The Golden Belt Community Foundation announces the establishment of two new endowment funds to benefit the Family Crisis Center and Barton County Emergency Aid Association. This partnership with the community foundation allows individuals and businesses interested in supporting and sustaining these important organizations another vehicle for their charitable giving.
The establishment of these endowments also means that they will be eligible to participate in the Golden Belt Community Foundation’s Giving Tuesday event on Tuesday, Nov. 29. During the month of November, any gifts to organizational and community endowment funds may be eligible for matching funds. The Golden Belt Community Foundation will match donations proportionally to the total amount of funds raised with a matching pool of at least $40,000.
“Some individuals wish to support an organization through endowment giving because they know their gift will be invested and continue to support their favorite charity in perpetuity,” said Christy Tustin, Golden Belt Community Foundation Executive Director, “and Giving Tuesday is a great opportunity to build these permanent funds.”
Endowment funds are funds permanently set aside and invested for long-term use, the principal of which is protected, and the earnings of which benefit the charitable organization. Generally, up to five percent of the endowment fund is granted back to the organization annually. By establishing these funds, Barton County Emergency Aid Association and Family Crisis Center will benefit by reaching more potential donors, being able to offer free estate planning, and receiving annual distributions to support their mission. When organizations work through community foundations, they can build their funds to provide lasting support and take advantage of investment economies of scale and planned giving expertise.
Anyone may contribute to the Family Crisis Center or Barton County Emergency Aid Association Endowment Funds as gifts are accepted in any amount. The Golden Belt Community Foundation accepts gifts in the form of cash, stock, real estate, and can assist individuals with leaving a gift through their will or trust. All donations are tax-deductible.
About Family Crisis Center
Family Crisis Center provides advocacy and support to all survivors and secondary victims of domestic and sexual violence, child abuse and neglect while encouraging social change through awareness, education and prevention. From a 24-hour crisis hotline to supportive services to professional training, it offers hope and healing for families experiencing domestic and sexual violence, child abuse and neglect.
About Barton County Emergency Aid Association
The Emergency Aid Association exists to assist people in unexpected, emergency situations. It coordinates the emergency aid distributed by various churches and relief agencies in Barton County and assists with emergency aid to transients moving through the community. Emergency Aid helps with rent, utilities, and lodging. Assistance from other helping agencies also may be coordinated.
Golden Belt Community Foundation
At $19.77 million in total assets and more than 175 funds under management, Golden Belt Community Foundation has been connecting people who care to causes that matter since 1996. Golden Belt Community Foundation exists to provide non-profit organizations in central Kansas with a permanent source of support and to serve as a vehicle for charitable giving for donors. GBCF serves the counties of Barton, Pawnee, Rush, and Stafford. For more information about Golden Belt Community Foundation, call (620) 792-3000 or visit their website at www.goldenbeltcf.org.