Enter your email below to receive news from the Foundation for the Future of Delaware County
Thanks to You...
Thanks to You...
The Foundation for the Future of Delaware County (FFDC) was formed in 2005 as an affiliate of the Community Foundation of Greater Dubuque. The founding members of the organization had a vision to ensure that our community's charitable programs were supported now and in the future. We work together with many individuals, families, businesses, and organizations to establish endowment funds that will provide grant awards for years to come.
The mission of the Foundation for the Future of Delaware County (FFDC) is to bridge the county’s needs with responsive giving.
Entrusted with this responsibility, we have a four-part mission to:
Each year the Foundation for the Future of Delaware County accepts applications for grants for community development, community promotions, community education and similar matters. The grant shall be for the benefit of persons residing in Delaware County, Iowa. Entities that have a 501(c)3 designation by the Internal Revenue Service or schools or municipalities are eligible to apply for these funds. To learn more, call Bev Rahe at 563.927.3325. Learn more about this grant.
Iowa Transfer of Wealth
Between the years of 2000-2049, Iowa can expect to see $531.7 billion transfer from one generation to the next through probate estates. In 2010 through 2019 alone, $74.43 billion is expected to pass to heirs.
Delaware County Transfer of Wealth
During years 2010-2019, $ 431 million is expected to transfer from one generation to the next through probate estates. Over the next 50 years, the estimated transfer of $2.9 billion.
|Transfer of Wealth||Delaware County||State of Iowa|
|2010-2019||$ 431 million||$ 74.43 billion|
|2000-2049||$ 2.9 billion||$ 531.7 billion|
If just five percent of the projected transfer could be invested between now and 2050 at the Community Foundation in an endowment, nearly $145 million would be secured forever. Figuring a five percent grant payout, an estimated $7.3 million could be available annually to improve the quality of life in our community and secure our future.
For more information, please contact: FFDC Executive Director Bev Rahe at 563-927-3325 or Dir. of Affiliate Foundations, M.J. Smith at 563-880-9992
When a donor left a large bequest to their church, Jim and Connie Clifton encouraged their congregation to create an endowment fund at the Community Foundation to ensure that the funds would last and be used for the good of others.