New, $50k endowment fund established in Audubon County
October 3rd, 2014 by Ric Hanson
Audubon County Community Foundation (ACCF) Chair Brett Irlmeier, today (Friday), announced a new endowment fund. The $50,000 Exira-Elk Horn/Kimballton School District Endowed Fund was created by Exira resident Marvin Jorgensen. The fund will ultimately benefit students of the newly-formed district.
The Exira-EHK School DIstrict Foundation Endowed Fund is a permanently endowed fund that can accept donations from the public, individuals, businesses and other organizations, that want to help the school district today, and, help build a stronger community tomorrow. Donors will be eligible to receive a 25% Endow Iowa Tax Credit for each donation, in addition to any Federal Tax benefits for which they may qualify.
The Audubon County Community Foundation has distributed over $1.2-million in grants and scholarships. For more information about donating and/or establishing an individual foundation or fund, call any ACCF Board member, or Iowa Foundations Director Dennis Nissen at 1-800-794-3458.