Collaboration vital to success
The Gazette guest column by Becci Reedus in the Sunday (Oct. 12) edition thanks partners for the collaboration to make the 1105 Project a success. Read it here.
Community Foundation of Johnson County
The goodwill, civic mindedness, and compassion of Johnson County residents bears fruit in a bountiful harvest of hard-working, nonprofit organizations dedicated to improving our schools, sheltering our neighbors, caring for the sick, preserving our green spaces, and inspiring our hearts and minds through the arts. The Community Foundation of Johnson County serves a unique role channeling today’s goodwill into tomorrow’s community support for needs that may not yet even be visible today.
A fund of gifts and bequests subject to a requirement that the principal be maintained intact and invested to create an ongoing source of income for a specific purpose. The principal remains in perpetuity, or for a defined period of time or until sufficient assets have been accumulated to achieve a designated purpose.
Charitable Giving Defined
Individuals, organizations and businesses may create Charitable Giving Funds to benefit public interest. Charitable Giving Funds may be withdrawn and used by the fund creator as needed to support the intent of the designated fund.
A Latin proverb best describes the work of the Foundation as, “one plants trees to benefit another generation.” The Community Foundation of Johnson County allows the gifts of today to grow into a sheltering tree for next year, the next decade or the next generation. The core work of the Foundation is building and managing an endowment whose fruits can be returned the community in the form of grants to local nonprofit organizations and scholarships for local students.