The Idaho Episcopal Foundation Holds Annual Meeting

The Idaho Episcopal Foundation (IEF) held their Annual Meeting at Grace Episcopal Church, Nampa on April 19, 2008.  The focus of the meeting was on foundation building, endowments, types of planned giving, and associated tax advantages.  The Rev. Wally Lonergan opened the meeting with prayer.  IEF President Jack Dancer introduced Susan Wishney as the new Executive Director.  First-time annual meeting attendees were also introduced.

IEF Member at Large Steve Brown was invited to speak on the subject of How to Make Charitable Gifts.  The scope of his talk included outright lifetime gift giving, gift giving through wills, gift giving through living trusts, gifts that provide an income, and gifts of retirement assets.  The advantages and disadvantages of each were presented.  Charitable gift givers are encouraged to contact their legal and tax advisor for more information and for any specific situation.

Another invited speaker, Jim Everett, CEO of the Treasure Valley YMCA, spoke on the subject of Foundation Building and Endowments.  Jim shared many tips on fund raising based on his experience in fund raising with the YMCA.  He encouraged volunteers to take ownership of fund raising and stressed the importance of having gift giving leaders.  The Artful Journey: Cultivating and Soliciting the Major Gift, by William T. Sturtevant was a recommended reading.

Lunch was followed by a panel discussion on planned giving and tax advantages.  Committee Chairs were introduced.  Breakout sessions for each committee provided meeting attendees the opportunity to meet the Chairs and learn what each committee does for the foundation.

IEF Board of Directors Elect New Officers

New IEF officers were elected during the semi-annual meeting of the IEF Board of Directors on April 19, 2008.  Bob Rowett from St. James, Mountain Home was elected as President.  Nancy Koonce from Ascension, Twin Falls was elected as Vice President.