Profiles of Impact: Friends of the Foundation -- Bill and Kathy Storm

Story submitted by William (Bill) Storm

Bill and Kathy StormWith my involvement on the Community Foundation Investment Committee and on the Community Foundation Board of Directors, I have seen firsthand how the Community Foundation has helped caring people in the Quad Cities fulfill their charitable giving goals.

It was only natural that my wife (Kathy) and I would want to help make sure the Community Foundation would have the resources to continue that good work in the future. When we found out about the Endow Iowa Tax Credit it seemed to be the perfect way to create a fund to support the Friends of the Foundation Endowment, while taking advantage of the state
tax credit for our tax planning.

We have used that tax incentive to help fund our Endowment for several years and we feel happy to do what we can to insure that the Community Foundation will help our community for years after we are gone.

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“When you get to the phase in your life when it’s time to return, the Community Foundation can help you return not only treasure, but also some of your time and talent to the community.”

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Did You Know?

Impact Grants may be used to fill a variety of funding needs and provide a quicker turnaround time for smaller project needs.
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