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Endowments & Funds Building an endowment is an increasingly common goal among charities of all sizes. From advocacy groups to United Way, the number of agencies nationwide with endowments has doubled in the past four years. Experts predict that the coming $8 to $10 trillion intergenerational transfer of wealth will result in significant planned gifts to agency endowments. Donors recognize that establishing an endowment marks a point of fiscal maturity in an agency, indicating that it is thinking strategically about its future and about its role in the community. An endowment fund at Community Foundation of Northern Illinois can put an agency on stronger financial footing by providing assured income today, tomorrow, and always. Establishing an endowment at the Foundation is not only a strategic response to the changing fund raising environment, but also offers the following benefits: Financial Expertise - Assets under management of the Commmunity Foundation of Northern Illinois total over 50 million dollars for the charitable interests of individuals, families, businesses, and not-for-profit agencies in our region. Sound Investment Policy - Our investment objective is to maximize total return and minimize risk. Investment portfolios include individual securities and mutual funds selected and managed according to "prudent investor" rules. Proven Performance - Since our portfolio is diversified across asset classes (large cap, small cap, international, and fixed income) and management styles (value/growth), market risk is comparatively low, resulting in a portfolio that has consistently performed well under changing economic conditions. Benefits of Commingled Funds - Agency endowments benefit significantly from the much larger pool of investment assets. The larger pool and lower investment fees ensure the greatest possible growth and income for each agency's endowment fund. Permanence - Agency assets invested with the Foundation are held forever. Should unforeseen situations arise, agency funds permanently held by the Foundation are protected from creditors, and regular payouts will support an agency's mission in perpetuity. In this way, an endowment assists with long-term planning and guarantees that donors' wishes will always be honored. Cost savings - We offer low initial set-up fees and handle all reporting and filing requirements. With the Foundation providing administrative oversight and investment management, nonprofit agencies can focus on long-term goals. Credibility - The Community Foundation of Northern Illinois has been a leader, grantmaker, convener, collaborator, and community resource for nearly 50 years. Our development has been supported by grants from Ford Foundation, Charles Stewart Mott Foundation, MacArthur Foundation, and Gannett Foundation, representing a strong endorsement of the Rockford Community Foundation's capacity. Marketing Advantages - When an agency places an endowment with us, its marketing effectiveness is multiplied. Our family of funds includes those established by individual donors who share a concern for our community's charitable needs. Through our newsletter, special events, and other activities we share information about needs with donors, complementing an agency's development efforts. Regionalism - Partnering with the Foundation offers the value of a regional perspective. Because we serve a four-county area, we can identify partnerships, collaborations, or other linkages that may be particularly helpful to your agency. Funds An endowment fund at Community Foundation makes sense in today's
changing fund raising environment. When an organization - large or
small - depends upon annual contributions, it is very hard to create
and sustain the quality services that our community needs and deserves.
Establishing or adding to an endowment fund at CFNIL today ensures
that our nonprofit sector will be strong tomorrow. General Community Funds | "Named
Funds of Community Needs | Scholarship Funds | Field of Interest
Funds
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General
Community Funds Field of Interest Funds 5203 Arts Endowment 5205 In Youth We Trust/Willard and Alice Corbett 5209 Family Crisis Fund 1118 Band Wagon (Passthrough) Scholarship Funds 1117 Rockford Athena Scholarship 3001 Mark A. Reid Memorial Scholarship 3002 Rockford Pro Am Endowment 3003 Mamie and Bishop Harris Scholarship 3004 Adeller and Horace Box Scholarship 3005
Bonnie Sorenson Scudder 3006 Athena Scholarship 3007 Scottish Highland Games 3008 Pi Gamma Omega Scholarship 3009 Randall A. Blank Memorial Scholarship 3010 Harry H. and Floy B. Chapin Scholarship 3011 Helen R. Finley Loescher Scholarship 3012 L.H. Geddes Memorial Scholarship 3013
Charles Lee Anderson 3014
Susan Kay Munson Gilmore 3015
Gary S. Wilmer Memorial 3016 La Voz Latina Scholarship 3017 Northwest Community Center Scholarship 3018
Deborah Jean Rydberg 3019
Faeth-Miller Continuing Education 3020 Spectrum School Scholarship 3021
Paul and Ruth Neidhold 3022 Beta Gamma Recruitment Grant 3023 Gussie Ware Memorial Scholarship 3024 Jason "Jay" Ordway Memorial Scholarship 3025
Marion L. Bates Endowment Fund for 3026 Alpine Kiwanis Club Scholarship Fund 3027 Penelope and Peter West Faculty Challenge 3028 Marion L. Bates Income Fund 3029
Harry and Jean Anderson 5201 Keith Maffioli Scholarship 5202
Community Foundation of Charitable Remainder Trusts 4001 Ruth Tower CRT 4002 David S. and Lucretia Paddock CRT 4003 James E. Lockwood Jr. CRT 4004 Kent A. Mallquist 95-1 CRT 4005 Allan C. Mallquist 95-2 CRT 4006 Virgil and Barbara Keeling CRT 4007 Jack W. and LaVonne A. Packard CRT 4009 William D. and Dixie L. O'Donnell CRT 4010 Hilmer T. and Edna L. Anderson CRT 4011 Mary B. and David H. Caskey CRT 4012 Jean Adams CRT/Crusader Clinic 4013 Kendall P. Bates Charitable Remainder Trust 4014 Ralph and Dorothy Kreissler Charitable Remainder Trust 4015 Leighton Charitable Remainder Unitrust II
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"Named" Funds of Community Needs 1104 Norris A. and Margaret K. Aldeen II 5210 Guy B. Reno Family 5211 Vera Maureen Fisher Charitable 5212 Dr. Courtney J. and Margaret Hutchins Armer F. Ahlstrand Mr. and Mrs. Byron C. Marlowe Karen J. Anderson-Wade Gertrude Mellenthin Trust John and Roberta Mink Roberta Monk Gottard Nilsson Memorial Nilsson Family Fund Ruth C. Nordell Mr. and Mrs. Lawrence F. O'Brien Florence A. Cassidy Judith and Charles Picus Goddard Family Meryle A. Stockhus Frances E. Henderson Holstrom Family Ralph E. and Mildred Ebersole Johnson Howard and Lauren Kronenberg Madelyn M. Warner Colleen and Loranzie Williams George and Pansy Winking Family Memorial N.K. (Duke) Levis Fund Carl D. Loescher Memorial Non Profit Organizations/ Agency Funds 1125 Lincoln Middle School Library & Equipment 1128 Friends of Lincoln Middle School 1401 Anderson Gardens Japanese Education 1403 Rockford Area Arts Council 1406 Community Kitchen Endowment 1411 NIMCA Endowment 1412 NIMCA Operations 1413 Non Profit Leadership 1415 Rocford Association for Minority Management 1416 Rockford Public Library Foundation 1417 Golden Apple Foundation of Rockford 1418 Tinker Swiss Cottage 1419 Wildlife Rescue and Rehabilitation 1422 Discovery Center Museum Endowment 1432 Goodwill Industries of Northern Illinois 1433 United Way of Rock River Valley Endowment 1441 Erlander Home Museum-Swedish Historical Society 1442 Rockford Sports Coalition 1455 Charles A. Byer/Rockford Jaycees 1457 Trudy B. Rossate Memorial (CASA) 1458 Northern Illinois Public Health Foundation 1460
Judith Anderson Creative Writing Award 1466 Rockford Cosmopolitan Foundation 1468
Winnebago County Criminal 1471
Diane Thompson-Wells Memorial 1472 World Wildlife Kingdom 1473 Rockford Area Association of Realtors 1501
Turtle Pond Environmental 2001 Goodwill Trust 2002 G. W. Aldeen Memorial 2003 Crusaders Health Foundation Endowment 2004 Hunger Connection Endowment 2005 Barbara Olson Center of Hope Endowment 2006 Rockford College Endowment 2007
Promised Land Employment 2008 Rockford College Endowment 2009 Keith School 2010 United Way of Rock River Valley 2011
W.A.V.E. for Victims of Domestic 2012 Paul and Dorothy Salerno Endowment 2013
Joan Stonecipher Scholarship 2014
Anna Wartowski Memorial 2018
Winnebago County Nursing 2019
R. Ray and Nola Wood Family Fund Donor Advised Funds 1108 Amarnath Puri Memorial 1110 Keeling/Green 1111 Dan and Linda Arnold 1113 Dick and Grace Leighton 1115 Mary Lee Pierce Memorial 1122 Dr. Jan and Sandy Elliott Pass Through 1405 Carmichael Family (current grantmaking fund) 1407 Janet A. Kjellstrom 1408 Robert H. Kuhlmeier 1409 Dan G. and Amy L. Loescher 1410 Philip E. and Elizabeth B. McDonald 1414 Jack W. and LaVonne A. Packard 1420 Linda and John Anderson Charitable 1421 Charles and Sandi Uram Charitable 1424 John R. and Jean E. Kinley 1425 Ralph F. Anderson Charitable 1427 Tracy E. Anderson Charitable 1428 David J. Anderson Charitable
1430 Jeffrey R. Anderson Charitable 1434 Anderson Family Charitable 1435 Judith and John Graff Charitable 1436 Maggie and Rolf Thienemann 1438 Raymond L. and Jo Marie Paul 1439 Charles W. and Shirley S. Holzwarth 1440 R. Ray and Nola Wood Charitable
1444 Phil and Carroll Turner 1445 Keeling/Green Legacy 1446 Dick and Grace Leighton Donor Advised 1447 Stephen S. and Dorothy V. Baits 1448 Carmichael Reserve (future grantmaking fund) 1449 Howard D. Colman Memorial 1450 Dr. Jan and Sandy Elliott 1451 Joseph W. McCoy Memorial 1453 Richard and Gertrude Reynolds 1456 William and Catherine McCoy Charitable 1459 Elaine J. Green 1461 McNeil - McHugh Fund 1462 Fellows Family Charitable Fund 1463 David J. and Barbara L. Edler Fund 1464 Lisle and Margaret Menzimer Fund 1469 Bernie and Deenie Kittle Family Fund 1470 Donald M. Misenti Memorial 1474 Don and Pat Eubanks Charitable 1475 John C. Brearley Family Charitable Fund 1476 Dan and Ruth Nicholas Charitable 1477 Pittman Family Fund 1493 Angela Rushford Children's Organ Donation Fund 1502 Grans Family Fund 1503 Gary and Lois Ecklund |
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