FUND DISTRIBUTIONS

PRESERVATING CAPTIAL 

The Community Foundation’s objective is to achieve a total return that exceeds the sum of:

  • The annual distribution rate

  • Rate of inflation

  • The cost of portfolio management.

DISTRIBUTION RATE

The current distribution rate of the Keokuk Area Community Foundation  is 4.5%. This decision was based on careful consideration of three key factors:

  • Market Forecasts

  • Understanding that a distribution rate of 5.0% would not enable the funds to realize the Keokuk Area Community Foundation’s investment objectives.

  • A desire to align the Keokuk Area Community Foundation’s distribution rate with those of the majority of community foundations nationally.
     

DISTRIBUTION CALULATIONS:

  • If the gift is received in the 1St quarter, the distributable amount on December 31 is x 100% x 4.5%.

  • If the gift is received in the 2nd quarter, the distributable amount on December 31 is x 75% x 4.5%.

  • If the gift is received in the 3rd quarter, the distributable amount on December 31 is x 50% x 4.5%.

  • If the gift is received in the 4th quarter, the distributable amount on December 31 is x 25% x 4.5%.

CONTACT US

Contact us to discuss how we can assist you with your personal philanthropy goals.

ROGER2.jpg

Roger R. Ricketts

Executive Director 

319.795.1407

roger.ricketts@keokukfoundation.org