational Fund Technology Endowment
Holy Trinity Catholic Schools Educational Fund Tuition Assistance Endowment
Hope Haven Endowment
Lee County Charitable Endowment
North Lee County Historical Society Endowment
PAWS – Protectors of Animal Welfare Fund
St. Mary’s Catholic Church Endowment (West Point, IA)
Three Rivers Conservation Foundation Endowment
West Point Public Library Endowment