Foundation Basics Defined

Agency/Organizational Fund Overview

An agency fund represents a true partnership in supporting local charities!

We want to recognize a special partner today – charitable organizations with Agency Funds under management. We provide fiscal investment management to thirty-three (33) Agency Funds which includes lower investment costs and compliance for financial staff and auditors.

Agency Funds Defined

Agency Endowment: A not for profit organization provides revocable authorization to the Foundation to manage the money in its fund. The organization can request and receive the entirety of its assets back at with mutual approval between both boards of directors. The fund is recorded on your organization’s books as an asset and on the Foundation books as an asset and a liability. All contributions to these funds must come from your organization directly. We cannot accept charitable gifts from individual donors to Agency Endowment Funds.

Strict Endowment: A not for profit organization irrevocably gifts the fund and all future earnings to the Foundation in perpetuity. An annual payout consistent with our spending policy is designated to the organization. This option is best for organizations that want to assure donors that the endowment’s principal will not be invaded, or those that want to honor a donor’s bequest of an endowment fund. The Foundation can accept charitable gifts from individual donors to this type of Agency Endowment Fund.

Examples

Health Ministries of Harvey County, Inc. Endowment Fund
Florence Historical Society Endowment Fund

A Legacy that Stands the Test of Time

What would you do if you had the power to do something remarkable today while making an impact that would last forever, the kind of impact that takes little time and costs you nothing? All of this is possible when you take a moment to review and update the beneficiary designations for your retirement and bank accounts.

If you have any of the following, then you have a great opportunity to leave your own lasting impact:

• IRA, 401(k) or 403(b) retirement accounts
• Investment accounts
• Checking, savings or CD account
• Life insurance you no longer need

The process of naming beneficiaries is easy. It gives you the power and control to tell your administrator who will inherit your accounts when you pass away. With a beneficiary designation, you still own the account and can continue to use it to meet your needs. To name your beneficiaries, ask your account custodian, insurance agent or bank to send you a beneficiary designation form, fill it out and return it. You can name family, friends or an organization like ours to inherit your account. When you leave a gift to us, we will be able to continue our work.

CKCF Leader Series: Amy Budde

AMY BUDDE

SECRETARY

ABOUT AMY
Amy graduated from Newton High School and Wichita State University with a Bachelor’s Degree in Finance. With her husband Mike they have two kids, Lane 14 and Logan 12.  When they are not at a sporting event for the kids, they enjoy spending family time working on their little hobby farm. Their kids show horses and pigs in 4-H, and they raise a few cattle.

CAREER
For the past 12 years, Amy has worked at The Citizens State Bank, currently serving as Market President. 

AMY IS PASSIONATE ABOUT CKCF!
Bill Hake, Amy’s former boss, asked her to join the board of CKCF after he retired from the bank.  She has really enjoyed learning about CKCF  and finds it is wonderful to be a part of an organization that helps many other non-profit organizations in the Newton community and surrounding communities.

COMMUNITY ENGAGEMENT
She serves on the USD 373 endowment committee and is a member of Newton Young Professionals.

Merry Christmas, Friends.

From our family to yours, we wish you a very Merry Christmas and a happy and prosperous New Year in 2019. We are grateful for your commitment to CKCF through the year as a donor and a volunteer and look forward to a successful year making a charitable difference in the communities we serve.

To help us increase our impact, there are a few ways to give back this Christmas and into the New Year. 

Benevolence & Beyond Campaign
Learn More
Donate Online

Amazon Smile
Select Central Kansas Community Foundation to receive the benefit from your Amazon purchases.
https://smile.amazon.com/

Dillon’s Community Rewards
Log into your online shopper account and select CKCF to receive a benefit each time you use your Dillons card.
https://www.dillons.com/account/enrollCommunityRewardsNow/

Holiday Hours

CKCF offices will be CLOSED the following dates.

December 24
December 25
January 1
The office will be OPEN December 26, 27 and 28 (until 4PM) and December 31 from 9AM-12PM. Please feel free to visit us or bring your end-of-year donations by during this time.

Mail donations, postmarked by December 31 to:
CKCF
301 N Main, Suite 200
Newton, KS 67114

IRS Announces 2019 Tax Rates

IRS has announced the 2109 tax rates, standard deduction amounts and more. Forbes magazine has posted the information in a very easy-to-read format.

FORBES MAGAZINE: IRS Announces 2019 Tax Rates, Standard Deduction Amounts And More

We encourage you to discuss charitable giving with your tax professional. If you are interested in giving a donation to the Foundation, please contact Angie Tatro at 316-283-5474.

Benevolence & Beyond
The end of the year is an excellent time to give charitably. Donate to the CKCF Community Impact Operating Fund as part of our $100,000 giving campaign, Benevolence & Beyond.

Learn More
Donate Online

#givingtuesday: Thank You!

Thank you for your show of support during the 2018 #givingtuesday event – we love our donors and volunteers!

There is still time to donate to Central Kansas Community Foundation. A gift to the CKCF Community Impact Operations Fund as part of our Benevolence & Beyond campaign will ensure the Foundation’s continued growth for greater community impact!!

 

CKCF Leader Series: Joel Gaeddert

JOEL GAEDDERT

CHAIRMAN, 2018-2019

ABOUT JOEL
Joel did not grow up in Newton, but had a lot of family from this area. He attended Bethel College where he met his wife, Crystal Enz, and decided to start a family in Newton. They have two boys, Collin and Brett. Joel spends most of his free time building his business, Flint Hills Design.

CAREER
Joel started Flint Hills Design a little over ten years ago, mainly designing websites for local organizations, one of the first being the website for CKCF. While he remains loyal to his roots in website design, he has shifted the primary focus of the business to museum exhibit design and fabrication. He finds the work fun and rewarding, certainly a gift.

JOEL IS PASSIONATE ABOUT CKCF!
He got involved with CKCF at the request of another board member. While he was familiar with the work the Foundation had been doing in the Newton area, he didn’t realize the extent of the impact until considering joining the board. He was surprised to learn about the amount of money given back to the community every year, and it encouraged him to get involved in hopes of further promoting the organization and the good work CKCF is doing.

During his tenure as chair, Joel would like to see increased awareness of the work done by the Foundation, not only in the Newton area but in each of the areas covered by the 21 affiliate foundations. CKCF has a compelling mission and story – he hopes to build that story in a way that engages an even broader segment of the population. It will be good for the foundation, the organizations it supports, and ultimately the people and communities it impacts.

COMMUNITY ENGAGEMENT
In addition to serving as board chair for CKCF, Joel is involved with a few other organizations in the area, most notably as a board member on the Harvey County Economic Development Council and as a co-owner of Prairie Harvest in downtown Newton. The thread that connects his work with each of these organizations is quite simple: He is passionate about making this place we call home the best that it can be. He wants to do work, here, that has a real impact, now.

CKCF attends the KACF National Conference for Growing Community Foundations

Central Kansas CF staff and affiliates attended the Kansas Association of Community Foundations 2018 National Conference for Growing Community Foundations. Among many topics, staff attended sessions regarding legal and compliance, management, board development, grants and marketing and communications. We are very excited to implement the ideas garnered from the sessions to create a stronger community foundation serving your community. In addition, we recognize Angie Tatro, CKCF Executive Director, for her leadership as conference committee chair. Many long hours went into planning for a successful conference with cutting edge information and ideas.

CKCF Mission Moment

Mission Moment with Angie Tatro, Executive Director

Customized Giving that leads to your legacy. Consider establishing your own fund. You may wish to start a new endowment fund to benefit the charity or charities important to you, support a particular field of interest, or provide scholarship monies. The fund may be named in memory or honor of a loved one or influential person in your life. Individuals, families and businesses can establish personal charitable funds.