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Holt County
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.
The late Richard Manning admitted that he liked to kid around. However, the charitable gift that he and his wife, Louisa, have made will have a truly meaningful impact for generations to come.
Richard and Louisa Manning, who are 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, which expired December 31, 2011, allowed those age 70½ and older to transfer funds from an IRA to a charity tax free. The community must raise $100,000 in additional funds over a three-year time frame.
In addition, Mr. and Mrs. Manning contributed $50,000 to the Nebraska Community Foundation’s endowment. This generous gift holds even more value because it will qualify for matching funds from the Ford Foundation Challenge grant.
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