Coralville Affiliate Fund grows to serve

Jan 15, 2009

Just three years after establishing an Affiliate Fund at the Community Foundation of Johnson County, Coralville is now working to reach a new strategic goal – a $200,000 campaign to endow the fund.

The Coralville Community Fund has a good record of success to ensure its future and a successful campaign goal.

In 2006, a Founders' Campaign launched the Coralville Community Fund. Founding affiliate fund trustee David Revier challenged other trustees, matching dollar-for-dollar the funds they raised. The group raised more than $8,000.

Keith Jones, Hills Bank Senior VP and fund chair, is pleased with the fund's growth and optimistic the fund will continue to grow. "The Coralville Community Fund is a great opportunity to support the Coralville community. Supporters who are passionate about our community can pledge assistance and leave a lasting legacy for future generations."

The Coralville Community Fund has awarded grants every year since forming, and the number of grant applications received increases every year. Grants are given to nonprofit organizations that serve Coralville residents and the community.

Now, the group, working hand-in-hand with the Community Foundation of Johnson County, has developed a marketing presentation to share with service groups and other potential contributors to create greater awareness and raise endowment funds to benefit worthy Coralville nonprofit organizations.

Keith says, "Coralville has done a fabulous job of planning strategically for its future. The Coralville Community Fund is also planning for its future. Supporting the fund is a wonderful gift to a community that has given us and our families a great place to live, work and play. And, the Community Foundation of Johnson County is an excellent repository.

"The Foundation properly manages our community's affiliate funds to ensure steady growth through the years given a positive economic environment. It's a fantastic partnership."

Last year, the Coralville Affiliate Fund awarded 7 grants totaling $6,000 to:
• Iowa Children's Museum
• Center for the performing arts
• CV Central PTO
• Coralville Acquatic center
• Junior Achievement for programming at NorthWest Junior High
• Hawkeye Area Council Boy Scouts at Kirkwood Elementary to promote Scouting
• CV Aisle of Lights (through Historical Society)

Category: Partners Project