CMC Establishes New Friends Fund

From the Director’s Desk The Mustard Seed, Winter/Spring 2013

In December, while we were busy accepting generous donations of gifts, food, and supplies for the clients and the Center, the board and staff were also making an investment in the future of CMC. That investment is the establishment of the Catherine McAuley Center Friends Fund at the Greater Cedar Rapids Community Foundation. Most of you know that CMC established an Endowment many years ago that has grown to provide a nice level of support on an annual basis. So why a new fund?

We want our donors to get the most value from their donation and do the most good for our community with their gifts. Through a state program called Endow Iowa, donors who make eligible gifts to the CMC Friends fund at GCRCF receive a 25% tax CREDIT in addition to the federal charitable income tax deduction for certain charitable gifts.

I’d like to extend a special thanks to the several board members who made their annual contribution to CMC and also made a donation to help establish the CMC Friends Fund at GCRCF.  Thanks to our board’s leadership in establishing this fund, we have new opportunities for our supporters to ensure that we are able to serve our students and residents for many years to come.

If you are interested in receiving special tax incentives while helping to grow our new fund, please contact me at 319-731-0450 or paula@cmc-cr.org

Paula Land, Executive Director

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