Together We Are Building a Bridge to the Future
This story is part of the Community Foundation of Greater Dubuque 2019 annual report.
How do you harness people’s passion for their community and transform it into lasting impact?
That is a question we strive to answer every day. We have a front-row view of Dubuque at its best, witnessing how people come together to care for their neighbors and build a strong community. This spirit inspires our work — and it is why we established the Greater Dubuque Forever Fund.
The Forever Fund enables us to address critical issues we can’t yet anticipate. By keeping our finger on the pulse of the community, we can understand its needs as they arise, work with regional partners to develop solutions, and allocate dollars to make an impact.
When many generous people give to the Forever Fund, their resources are pooled together to maximize their impact. And as an endowment, the fund grows in perpetuity, paying out a percentage of interest annually that provides resources for emerging needs today, tomorrow and forever.
While we can’t predict the future, the Forever Fund helps us prepare for whatever comes our way.
Make your gift at dbqfoundation.org/forever.
Leaving a Legacy Through Giving
By Roger Kurt
Dubuque-Based Estate Planning Attorney
In my work, I meet with people at different stages of their lives as they plan their legacies. They want to ensure that when they are gone, the assets they leave can support their loved ones.
Many also want to leave their community a better place. They are aware of the issues Dubuque residents face, but they often have limited knowledge of charitable organizations their estate can support besides their church or other groups they are involved with.
The Community Foundation of Greater Dubuque is a great option for giving, I tell them, because it addresses a broad range of needs in a holistic and strategic way.
Making a gift directly to a specific charity, while generous, is a one-time transaction. A gift to an endowed fund at the Community Foundation, though, has long-term benefits. That gift is pooled with many others that will grow forever and pay out each year to help nonprofits address local needs.
A large estate isn’t necessary to make a big impact. Clients of modest means have many options for giving, such as a charitable rollover contribution from their individual retirement account. Because this type of gift is not considered income, it has enormous tax advantages. Plus, it makes a significant impact.
It all starts with a call to the Community Foundation. The staff is knowledgeable and passionate, and they can help anyone leave a legacy of generosity.
To plan your legacy, contact Faye Finnegan, director of donor relations, at firstname.lastname@example.org or 563-588-2700.
View the full 2019 annual report.