Fund Distributions

 Preserving Capital and Honoring Future Generations

The Community Foundation’s objective is to achieve a total return that exceeds the sum of: 1) the annual distribution rate, 2) rate of inflation and 3) the cost of portfolio management.

Distribution Rate

The current distribution rate of the Keokuk Area Community Foundation and Greater Cedar Rapids Community Foundation and  is 4.5%. This decision was based on careful consideration of three key factors: 1) market forecasts, 2) understanding that a distribution rate of 5.0% would not enable the funds to realize the Community Foundation’s investment objectives and 3) a desire to align the Community Foundation’s distribution rate with those of the majority of community foundations nationally.

In 2013, Distributions From a Donor Advised Fund Will Be Calculated As Follows…

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%.