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.
The next generation of leadership of the Shickley Community Foundation Fund didn’t happen by accident. A term-limit provision in its articles of operation forced the chairman of the 12-member Fund Advisory Committee (FAC) to step down after nine years of hard work and successful leadership in this small town of 376.
Two years prior to this transition, the chairman proactively identified and started to mentor a new incoming chair of the FAC. Having this succession plan made the transition of leadership easy for Shickley’s fund. While the new chairman does a few things differently, it is clear the passion and commitment to the mission continues on today and the organization is even stronger because of the change.
The Shickley Community Foundation Fund has also developed a strong committee structure that allows Fund Advisory Committee members to focus on specific tasks that they are personally passionate about and have skills to accomplish.
Each FAC member is assigned to lead a committee that meets and accomplishes work between foundation meetings. When a committee needs more assistance, FAC members bring in additional community members and volunteers to complete the task, which helps develop new leaders.
Improved governance and organizational planning is a strategy that is being adopted by an increasing number of NCF affiliated funds with great success. The structure provides accountability, leadership development and creates a focus on action.
Richard and Darlene Walter utilized a withdrawal from their IRA and the ownership of a life insurance policy to make a generous charitable gift to the Shickley Community Foundation.
“The use of a life insurance policy allows Richard and me to make a much larger future gift to our hometown,” said Darlene Walter.Read more →