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Who We Are

The mission of Pella Community Foundation is to preserve the heritage and enhance the quality of life for the people of Pella.
We accomplish our mission by:
  • Soliciting “pass through” gifts which are distributed each year though the grant process.

  • Provide continuing long-term support by creating endowment funds from the gifts and bequests.

  • Investing funds carefully to assure earning a safe and continuing level of real income.

  • Distributing the endowment income and “pass through” gifts by means of a fair system which will identify and fund the most effective proposals for solving problems and seizing opportunities.

  • Providing leadership for the community in planning, identifying needs, and providing advice to organizations on fund-raising and operational issues.

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How we operate:
  • We are a "low overhead" organization. Volunteers do most of the work. As a result  expenses are minimal. 

  • We do not use regular endowment income or gifts which are intended for grants to support operating expenses. 

  • Support for our operation comes from designated operating funds and from management fees.

  • CF National Standards - In 2005, Pella Community Foundation was among the first in the nation to be authorized to display the seal of compliance with National Standards for U.S. Community Foundations Programs. Re-certification was again granted in 2024. 

  • The National Standards for U.S. Community Foundations Program requires community foundations to document their policies for donor services, investments, grant making and administration. 

  • This program is designed to provide quality assurance to donors, as well as to their legal and financial advisers.

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Our Investments:
  • A committee composed of Directors using outside counsel supervises all investments. 

  • Although income is important to the work of the Foundation, it is never sought through the acceptance of undue risk levels. 

  • A diversified portfolio is maintained according to policy as a means of providing growth and avoiding an inflation-induced erosion of the earning power of endowment funds.

  • ​The fiscal year from July 1, 2022 to June 30, 2023 the realized return on investments was +2.45%, while the unrealized gain was +4.21%, for an overall gain of +6.66%.

We Need Your Support Today!

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