The Newman Grove Community Foundation Fund (NGCFF) provides funding for a variety of projects in and around the Newman Grove community.
We encourage individuals as well as businesses to become members and join their friends and neighbors in providing for a better community.
The Fund has a general account for short-term project funding. We also are building an endowment which will provide a permanent revenue stream for community improvement. A percentage of the endowment’s earnings can be used each year for community projects while a percentage of the earnings are reinvested back into the endowment so it can continue to grow.
The earnings from the endowment and the general fund are put back into the community in the form of grants scholarships and support for special programs.
An account used by the local Fund Advisory Committee to support and maintain the affiliated fund’s activities within the community.
A permanent account whose assets are invested to generate an ongoing source of income year after year. Investment earnings from the endowment are used to support community improvements and programs. The Fund Advisory Committee determines how the money generated from the endowment will be used to benefit the community now and in the future.
- Opened: May 2005
- Related Towns: Newman Grove
- Related Counties: Madison, Platte
- Name: Jeff Gerhart
- Phone: (402) 447-6211