www.cfgrb.org
Legacy Volume 8 Issue 1
This newsletter is filled with inspirational stories about people in our community who have chosen to give back. I hope that you will take time to read them, and that you will consider leaving a legacy of your own.
W
hen considering our community, I’ve often thought: If it is to be, it is up to us. Each of us enjoys all that our community has to offer – and when you think about it, we are truly blessed. The generations who came before us worked hard to build our community. Everything we know and love about life here has been placed in our hands to pass on to future generations.
on what has been entrusted to us. I chose the Community Foundation to help me plan my personal legacy. As a part of my planning, I provided the Foundation with gifts made during my lifetime and from my estate. They invited me to join the Legacy Society to say “thank you” for what I’ve done. I am happy to be a part of this wonderful group of dedicated and caring individuals.
Consider for a moment the legacy that we will leave for these future generations. Leaving a legacy is about more than just giving money. It is about living a life that is a legacy – bringing everything we have to offer to the causes that matter most to us.
Each story in this magazine tells how individuals have seen a need
If we can, should we not “pay it forward” and ensure that those who follow us enjoy the same wonderful community? We all take part in shaping the future of this community, through our volunteer work and our philanthropy. It is up to each of us to do what we can to pass
852 Middle Rd., Ste. 100 Bettendorf, IA 52722
and brought themselves – and everything they have to offer -- to help find solutions to challenges in our community. They are living their legacy. I invite you to consider that if – in fact – it is to be, maybe, just maybe, it’s up to you, too!
Sandi Foster Miller Sandi Foster Miller
NON-PROFIT ORGANIZATION
PAID
PERMIT NO. 21 ROCK ISLAND, IL
Y
our life will not be measured by the number of possessions you collected, but for the way you lived, for what you cared about and for the people whose lives you touched. The legacy you create today is one that should be carefully preserved. A testimony of your life and of your hard work can be created through a charitable fund at the Community Foundation. Arranging a planned gift with the Foundation will enable you to: support the causes you
hold close to your heart; be assured that your charitable wishes will be fulfilled; and to feel good about and be remembered for your generosity. Those who give to the Foundation through wills, trusts, or other planned gifts, are invited to join the Community Foundation Legacy Society. Membership in the Legacy Society is a way for the Foundation to pay tribute to and express appreciation to individuals and their families who have made gifts to the
Community Foundation. We invite you to consider making a planned gift and joining this extraordinary group of people who care about leaving a legacy to preserve and to protect the future of our community. Become a member of the Legacy Society today by filling out the enclosed invitation form. To speak with one our planned giving specialists or to learn more, call 563-326-2840 or email legacysociety@cfgrb.org. n
Legacy Society members Anonymous (5) Robert E. Arzberger Thomas & Vera* Bates Joyce Bawden Cecilia A. Braam Howard R. & Adele N. Brown Brian C. Burke Jim & Karen Collins Sue Collins Dan & DeAnn Ebener Paul & Beverly Eckert Herbert* & Arlene Elliott Marigene Finch Jane Folwell Raymond P. German Mary Rose Hawkinson
Marjorie H. Holderness* Jim & Carol Horstmann Irma Jepsen Rabbi Henry J. Karp & Cantor Gail P. Karp Dick & Mary Lou Kleine Don Krambeck Richard & Judy Kreiter Marie Kurtz* George & Linda* Kutsinis Clarence J. & M. Louise Math Peter & Christine McLaughlin Steve & Barbara Melbourne Richard B. Miller Sandra Foster Miller Rochelle Murray Mark & Anne Nagan
Walter E. Neiswanger, M.D.* Mr.*& Mrs. Thomas O. Nobis Dennis Norling Gerry & Tana Odean Richard Ripperger & Katherine Weideman Wilbert J. Schaff Alan & Susan Skora Margaret M. Stellon Helen Sudbrook Leigh R. Svacina Family Trust James R. & Diane R. Tiedje Robert* & Catherine Waterman Clem* & Jane Werner Pete Wessels Bob & Luella Wiese Wilma Zabel *Deceased
Partners for Success Attorneys, CPAs, financial planners, brokers, insurance agents and other professional advisors partner with the Community Foundation to enrich the charitable giving strategies of their clients. Because of the input of their advisors, Foundation donors are realizing their goals and creating lasting legacies. To honor and recognize individuals who guide others through the process of considering, planning and making a substantial gift to the Foundation, we created the Advisor Circle. The Advisor Circle is a way for the Community Foundation to pay tribute to those who help fulfill our mission of connecting people who care with causes that matter. We are pleased to partner with this outstanding group of advisors. n
2 | Legacy
Advisor Circle membership is by invitation only and its members are: Ray Allen Jack Dane David Dettmann Dan Ellard Judy Hilgenberg Roger Hill Peter McLaughlin John Nagle Jim Nash
Henry Neuman John Norton John Pederson Leigh Svacina Marie Rolling-Tarbox Scott Voigt Cal Werner Pete Wessels
A Gift that Keeps on Giving Dr. Walter Neiswanger
I
n May 2007, the Quad-City community lost a tremendous friend - Dr. Walt Neiswanger. A charitable man who dedicated most of his adult life to volunteering and working with young people, Walt thanked his parents for instilling in him a passion for helping others. He said, “they taught me very early in life the virtue and joy gained from sharing the fruits of one’s abundance, and offering one’s talents to help the less fortunate.” A native of the Quad Cities, Walt was an advocate of social change and donated his time, talent and financial capabilities to help build a better community. From contributing to the restoration of Christ the King Chapel at St. Ambrose University to funding Gilda’s Club programs, Walt’s generosity has supported many local programs and services. “Some think sharing is a mere act of volition, a choice. But in my mind it is an obligatory imperative and I might go so far as to say, a mandatory act of human behavior,” said Walt.
“Some think sharing as a mere act of volition, a choice. But in my mind it is an obligatory imperative and I might go so far as to say, a mandatory act of human behavior”
In planning his estate, Walt included organizations that he loved and ones that he wanted to support long after his lifetime. Following his instruction, and that of his attorney, David Dettmann, the Community Foundation will make an annual grant to four organizations. By using the Community Foundation as the steward of his philanthropy, Walt was confident that his gift would forever be used to meet priority needs in the community. Making a planned gift is a creative and effective way for caring individuals to support the causes and community they love. An increasing number of local citizens and their
professional advisors are recognizing the importance of including charitable giving in financial planning, estate planning and tax strategies. Walt’s planned gift will allow the Community Foundation to preserve his legacy and to carry out his charitable wishes forever. Let the Community Foundation help you support the causes and community you love now, while creating a lasting legacy for the future. For more information on how to make a planned gift, contact your professional advisor or the Community Foundation by calling 563-326-2840. n
Spring 2008 | 3
Iowa
Jackson Carroll Clinton Cedar
Whiteside
Johnson
Scott Muscatine Rock Island
Washington Louisa
Quad Cities Henry
Mercer
Des Moines
Illinois
Knox
Van Buren Lee
Giving Back
The Community Foundation administers 11 affiliate foundations throughout its 17-county service area. Affiliates look to the Foundation for legal expertise, administrative staff support and investment management and accounting services.
Charitable Gift Annuities
“I have always tried to give back to the community that has been so good to me,” said Don Krambeck. “River Bluff Community Foundation (RBCF) afforded me the opportunity to establish a charitable gift annuity to ultimately benefit local charities.”
Don. “In addition, you receive a charitable tax deduction.”
One of 11 affiliates of the Community Foundation of the Great River Bend, RBCF is working to improve the quality of life of individuals and organizations located in Clinton County, Iowa, and Whiteside County, IL. Through the newly formed community foundation, Don was able to arrange a generous gift to his community while providing himself a new income source for the rest of his life.
“The River Bluff Community Foundation helped Don create a lasting legacy and we can help other citizens and organizations do the same,” said David Helscher, board chair. “His desire to support the less fortunate and his willingness to enhance healthcare services will be accomplished through his gift.”
“Anyone of mature years should consider a charitable gift annuity. The return is higher than many commercial investments,” said
Legacy is a quarterly publication of the Community Foundation. Editor: Ali Rorah. Address correspondence to Community Foundation of the Great River Bend,852 Middle Rd, Ste. 100 Bettendorf, IA 52722; call 563-326-2840; or e-mail alirorah@cfgrb.org. Please visit our Web site at www.cfgrb.org.
The amount of his payments are based upon his age. Younger donors can establish gift annuities and defer the income until retirement, yet enjoy tax savings today.
Don is a retired businessmen and a longtime community leader. He has been a member of many charitable organizations and has volunteered his time and talent to help them succeed.
Board of Directors Richard G. Kleine Chair Diane B. Harris 1st Vice-Chair Michael K. Drymiller 2nd Vice-Chair Pete M. Wessels Secretary Chris Wahlig Treasurer
James D. Horstmann Past Chair Katherine A. Andrios John T. Blong Edward J. Cervantes Dennis A. Norling Frank L. Nowinski Jean H. Steffenson Deann R. Thoms Marie Z. Ziegler
Don is also an experienced national fundraiser and advocate for the Alzheimer’s Association. He was invited to join the Legacy Society because of his planned gift. For more information on how you can receive fixed income payments for the rest of your life, or to learn how to establish a fund in your name, contact Susan Skora by calling 563-326-2840. n
An illustration of
Charitable Gift Annuity Rates
One Life
Age 65 70 75 80 90+
Rate 6.0 6.5 7.1 8.0 11.3
Staff Susan S. Skora President/CEO Barbara J. Melbourne Vice President of Development Kathy Graves Director of Finance Matt Mendenhall Director of Regional Programs Hannah Morrell Director of Business Operations
Two Lives (same age)
Age 65 70 75 80 90+
Rate 5.6 5.9 6.3 6.9 9.3
Ali Rorah Director of Communications Pat Miller Program Associate Marcia Meinert Accounting Associate Amanda Columbus Accounting Associate Willie Breuer Administrative Associate Krista Helling Teens for Tomorrow Student Director