Original goal of $100,000 nearly met; however, additional donor pushing goal even higher

Article Image Alt Text

Thanks to the generosity of our communities, the Perkins County Community Foundation Fund is nearing its original goal of $100,000 to help the fund meet the anonymous challenge grant given to it two years ago. 

However, another anonymous donor has challenged our community with a $15,000 challenge if matched with $15,000 from local folks. 

Therefore our goal has been increased to $130,000 by the end of the year. Thanks for whatever you can give. Giving sooner than later in the month would assist the accountants adjusting the books by Dec. 31.

Could you help? If so, just reach out to any of the fund advisory committee members, or go on line to www.nebcommfound.org/give/perkins-county-community-foundation-fund/ and donate there.

In appreciation for their generous gifts, we wanted to give a shout out to those who have donated. 

These are our newest donors who have stepped up. We thank each and every one of you for believing in Perkins County and helping to secure an endowment that will continue to benefit the county long after each of us is gone. 

Our newest donors who have been added to the list that was given two weeks ago are: Frank and Sandra Anderson, Wayne and Nancy Burge, Bonnie Dodson, Lucille Foster, Dan and Josie Hughes, Bill Jackman, Patsy Kroeker, Leon and Charlotte Kumor, Delbert Marquardt, Middle of Nowhere Bar & Grill, Keith and Doris Olsen, Ron and Gloria Patrick, Pinnacle Bank, Bill and Carlene Potts, Ryan and Michaela Potts, Ivan and Ann Regier, Joann Smith, Terese Svoboda, Carol Salsmann in memory of Robert and Delores Swan, Dave and Tracey Swan, Susan Traxler, Mike and Marcia Frerichs, Kevin Ruser, Larry and Erna Todd and several anonymous donors.

Just a reminder, besides monetary gifts, the PCCFF also accepts “Gifts of Grain.” This type of gift is a favorite charity way to maximize a contribution, if one is a crop producer, one can deliver grain to the local elevator and transfer ownership to the Perkins County Community Foundation Fund, for example.

The benefits of a gift of grain include zero income tax on the production gifted and no self-employment tax. In addition, the producer can still claim the expenses on the unit of production gifted. As a result, the contribution is more valuable than a cash contribution, which would be an after tax gift. 

The tax legislation of 2017 also doubled the standard deduction, reducing the value of itemized deductions, therefore making a gift of grain really useful.

For a gift of grain, the ownership must be transferred to the Community Foundation at the time of delivery. 

Of course, the grain must be “open” and not under contract. Gifts of livestock are also an option using similar procedures.

Instructions and documenting forms for gifts of grain are available from Michelle Ross at Pinnacle Bank in Grant or at 75785 Road 344, Elsie, Nebraska 68134.

The Perkins County Community Foundation Fund maintains an unrestricted endowment fund to support projects within Perkins County that provide positive community impact. 

Currently, a fund raising campaign is underway to expand the foundation’s funding capacity. The efforts follow the foundation’s mission of “providing opportunities to give back” to the community with a vision of “promoting socially & economically vibrant activities that enhance a high quality of life.”

Local government and nonprofit entities can apply for grant funding. 

For applications or to make contributions contact beckyuehling@hotmail.com or PCCFF Treasurer, 75785 Road 344, Elsie, NE 68134.

The PCCFF is a nonprofit 501c3 affiliate of the Nebraska Community Foundation.

 

The Grant Tribune-Sentinel

308-352-4311 (Phone)

PO Box 67
327 Central Ave in Grant
Grant NE 69140