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ENDOWMENT BUILDING

Foundation For the Enhancement of Mitchell County

The FEMC Board of Directors raised $55,000 in the Spring of 2005 during a Founderís Club fund raising campaign.  The Foundation for the Enhancement of Mitchell County was one of six foundations in Iowa awarded a $25,000 endow Iowa matching grant in April.  The FEMC Founderís Club donors were recognized in July at a special recognition event held at the Blue Belle Inn / St. Ansgar. 

On June 9, 2005 the Governor of Iowa signed a renewed Endow Iowa bill which offers tax payers the opportunity to apply (on a first come, first served bases) for a 20% tax CREDIT against taxes imposed in Iowa in addition to the normal state and federal charitable income tax deductions for certain charitable gifts.  The legislature has authorized a total of $2 million in Iowa tax credits in each of the next three years beginning in 2005. 

 For more information about making a gift to the FEMC Endowment Fund please contact Brenda Dryer at 641.732.4790.

Mitchell County Economic Development Commission  .  PO BOX 306  .  Osage, Iowa 50461  .  641-732-4790  .  mcedc@osage.net