Routing # 071108423

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Community Foundation

Funding New Beginnings

Our Mission

Funding New Beginnings Community Foundation was established in 2004 with a mission that still holds true today to enhance the quality of life for all residents, build permanent endowment funds, address needs through grant making, and provide community philanthropic leadership to the Prophetstown Lyndon Tampico School District area.

Any nonprofit organization with 501(c) (3) status under the IRS Tax Code, government organization or education institution can apply by completing the grant application form. Applicants must have a local office, a local corporate Board of Directors, incorporated in the State of Illinois or chartered by the U.S. Government and serve residents located in the Prophetstown Lyndon Tampico School District.

To complete the Funding New Beginnings App online, click the button below.

Applications are accepted throughout the year.  The applications are then reviewed at the annual November meeting with funds awarded before year-end.

Address

114 W. Third Street
P.O. Box 157
Prophetstown, IL 61277

Phone (815) 537-2348
Fax (815) 537-2116

To download the Funding New Beginnings application, click the button below. 

You can then submit the completed form through our Secure File Transfer page.

Common Funding Vehicles Through Funding New Beginnings Community Foundation

Community Impact Fund

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

Field of Interest Endowed Funds

Donors specify a purpose or geographic area where funds are to be spent.

Donor Advised Endowed Funds

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

Organizational Endowed Funds

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

Scholarship Endowed Funds

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

General Operating Endowed Fund

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

Charitable Remainder Trust

It provides the Community Foundation with the greatest flexibility in responding to emerging community needs, innovative opportunities, and on-going projects in the community. The foundation supports organizations that respond to one or more of the following areas: Cultural Activities, Education, Health and Human Services, and Community Development.

Ten Reasons People Choose to Give Through the Funding New Beginnings Community:

  1. We are a local organization with deep roots in the community.
  2. Our professional program staff has a broad expertise regarding community issues and needs.
  3. We provide highly personalized service tailored to each individual’s charitable and financial interests.
  4. Our Donor Advised Funds help people invest in the causes they care about most.
  5. We accept a wide variety of assets and can facilitate even the most complex forms of giving.
  6. We partner with professional advisors to create highly effective approaches to charitable giving.
  7. We offer maximum tax advantage under state and federal law.
  8. We multiply the impact of gift dollars by pooling them with other gifts and grants.
  9. We build endowment funds that benefit the community forever and help create personal legacies.
  10. We are a community leader, convening agencies and coordinating resources to create positive change
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Do not click on any links from a suspicious text claiming to be from Farmers National Bank. If you have clicked on a link, please call us at 815-537-2348.

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