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| November 2011 | Vol 4, Issue 10
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Giving Matters
Door County
Community Foundation |
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Greetings!
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On the Monday following the Sept. 29 wind storm I had breakfast at the Summertime Restaurant Fish Creek. General Manager Brian Hackbarth came by the table to say hello, and I asked him when the electricity was restored to his restaurant.
The good news for the Summertime is that their power was restored in two days. The bad news was that Hackbarth had to throw out a considerable amount of food because of the loss of refrigeration.
When we think about the havoc caused by the nearly 70 mph winds that hit our peninsula, the first thing that comes to mind is the physical damage caused by broken branches and fallen trees. Quite honestly, it never occurred to me that places like the Summertime would lose considerable amounts of food to spoilage. That "hidden" damage is a cost to our community that we don't readily notice. So I started asking around to find out what other hidden costs turned up as a result of the storm.
Read the rest of the story in the Peninsula Pulse... Have a wonderful Thanksgiving! 
Bret N. Bicoy President & CEO Door County
Community Foundation, Inc.
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Our Board of Directors | |
Dick Egan, Chairman
John Herlache, Vice Chairman
Polly Alberts, Secretary
Mike Felhofer, Treasurer
Ruth Barker
Bill Boettcher
Michael Brecke
David Eliot
Richard Hauser
William Goldammer
Marcia Peterson
Nancy Sargent
Jane Stevenson |
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| Donor Advised Fund - A Great Year-End Planning Tool |
If you could benefit from a charitable deduction this tax year, but don't know exactly which charities to support - consider opening a Donor Advised Fund at the Door County Community Foundation.
Opening a Donor Advised Fund at the Door County Community Foundation allows you to make a gift today, thereby moving assets out of your income stream before the tax year ends, but you can decide on the recipient charities in the years to come. A Donor Advised Fund is an excellent planning tool and can help simplify your giving.
It's a simpler, cheaper, and more tax-efficient alternative to creating your own private foundation!
Here's how it works:
- You make a gift of as little as $1,000 to the Door County Community Foundation - you can give cash, appreciated stocks, real estate, or other assets.
- We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
- You receive a tax deduction in the year your gift is made.
- You recommend uses for the fund - working with our professional staff to support the causes and organizations you care about most.
- We handle all the administrative details and issue grants to charities in the name of the fund you establish (if you prefer, grants can be made anonymously).
- Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift - and all future earnings from your gift - can become a permanent source of community capital, giving back literally forever.
Contact Bret Bicoy at (920) 746-1786, or contact your own tax professional to learn more about how a Donor Advised Fund can help you be generous in a very tax-efficient way.
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Several Grant Deadlines Approaching
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The Historic Preservation Fund, working in partnership with the Clifford and Clara Herlache Heritage Foundation, is accepting grant applications through Tuesday, November 22, 2011.
The goal of the Fund is to support the appreciation, enhancement and preservation of historical  landmarks and the cutural heritage of Door County. Application materials for the Historic Preservation Fund are available for download from the Community Foundation's website.
The Door County Service Club Coalition continues to its offer Youth as Resources program which provides mini-grants to support youth groups that serve or educate the community. The Coalition has also extended its Youth in Theatre program which offers mini-grants to theatrical productions in which youth play a significant role. More information and the application materials are available online. The next deadline for these Door County Service Club Coalition programs is Thursday, December 1, 2011.
Contact Christine Henkel at (920) 746-1786 if you'd like more information or to discuss proposal ideas you may have prior to submitting an application.
To learn how you can create your own charitable Fund at the Community Foundation to support the causes and issues important to you, contact Bret Bicoy at (920) 746-1786.
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Grantee Focus: FISC Consumer Credit Counseling Services
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Door County has always dealt with the challenge of having many of its jobs seasonal in nature. Unfortunately, when you factor in our country's economic malaise and the high levels of unemployment, too many folks are accumulating higher levels of debt, losing their homes to foreclosure, and filing for bankruptcy at an alarming rate.
Door County's own FISC Consumer Credit Counseling Services has long helped families work their way out of debt. Their professional staff is specially trained in techniques to allow families to  budget their expenses and develop a sustainable spending plan - thus helping people to avoid foreclosure or bankruptcy. The Community Foundation is an enthusiastic supporter of FISC, offering support for their financial literacy programs for kids.
Unfortunately, FISC is being overwhelmed by clients who are in desperate need of help at exactly the time when donors have less money to give. So if you can spare a few extra dollars, consider making a gift to FISC today. You can contact FISC for details or send your contribution directly to FISC at 57 N. 12th Avenue, Sturgeon Bay, WI 54235.
FISC has received support from the Community Foundation's Education Fund. To incorporate a gift to the Education Fund in your estate plans, or create a Fund to address issues important to you, contact Bret Bicoy at (920) 746-1786.
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The Door County Community Foundation, Inc. is a collection of separate charitable funds set up by individuals, families, non-profit organizations, private foundations and businesses that are managed, invested and disbursed for the current and future good of Door County.
Inspiring People to Give Back to Sustain the Community We Love.
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