Planning for Forever
To Jim and Jean Gantz, Dubuque is more than a home. It is a community that has supported them from birth through their respective careers — Jean as a special education teacher and Jim as the third-generation owner of a family beverage-distribution business.
Today, both retired, they are giving back to the community that has given them so much. Working with the Community Foundation, they have arranged for their assets to benefit the people of Dubuque for generations to come.
“I’m a firm believer in giving back,” says Jim Gantz, who serves on the Foundation’s Board of Directors. “We wanted to work with the Community Foundation, because it is best suited to understand the needs of the community. That’s what sets it apart from other charities.”
That understanding of local needs is why the Gantzes decided to make a legacy gift to the Community Foundation’s Greater Dubuque Forever Fund, an endowment through which generous individuals can help respond to the unexpected, from emerging needs to new opportunities that strengthen the region.
“I love endowments,” says Jim Gantz. “Because they pay out annual distributions to important causes, they are a way to leverage what you have to do more for the community.”
The Forever Fund isn’t the only beneficiary of the Gantzes’ generosity. Taking advantage of the Community Foundation’s estate planning services, they developed a creative roadmap for how their charitable giving can make the greatest impact possible while meeting the couple’s personal philanthropic goals. The creative options afforded to them include complex gifts during their lifetime and far into the future.
Through the estate planning process, the Gantzes determined how their assets will provide additional support for causes close to their hearts, including services for people with special needs and arts and cultural attractions.
The couple’s estate plan also will support initiatives that promote active, healthy lifestyles, reflecting a personal passion for outdoor recreation that runs deep in their family history.
“Health and fitness are so important,” says Jean Gantz. “We are always doing something, whether it be biking, cross-country skiing or just walking. Even my father was kayaking until he was 80 years old.”
The Gantzes learned more than fitness from their parents. They also learned the importance of giving. Today, they are passing that value on to their children, who have become charitable givers themselves.
“Our time and resources are precious,” says Jim Gantz. “It’s important to devote them to our passions.”
Are you interested in planning your estate? Contact Faye Finnegan, director of donor relations, at firstname.lastname@example.org or 563.588.2700.