Double Your Impact: Matching Gift Opportunity for Palo Alto County Nonprofits!
Palo Alto County Community Foundation
December 23, 2024
The Palo Alto County Community Foundation (PACCF) is pleased to announce a special matching gift opportunity for donations made to nonprofit agency funds held with the Foundation. Donations of $500 or more are eligible for a 25% match, on a first-come, first-served basis, through March 31, 2025, or until the match funds are exhausted. There is a limit of $2,500 match per fund. Donations can be made securely online at paloaltoccf.org.
The eligible nonprofit agency funds are:
- Emmetsburg Athletic Booster Club Quasi Fund
- Emmetsburg Baseball/Softball Academy Quasi Fund
- Emmetsburg Educational Foundation Scholarship Fund *
- Feed Our Kids - Emmetsburg Quasi Endowment Fund
- Feed Our Kids - Emmetsburg Endowment Fund *
- Five Island Lake Association Quasi Endowment
- Five Island Trail Endowment Fund *
- Graettinger Community School District Foundation Endowment Fund *
- Graettinger Community School District Foundation Quasi-Endowment Fund
- Graettinger Economic Development Quasi Endowment FunGraettinger Labor Day Celebration Endowment Fund *
- Horizons Unlimited Endowment Fund *
- Horizons Unlimited Quasi Endowment Fund
- Palo Alto County Conservation Foundation - Lost Island Nature Center Endowment Fund *
- Palo Alto County Health Care Foundation Endowment Fund *
- Palo Alto County Hospital Auxiliary Quasi Endowment Fund
- Shrine of the Grotto of the Redemption Endowment Fund *
- Silver Lake Cemetery Perpetual Care Endowment Fund *
- St. Pat's Association Endowment Fund *
- St. Paul's Lutheran Cemetery Perpetual Care Endowment Fund *
- West Bend Friends of the Library Fund *
- West Bend Historical Society Fund *
- West Bend-Mallard Achievement Foundation Endowment Fund *
For those wishing to make gifts to Endow Iowa-eligible funds (indicated with an asterisk*), there is an added benefit of a 25% state tax credit, in addition to the normal federal tax deductions for charitable donations. More information about the Endow Iowa program can be found at www.cfneia.org/endowiowa.
Nonprofit organizations that wish to establish their own fund with the Foundation are also eligible for the matching gift opportunity. Nonprofits establishing a new permanent endowment fund will receive a match of $5,000 for a $5,000 gift to start a fund ($10,000 minimum). Nonprofits establishing a new quasi-endowment fund will receive a match of $2,500 for a $7,500 gift to start a fund ($10,000 minimum, 2 year wait for distributions).
Michael Jacobson, chair of PACCF, shared, “This matching gift opportunity is a great way to help our local nonprofits grow their endowments, ensuring they have a sustainable source of financial support for years to come. A $500 donation, for example, would receive an additional $100 through the match, bringing the total gift to $600. Plus, donors can take advantage of the 25% tax credit on Endow Iowa eligible funds – making this a great opportunity to make a lasting impact.”
This match is made possible by a generous grant from the Palo Alto County Gaming Development Corporation (PACGDC), which also helped establish the Foundation.
Gifts in the form of cash, check, or stock are accepted through the Community Foundation of Northeast Iowa (CFNEIA), the administrative office for the PACCF. Checks should be made payable to the specific fund the donor wishes to support. Donations can also be made online at paloaltoccf.org.
For additional information about the match, making a gift, or establishing a fund, please contact Terry Gaumer, Charitable Advisor with CFNEIA, at her email or 319-243-1354.
