October 28, 2008October 28, 2008

Community Foundation of the Ozarks works to Community Foundation of the Ozarks works to enhance the quality of life for our citizens now and enhance the quality of life for our citizens now and

for future generations by for future generations by building community building community endowmentsendowments, meeting needs through , meeting needs through

grantmakinggrantmaking, providing , providing leadershipleadership and promoting and promoting collaboration on community issuescollaboration on community issues..

The Harry Cooper Supply The Harry Cooper Supply Company Campaign for the Company Campaign for the

OzarksOzarks

Update for AffiliatesUpdate for Affiliates

Thank you!Thank you!

Thank you to everyone who is Thank you to everyone who is participating in the Harry Cooper Supply participating in the Harry Cooper Supply Company Campaign for the Ozarks!Company Campaign for the Ozarks!

Additionally, we would like to say a Additionally, we would like to say a special thanks to Harry and John Cooper special thanks to Harry and John Cooper for making this challenge possible!for making this challenge possible!

Presentation PreviewPresentation Preview

1.1. PurposePurpose

2.2. CongratulationsCongratulations

3.3. TimelineTimeline

4.4. Second PhaseSecond Phase

5.5. Final Push StrategiesFinal Push Strategies

6.6. Questions & AnswersQuestions & Answers

The PurposeThe Purpose

The purpose of the Community Foundation of the The purpose of the Community Foundation of the Ozarks Harry Cooper Supply Company Campaign Ozarks Harry Cooper Supply Company Campaign

for the Ozarks is to utilize a challenge grant for the Ozarks is to utilize a challenge grant program to strengthen regional community program to strengthen regional community

foundation affiliates by:foundation affiliates by:

Enhancing community grantmaking endowments;Enhancing community grantmaking endowments;  

Establishing administrative/operations Establishing administrative/operations endowments; andendowments; and

  Supporting appropriate and best practices by Supporting appropriate and best practices by

community foundation board of directors.community foundation board of directors.  

Congratulations!Congratulations! Seven Affiliate Community Foundations have Seven Affiliate Community Foundations have

already made their 2008 Challenge goal!already made their 2008 Challenge goal!

AuroraAurora BourbonBourbon Community Foundation of SW MO, Inc.Community Foundation of SW MO, Inc. EldonEldon MarshfieldMarshfield Mtn. GroveMtn. Grove Ozark CountyOzark County

Total raised (as of yesterday): $652,651.83Total raised (as of yesterday): $652,651.83 To date, $1.3 million in new grantmaking and To date, $1.3 million in new grantmaking and

administrative endowments have been administrative endowments have been created because of this program.created because of this program.

Timeline/ Projected TimelineTimeline/ Projected Timeline► April 12, 2006 – Affiliate conference attendees agree by

consensus to endorse the exploration of a comprehensive challenge grant program.

► August 16, 2006 – Community Foundation of the Ozarks board of directors adopts the following FY07 action plan item: Develop a strategic plan for a “Philanthropy Initiative Phase II,” a longitudinal effort to build administrative endowments, unrestricted endowment, and provide board development for the affiliated community foundations.

► February 23, 2007 – Regional committee meets in Branson to develop “P.I. Phase II” framework.

► March 7, 2007 – Regional Committee presents “P.I. Phase II” framework to Affiliate Conference attendees for review and input.

► May 16, 2007 – Regional Committee presents program proposal to C.F.O. board of directors for their approval. Board approves moving forward with Philanthropy Initiative Phase II.

► August 30, 2007 – Leadership Challenge Grant Pool is secured and program naming is finalized.

► December 31, 2007 – Secondary challenges are finalized, and participating community foundations declare intent to participate.

► December 31, 2008 – First Phase matching program deadline, second phase begins

► February 28, 2009 – Second phase matching program deadline and program completion.

Cooper Challenge: Second Cooper Challenge: Second Phase Phase

Community Foundations who Community Foundations who have successfully completed their have successfully completed their Cooper Challenge goal by Cooper Challenge goal by December 31December 31stst will be eligible for will be eligible for participation in the second phase participation in the second phase of the program.of the program.

IRA Charitable RolloverIRA Charitable Rollover

The IRA Charitable Rollover is an excellent The IRA Charitable Rollover is an excellent way for donors to help you reach your way for donors to help you reach your

Cooper Challenge goals.Cooper Challenge goals.

1.1. Donor must be at least 70 ½. Donor must be at least 70 ½. 2.2. The check must be issued to the charity The check must be issued to the charity

from the IRA custodian.from the IRA custodian.3.3. Contribution may be up to $100,000.Contribution may be up to $100,000.4.4. May be used to satisfy the required May be used to satisfy the required

minimum distribution (RMD).minimum distribution (RMD).5.5. Effective for 2008 and 2009.Effective for 2008 and 2009.

Final PushFinal Push

It is time to make the final push to It is time to make the final push to achieve your Cooper Challenge achieve your Cooper Challenge goals. Let’s discuss ways you can goals. Let’s discuss ways you can achieve this goal!achieve this goal!

Questions and DiscussionQuestions and Discussion

Thank you for your Thank you for your participation!participation!