The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 255 communities located in 78 counties. NCF and its affiliated funds have reinvested $243.2 million in Nebraska since 1994.
Whether you think of yourself as rich or poor or somewhere in between, your gift to your community will make a lasting impression. The “Good Life” we cherish in Nebraska is worth preserving and passing on to the next generation.
Here in Nebraska we are proud of our hometowns. Your planned gift continues that tradition of investing in the future. You can provide for both your family and your community. There are also gifts that have immediate tax benefits and ensure that you or a loved one receives income payments for life, with the promise of a future charitable gift.
The Nebraska Community Foundation helps people plan charitable gifts to their hometowns and favorite organizations. Together we are “endowing” the future. An endowment is a permanent charitable fund whose assets are invested to generate an ongoing source of income year after year. That means your gift, and your legacy, will last for generations.
The late Richard Manning admitted that he liked to kid around. However, the charitable gift that he and his wife, Louisa, made will have a truly meaningful impact for generations to come.
Richard and Louisa Manning, both 1944 graduates of Exeter High School, used a charitable IRA distribution to make a $50,000 challenge grant to the Exeter Community Foundation Fund to establish an unrestricted endowment. The Charitable IRA Rollover law allows those age 70½ and older to transfer funds from an IRA to a charity tax free. Their hometown community successfully raised over $100,000 in additional funds in just two years, creating a $150,000 permanent endowment.
In addition, Mr. and Mrs. Manning contributed $50,000 to the Nebraska Community Foundation’s endowment.Read more →