The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 250 communities located in 80 counties. NCF and its affiliated funds have reinvested $269 million in Nebraska since 1994.
All permanently endowed accounts must be invested in one of the endowment investment models managed for NCF by the Omaha office of Westwood Trust. The only exception is for gifts that meet the criteria for “Donor Recommendations Regarding Alternative Investment Managers” set forth in the NCF Investment Policy. Pursuant to the Policy, only gifts to donor-advised funds are eligible for use of an Alternative Investment Manager.
The NCF Investment Policy states the following:
- The recommendation relates to the management of a single gift of $100,000 or more;
- The gift is free from material restrictions;
- The gift is to a donor-advised fund that is permanently endowed;
- All of the requirements of A. above are met;
- The donor has, during his/her lifetime, made his/her gift intentions and recommendation regarding the use of an AIM known to NCF in writing, in a form acceptable to NCF; and
- The AIM has, during the donor’s lifetime, signed the contract or memorandum of understanding described in Article V, Section C of this Policy.
If you are aware of a prospective donor who may wish to make a gift to a donor-advised fund but requests that his or her current investment advisor be retained as investment manager, contact NCF for more information.
In 2005 the Nebraska Community Foundation fueled the imagination of young leaders in Stuart and Atkinson with our new approach to community economic development called HomeTown Competitiveness.
The HomeTown Competitiveness youth task force is spearheading a countywide youth advisory council. And, as a token of its commitment to young people, the county gives each high school graduate a full-sized, personalized mailbox with a reminder that they are always welcome home and an invitation to come back.Read more →