The Benton County Historical Society has established an endowment fund with the Benton County Community Foundation. Contributions are currently being sought to build the endowment to ensure that there will be an income stream available for many years in the future.
Until now, fundraising for the Historical Society has been for projects or when a crisis occurs. In fact, the Board is currently undergoing a major fundraising effort for a new heating and cooling system for Vinton Depot.
Funds for the endowment will be invested through the Northeast Iowa Community Foundation who administrates the Benton County Community Foundation. As the endowment grows, the yearly gains can be used by the Historical Society for operating expenses or added back in to the endowment for additional growth.
Anyone can donate to the endowment fund with any amount. Please visit the Benton County Historical Endowment website at http://www.cfneia.org/give/listofestablishedfunds/727-benton-county-historical-society-endowment-fund to contribute through the site or send a contribution to BCHS, P.O. Box 22, Vinton, IA. 52349, please add endowment on the memo line of your check.
The website has extensive information about how an endowment fund works including the Endow Iowa tax credit for larger gifts at http://www.cfneia.org/Give/EndowIowa. Please visit the website or contact BCHS via email at bentoncohistorical@gmail.com or contact Sharon Happel, Board President 319-533-4524 to be directed to a financial professional.
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