top of page

FUND DISTRIBUTIONS

PRESERVING CAPTIAL 

The Community Foundation’s objective is to achieve a total return that exceeds the sum of:

  • The annual distribution rate

  • Rate of inflation

  • The cost of portfolio management.

DISTRIBUTION RATE

The current distribution rate of the North Lee Community Foundation is 4.5%. This decision was based on careful consideration of three key factors:

  • Market Forecasts

  • Understanding that a distribution rate of 5.0% would not enable the funds to realize the North Lee Community Foundation’s investment objectives.

  • A desire to align the North Lee Community Foundation’s distribution rate with those of the majority of community foundations nationally.
     

DISTRIBUTION CALCULATIONS:

  • If the gift is received in the 1St quarter, the distributable amount on December 31 is x 100% x 4.5%.

  • If the gift is received in the 2nd quarter, the distributable amount on December 31 is x 75% x 4.5%.

  • If the gift is received in the 3rd quarter, the distributable amount on December 31 is x 50% x 4.5%.

  • If the gift is received in the 4th quarter, the distributable amount on December 31 is x 25% x 4.5%.

CONTACT US

Contact us to discuss how we can assist you with your personal philanthropy goals.

ROGER2.jpg

Roger R. Ricketts

Executive Director 

319.795.1407

info@northleecf.org

North Lee Community Foundation

P.O. Box 341

Fort Madison, Iowa 52627

Phone: 319.670.0207

Send Us a Email 

North Lee Community Foundation provide a LOCAL and simple way for people to impact what matters most to them in their community. We do this by working with individuals, families, and businesses to create charitable solutions that match their passions, maximize tax benefits, and create a philanthropic legacy for generations to come.

Privacy Policy

Copyright 2024 North Lee Community Foundation

bottom of page