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Learn more about the United Way of the Midlands Foundation!
Frequently Asked Questions (FAQs)
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What is endowment? The commonly accepted meaning for endowment is a fund, which is kept in perpetuity and invested to provide interest earnings for the benefit of a charitable cause – e.g., The United Way of the Midlands. Endowment development is a process to encourage committed donors to make gifts for investment and growth. The income is used for specific purposes, which support or enhance the mission of United Way of the Midlands.
A Foundation gift can:
-- close the gap between real community needs and available funding;
-- create new programs that require funding not always available from the annual campaign;
-- allow our community to act, instead of react, to challenging health and human service concerns and needs.
A strong and healthy endowment fund will allow Douglas, Sarpy, and Pottawattamie Counties to provide a better quality of life for those in need and secure a stable future for our community’s children.
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Why is United Way involved in “endowment” and “planned giving?” It is important to remember that the MISSION of United Way is to increase the organized capacity for people to care for one another. The annual campaign and endowment fund gifts are METHODS of raising resources to fund emerging health and human programs and initiatives to achieve our mission. At times, annual campaign dollars are eroded by mergers, mobility and mortality of donors, downsizing of corporate employees, and any number of other means that influence the economy of our region. An endowment fund generates significant, additional revenue over the long term, above and over the annual campaign contributions, that can be used for vital community services and emerging community needs.
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Does a foundation fund conflict with a current donor’s giving? Absolutely not. Our organization believes it's prudent to strengthen currently-funded human service programs AND work to ensure their availability into the future, so our community remains strong for many years to come.
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What kinds of gifts can be made to the Foundation? Gifts of Cash Bequest in a Will Outright Gift of Appreciated Stock, Securities, Real Estate or Other Property/Assets New or Existing Life Insurance Assignment or Beneficiary Designation Charitable Gift Annuities Charitable Lead/Remainder Trusts Charitable Gift Transfer of Retirement Plan Life Estate of Home or Farm Memorials, Honorariums, and Endowments
If you have a question, or you'd like to work with United Way to make a lasting impact on our community, please call the Foundation office at (402) 522-7902. The e-mail address is sdouglas@uwmidlands.org.
or write to: United Way of the Midlands Foundation 1805 Harney Street Omaha, NE 68102
NOTE: The information provided is not intended to be legal or tax advice. It is always advisable to consult with a qualified estate-planning attorney when drafting your will to ensure your wishes for your family and the United Way of the Midlands Foundation are properly documented.
UNITED WAY OF THE MIDLANDS FOUNDATION STAFF: President: Michael McLarney CFO: Linda Kemp Executive Director: Donna Garst
FOUNDATION BOARD MEMBERS AND OFFICERS: Kate Dodge, Chair of UWM Foundation Phillip Webb, Past Chair Carr Heaney, Jr., Secretary Mark Grieb, Treasurer Art Burtscher Harlan Falk William Gerber Sharon Marvin Griffin A.William Kernen Jackie Kroeger Mark Lyons John P. Nelson
UWMF PLANNED GIVING COMMITTEE: Mark Lyons, Chair Matthew Bock Keith Deras Tom Gaughen Andy Jacobitz Susan Spahn Joe McNamara
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