Mission

The Cedar Falls Community Foundation inspires and connects individuals, families, and organizations to enhance our community, support non-profits, elevate educational opportunities, and build legacies through philanthropy.

Vision

To be a champion of local philanthropy and a trusted, empowering partner to donors who are passionate about enriching the community of Cedar Falls.

The Cedar Falls Community Foundation values:

→The power of community-focused philanthropy
→The responsible stewardship of resources
→The utilization of best practices
→The impact of community engagement

The Cedar Falls Community Foundation (CFCF) is a fully accredited community foundation. Cedar Falls Community Foundation donors who establish or donate to a permanent endowment may apply for Endow Iowa tax credits.

This is a substantial benefit to donors.  The Endow Iowa Tax Credit program provides $6 million in tax credits annually, a 25% benefit on donors’ Iowa tax return. Even taxpayers who do not itemize their deductions may claim an Endow Iowa Tax Credit equal to 25% of their contribution (so long as they are awarded an Endow Iowa Tax Credit for an eligible gift). Contact the Cedar Falls Community Foundation for more information.

The Cedar Falls Community Foundation began as the Cedar Falls Civic Foundation in 1976. Mayor Jon T. Crews was the catalyst, calling together a meeting of citizens to try to raise private funds to do things for the public good, things that could not be accomplished through taxation. The Foundation was incorporated and certified as a tax exempt organization in 1977. Modest growth in the initial years was followed by a period of substantial growth in the late 1990s which continues today. The Cedar Falls Community Foundation is a nationally accredited community foundation serving Cedar Falls and vicinity.

Board of Directors

Officers:
Russell Curtis, President
Craig Johnson, Vice President
Judith Harrington, Secretary
Eryn Reilly, Treasurer

Jan Andersen, Bill Calhoun, Shannon Closson, Ryan Cose, Russell Curtis, Dave Deaver, Robert Hardman, Craig Johnson, Judith Harrington, Bill Kahler, Ty Kimble, John Lehman, Carol Lilly, Shirley Merner, Tom Paulsen, Joanne Latta Reeves, Eryn Reilly, Jennifer Rodenbeck, Mark Ripplinger.

Board Member Responsibilities July 2017

Financial Information

The Cedar Falls Community Foundation is committed to transparent and responsible asset management. We invite you to view our most recent IRS Form 990.

Annual Report

STRATEGIC HIGHLIGHTS

The highlight of 2016 was receiving accreditation from the National Standards Board.  This accomplishment was two years in the making, a long process that was well worth the effort as it professionalized our policies and processes and made us more aware of who we are as a Foundation and how we can be of service in the community.  We received accreditation on 20 October 2016, two years and two months after beginning the process.  

As an accredited community foundation, one of only seventeen in Iowa, the Cedar Falls Community Foundation may now offer donors who establish or donate to a permanent endowment, access to the Endow Iowa tax credits.   This access is a substantial benefit to our donors.  When donors to CFCF donate to a permanent endowment fund, this entitles them to apply for a tax credit when the donor files taxes.  The Endow Iowa Tax Credit program provides $6 million in tax credits, a 25% benefit on donors’ Iowa tax return.  Even taxpayers who do not itemize their deductions may claim an Endow Iowa Tax Credit equal to 25% of their contribution (so long as they are awarded an Endow Iowa Tax Credit for an eligible gift).

In addition, the Iowa Department of Revenue has considered a married couple to be two individuals, or two taxpayers; therefore, no matter if they file a joint Iowa return or a married filing separately on a combined return, each spouse could claim the maximum Endow Iowa tax credit, per year.  More information on this program is available from Peggy Russell, Iowa Economic Development Authority (515-725-3009).   

LOOKING AHEAD

Our goal for 2017 is to heighten awareness of the Cedar Falls Community Foundation in the community, and share the good news that we are now an accredited community foundation and can provide access to the Endow Iowa tax credits.   We look forward with anticipation to working with donors for the benefit of the community.

Cynthia Sweet
Executive Director
January 2017

2015 Annual Report 2016 Annual Report

Foundation News

12/12/2017

Cedar Falls Community Foundation Awards $20,000 in Scholarships

The Cedar Falls Community Foundation has announced that four $5,000 scholarships have been awarded from the Robert Eller Study Abroad Endowment for Spring 2018 semester. The Robert Eller Study Abroad Endowment was established by emeritus UNI Education Media Specialist Robert Eller to foster the educational, professional, and personal growth of undergraduate students at the University

11/7/2017

Cedar Falls Community Foundation Accepting Grant Applications

The Cedar Falls Community Foundation will accept applications for grants from the Ella Rownd Trust until the end of December 2017. The Ella C. Rownd Trust was established in 1967 under the Will of Ella C. Rownd as a memorial to herself, her husband C. A. Rownd, and their son Fred. In establishing this Trust,