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.
Holt County Economic Development, a county-wide affiliated fund, celebrated the success of its HomeTown Competitiveness efforts by hosting a “cream can supper.” The event featured exhibitions from each of the small towns in the county. The group produced a video highlighting its achievements in creating and retaining jobs. Keynote speaker Nebraska Lieutenant Governor Rick Sheehy was so impressed he put his notes aside and spoke extemporaneously to congratulate the crowd of about 140 people for the successes he had witnessed in Holt County.
The Wausa Community Foundation Fund has been able to get a few minutes on stage at the Wausa Pork Chop BBQ. This popular annual event gave FAC members a chance to announce their grants and give an update of the Hunt Challenge. Representatives of the Hunt family attended and presented matching checks. The endowment-building progress is shown on a “thermometer,” and donors are asked to contribute. In 2009, 422 people were in attendance at the event, a very respectable number in a community of 598.
Mitzi created a Charitable Remainder Trust. This tax-exempt trust received ownership of her shares of the bank stock. The shares were then sold, and the proceeds from the sale were reinvested to generate income for Mitzi’s lifetime and allowed her to honor her own and her husband’s wishes to give back to their community after their lifetimes.Read more →