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It's Who We Are and What We Do

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Its who we are and what we do. www.cfcmfoundation.

org

Community-based leadership
From world of congregational leadership
Built community Sent helpers into the Community

Similar work, different canvas


Understanding of volunteers Work with many opinions

What we do
We seek to match donors to causes that they

care about most


Working

Together. Improving Lives.

With whom do we work?


Having a broad mission, CFCM works with individuals, groups, businesses.

Whats our daily objective?


To increase social awareness of the need for, and

virtues of, philanthropy (charitable giving) To broaden the tent of those who can make a significant, charitable difference To simplify philanthropy and reduce its costs To focus on community needs/wants/dreams To discern charitable hearts

What makes a community foundation click?


A grant-making Foundation e.g. give grants to support charitable activities/services A broadly-defined mission (e.g. to improve quality of life in our community/ies) Serving geographically defined communities a city, county, or region An opportunity for a broad range of

The combination of all these basic characteristics is what makes a true community

foundation.

private as well as public donors and seekers of philanthropic contributions primarily from inside the community A multi-sector local Board reflecting the community A platform for building capital, which is an important element of sustainability

Another way to show what we do:

How we differ from other community philanthropic organizations


We are not one main Fund,

but a collection of local Funds created by donors. We can work with individuals, groups, businesses, institutions. We easily create and manage a variety of Funds. We have a diverse, community-based Board. We ensure donor intent donor can change granting choices.

We have the broadest

community mission and granting possibilities. We can develop Affiliate foundation partners most anywhere. We can share our 501c3 designation, and many of our attributes, with other groups, individuals, foundations or funds. We can help strengthen existing nonprofit organizations.

Main Fund TypesDonor-Centric


Donor Advised Fundthe donor periodically recommends

how to use proceeds from a gift (Fund); an excellent, low-cost alternative to a private foundation. Field of Interest Fundthe donor instructs grants to be given towards a particular program area, such as education, health, etc., rather than restricting money to one organization. Designated Fundthe donor instructs that grant dollars to go to one (or more) specific charity, usually in perpetuity. Scholarship Fund--the donor invests in the future by helping deserving students (pre-school to grad school); donors can specify eligibility requirements. Unrestricted Fundperhaps the most vital, yet overlooked charitable opportunity, the donor releases charitable energy for the broadest array of both timely and timeless needs.

Present Fund Examples


Ben Loeb Foundationa family foundation
Fair Enough Funda donor advised fund Boonville Legacy Funda field of interest fund

And 22 moreall different, all valuable to the local

community and beyond

How Funds Get Started


1. 2. 3. 4. 5. 6.

7.
8.

Contact with individual or group Choose name for Fund Define interest of Fund Review Procedures and Bylaws Make investment choice Sign Establishing Document Fund the Fund by wire or check Transparent 24/7 reporting begins

Roles that Community Foundations often play in their community


Build financial capital Build social capital* Network with other nonprofit,

public, and/or private organizations on common concerns Become the philanthropic center of the community Fill social funding gaps Help ensure a more civil society *the norms and networks of civil society that enable
citizens and their institutions to be more productive.

Fee Schedule
ANNUAL ADMINISTRATIVE FEES ON THE MARKET VALUE OF FUND ASSETS 1.00% ON THE FIRST $500,000 0.60% on the next $500,000 0.30% on the next $2 million 0.10% on the next $4 million Funds with assets in excess of $7 million will be charged a flat fee of 0.25% on the total assets. The minimum fee is $250 per year. The fees stated above are the annual fees; fees are charged to the fund monthly based on the average fair market value of assets. For newly established funds, the minimum annual fee is prorated over the remainder of the year.

CFCM Board of Directors


Brent Beshore Anne Churchill Bob Gerding Kee Groshong Darwin Hindman Chris Janku Greg Jones Teresa Maledy Mike Middleton Jerry Murrell Tim Rich Jim Ritter Greg Steinhoff Dave Stepanek Bill Tillotson Bob Wagner

The Ad_Ventures AnnaBelleEvents Gerding, Korte and Chitwood CPAs University of Missouri, ret. Mayor, ret. Atty; former Columbia City Council Jones and Watkins Commerce Bank University of Missouri MD, ret. United Way CPS, Ret. Veterans United Home Loans Central Trust Co/Boone County Bank Naught-Naught Ins. Agency Columbia Insurance Group

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