In 1995 the Marshalltown Area United
Way established a foundation after receiving a $5,000
gift in memory of a family member. Currently the
foundation has over $117, 000 earning interest.
The foundation was established and
set up so people or corporations would have an option
to make a sizable donation with only the interest
generated from the gift being used in the annual
campaign. The gift becomes a perpetual gift in helping
to support the annual campaign.
Only
75% of the interest generated from foundation gifts
are used, the other 25% is put back with the original
gift so that it may continue to grow over the years.
If you are interested in making a
perpetual giving gift or naming us in your estate
planning, please contact Nancy Steveson, Executive
Director at 641-752-4688 or e-mail us at unitedway@mailmis.com.
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