2011-2012 Program Year; by Using the Color-Coded Key, You Will See the Affiliation Connections for the County Community Foundations Involved Foundations in Iowa
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A Catalyst for Philanthropic Partnerships Table of Contents The numbers tell the story. More than 130 community foundations across Iowa are working to Iowa Community Foundations Involved ......................................................3 make our state an even better place to live, work and raise their families. Through endowment History and Purpose ...................................................................................4 building, grantmaking and community leadership, their efforts are making a difference today County Endowment Fund Grants ................................................................5 that will be felt throughout Iowa well into the future. Annually, over 1,500 community foundation Statewide Statistics on the Program ..........................................................6 volunteers and staff commit themselves to this work, strengthening and supporting all facets of community life through philanthropy. Terms to Know ...........................................................................................7 Individual County Summaries .....................................................................8 The County Endowment Fund Program (created by the Iowa Legislature through a percentage Iowa-based Community Foundations That Meet National Standards .........50 of the commercial casinos’ gaming tax revenues) is creating a strong community foundation Casinos’ Nonprofit Organizations .............................................................51 infrastructure in the 85 counties that do not hold a state-issued gaming license. This year alone, the County Endowment Fund Program provided 2,214 grants for a total of more than $7.75 million. Iowa Council of Foundations The Iowa Council of Foundations (ICoF) was originally organized in 1998 as an informal More than 130 community foundations. Over 1,500 volunteers. Over $7.75 million network of grantmakers across the state. Since that time, the organization has distributed through 2,214 grants across 85 counties. engaged in numerous activities that promote philanthropy in Iowa. The mission of the ICoF is to strengthen philanthropy and effective grantmaking, and does so through These numbers are very compelling, but we think they only tell part of the story. In business, education and networking opportunities. For a complete list of members and one of the most important ways to tell the story of your success is through numbers, all leading information on joining, visit www.IowaCouncilofFoundations.org. For more information on the ICoF’s Iowa Community up to the bottom line. Figures play a role in philanthropy also, but instead of dollars, the really Foundations Initiative, visit www.IowaCommunityFoundations.org. important numbers relate to people, places and opportunities. How many lives have been impacted? How many communities have been strengthened for today – and the future? Iowa Gaming Association How has our rural environment been protected? How many pieces of history have been The IGA is an advocate for its members, which are a viable part of the state’s preserved? These are the cornerstone questions that frame what we believe matters most. economy and add value to the entertainment and tourism industry. The IGA’s members are: Ameristar Casino – Council Bluffs; Argosy Casino – Sioux City; Catfish Bend Casino – Burlington; Diamond Jo Casino – Dubuque; When we reflect on the true success of the County Endowment Fund Program, the collective Diamond Jo Worth Casino – Northwood; Grand Falls Casino Resort – Larchwood; effort to be a catalyst for philanthropic partnerships is where we take the most pride. On the Harrah’s Casino Hotel – Council Bluffs; Horseshoe Casino & Bluffs Run Greyhound Park – Council Bluffs; Isle Casino following pages you will find highlights from this past year. In it, you’ll see lots of numbers – Hotel – Bettendorf; Isle Casino Hotel – Waterloo; Lady Luck Casino – Marquette; Mystique – Dubuque; Prairie Meadows numbers that tie back to how these grants have impacted nearly every citizen in several positive – Altoona; Riverside Casino and Golf Resort – Riverside; Rhythm City Casino – Davenport; Lakeside Hotel and Casino – ways. That is Iowa’s true bottom line! Osceola; Wild Rose Casino – Clinton; Wild Rose Casino – Emmetsburg. We hope you enjoy seeing the report’s many meaningful grant projects and will share them with others. We invite you to learn more about your local community foundation and encourage you to become an influence by getting involved where and when you can. For good. For Iowa. Forever. Laura Sauser Wes Ehrecke 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 Iowa Community The map below highlights the Iowa community foundations participating in the County Endowment Fund Program for the 2011-2012 program year; by using the color-coded key, you will see the affiliation connections for the county community Foundations Involved foundations in Iowa. Please note: The map does not show all of the community foundations serving Iowa, but does highlight the 85 counties that are involved in the County Endowment Fund Program. Information regarding Iowa-based community foundations that meet the National Standards for US Community Foundations can be found on page 50. To learn more about all of the Iowa community foundations, please visit www.IowaCommunityFoundations.org. County Endowment Fund Program (HF 2302) 2011-2012 Recipients by Affiliation 3 History & Purpose The County Endowment Fund Program is one of two legislative programs in Iowa that aims to increase philanthropic activity that will enhance the quality of life for Iowans. Below you will find a timeline that highlights and explains various aspects of both legislative programs (County Endowment Fund and Endow Iowa) since together these incentives are helping to build the community foundation infrastructure that will sustain our communities now and well into the future. 2003 2004 2005 2006 2007 2008 April 2003 February 2004 April 2005 May 2006 July 2007 July 2008 The Endow Iowa Program was The County Endowment Fund The Iowa Council of Foundations and An increased allocation to the County The Iowa Council of Foundations The Iowa Council of Foundations originally proposed as part of the Iowa Program was originally proposed the Iowa Department of Economic Endowment Fund Program and the and Iowa Department of Economic and Iowa Department of Economic Values Fund. The goal was to enhance in HF 2302 and provided one half Development awarded $150,000 Endow Iowa tax credits was passed Development awarded $50,000 Development awarded $50,000 in the quality of life for Iowans through of one percent (0.5%) of the state’s in Endow Iowa Matching Grants to: allowing 0.8% of the commercial in Endow Iowa Matching Grants Endow Iowa Matching Grants to: increased philanthropic activity. commercial gaming tax revenue Clay County Community Foundation, gaming tax revenue to be used to to: Hardin County Community Dickinson County Endowment Fund, To achieve this, the Endow Iowa to support the grantmaking and Clayton County Foundation for the support the programs. Endowment Foundation, Kossuth Endow Union County, Ida County Program was created with two prongs: endowment-building efforts of Future,Community Foundation County Community Foundation, and Community Betterment Foundation, (a) the Endow Iowa Tax Credit, and countywide community foundations in of Greater Muscatine, Elma Area July 2006 Story County Community Foundation. and Wright County Charitable (b) the Endow Iowa Matching the 85 counties that do not hold Community Foundation, Greene The Iowa Council of Foundations Foundation. Grant Program. a state issue gaming license. County Community Foundation, and and Iowa Department of Economic August 2007 The tax credit, offered Iowa taxpayers the Foundation for the Enhancement Development awarded $50,000 The County Endowment Fund August 2008 the opportunity to apply for a 20% May 2004 of Mitchell County. in Endow Iowa Matching Grants Program Grant Reports for the 2006 The County Endowment Fund tax credit in addition to the normal Governor Thomas Vilsack signed HF to: Community Foundation of distributions were collected. Program Grant Reports for the 2007 deduction they would receive, for a 2302 into law creating the County November 2005 Louisa County, Madrid Community distributions were collected. charitable gift provided it is made Endowment Fund Program. More than $5.4 million was Endowment Fund, and Community September 2007 to a permanent endowment fund at distributed by the Iowa Department Foundation of Van Buren County. More than $6.6 million were September 2008 a qualified community foundation of Revenue to 85 community distributed by the Iowa Department More than $11.5 million was (an initial limit of $2 million in total foundations and/or affiliate August 2006 of Revenue to 85 community distributed by the Iowa Department credits per year was established). organizations, each receiving The County Endowment Fund foundations and/or affiliate of Revenue to 85 community approximately $63,000. Community Program Grant Reports for the 2005 organizations, each receiving foundations and/or affiliate The matching grant program provided foundations then granted 75 percent distributions were collected. approximately $77,000. organizations, each receiving a limited amount of matching funds of those funds to charitable projects approximately $131,000.