Nebraska Community Foundation members enjoy Imperial visit
Members and state staff of the Nebraska Community Foundation met last week for peer-guided workshops.
The group kicked off their two-day learning sessions with lunch last Thursday, followed by some peer-learning sessions.
One big point the foundation stresses in the benefits of unrestricted endowments.
Unrestricted endowments are essentially that: unrestricted. There are many areas these endowments can be used for, according to Nebraska Community Foundation CEO Jeff Yost.
“You could use them to buy new playground equipment, but we’re really interested in bigger things than that,” Yost said.
According to Yost, the ultimate goal here is to attract a certain type of person to our community.
“So what are the things this person needs in a community to come here?” he said.
Does this person have a special needs child? Do they want AP classes in the schools? Early childhood education? Housing? High-speed internet?
The foundation helps these volunteer community leaders build up these potfuls of unrestricted endowment to make these ideas possible.
“You can’t make anybody do anything...we can only inspire these people. They have to understand that there’s something in it for them,” Yost said.
The Imperial Community Foundation Fund has accomplished many things through unrestricted endowment since its birth in 1999, such as contributions to the new pool and the HEAR Nebraska tour to name a few.
“I think this is a time for Imperial to shine with other community leaders,” Garey said.
Another big part of the foundation is the idea of the transfer of wealth.
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