SHELLSBURG AREA COMMUNITY GROUP > ENDOWMENT FUND
Shellsburg Area Community Group has established the Shellsburg Area Community Endowment Fund in conjunction with the Benton County Community Foundation, an affiliate of the Community Foundation of Northeast Iowa, to provide an avenue for charitable people to support community improvements for generations to come.
So what is an Endowment?
In simplest terms, endowment means to provide a forever source of income. This charitable fund ensures a permanent source of funding, meaning the dollars are invested and only the income from the fund is utilized, to support the Shellsburg community forever. Thanks to generous donations from SACG members, the fund established just a couple of months ago is already at nearly $10,000. Contributions to this fund will support park improvements, economic development activities, trails, community beautification, local events, and much more! Gifts to the Shellsburg Area Community Endowment Fund are eligible to receive a 25% state tax credit through the Endow Iowa program. Your gift will also be eligible for federal deductions for charitable giving.
Learn more about the fund or make a gift here.