Generations Initiative
Not-for-Profit matching gift opportunity
The Marshall County Community Foundation (MCCF) is pleased to announce a matching gift opportunity that allows existing and new not-for-profit agency endowment fund holders the opportunity to provide substantial benefits for future generations.
New gifts contributed above a $5,000 initial investment to an existing or new MCCF permanent agency endowment fund for the benefit of a 501(c)(3) organization will receive a match of fifty-cents (50₵) from the MCCF not-for-profit Generations Initiative. Up to $20,000 in new gifts above the minimum required per not-for-profit agency endowment fund qualifies for the matching program.
MCCF will provide a maximum of $100,000 of matching funds for the not-for-profit Generations Initiative and will award all matches on a first come, first served basis through June 30, 2010 or until the remaining available funds are expended. Individuals and not-for-profit organizations are strongly encouraged to take advantage of this opportunity to add to existing or create new agency endowment funds through MCCF.
The Generations Initiative applies only to permanent not-for-profit agency endowment funds with MCCF that benefit 501(c)(3) organizations. Non-permanent not-for-profit agency funds may convert to a permanent not-for-profit agency endowment fund and realize the match on all new gifts except for the initial $5,000. Contributions made during one calendar quarter will be matched on the first business day of the next calendar quarter.
Here is just one example of how the Generations Initiative works.
Initial Contribution to agency
permanent endowment fund $5,000 (not matched)
Additional contributions to same agency
endowment fund $20,000 (qualifies for match)
Total of agency endowment fund contributions $25,000
Add Generations Initiative Matching Funds $10,000
New Total of Permanent Agency
Endowment Fund $35,000
For more information contact
Joseph K. Goepfrich, CFRE
Vice President for Development
Marshall County Community Foundation
Phone 574-935-5159
jgoepfrich@marshallcountycf.org
www.marshallcountycf.org.
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