Plan for Your Family, Invest in Your Community’s Future
When it comes to estate planning, imagine a way to provide for your family and also invest in the place you call home. Setting aside even a small portion of your assets today could make a lasting impact, supporting local needs like education, the arts, housing, and other community priorities that will benefit for generations.
Siouxland has an incredible opportunity before us. Across the country and right here in our community, a historic transfer of assets is expected over the next decade. In fact, a recent study from the *University of Minnesota and the Iowa Council of Foundations projects that $38.7 billion is set to transfer between generations in Iowa alone.
This is a chance to create a dual legacy – one for your loved ones and one that gives back to our community. If everyone allocated just 5% of their assets to build endowments at qualified community foundations like the Siouxland Community Foundation, an estimated $1.5 billion would be retained here in in Iowa over the next decade, providing a steady stream of support to local causes. Over 20 years, this small 5% could grow to $2.7 billion and yield $1.8 billion in grants for local needs, from educational initiatives and basic needs to arts, child care, and infrastructure.
Why it matters? When family assets are inherited by those who live outside the area or relocate, those resources often leave our community for good. However, by endowing just a small portion with the Siouxland Community Foundation, those assets can remain in Siouxland, creating lasting benefits.
Dedicating just 5% to a charitable endowment will have a powerful, enduring impact on Siouxland—and offers you the additional benefit of a 25% State Tax Credit through Endow Iowa.
We’re here to guide you through every step, working alongside you and your professional advisor. From real estate to retirement accounts, nearly any asset can be transformed into lasting impact. For more information, reach out to us at the Siouxland Community Foundation. Together, let’s create a legacy for our community – one that ensures a vibrant future for all.
Contact us to get started:
Katie E. Roberts, Executive Director
712.293.3303
or katie@siouxlandcommunityfoundation.org
* Winchester, Benjamin and Aiden Opatz (April 2024). Transfer of Wealth Opportunity: State of Iowa Full Detailed Study. University of Minnesota Extension Department of Community Development
