Susan Michael encouraged Iola Rotarians to become participants in the Allen County Community Foundation, where, she said, “Giving makes a difference.”
Michael, executive director of the foundation, said it continues the work of the Allen County Health Care Foundation and provides a broader scope of interests throughout the community. It means to provide financial assistance for economic development, education, community betterment, the arts and culture and human services.
The foundation was started in 2012.
Anyone may give, she stressed.
“Donors in a community foundation range from people of relatively modest means to those with large financial resources,” Michael said.
A common denominator of donors is a strong sense of community and personal commitment to make a contribution to the communities in which they live, she said.
“Some donors want to support worthwhile causes in their communities, and the community foundation can help them find the best way to direct their funds,” Michael observed. “Others appreciate the speed, flexibility and ease of using the community foundation. Because the legal apparatus is already in place, existing forms are available so a fund can be established quickly and easily.”
The foundation’s approach to planned giving offers benefits to donors.
“Because we manage a number of discretionary funds, administrative costs and custodial fees for any one fund are minimal, meaning less overhead costs to the donor’s fund,” Michael said. “Another important advantage is the federal tax code provides significant incentives for contributions to the foundation.”
For more information contact Michael by phone at 620-380-6154 or 620-228-4521, by email at givingmakesadifference@gmail.com.
Foundation easy way to help
