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Andersons’ Endowment Gift Supports McCook’s Youth

Lemoine “Andy” and Geri Anderson

Charitable Gift Annuity, Endowment Building

Andersons’ Endowment Gift Supports McCook’s Youth

Two life-long Nebraskans have made the largest charitable gift to date to the McCook Community Foundation Fund. Lemoine “Andy” and Geri Anderson, who owned and operated Anderson Motors, Inc. in McCook for 42 years, worked with the Nebraska Community Foundation to develop an innovative plan to provide for a gift of $346,431 to the McCook Community Foundation Fund’s endowment.

The initial grant of $13,000 from the endowment account was made in October 2007. Additional grants are made from the endowment each year for strategic projects in the McCook area. “I like the idea that part of our gift to McCook will be used immediately and will keep on giving into the future,” shared Geri.

In particular, the Andersons wanted to give back to the community of McCook. “We feel fortunate to have lived, raised our family and to have worked in a community such as McCook. To us, it is important to give while we are still alive. We want to see the benefits our gift makes to the community,” Andy said.

The first year grant was made to support the HomeTown Competitiveness (HTC) youth strategy in McCook; specifically the 4-H Entrepreneurship Investigation (ESI) program, teacher entrepreneurship curriculum certification and an HTC Youth Task Force project led by McCook’s own young people.

The goal of the HTC youth engagement strategy is to help young people pursue their future in the McCook area by being actively involved with their community and gaining the skills necessary to be successful as entrepreneurs and civic leaders.

The Andersons’ gift provides the resources to mobilize youth entrepreneurship and leadership programs that will help McCook be an attractive choice for more young people now and in the future.

“This is a truly wonderful gift,” said Stan Goodwin, chairman of the McCook Community Foundation Fund. “The McCook Community Foundation will be transformed because of the Andersons’ confidence in our organization, and as a result of their generosity, we will be able to make grants for years and years to come that will fundamentally change the McCook area.”

It is the Andersons’ hope that their gift will inspire others to make gifts to endow the future of the community and the state.

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$2.3M Estate Gift for Entrepreneurship and People Attraction

Rudolph H. Elis

$2.3M Estate Gift for Entrepreneurship and People Attraction

A $2.3 million endowment has been established to support entrepreneurship and people attraction in north-central Nebraska. Rudolph H. Elis created a donor-advised fund in 2006 that was funded by a bequest upon his death.

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Siberts’ Challenge Grant Creates Endowment in Red Cloud

Frank and Shirley Sibert

An attitude of gratitude prompted Frank and Shirley Sibert, former longtime residents of Valentine, in north-central Nebraska, to give a $100,000 gift of appreciated securities to the Red Cloud Community Foundation, an affiliated fund of the Nebraska Community Foundation and their hometown, in South Central Nebraska.

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Boettchers Provide Scholarships for Spencer Students

Bruno and Laverne Boettcher

Bruno and Laverne Boettcher, were a couple so grounded in their hometown of Spencer, in North Central Nebraska, that they simply could not be described apart from it.

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More Donor Stories...

  1. Harold and Marilyn Rink »
  2. Robert Harm »
  3. Lemoine “Andy” and Geri Anderson »
  4. Paul and Karen Seger »
  5. John Daro »
  6. Rolland R. Ramsthel »
  7. Verlene and Gerald Gunderson »
  8. Don and Alice Harpst »
  9. Jim and Ginger Nissen »
  10. Kathryn Wall »
  11. Doris Miller »
Title Description
Charitable Gift Annuity A Charitable Gift Annuity, allows the donor to make a gift and receive fixed income payments for life and/or for the lifetime of a surviving beneficiary. More information.
Charitable Remainder Trusts A Charitable Remainder Trust is a legal instrument into which a donor transfers irrevocably the ownership of assets such as securities or real estate. In return, the donor receives an immediate charitable income tax deduction and the right to receive an income. When the trust ends, the property remaining in the trust passes to the Nebraska Community Foundation to be used according to the donor’s directions. More information.
Donor-Advised Funds A donor-advised fund can be established and funded either currently or with a testamentary gift. The donor or the fund advisors recommend grant disbursements to eligible charitable organizations within Nebraska Community Foundation guidelines. This type of fund also qualifies for the highest charitable income and estate tax deductions allowed by law, while bypassing capital gains tax on gifts of appreciated assets to the fund. More Information.
Endowment Building A Permanent Endowment Fund is held in perpetuity and invested in a manner that protects the principal while the investment income provides ongoing support for donor-designated projects and expenses approved by the Fund Advisory Committee. Many donors choose to give to unrestricted endowments of the affiliated funds they wish to support.
Gift of Ag Commodities Fluctuating prices have created opportunities for making tax-advantaged gifts of grain or livestock.
Gifts of Real Estate A gift of real estate offers several special tax incentives and other benefits. More Information.
Gifts of Securities Tax laws offer a triple tax benefit for gifts of securities (stock, bonds and mutual funds) that have increased in value since purchase or acquisition. Donors can receive several tax benefits: charitable income tax deduction, avoidance of capital gains taxes, and reduction of potential estate taxes. More Information.
Gifts of Tangible Personal Property Tangible personal property is broadly defined in the tax code as any property, other than land or buildings that can be seen or touched. More information.
Scholarships Scholarships, especially non-traditional scholarships, are a technique many donors have used to help strengthen the workforce for their hometown.
Wills and Bequests A bequest, a gift in your will, is an opportunity to make a difference in the quality of life in your hometown and continue the support you have provided during your lifetime. More Information.

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