COMMUNITY 3 Fall 2009 L Loren Coppock delivered the following remarks to members of the William Quarton Heritage Society at their annual luncheon in June. Loren’s genuine interest in seeing our community thrive is evident in him and his wife Patti, and in their dedication to the power of philanthropy. Some people just know they want to help others. Some know they have received more than they could ever spend. They recognize that with wealth comes a responsibility to create something, not just consume more. The creation of a life policy in 1991 was the first step for my wife, Patti, and me in fulfilling our philanthropic goals and objectives. In doing so, we found it wasn’t that easy. We needed someone else to own the policy if it was to be a gift and we had multiple beneficiaries in mind. We didn’t want it in my estate or my wife’s estate. That was when we went looking for a “Community Foundation” or something similar. I happened on the National Trust in Tennessee. They had sent me all of their information and I had discussed it with them by phone before I was even made aware of the fact that Malcolm Peel was the director of something called the Greater Cedar Rapids Community Foundation. I met Malcolm and he explained the Greater Cedar Rapids Community Foundation and after a couple of months of putting things together, we closed the deal. I was 42 at the time and we were delighted that we were on our way to doing something special for our community and some of our favorite charities. Last December we entered the second stage of our lifetime planning with the sale of a highly-appreciated business Fulfilling Giving Goals and Intent: A Donor’s Perspective 4 interest that gave us the chance to leverage our intentions like almost no other lifetime event can do. We also learned about Endow Iowa at that time. If you have charitable intent, you need to understand this incredible enhancement to a donor’s ability to maximize his/her philanthropy. Thanks to many of our local legislative leaders, especially Rob Hogg and Swati Dandekar, Iowa is the first in the nation in legislative foresight in building endowment wealth. Future generations in our area will be huge beneficiaries of this wonderful program. I don’t know yet what our next step will be. Perhaps it will be further contributions to our 2008 Fund. Perhaps it is an estate gift. We plan to stay alert to the many opportunities that present themselves in the coming years. continued on page 3 Quarton Society Members, Patti and Loren Coppock
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Fall 2009 Greater Cedar Rapids Community Foundation Newsletter
Quarterly newsletter of the Greater Cedar Rapids Community Foundation in Cedar Rapids, Iowa. Fall 2008 issue includes: spotlight on Quarton Society members, Patti and Loren Coppock and their perspective on fulfilling giving goals and donor intent; Block by Block program rebuilding flood Cedar Rapids neighborhoods; Flood 2008 Fund grant update; Endow Iowa Tax Credit Program and nonprofit spotlight on Young Parents Nework.
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COMMUNITY
3
Fall 2009
LLoren Coppock delivered the following remarks to members of the William Quarton Heritage Society at their annual luncheon in June. Loren’s genuine interest in seeing our community thrive is evident in him and his wife Patti, and in their dedication to the power of philanthropy. Somepeoplejustknowtheywanttohelpothers.Someknowtheyhavereceivedmorethantheycouldeverspend.Theyrecognizethatwithwealthcomesaresponsibilitytocreatesomething,notjustconsumemore. Thecreationofalifepolicyin1991wasthefirststepformywife,Patti,andmeinfulfillingourphilanthropicgoalsandobjectives.Indoingso,wefounditwasn’tthateasy.Weneededsomeoneelsetoownthepolicyifitwastobeagiftandwehadmultiplebeneficiariesinmind.Wedidn’twantitinmyestateormywife’sestate.Thatwaswhenwewentlookingfora“CommunityFoundation”orsomethingsimilar. IhappenedontheNationalTrustinTennessee.TheyhadsentmealloftheirinformationandIhaddiscusseditwiththembyphonebeforeIwasevenmadeawareofthefactthatMalcolmPeelwasthedirectorofsomethingcalledtheGreaterCedarRapidsCommunityFoundation. ImetMalcolmandheexplainedtheGreaterCedarRapidsCommunityFoundationandafteracoupleofmonthsofputtingthingstogether,weclosedthedeal.Iwas42atthetimeandweweredelightedthatwewereonourwaytodoingsomethingspecialforourcommunityandsomeofourfavoritecharities. LastDecemberweenteredthesecondstageofourlifetimeplanningwiththesaleofahighly-appreciatedbusiness
WendyBlood, Office administratorJeanBrenneman, director of FinanceAmberA.Mulnik, director of Communications
DebOrr, Office assistant ElizabethPollard, Grants Program associate
BudSynhorst, CFRE, vice president of Resource DevelopmentKarlaTwedt-Ball, vice president of ProgramsJosieVelles, Foundation Services manager
sPecial Programs staff KimberlyBeals, Engineering Experiences volunteer coordinator KatieGiorgio, marketing assistant, Linn County Nonprofit Resource Center BarbaraKlawiter, REACT Center administrator RobertUntiedt, executive director, Linn County Nonprofit Resource Center
Community is published triannually by the Greater Cedar Rapids Community Foundation, 200 First Street SW, Cedar Rapids, Iowa 52404. Your comments and suggestions are welcome. Please write, call (319.366.2862) fax (319.366.2912), or e-mail [email protected].
evaluatethegreatestneeds,yearbyyear,andresponddirectly. LikeHowardHall,CalBasileandBillQuarton,wecanallreachintothefutureandhelpsomeonewithincredibleneedwhowewillneverknow—someonewhocouldn’tpossiblyrepaythatkindness.Thesegiantshaveshownusallanimportantpathandinspiredmywifeandmetojointheranksinoursmallway. Loren Coppock is a member of the Greater Cedar Rapids Community Foundation board of directors. He and his wife, Patti, are members of the William Quarton Heritage Society and also have a donor-advised fund to benefit the Cedar Rapids area. The William Quarton Heritage Society is an inclusive group of more than 200 people who have made a permanent gift to the Greater Cedar Rapids Community Foundation by establishing an endowed fund or intend to make a planned gift. For more information on this society, visit www.gcrcf.org/page22358.cfm or contact Bud Synhorst at 319.366.2862 or [email protected].
On hand to receive the donation was Bud Synhorst, vice president of Resource Development along with Jean Brenneman, Director of Finance for GCRCF; Brian Christoffersen, Principal of Taylor Elementary School; Amy Geiger, Executive Director of the Cedar Rapids School Foundation; and Bob Reitz, Chair of the Cedar Rapids School Foundation.
Cedar River Soccer Association Raises Money for Flood Relief
b Whenthathappens,customizedsolutionsarecraftedandworkbegins.Workcouldbesomethingassimpleashangingadoororascomplexasrebuildingafoundation.
b Eachhomeownerontheblockwillfirsthavetodecidetorehabilitatethepropertyandremaininthehome,orsellthepropertyeitherthroughprivatesaleorwaitforacitybuyout.
b Ifthehomeownerwantstorehabilitate,BlockbyBlockdoestheworktomakeithappen.Usingskilledvolunteerlabor,donatedmaterialsandBlockbyBlockresources,thepropertywillbesuccessfullyrehabilitated.
b Forthosehomeownerswhoelecttosell,BlockbyBlockwillrehabilitatethehouseatanaffordablelevel,assistinsellingthepropertytothecity,orworkwiththenewownertoensurethepropertyismaintained.
Above and opposite: Hundreds of volunteers from the United Methodist Church will provide labor to rehabilitate homes as part of the Block by Block. The Iowa Conference of United Methodist Church also made an initial donation of $200,000 to the program.
John and Dyan Smith of Cedar Rapids
have provided a $1 million gift from their charitable donor-advised fund held at the GCRCF to Block by Block.
Block by Block started in the 1300 block of
8th Street NW in Cedar Rapids and was chosen because neighbors are
already working hard to build relationships and bring their block back.
Flood2008FundGrantRecipientsJune–August2009b $25,000 to Abbe Inc. for Abbe
Center for Community Mental Health Disaster Recovery Worktocontinuementalhealthoutreach,counselingandeducationservicesforindividualsaffectedbytheflood.
b $25,000 to Abbe Inc.for Aging Services: Remaining Independent Fundingfordiscretionaryfundingtohelpwithflood-relatedneedsofthoseage55andolder.
b $25,000 to Abbe Inc.for Witwer Center: Reducing Transportation Barriers forWitwerCenterParticipantstohelpclientsandresidentsofGenevaTowerswithtransportationtoandfromtheGreenSquareMeals/EcumenicalCenter.Otherflood-impactedindividualswillbenefitfrombuspassesorLIFTSassistance.
b $25,000 to Abbe Inc.for Kingston Hill: Making Kingston Hill Home toprovideaffordable,independenthousingatareducedrateforflood-affectedelderlyindividuals.
b $25,000 to Affordable Housing Network, Inc.for AHNI Six-Plex Apartment Rehabtorehabilitateandrepairanapartmentsix-plexat420BAvenueNWinCedarRapidsthatwasdonatedtotheAffordableHousingNetwork.
b $25,000 to the Area Substance Abuse CouncilforClientAssistancetoestablishadiscretionaryfundtohelpcurrentandformerclientswhowereimpactedbythefloodwithfinancialsupportastheirrecoveryplansprogress.
Listof2009President’sFundgrantawardstodate.b $1,500toBrucemore,Inc.for the
Nonprofit Innovation Award
b $2,000toAbbeInc.for PLAY grant-writing assistancefor I-JOBS application (Witwer as fiscal agent)
b $750totheCedarHillsNeighborhoodAssociationforthe filing fee for 501(c)3 application
b $300totheRobinsCivicClubfor their 501(c)3 application fee
b $2,000totheSouthsideInvestmentBoardfor start-up activities
b $150totheUnitedWayofEastCentralIowa for helping VISTA volunteers to participate in commemorative flood events like the Flood Run
b $1,500totheWellingtonHeightsNeighborhoodAssociationfor replacement of a water main
b $1,500toFourOaksFamilyandChildren’sServicesfor the Nonprofit Innovation Award
b $2,000toHisHandsMinistriesto repair a leaking roof
b $1,500totheIowaValleyHabitatforHumanityfor the Nonprofit Innovation Award
b $1,965totheUnityCommunityGardenfor a community garden to assist low-income families and free meal programs
b $1,500toYoungParentsNetworkfor the Nonprofit Innovation Award
b $2,000totheAssociationofFundraisingProfessionals fortheir Mid-America Conference 2009
b $1,000totheChristEpiscopalChurchfor the Summer Reading Camp for Johnson Elementary School
Flood 2008 Fund Update
8TheGreaterCedarRapidsCommunityFoundation
b $1,500 to the Cedar Boat Clubtorestorethemeetinghousethatwasdestroyedbythefloodof2008.
b $2,800 to Christ Episcopal Church topurchaseaninstitutionalrefrigeratorandicemakerduetoincreaseddemandwiththechurchhostingvolunteergroupsassistingwithfloodrecoveryandrebuildingefforts.
b $20,000 to Community Corrections Improvement Associationfor VISTA Flood Recovery topurchasenewandreplacementbuildingtools,permanentsafetymasksforvolunteersandadministrativecoststocoordinateAmericorps/VISTAvolunteers.
b $25,000 to Echo Hill Presbyterian ChurchforfundingtocontinueMeet&EatProgramtobelocatedatFirstPresbyterianChurchthissummer.
b $700,000 to Matthew 25 Ministry Hub and the Affordable Housing Networkfor Block by Blocktoidentifyandassistfloodedneighborhoodswithcustomizedrebuildingsolutions.TheIowaAnnualConferenceoftheUnitedMethodistChurchofIowaisprovidingvolunteerstohelpwithrebuildingefforts.ThefirstneighborhoodtoparticipateinBlockbyBlockisthe1300blockof8thSt.NW,betweenLandMavenues.Thegoaloftheinitiativeistorehabilitateand/orrebuildeightblocksbytheendof2009.
b $3,400 to New Bohemiafor the New Bohemia Arts Festivaltowaivejuriedartshowandexhibitfeesfor
b $25,000 to Olivet Neighborhood Missionfor Clothing Closet and Food Pantrytoestablishadiscretionaryvoucherfundandtohelpwiththefoodpantryinventoryandincreasedstaffingneedsduetogreaterdemandpost-flood.
b $25,000 to Partnership for Safe Families for Family Support Funds fordiscretionaryfundstoaddressremainingneedsofflood-affectedfamilies.
b $25,000 to Four Oaks Family and Children’s Servicesfor Support ServicesforStudentswithMentalHealthNeeds.FourOakshaspartneredwithAbbeInc.tocreateAbbeOaks,aspecialtyclinicforchildrenwithmentalhealthproblemsandtheirfamilies.Thisgrantwillsupporttheworkofacommunity/familysupportspecialisttoimplementthisintegratedtreatmentplanforflood-affectedchildrenwhoarenotcoveredbyTitle19.
b $25,000 to Hands on Worldwide Inc. for Project Cedar Rapids – Rebuild topurchaserebuildingmaterialsastheyworkwithotherlocalvolunteergroupstorebuildhomes.
b $25,000 to Helping Hands Ministry for Flood Recovery Funding tohelpmeetthefinancialneedsofflood-affectedindividualswhorequestassistance.
b $50,000 to Horizons: A Family Service Alliancefor Flood Them with Love, Part 2toassistanadditional25-50flood-affectedfamilieswithrebuilding/furnishinghomes,supplyinghouseholdproducts,homesafetyimprovementsanddiscretionaryneeds.Currently,theorganizationworkswith72families.
b $25,000 to Matthew 25 Ministry Hubfor the Matthew 25 Tool Library tohireaskilledstafftomanagetheday-to-dayoperationsofthetoollibraryanddrivetheprocessoflong-termprogramdevelopment.
b $25,000 to Prairiewoods for Assisting Families in the Flood Recovery Process, Part 2tocontinuetheirsupportofthreeexistingflood-affectedfamiliesandtotakeonfivenewfamiliesinneedoffinancialandemotionalsupport.
b $25,000 to Rebuilding Palo Fund, Inc. for Rebuilding Palo toprovideadditionalassistancetoPalohomeownerstopurchasetools,buildingmaterialsandlabortorebuildhomes.
b $25,000 to Horizons: A Family Service Alliancefor Flood Them with Love toassist20-25flood-affectedfamilieswithrebuilding/furnishinghomes,supplyinghouseholdproducts,homesafetyimprovementsanddiscretionaryneedssuchasutilitybillsandrentpayment.
b Injustfiveyears,donorshavegivenmorethan$50milliontocommunityfoundationsacrossthestatethroughtheprogramalone.
b EndowIowahasspurredthedevelopmentofmorethan250endowedfundsattheGCRCFsince2003.
b DonorgiftsaroundIowahavesupportedthebuildingofnewplaygroundsatareaschools,improvementstocommunityparksandbiketrails,thepurchaseofemergencymedicalequipmentforuseinlocalpublicspaces,entrepreneurshiptrainingandlocalmarketingefforts.