Building Stronger Communities Through Charitable Giving
Central Kansas Community Foundation is proud to serve as “host” foundation to twenty central Kansas affiliate foundations.
For information about how your community might be served through our affiliate network, contact Central Kansas Community Foundation Executive Director Angie Tatro by calling 316-283-5474 or emailing firstname.lastname@example.org. Located at 301 N. Main, Suite 200, Newton, KS 67114.
Federal Tax ID: 48-1221368
501 (c) (3)
Together we can accomplish great things…
The Central Kansas Community Foundation provides affiliate services to communities across Central Kansas. The opportunity to affiliate with CKCF provides smaller communities the ability to create and manage their own community foundation and to offer the same services normally available only through larger foundations. Affiliate foundations are locally led, locally governed and directed towards local needs.
An affiliate foundation offers a permanent, steady, and secure source of grant making that addresses current and future community needs. Each affiliate foundation is overseen by a committee of local leaders who educate their friends and neighbors about the value of giving back to the community and oversee the grant making process in their community.
As a component of the Central Kansas Community Foundation, the affiliate benefits from “turn-key” operations. The staff of CKCF handles the administrative details of gathering the funds, growing them and granting them out as appropriate. Because everyone shares in the costs, administrative expenses are held to a bare minimum.
There are many benefits to affiliate funds:
Affiliated funds gain access to the Central Kansas Community Foundation’s tax exempt 501(c)(3) status, making gifts to the local fund fully tax deductible. CKCF issues charitable receipts conforming to IRS standards directly to donors who contribute $250 or more.
The Central Kansas Community Foundation is recognized nationally by the Council on Foundations as having met “National Standards.” This assures the public, our donors and our affiliate partners that we operate and manage our foundation at the highest level of responsibility and integrity. Each affiliate agrees to adhere to the same policies and procedures and thereby can acknowledge locally that they, too, have met “National Standards.”
A local fund advisory board makes decisions about how affiliated fund charitable dollars are spent.
MINIMAL START-UP EXPENSE
No need to file for separate tax-exempt status, no need to spend months drafting bylaws and policies. Your local community fund board can begin immediately doing what it does best – educating the community about the value of giving back.
FINANCIAL AND ADMINISTRATIVE SERVICES
Affiliated funds have access to CKCF’s financial and administrative services. The foundation accepts responsibility for the day-to-day financial activities, including recording contributions; making disbursements; cash management; preparing and filing IRS Form 990; obtaining an audit of financial statements by an independent CPA firm, and issuing the fund’s financial reports. In April of 2010, CKCF contracted with “Greater Horizons” to provide accounting services. As a result, our current accounting system provides 24/7 online access to you and your fund managers through “Donor Central.” Go online anytime and review your fund balances, investment earnings, gifts received, or grants disbursed. Quarterly statements are available and can be printed and viewed anytime through your online access.
GREATER INVESTMENT DIVERSITY
The Foundation can pool endowment funds for investment purposes, thereby providing the benefits of a balanced portfolio, diversification, appreciation, lower management costs and potentially higher returns. Pooling resources with the foundation is almost always the most efficient choice; affiliates may request the option to “keep their money at home,” by having one or more local financial institutions manage their funds. Such arrangements must first be approved by the CKCF Finance Committee and must adhere to the existing investment policies of the Central Kansas Community Foundation.
CKCF marketing materials are available to affiliated funds at minimal or no charge. Sample, template, or customized materials, donor letters, brochures, and other communications can all be provided. The Foundation maintains a website and all affiliated funds are highlighted. Affiliate foundations may create their own website with a link to the CKCF site.
TRAINING AND ASSISTANCE
CKCF staff and board members have expertise in community development, strategic planning, planned giving, grant writing and fundraising. They are available for consultation to affiliates to assist in organization and start-up, strategic planning and advising on fundraising initiatives. A variety of programs are available for presentation to your local civic clubs and organizations: the value of community endowments, the transfer of wealth and what it can mean to your community; basic estate planning; women and philanthropy.
ESTATE PLANNING SERVICES
The Central Kansas Community Foundation makes consultancy services available to those individuals interested in completing personal estate plans and learning more about the charitable components of such planning. There is no charge to affiliates or potential donors for this professional service.