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October 24th
1st Annual Cardinal Greenway Auction
Hontz Hall @ Gas City Park
Doors open at 9:00 a.m.
Auction starts at 10:00 a.m.
Next CF grant application deadline at NOON.
Community Foundation's 25 in 25
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Donate Online
to any fund by clicking on our donation button.
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Life is a great big canvas;
throw all the paint on it you can.
~Danny
Kaye (1913-1987) Entertainer
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Why Give Away Money?
by
Ed Russell
I can honestly say that I miss every dollar I ever gave to any
charity. That's because I find it hard to make money and hard
to nurture money to grow, and hard to be frugal in the expenditure of
money. Money requires discipline, hard work and
sacrifice. So why give it away?
Different people have their own reasons but let me share the four
that have been most compelling for me: Example, Statement,
Synergy, and Spirituality.
I give money as an example to others so they will be encouraged to
support the causes I support. Money is like a vote that we all
cast. The more we spend on a certain kind of coffee shop the
more of those kind of coffee shops will show up in the world.
In the same way, if your values dictate that there should be more
help for troubled youth (or whatever your cause may be) then voting
for those values with your dollars not only helps bring more of the
service into the world but it also inspires others to join your
cause.
I also give money to make a statement. It's easy to grouse
about what's wrong with the world or even to spout grand value
statements. But unless I put my money where my mouth is, it is
"all sound and fury amounting to nothing." I believe
that 100 years from today, all our toil, our trials and even the
memory of our names may be forgotten. All that will be left
will be our acts of love. Our contributions will live on anonymously,
nurturing and supporting future generations in the same way that the
contributions of past generations support us today - giving us a
better life than most of our benefactors ever knew. I give
because I want to stand up and be part of humanity's legacy of good
(as opposed to its other legacy).
However, not all my motivation for giving is selfless; I like to give
whenever I see an opportunity for business synergy. Some
businesses spend thousands of dollars on advertising when the synergy
created by charitable giving may be a far more effective use of their
money. I have personally experienced new business as a direct
result of my name being associated in the media with charitable
giving.
Another way I have used charitable giving in business is to make
donations in honor of my top clients. It has been one of my
most effective means to solidify a client's loyalty.
Finally, I give as an act of spirituality. Sacrificial giving
(i.e. - giving that hurts) is a cleansing, renewing experience.
It is a concrete way to display to yourself that you have not become
captive to materialism: that your life is about more than
money.
For me, the biblical 10% is the minimal annual giving goal. But
I have known people - often people who are quite poor themselves -
who have given more. I have even witnessed a person who gave
all they owned to help another in need. My gifts in comparison
are small, but they are sacrificial just the same. They keep me
grounded. They are a way for me to ensure that I control my
money - rather than the other way around. Everyone has their
own reason for giving. These happen to be four of mine.
Dr.
Ed Russell is a former recipient of the Porter County Community
Foundation's Outstanding Professional Advisor award. He served on the
Board of Directors for the Foundation from 2001 to 2008. Ed, along
with his wife Mary, are now retired and living in Carmel, IN.
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November 13, 2009 - Pencil it in!
Friday, November 13th
could be your lucky day!
In celebration of the
Community Foundation's 25th Anniversary, we are launching an
online giving campaign that could benefit our any endowed
fund held at the Community Foundation. Yes, you can donate to the
charitable organization of your choice. Donations between
$250 and $1000 could be matched at a 1:4 ratio as a way to leverage
your charitable dollars as a donor.
The match will apply to donations made between 12:00 a.m. Friday,
November 13th through 1:00 a.m. Saturday, November 14th or until the
$5000 cap is committed, whichever comes first. So, plan to make
your donation early in this 25-hour campaign opportunity.
Donations can be made at www.comfdn.org by clicking "Donate
Now".
So, plan to increase
your charitable deductions to your favorite charity, improve the
quality of life in Grant County, and make your money work for you all
at the same time.
And, tell your
friends, too...Matches like this don't come around often!
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Would
you like to receive increased income and an immediate tax deduction? Click
here to receive our brochure entitled In Giving You
Receive and learn more about the benefits of setting up a charitable
gift annuity.
Personal
Planner
Jacqueline
Onassis Will or Bing Crosby Trust?
Jacqueline
Kennedy Onassis was diagnosed with cancer in January of 1994. She
signed a will in the New York offices of a large law firm on March
22, 1994. She passed away just two months later on May 19, 1994 at
the age of 64.
Savvy Senior
Energy
Programs that Can Help Seniors Save
Dear
Savvy Senior,
I've heard that there are some government programs that help seniors
make home improvements to reduce their energy bills this year. What
can you tell me about this?
Following
a marathon session with consideration of over 500 amendments, the
Senate Finance Committee completed work last week on The America's
Healthy Future Act of 2009. Senate Finance Committee Chair Max Baucus
(D-MT) was obviously pleased with the results.
Marriott
International, Inc. reported a $466 million quarterly loss this week.
Third-quarter income was at $53 million, a 57% decline over the same
quarter of last year.
Treasurys
prices rose this week pushing yields to a five-year low as the
government prepared to sell 30-year bonds. With money market rates
low, investors are gravitating towards Treasurys as a
"safe" investment.
Freddie
Mac reported 30-year mortgages at the lowest level in four months
this week, near the all-time low reached earlier this year in April.
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Frances Willard once said, "I would not waste my
life in friction when it could be turned into momentum".
So true! What can you do this week that increases
momentum...a.k.a. The Big MO? Think about it, then do it!
Building a Tradition of Giving,
Dawn Brown, CFRM
Community Development Officer
Community Foundation of Grant County
Feel free to visit
www.comfdn.org/donors.htm for present and past eNewsletters and
articles.
Our website is open 24
hours a day!
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Community Foundation of Grant County is confirmed in
compliance with the National Standards for U.S. Community Foundations
by the Council on Foundations.
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Note:
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