Acorn

Acorn Funds

Acorn Funds offer individuals an option to build a permanent charitable
endowment over 10 years. Rather than requiring $10,000 immediately to
begin an endowment, donors make an initial contribution of $1,000 and
pledge a minimum annual contribution of $600 to build their Acorn Fund.
Once $10,000 is accumulated via gifts and income, the Acorn Fund matures to
a charitable endowment from which the donor can advise annual distributions
to support the causes or charities they care about.

An Easy & Flexible Way to Give

* Gifts to an Acorn Fund can be made using cash, credit card, stocks or mutual
funds

* A minimum of $1,000 is required to open an Acorn Fund

* A minimum annual commitment of $600, until the Fund reaches $10,000. At
that time, grants of up to 5% of the previous year's fund balance may be
disbursed to charitable causes or organizations

* Gifts are tax-deductible

* No fees charged while the fund grows

* Receive a 20% Iowa tax CREDIT in addition to the normal state and federal
charitable income tax deductions for funds dedicated for Iowa charitable
causes.

* Can access fund statements and monitor Fund growth online

Acorn Funds are an easy and accessible way to achieve long-term philanthropy
that builds charitable assets forever.

Acorn Funds with the Story County Community
Foundation:

Ames Education Foundation Band Endowment Fund
Friendship Ark Homes
Leadership Ames Endowment Fund