May 2015 Using Rural Development Philanthropy to Build and Sustain Nebraska’s Hometowns
Transcript
1. May 2015 Using Rural Development Philanthropy to Build and
Sustain Nebraskas Hometowns
2. Community Development Strong, progressive communities can
only be built and sustained by the people who live and work there.
Anyone coming to town to help should do that and only that.
Help.
3. Nebraska is blessed with Abundance In Nebraska, everything
we need is right where we are In Nebraska, everything and everyone
works
4. 20th Century Economy Labor Capital Land
5. 21st Century Economy Ideas Capital Talent
6. 21st Century Community Development Build, grow and sustain
hometowns that are magnetic hometowns that are attracting stayers,
returners and newcomers to be in community with us.
7. Community Development Math Collective Vision + Distributed
Leadership + Discretionary Capital + Citizen Engagement
_________________________________________________ Magnetic
Hometowns
8. Our Theory of Change Abundance; not scarcity Local control;
local responsibility Empower local leaders with skills and
confidence Build endowments to support core mission Add value to
local efforts Convene & build partnerships Belief in power of
Hometown
9. NCF Summary December 31, 2014 First affiliated funds
established in 1994 223 affiliated funds serve 254 communities
1,768 Affiliated Fund Leaders Total Assets = $100 million 286
planned gifts totaling $52 million 35,728 contributions in last 5
years $126 million reinvested in last 5 years
10. 2011 Transfer of Wealth Study New Census data Growth in ag
economy Impacts of the recession Improved methodology
11. 2011 Transfer of Wealth Study $603 billion will transfer in
Nebraska in the next 50 years Nebraskas 2011 estimates represent an
84% increase over original findings 51 of 93 Nebraska counties are
experiencing their peak years of transfer now or in the next 10
years
12. County-Based Transfer of Wealth 16
13. Transfer of Wealth: A Unique Opportunity To build
philanthropy and endowments To prove that capital is not the
limiting resource to community development Achieve sustainability
(by using Asset-Based Community Development) To break out of a
cycle of dependency
14. The Message Once our wealth leaves the community it is gone
forever. Once our wealth is endowed in our community it is here
forever. The time to act is now the opportunity will never be
greater!
15. Brown County Community Foundation Fund Population = 3,145
Fund Established 1995 Total Assets = $853,419 Endowed Assets =
$710,986 5 Confirmed Expectancies = $1,460,000
16. Brown County Community Foundation Fund Highlights
Unrestricted endowment of $545,000; will be $1.2 million at
conclusion of current campaign Impact grantmaking to support youth
engagement, enhanced school curriculum, fire and rescue units
Awareness building for value and importance of community endowments
Spun off successful hospital foundation affiliated fund
17. Shickley Community Foundation Fund Population = 341 Fund
Established 2001 Total Assets = $1,660,986 Endowed Assets =
$1,660,976 14 Confirmed Expectancies = $1,968,116
18. Shickley Community Foundation Fund Highlights Current
endowment + expectancies exceeds 5% of communitys 10-year transfer
of wealth Impact grantmaking to support entrepreneurship, youth
engagement, pre-K child development, enhanced school curriculum 60%
of all families in school district are donors Goal of $12 million
by 2030
19. McCook Community Foundation Fund Population = 7,698 Fund
Established 2001 Total Assets = $3,030,468 Endowed Assets =
$2,863,057 10 Confirmed Expectancies = $2,263,450
20. McCook Community Foundation Fund Highlights 31 accounts;
purposes including K-12 education, health care, youth engagement,
elder care, human services, scholarships Unrestricted endowments
total $1.9 million Engaging youth in community building FAC
implementing highly successful distributed leadership model
21. Holt County (population 10,435) Stuart Atkinson ONeill
Ewing Amelia Chambers Inman Page Emmet
22. Holt County Success Story County-wide public-private
partnership for economic development (3 FTE) $5 million endowed +
20 confirmed planned gifts 29 new businesses, 18 business
expansions and 10 business transitions have created/retained 239
jobs 130 graduates of leadership class 120 new families
23. And most importantly! Were not giving our kids luggage for
graduation anymore! Maureen Wenke, Pender