An excellent Rotary program from Bob Freeman and Millie Youngquist on the Community Foundation of Washington County. Bob is the Board President (and Wellman Rotarian, and owner of Freeman Foods grocery in downtown Wellman).
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| Bob Freeman |
The Community Foundation of Washington County was formed in 2006 as an affiliate of the Community Foundation of the Great River Bend based in the Quad Cities. Washington Rotarian, Steve Olson helped to start the group and was the Board President for several years.
In fact, three of the seven current CFWC Board Members are Rotarians, including Ed Raber (Washington), Bob Freeman (Wellman), and Steve Reif (Kalona).
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| Millie Youngquist |
Executive Director, Millie Youngquist gave an overview of why families and individuals should consider donating to create permanent endowments to help the organizations and causes that they love into the future. One of the best donation options for creating permanent endowment is through the Endow Iowa 25% state tax credits.
With Endow Iowa, donations to community foundations cost donors less.
For example, a $5,000 gift could cost just $2,000.
For example, a $5,000 gift could cost just $2,000.
$5,000 Gift
$1,250 25% Iowa "Endow Iowa" Tax Credit
$1,750 Federal Deduction (based on 35% marginal tax rate)
$3,000 Total Tax Savings
$2,000 TOTAL COST OF GIFT
$1,250 25% Iowa "Endow Iowa" Tax Credit
$1,750 Federal Deduction (based on 35% marginal tax rate)
$3,000 Total Tax Savings
$2,000 TOTAL COST OF GIFT
BLOOD DRIVE - THURSDAY FEB 21, 12:30-5:30pm
Hey, don't forget to donate blood on Thursday afternoon after Rotary.
UPCOMING PROGRAMS
February 21: Denise Erpelding - Carol Tebockhorst on Make-A-Wish Foundation
February 29: Craig Davis - Rick Fulton on his mission trip to Guatemala
March 7: Cheryl Kurtz - Brent Hinson talking about City stuff
March 14: Jim Mostek - TBA
March 21: Don Vittetoe - AG APPRECIATION DAY with Green Share Organics CSA
