On Thursday, November 30th board members of Chariton County Community Foundation (亚洲信誉第一网投平台) along with members of Shoes from the Heart delivered “shoe closets” to the four Chariton County elementary schools and its two head starts. Following presentations and discussions with local elementary school and preschool administrators, the Chariton County Community Foundation voted to sponsor shoe closets for the elementary schools and the two head starts in Chariton County who chose to participate.  Shoes From the Heart, a Macon, Missouri, non-profit organization was started in 2012 by Cindy Bonuchi and has expanded yearly since. Currently Shoes From the Heart has at least one shoe closet in every Missouri county and outreaches in twenty-one (21) states. Ms. Bonuchi’s vision was that every child helped realize that others in their community care about their well-being through the gift of new shoes. 亚洲信誉第一网投平台 shares this feeling and hopes by filling this basic need those children receiving new shoes will understand Chariton County cares about them too! A “shoe closet” provides a variety of brand new tennis shoes to at risk children who otherwise might not be able to have proper footwear. The shoes are provided at no cost to children attending the school or preschool having a shoe closet and there are no other qualifications for the shoe recipients. The shoe closets opened in Chariton County will be funded by 亚洲信誉第一网投平台. For more information about this project or if you would like to contribute to the 亚洲信誉第一网投平台 account for this project, feel free to contact any 亚洲信誉第一网投平台 board member, Beverly Vasser, administrative assistant or email at bevcccf2017@outlook.com.   Pictured on November 30 shoe closet delivery day Whitney Tarr, Gina Fowler, Beverly Vasser (亚洲信誉第一网投平台), Ron Bonuchi, Barry Imgarten (亚洲信誉第一网投平台) and Sandra Wales at Salisbury RIV Elementary. Ron Bonuchi, Greg Nolting (亚洲信誉第一网投平台), Gina Fowler, Whitney Tarr, Larry Pollard (亚洲信誉第一网投平台) and Kathy Naylor at Brunswick RII Elementary. Gina Fowler, Whitney Tarr, Greg Nolting (亚洲信誉第一网投平台), Larry Pollard (亚洲信誉第一网投平台), and Ron Bonuchi at Brunswick Head Start. Back Row: Ron Bonuchi, Barry Imgarten (亚洲信誉第一网投平台), Whitney Tarr, Beverly Vasser (亚洲信誉第一网投平台) and Gina Fowler at Salisbury Head Start. Ron Bonuchi, Dan Kruse, Erin Jenkins (亚洲信誉第一网投平台), Gina Fowler, Whitney Tarr and Wes Byrd (亚洲信誉第一网投平台) at Keytesville RIII Elementary. Lindsey Calvert with two Elementary students, Ron Bonuchi, Gina fowler, Whitney Tarr, Larry Pollard (亚洲信誉第一网投平台) and Greg Nolting (亚洲信誉第一网投平台) at Northwestern RI Elementary School.
FUND TYPE
In the spirit of Chariton County's historic commitment to pioneering enterprise and civic involvement, 亚洲信誉第一网投平台 seeks to facilitate investment of private philanthropic resources in projects of lasting importance to people living Chariton County. Below is a list of the types of funds you can take part in.
DONOR ADVISED FUNDS

This popular fund provides the most flexibility in meeting a donor's charitable objectives. The donor may make grant recommendations from the fund’s investment income, appreciation, and/or corpus. Grant recommendations may be made on behalf of any nonprofit organization (with 501(c)(3) status) located anywhere in the United States. As with all charitable funds at 亚洲信誉第一网投平台, neither the donors nor their advisors may benefit personally from grants disbursed from a Donor Advised Fund.

The donor may name advisors, including the donor’s children, to the fund account. Advisors may continue to guide the fund account after the donor's lifetime. A donor may also specify how the account will be handled after his or her death, in three ways:

               
  •    Designating the charities to receive support
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  •    Incorporating the account into a Field of Interest Fund
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  •    Transferring the balance to the Community Investment Fund.
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Once the fund account is established, additional contributions may be made in a variety of ways, i.e. cash, marketable securities, distributions from IRAs and 401K plans, or bequests.

FIELD OF INTEREST FUNDS

Donors may select an area or category for giving from this fund – education, health and human services, arts, civic affairs or the environment, for example. A donor’s contributions are forever restricted to the selected field. During the donor’s lifetime, the foundation staff will consult with the donor about appropriate grant opportunities. The donor's account monies may be pooled with other like-minded gifts so that larger grants may be made.

Request a "Field of Interest Fund Agreement" form or more information from 亚洲信誉第一网投平台.

DESIGNATED FUNDS FOR INDIVIDUALS

More focused than the Donor Advised Fund, a donor names the current and future charitable recipients at the time the fund account is created. The donor may decide the size of future grants, establishing a fixed percentage or dollar total to be awarded from available monies.

Grants may be distributed from investment income and/or the corpus of the fund. During a donor’s lifetime, a donor may change the charitable recipients designated by the fund account or make changes that would apply after death. If, after the donor's death, a designated charity ceases to exist, the Foundation will identify the closest alternative to carry out the donor's intentions.

You can request more information from 亚洲信誉第一网投平台.

SCHOLARSHIP FUNDS

A donor may set up a scholarship fund in the donor’s name or the name of a loved one so that deserving young people are provided the opportunity to receive an education. Flexibility is important in meeting the greatest need, but donors may specify particular schools, a particular field of study or other parameters. Scholarships can be for any level of education.

No form required. Call or e-mail 亚洲信誉第一网投平台 for more information.

SUPPORT ORGANIZATION FUNDS

A supporting organization is a separate legal entity affiliated with 亚洲信誉第一网投平台 by its purposes and operations. It may have its own letterhead, checkbook and investment manager. It may even publish its own annual report.

For an individual donor, a supporting organization is an excellent way to gain the participation and visibility traditionally associated with a private foundation without IRS regulations and restrictions. For private foundations concerned about continuity or maintaining their impact, converting to a supporting organization will ensure that time and overhead do not erode the foundation’s mission.

Board makeup

To qualify as a supporting organization under Section 509(a)(3) of the Internal Revenue Code, a majority of the supporting organization’s board members must be selected by the 亚洲信誉第一网投平台 Board. (Thus, if the three existing trustees of a private foundation wished to serve as board members of the supporting organization, the 亚洲信誉第一网投平台 Board would select four additional members.) Creators of a supporting organization may submit eligible persons for review and approval by the 亚洲信誉第一网投平台 board of directors.

Minimum gift size

Because a separate investment portfolio may be maintained for a supporting organization, an initial gift of $1 million is required, with the goal of reaching $5 million in three to five years.

Supporting Organization Advantages

Donor recognition: A supporting organization provides the same visibility as a private foundation. Donor members of the board may serve as officers and, as such, can sign the grant checks and the grant award letters.

Tax benefits: Supporting organization donors generally receive more generous tax deductions than creators of private foundations. If appreciated securities, including closely held stock, are used to make a gift, the donor’s deduction can be up to 30% of the donor’s adjusted gross income (AGI) and 50% of AGI if the gift is cash.

Investment management: The supporting organization may maintain a separate investment portfolio, with the board selecting its own professional investment manager. The supporting organization is required to establish an investment policy using the Community Foundation’s investment policy as a guideline. The investment management fee depends greatly upon the market value of the supporting organization’s assets.

Lower operating expenses: The operating costs of a supporting organization are generally lower than for comparable private foundations. While both organizations must file an IRS Form 990, a supporting organization does not pay the excise tax on investment income and realized gains that private foundations must pay. The 亚洲信誉第一网投平台 annual administrative fee is 1% of the first $1 million in assets, .75% for the next $1.5 million, .50% for the next $1.5 million and .40% for assets over $5 million.

Donor involvement: With a supporting organization, donors can be as involved as they wish in reviewing grant proposals and recommending grants. 亚洲信誉第一网投平台 staff members are available to assist donors in identifying worthwhile programs, evaluating the financial capabilities of applicants and their need for additional funds, assessing program quality and monitoring grants from a supporting organization to ensure the money is used as intended by the donor.

Accountability: The financial records of supporting organizations are included in the 亚洲信誉第一网投平台 annual audit. 亚洲信誉第一网投平台 staff fulfills all state and federal reporting requirements.

               
  • Services for Supporting Organizations
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  • Articles of incorporation and bylaws used to establish a supporting organization
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  • Basic supplies, telephone, mail service, office equipment. Meeting space. Staff for board meetings; including minutes and follow-up. Documents, customized stationery and envelopes. Newsletters, brochures and reports.
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  • Filings with the State and IRS
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  • D&O liability insurance
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  • Mailing lists and other computerized records
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  • Reviewing grant proposals and making recommendations to the Board
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No form required. Call or e-mail 亚洲信誉第一网投平台 for more information.

COMMUNITY INVESTMENT FUNDS

This all-purpose fund offers the greatest flexibility in dealing with Chariton County’s most pressing needs as conditions change over time. Donors to this fund believe that the Community Foundation staff knows our community and can best determine how to improve Chariton County's quality of life.

A contribution to the Community Investment Fund also reflects the donor's faith in the community foundation’s stewardship and public accountability. The donor believes in the foundation’s structure – that its diverse board of community leaders will ensure the donor’s money is spent wisely and compassionately.

No form required. Call or e-mail 亚洲信誉第一网投平台 for more information.  Or, you can use our convenient online information request form to to request more information from 亚洲信誉第一网投平台.

DESIGNATE NPO FUNDS

亚洲信誉第一网投平台 has helped organizations develop or better manage a permanent endowment. One of the more significant activities of the Foundation is asset management. By establishing a Designated Fund, nonprofit organizations, federations and/or associations can access the Community Foundation’s diversified portfolio managers on a cost-effective basis. A Designated Fund also protects those assets from an adverse creditor judgment against the organization. An equally important aspect of a Designated Fund is that it relieves the board of the organization, which may not have members with financial management experience, of the financial management of assets. All organizations with Designated Funds will be linked to this website.

START MY OWN FUND

Decide how you would like to make the contribution to establish the fund.  You can contribute cash, securities or other property valued at $5,000 or more.

Select a name for your fund. You might want to use your own name, the name of a family member or one that focuses on the fund's intent.

Designate successor advisors, such as your children, who can make grants from the fund after the death of the donors.

Complete and sign a simple affiliation document.

Receive a tax deduction at the time the fund is established and when additional contributions are made to the fund.

Once your fund is established, you may:

               
  • Add to the fund at any time in any dollar amount. See Ways to Give.
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  • Specify how grant disbursements are to be acknowledged – whether in the name of the fund or anonymously.
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WHAT ARE THE BENEFITS OF STARTING A FUND THROUGH 亚洲信誉第一网投平台?

Whether your giving capabilities are modest or monumental, a community foundation can customize a personal fund account of lasting value and impact. Grants made from each component fund are given in the fund’s name to nonprofit organizations located anywhere in the U.S.

Like its national counterparts, the Chariton County Community Foundation is a fully tax-exempt public charity formed to serve a wide range of donors concerned about quality-of-life issues, locally and throughout the country.

亚洲信誉第一网投平台 is governed by a cross section of Chariton County leaders, and our funds are currently invested with a diverse group of money managers. An annual fee of 1.5% is charged quarterly against each fund’s asset balance. Investment management fees are presently 1.5% annually.

Donors receive a quarterly statement reflecting that quarter’s beginning balance, investment income, appreciation (or depreciation as the market dictates), contributions, grants and closing balance.

HOW DOES THE GRANT PROCESS WORK? WHO BENEFITS?

Schools, churches, hospitals, museums, orchestras, operas, theaters and parks are some of the beneficiaries of donor-advised grants. Grants are processed monthly on the basis of donor recommendations. After establishing a fund account, a donor uses a one-page form to recommend each grant award. Grants are restricted in only two ways: the recipient must be a nonprofit organization and the donor may not benefit from the funds awarded.

WHAT ARE THE ADVANTAGES OF 亚洲信誉第一网投平台?

Tax Benefits -- Gifts and bequests made to 亚洲信誉第一网投平台 result in a charitable tax deduction of up to 50% of adjusted gross income for cash gifts and up to 30% for property gifts, compared to tax deductions of only 30% and 20%, respectively, with private foundations.

Simplicity -- A gift creates a "charitable savings account" and the investment income from the account can be used to make grants to other nonprofit organizations.

Efficiency -- Unlike a private foundation, there are no start-up costs, annual IRS filings or excise taxes. Plus, 亚洲信誉第一网投平台 fulfills the associated fiduciary responsibilities for the donor.

Permanence and Continuity -- Since they can name advisors to their fund, donors can involve family members in philanthropy, thereby passing the "philanthropic gene."

Flexibility -- The Community Foundation is cognizant of changing conditions within the nonprofit sector in the Chariton County community and can be consulted in directing grants to qualified organizations that best meet the donor’s goals.

Recognition -- Each grant transmittal letter credits the donor’s fund account as the source of the grant. In cases where the donor wishes to remain anonymous, the Chariton County Community Foundation will honor the donor’s wishes.

WAYS TO GIVE

Tax deductible gifts to create or add to a fund at 亚洲信誉第一网投平台 may be made in many forms:

               
  • Cash -- The donor receives a full tax deduction for each gift to establish or add to a fund in the year it is made. Philanthropic decisions can be made at the donor’s discretion, using a simple grant recommendation form, which is presented to the 亚洲信誉第一网投平台 Board of Directors for review.
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  • Marketable Securities -- Funds are often created or increased with appreciated securities – stocks or bonds that are now worth more than when they were acquired. Payment of capital gains tax is avoided, and the donor receives the maximum allowable tax deduction for the full market value of securities when the contribution is made.
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  • Charitable Bequests -- Any portion of an estate’s assets may be designated for the creation or enhancement of a fund at the Chariton County Community Foundation. The fund continues doing good work in the donor’s name through a permanent legacy of philanthropy – carefully managed and handled by 亚洲信誉第一网投平台 according to the donor’s directions.
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  • Life Insurance -- 亚洲信誉第一网投平台 can be named as the beneficiary of life insurance policies, and the donor receives an immediate tax deduction, usually in an amount equal to the cash surrender value. Community needs will be met in the donor’s name and within the fund’s parameters as established by the donor.
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  • Other Assets -- Almost any asset can be contributed to create a fund. Community foundations have been successful in creating funds with assets such as:
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  • Restricted securities (144 or 145 stock)
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  • Non-publicly traded securities
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  • Real estate
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  • Interests in family limited partnerships
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  • Charitable remainder trusts (annuity or unitrust)
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  • Charitable lead trusts
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  • Conversion of a private foundation
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  • Distribution of a private foundation’s 5% giving requirement to a 亚洲信誉第一网投平台 fund
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  • Designating 亚洲信誉第一网投平台 as beneficiary of an IRA and/or 401K plan
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CURRENT FUNDS
- General Fund -
- Permanent Endowment Fund -
- Salisbury Golf Association Fund -
- Jeremy Reed Fund -
- Brunswick School Fund -
- Northwestern School Fund -
- Salisbury School Fund -
- William Hollis Memorial Golf Fund -
- Coach "E" Fund -
- Brunswick Youth Revitalization Initiative -
- Chariton County Child Welfare -
- Brunswick Library -
- Hammack Trust Fund -
- Brunswick Revitalization -
- Brunswick Clinic -
- Salisbury Golf Preservation -
- Johnson Scholarship -
- Jones Scholarship -
- Community Art Players (CAPS) -
- Pearson Scholarship -
- Bartholomew -
- Jr. Special -
- Dr. Sally Hubbard -
- Ratliff -
- Ratliff Van Guard -
- Music -
- Economic Development -
- Breshears -
- Keytesville Swim Club -
STRUCTURE

What is a community foundation?

A community foundation is a collection of funds established by individuals, families, corporations and nonprofit agencies to enhance the quality of life in a local area. These funds are pooled and, with professional money management, invested by a board of directors comprised of community leaders. Funds may be distributed as grants by the community foundation, on the recommendation of donors and subject to the approval of the board.

Like its national counterparts, the Chariton County Community Foundation is a fully tax-exempt public charity formed to serve a wide range of donors concerned about quality-of-life issues, locally and throughout the country.

How does a community foundation work?

A community foundation such as 亚洲信誉第一网投平台 can customize a fund account of lasting value and impact to meet specific philanthropic objectives. Grants made from a donor’s fund are given in the donor’s name to agencies selected by the donor. Any charitable cause, anywhere in the United States, can be a grant recipient from a donor fund, which serves as a charitable savings account.

Why should I use a community foundation for my charitable giving?

             
  •    Your giving is personalized. Your fund may be established in your name or a loved one’s name.
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  •    We help you create a family legacy. You pass along your "philanthropic gene" to the next generation.
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  •    A community foundation offers the greatest tax advantage.
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  •    We accept a wide variety of assets.
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  •    Your gifts are in the hands of careful investors and prudent stewards of your philanthropy.
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What is 亚洲信誉第一网投平台?

The Chariton County Community Foundation, established in 1998, is a fully tax-exempt public charity under sections 501(c)(3) and 170(b)(a)(A)(vi) of the Internal Revenue Code. Our charitable services are available to anyone interested in personal giving for public good. The Community Foundation is designed to make giving easy for individual or family donors and their financial advisors with the best combination of tax savings and philanthropic choices for donors. We also support nonprofit agencies with the growth and management of endowment funds and, through our Center for Community Initiatives, assist emerging nonprofit and sponsor collaborative programs that make Chariton County a better place to live.

When did 亚洲信誉第一网投平台 begin and what is your current financial status?

Staffed for operation in 2000, 亚洲信誉第一网投平台 ended 2001 with over $110,000 in assets in the various funds.  During 2001 more than $15,000 in grants were made to a variety of individuals and organizations.

             
  •    Your giving is personalized. Your fund may be established in your name or a loved one’s name.
  •          
  •    We help you create a family legacy. You pass along your "philanthropic gene" to the next generation.
  •          
  •    A community foundation offers the greatest tax advantage.
  •          
  •    We accept a wide variety of assets.
  •          
  •    Your gifts are in the hands of careful investors and prudent stewards of your philanthropy.
  •          
ABOUT
About 亚洲信誉第一网投平台...
The Chariton County Community Foundation, established in 1998, is a fully tax-exempt public charity under sections 501(c)(3) and 170(b)(a)(A)(vi) of the Internal Revenue Code. Our charitable services are available to anyone interested in personal giving for public good. The Community Foundation is designed to make giving easy for individual or family donors and their financial advisors with the best combination of tax savings and philanthropic choices for donors. We also support nonprofit agencies with the growth and management of endowment funds and, through our Center for Community Initiatives, assist emerging nonprofits and sponsor collaborative programs that make Chariton County a better place to live.
- Our Board of Directors -
President:  Dale Linneman, Keytesville, MO
Administrative. Assist.:  Beverly Vasser,  Salisbury, MO
Vice-President:  Larry Pollard,  Mendon, MO
Secretary:   Erin Jenkins,  Dewitt, MO
Treasurer:  Barry Imgarten, Salisbury, MO
Member:   Harry Holderieath, Mendon, MO  
Member:   Bill Jackson,  Brunswick, MO    
Member:  Wesley Byrd,  Keytesville. MO  
Member: Nathan Asbury,  Keytesville, MO
Member: Greg Nolting, Brunswick, MO
History of the Chariton County Community Foundation
The Chariton County Community Foundation (亚洲信誉第一网投平台) was a 1990’soutgrowth of activities in the county, seeking opportunities for community and economic development, education and social improvements.  A Chariton County Economic Development Board was created in 1993.  That board received a Missouri Economic Development Grant to fund a two year Community and Economic Development position. Part of that time (1994 – 1995) Larry Pollard held that position.  

He attended a community foundation development workshop and presented the idea to the Economic Development Board.  The board encouraged the effort and decided to proceed.  Other volunteers were enlisted and the Chariton County Foundation Board (亚洲信誉第一网投平台) was created. 

A certificate of Incorporation from the MO Secretary of State was obtained in July 1998.  A set of by-laws were created and signed on September 15, 1998 by Elmer Arnsperger, Fred Carpenter, James Daniels and Robert Wheeler.  The Federal IRS 501 (C)(3) application was submitted and the certification letter received in fall of 1998. 

Our Foundation’s vision is to be a major philanthropic organization acting as an engine promoting quality of life in Chariton County, Missouri.  Seven major fields of interest were designated:  community and economic development, cultural enrichment, education, health, historic and heritage preservation, natural resources, and social services. 

Currently 亚洲信誉第一网投平台 has forty (40) funds with assets of approximately 1.5 million dollars.  Most are designated funds, dedicated to the interest areas initially designated.
CONNECT
ADDRESS:
201B South Cherry Street
Keytesville, MO 65261
Phone:  660-288-2223

bevcccf2017@outlook.com
Office Hours:
Wednesday & Thursday
9 AM  to  12 PM
12:30 PM   to   4:30 PM