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A Snapshot of the County Endowment Fund Program & Grants Made By

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A Snapshot of the County Endowment Fund Program & Grants Made By A Snapshot of the 2014-2015 Calhoun County Community Foundation County Endowment Buchanan County Community Foundation Fund Program & Grants Made by Casino Nonprofit Organizations Greater Madison County Community Foundation Marion County Community Foundation Foundation for the Future of Delaware County Table of Contents A Catalyst for Philanthropic Partnerships A Celebration of Philanthropic Partnerships Across Iowa ....................................2 Participating Iowa Community Foundations ........................................................3 From county to county across our great state, philanthropy is shaping Iowa in transformational The County Endowment Fund Program ........................................................4 - 5 Statewide Statistics on the Program...................................................................6 and positive ways. Whether it is a new museum, a coordinated trail system or a new shelf of Statewide Statistics / Fun Facts of the Program .................................................7 books at the local library, charitable dollars are meeting the needs of Iowans in very unique Individual County Summaries .....................................................................8 - 50 ways. The philanthropic landscape in our state is enhanced by unique programs endorsed and Iowa-based Community Foundations That Meet National Standards ............... 50 supported by legislators and community leaders. These initiatives make the cultural fabric in Casinos’ Nonprofit Organizations..............................................................51 - 59 Iowa vibrant! Throughout the state, we are celebrating more than ten years of the County Endowment Fund Program. Unique to Iowa, this initiative was created by the Legislature in 2004 and is funded Iowa Council of Foundations The Iowa Council of Foundations (ICoF) was through a percentage of the commercial casinos’ gaming tax revenues. Grants made create originally organized in 1998 as an informal a strong community foundation infrastructure in 84 counties that do not hold a state-issued network of grant-makers across the state. gaming license. Since that time, the organization has engaged in numerous activities that promote In this past decade, over $71 million in grants have been awarded to nonprofit organizations. philanthropy in Iowa. The mission of the ICoF is to strengthen philanthropy and effective In addition, over 1,500 community citizens have come together to volunteer and effectively lead grant-making, doing so through education and networking opportunities. For a complete to make sound decisions about their grants. More remarkable is how this has been a catalyst for list of members and information on joining, visit www.IowaCouncilofFoundations.org. For more information on the ICoF’s Iowa Community Foundations Initiative, visit philanthropic partnerships! Since inception, countless relationships have been formed between www.IowaCommunityFoundations.org. organizations, businesses, individuals and groups for the good of our state. Designed to provide grants for nonprofits and encourage endowment growth for these Iowa Gaming Association 84 counties, to date, the program has helped secure $155 million in endowed assets. These The IGA is an advocate for its member casinos, which are a viable part of the state’s economy endowment funds ensure nonprofits, and counties have a sustainable source of revenue that and add value to the entertainment and tourism helps create positive change in their communities for years to come. industry. The IGA’s members are: Ameristar Casino – Council Bluffs; Catfish In addition, Iowa requires each regulated licensed casino in the state to contribute a portion of its Bend Casino – Burlington; Diamond Jo Casino – Dubuque; Diamond Jo Worth Casino revenues to area nonprofit and charitable projects. As a result, each year casinos provide millions – Northwood; Grand Falls Casino Resort – Larchwood; Hard Rock Casino – Sioux City; of dollars to strengthen and grow nonprofits and rural areas in each corner of our state! Details Harrah’s Casino Hotel – Council Bluffs; Horseshoe Casino & Bluffs Run Greyhound Park of these grant-making activities in the 15 counties with a casino and grants made through the – Council Bluffs; Isle Casino Hotel – Bettendorf; Isle Casino Hotel – Waterloo; Lady Luck Casino – Marquette; Lakeside Hotel and Casino – Osceola; Mystique – Dubuque; Prairie County Endowment Fund program are highlighted in this annual report. Meadows – Altoona; Riverside Casino and Golf Resort – Riverside; Rhythm City Casino – You will see each page is filled with examples of how, through this work, each county is meeting Davenport; Wild Rose Casino – Clinton; Wild Rose Casino – Emmetsburg. the specific needs of its area. You will learn about the grants made through these incredible Iowa Economic Development initiatives and how each county utilizes dollars to make its cities and towns great places to live, Authority (IEDA) work, raise families and retire. Our mission is to strengthen economic and community vitality by building partnerships and leveraging resources to make Iowa the We thank the legislators for their ongoing partnership and support in keeping these programs choice for people and business. Through our two main divisions – business development and the Endow Iowa Tax Credit Program viable and available to these counties and Iowans. and community development – IEDA administers several state and federal programs to meet its goals of assisting individuals, communities and businesses. Supporting philanthropic endeavors around Iowa pays off in a big way for communities around our state. Tax credit programs administered by the Iowa Economic Department Authority (IEDA) help encourage these important philanthropic investments in community funds. IEDA is proud to administer the County Endowment Fund in cooperation with the Iowa Kari McCann Wes Ehrecke Council of Foundations (ICOF). President, Iowa Council of Foundations President & CEO, Iowa Gaming Association *Every effort has been made to ensure accuracy; however, if an error has occurred please accept our apologies. 2 Participating Iowa Community Foundations The map below highlights the Iowa Community Foundations participating serving Iowa, but does highlight the 84 counties that are involved in the in the County Endowment Fund Program for the 2014-2015 program year. County Endowment Fund Program. Information regarding Iowa-based By using the color-coded key, you will see the affiliation connections for community foundations that meet the National Standards for U.S. Community the county community foundations in Iowa. Foundations can be found on page 50. To learn more about all of the Iowa Please note: The map does not show all of the community foundations Community Foundations, please visit www.IowaCommunityFoundations.org. County Endowment Fund Program (HF 2302) 2014-2015 Recipients by Afliation Community Foundation of Cedar County Community Foundation of Community Foundation of Carroll County Community Foundation of Northeast Iowa Siouxland Community Foundation Louisa County Community Foundation of Greater Dubuque Fort Dodge Community Foundation & United Way South Central Iowa Community Foundation Community Foundation of Greater Muscatine Greater Cedar Rapids Community Foundation Greater Poweshiek Community Foundation Community Foundation of the Great River Bend The Community Foundation of Greater Des Moines Counties with gaming licenses (not eligible for the County Endowment Fund Program) Community Foundation of Johnson County Omaha Community Foundation/ Community Foundations of Southwest Iowa 3 The County Endowment Fund Program (HF 2302) The state of Iowa is unique in that it has two legislated programs focused on increasing philanthropic activity to enhance the quality of life for Iowans. Both programs, the Endow Iowa Tax Credit Program and the County Endowment Fund Program, are implemented through local community foundations. Created in 2004, the County Endowment Fund (HF 2302) program is funded by a percentage of the state’s commercial gaming tax revenue. Initially, the amount was one half of one percent (0.5%) of the gaming tax revenue; this was increased to eight-tenths of one percent (0.8%) in 2006. These funds are distributed annually to participating community foundations and affiliate community foundations associated with counties without a state-issued gaming license. (For more information about Endow Iowa and a timeline of key dates in the history of both programs, visit www.iowacommunityfoundations.org.) What Is a Community Foundation? Community foundations are tax-exempt, nonprofit organizations established to An affiliate community foundation is a component of a community foundation that is, meet the current and future needs of local communities. They are trusted and by the most simple definition, a fund or collective of funds that is advised by a group valuable resources for individuals, families, businesses, nonprofit organizations, of leaders in a specific geographic area. For example, there may be eight community and professional advisors working to build local philanthropy, with a focus on leaders in XYZ County who advise grants from a charitable fund and rely on a “host” creating endowments for the long-term benefit of charitable projects and programs. community foundation to be responsible for all of the administrative requirements of Community foundations provide grant support for a broad range of community needs those charitable funds.
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