Don R. and Marsha D. Pedersen Charitable Fund


When Don and Marsha Pedersen, longtime area philanthropists, were seeking a way to continue giving to the nonprofit organizations they have long supported after they have died, they said they found a partner in the Community Foundation of the Great River Bend.

The Pedersens have been long supporters of the Marriage and Family Counseling Service in Rock Island, Quad-City Symphony, Camp Abe Lincoln and their church, First Presbyterian Church in Davenport.

They have established a Charitable Giving Fund and several endowments to support the causes they hold dear. “We feel we’ve been very fortunate,” said Don Pedersen, 75, a retired engineer. “We have more than our kids are going to need.”

Marsha Pedersen, 72, said that when people give to a nonprofit for so long and then suddenly that giving stops for whatever reason, it leaves a big hole in the financial planning of that organization. They wanted to prevent that from happening to the organizations they support. “You don’t have to have a lot of money to do this,” she said. “You can start with a little bit.”

Most importantly, Marsha Pedersen said, an endowment is a way to ensure that the charities people have supported in their lifetimes are supported into the future when they are gone.

"Through his estate, Ed wanted to provide for his family and give something back to the community."

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