$2 million corporate gift will support giving in the areas of youth education, financial literacy, community development and helping the financial viability of the underserved

 

Bettendorf, Iowa - Ascentra Credit Union is honoring former CEO Paul Lensmeyer by establishing the Ascentra Credit Union Foundation, a fund within the Community Foundation of the Great River Bend.  Paul Lensmeyer was more than the President & CEO; he was a charismatic leader, a friend to many and an astute businessman who spent his life giving to others.  He was the heart of the organization for over 20 years and created a culture dedicated to giving back and community service.

As any great leader does, Lensmeyer had a plan in place for a worst-case scenario.  Long ago, he and the Board of Directors had put in place a key person life insurance policy that would protect the credit union in case tragedy struck.  As Lensmeyer was preparing for retirement he had already initiated a succession plan and had selected and trained Dale Owen to assume his CEO responsibilities.  When Paul passed away unexpectedly, a policy that would normally be used to search for a successor did not need to be used in that fashion.

The board and senior management team were faced with a difficult decision on what to do with the policy proceeds.  It did not take long to determine that Ascentra would like to utilize the funds to start the Ascentra Credit Union Foundation continuing the service and generosity Lensmeyer taught and lived.   "Listening, caring, doing what's right" are words that were genuinely spoken by Paul, who lived and breathed this mantra in his professional and personal life.  He instilled these beliefs into Ascentra's organization which has made a difference in the lives of its members, staff, and the communities it serves.  Now, through the Ascentra Credit Union Foundation, Ascentra is ensuring his legacy lives on and that these beliefs will have a positive ripple effect for generations to come.

"Ascentra, by its nature as a credit union, and even more so under the leadership of Paul, already contributed to the community in many ways," said Linda Andry, Chief Financial Officer.  "But Paul's legacy was a catalyst for the credit union to partner with the Community Foundation to expand its philanthropic work."

 

The credit union established an endowment and a charitable giving fund, and is in the process of working with the Community Foundation to enhance its giving and further their philanthropic outreach in the communities they serve. This collaboration represents the largest corporate partnership with the Community Foundation to date by establishing a $1.75 million endowment to support their corporate philanthropy, and a non-endowed fund of $250,000 for additional grants.

 

"What better way to not only honor Paul, but to do what is right for our community and our members?" said Dale Owen, President & CEO of Ascentra, who had been in the process of transitioning into his position when Paul passed away.

 

In honor of Paul, the credit union provided donations in the past year totaling more than $150,000 to several local organizations, including the Pleasant Valley Schools Educational Foundation, the Bettendorf/Quad City Rotary, Greater Quad Cities Hispanic Chamber of Commerce, Iowa Credit Union Foundation and the Children's Miracle Network at the University of Iowa Hospitals. Dale said they approached the Community Foundation to be more strategic about future giving because of the foundation's strong reputation.

 

"The Community Foundation has a long track record of doing many great things," he said. "It is an organization we've admired and I'm glad we're partnering with them."

 

Barb Melbourne, JD, vice president of development at CFGRB, said the sentiment is shared.  "Ascentra is committed to the community in which we all live and work, and we are humbled to have an opportunity to sit alongside them to shape their mission, and identify ways to be more impactful with their philanthropic dollars," she said. "They are an incredible example of the ways local businesses can influence and support their community for the greater good."

 

It is a move that Paul would have been proud of, Andry said, as Paul also led by example at work and in his personal life.  "He encouraged staff to volunteer and give back to their community," she said. "That was?and is today?the environment in our workplace. Paul wanted staff engaged in giving back to the community. We miss him dearly."

 

About the Community Foundation of the Great River Bend:

For the past 50 years, the Community Foundation of the Great River Bend has been dedicated to bettering the communities we serve by connecting people who care with causes that matter.  We are the lead foundation for 14 Affiliate Foundations throughout eastern Iowa and western Illinois. They are part of our 17 county service area, which allows our grant and scholarship work to create impact across our region. Learn more about the Community Foundation at CFGRB.org.  Follow us on Facebook and LinkedIn.

About Ascentra Credit Union:

Founded in 1950, Ascentra Credit Union, is Iowa's premier credit union with more than $340 million in assets and 10 branches serving the communities of Bettendorf, Clinton, Davenport, Le Claire, Muscatine, Iowa and Moline, Ill. Learn more about Ascentra Credit Union at ascentra.org. Follow Ascentra on Facebook and on Twitter @ascentra.

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Alvaro C. Macias | Community Development Manager

Ascentra Credit Union
1710 Grant Street, Bettendorf, IA 52722

Direct Line: 563-344-3343

Toll Free: 800-426-5241 ext. 267

Fax: 563-355-5599

Mobile: 309-230-5820

 

Ascentra Credit Union will never send you an e-Mail regarding a compromised account nor will we ask you to
verify any information regarding accounts via e-Mail. We will always contact you directly via mail or phone
if this type of information is needed. If you have any other questions please feel free to contact us.

As part of conducting business, Ascentra Credit Union will monitor and record all e-Mail correspondence.

If you have received this e-Mail in error, please notify us immediately by reply e-Mail and then delete this
message from your system.

 

 

 

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(Rock Island, IL) -Allison McGraw, Davenport, was presented a Nation of NeighborsSM check for $2,250 to help her continue her work with "Fishing Has No Boundaries" (FHNB), a non-profit organization that introduces the sport of fishing to individuals with disabilities.

Allison founded the Eastern Iowa chapter of FHNB in honor of her father and sister, both of whom have disabilities that make it difficult to enjoy the outdoors. She single-handedly appointed a board of directors, obtained sponsors, wrote grant requests, organized fund-raising events, recruited volunteers, and purchased supplies to ensure the organization would thrive. She plans to use these funds from Royal Neighbors' empowerment program to purchase additional fishing supplies and ramps and expand her outreach so that more individuals will have the opportunity to learn to fish.

Focusing on its history of standing strong for women, Royal Neighbors has given more than $1.5 million to nearly 1,200 families and individuals to reach their goals and rebuild their lives through its Nation of Neighbors Program. The program, which was launched in 2007, demonstrates Royal Neighbors' vision of protecting women financially and empowering them to improve their lives, families, and communities, the philosophy on which Royal Neighbors was founded more than a century ago.

Through the 2014 program, determined women of strength and courage are empowered with financial assistance to achieve their full potential, realize a sense of renewed personal growth, and give back to their communities.

About Royal Neighbors

Royal Neighbors of America, one of the nation's largest women-led life insurance organizations, empowers women to meet the needs of their families with annuities and life insurance products such as whole life, term, final expense, and universal life. One of the most financially secure insurance carriers in the industry, it has the financial strength and stability to ensure its nearly 200,000 members are protected when the expected, and unexpected, happen. In addition to insurance products, Royal Neighbors provides member benefits at no additional cost which currently include scholarship opportunities, health and retail discounts, and participation in volunteer activities that give back to communities through the organization's local chapters. Royal Neighbors' philanthropic efforts are dedicated to changing women's lives through its national programs, including the Nation of Neighbors Program, and through the Royal Neighbors Foundation, a 501(c)(3) public charity.

Royal Neighbors is headquartered in Rock Island, IL, with a branch office in Mesa, AZ. For more information, visit www.royalneighbors.org or call (800) 627-4762.

Three Days a Week: October 27 - Dec 5

Quad Cities: The Salvation Army's Christmas Assistance Program - a community wide effort - is The Salvation Army's largest outreach event each year. Last year, for example, more than 4,000 toys and gifts were distributed to 1,935 children and more than 1,900 households received food.

Families who would like to receive assistance during the holidays must register and complete the application process before December 5th.

Registration Location in Scott County, IOWA:  3400 W. Central Park Avenue, Davenport 563-391-5325

Registration Location in Rock Island County, ILLINOIS:  2200 - 5th Avenue, Moline 309-764-6996

Registration Dates and Times for both Locations:

Mondays– 12:00PM to 2:30PM October 27; November 3, 10, 17, 24; and December 1

Wednesdays– 1:00PM to 4:00PM October 29; November 5, 12, 19; and December 3

Fridays– 11:00AM to 2:00PM October 31; November 7, 14, 21; and December 5

What to bring: (Applications cannot be taken without the items below)

1. Adults: a. Picture ID with valid date, b. Social Security card & c. Proof of address (2 pieces of mail)

2. Children: a. Social Security Cards or b. Medical Cards or c. Birth certificates for each child.

3. Proof of: a. Household Income & b. Federal or State Benefits.

The list of people being assisted is shared with other agencies in the area, so that there is no duplication of service and so that everyone who needs assistance will be able to find it.

 

 

 

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Davenport, IA– On October 15th, The Amy Helpenstell Foundation presented River Bend Foodbank with a check for $15,000 to support the Backpack Program. This is the 4th year The Amy Helpenstell Foundation has awarded a grant to River Bend Foodbank.

Tom Laughlin, River Bend Foodbank Executive Director, said, "This is an incredible donation and insures that children will not go hungry on the weekends throughout the school year. We are so thankful for the continued support from The Amy Helpenstell Foundation."

The Backpack Program provides children at risk of hunger with nourishing food to take home on Fridays to get them through the weekend when programs like school breakfasts and lunches are not available.  The Backpack Program targets pre-school, elementary and middle school children who are at risk of chronic hunger.  These children are identified by name by their school staff.  Each child receives a weekly food pack on Fridays to put in their Backpacks and take home for the weekend.  The food is child friendly, easily consumed and vitamin fortified. The bags contain about eight items and include two "entrees" like stew or soup, two servings of fruit, cereal, milk, and juice. The Foodbank partners with the schools to select the children and distribute the food. Currently RBFB serves 47 schools and 1,700 of the neediest children in the Quad City Area.
Philanthropist Says Money CAN Buy Happiness - But Only When You Give It Away

Many Americans are choosing to hold onto their money these days, a lesson learned from the 2008-09 financial crash.

It's good to have savings - but not to the point of hoarding, says entrepreneur and philanthropist Tim McCarthy, author of "Empty Abundance," (mindfulgiving.org).

Americans are saving at a rate of 5.30 percent, well above the record low of 0.80 percent in 2005, according to the U.S. Bureau of Economic Analysis.

The world's billionaires are holding an average of $600 million each in cash, which is more than the gross domestic product of Dominica, according to the new Billionaire Census from Wealth-X and UBS. That's up from $60 million the previous year, signaling that the very wealthy are keeping their money on the sidelines and waiting for an optimal investment time.

"All of us could invest part of our 'fortune,' great or small, on something that gives back on a deeper human level, such as non-predatory loans to individuals from impoverished communities,"

McCarthy diverts all of his business profits annually to his foundation, The Business of Good, which invests in socially conscious businesses and scalable nonprofit concepts.

He reviews what everyone has to gain from mindful giving.

•  Money buys you happiness - up to $75,000 worth. Life satisfaction rises with income, but everyday happiness - another measure of well-being - changes little once a person earns $75,000 per year, according to a 2010 Princeton study. Another widely published survey by psychologist Roy Baumeister suggested that "happiness, or immediate fulfillment, is largely irrelevant to meaningfulness." In other words, so many who finally achieve financial excess are unfulfilled by the rewards that come with that.

•  Remember the wealth disconnection to overall fulfillment. A Gallup survey conducted in 132 countries found that people in wealthy countries rate themselves higher in happiness than those in poor countries. However, 95 percent of those surveyed in poverty-stricken countries such as Ethiopia, Kyrgyzstan and Sierra Leone reported leading meaningful lives, while less than 60 percent reported the same in wealthier countries.

"While more investigation to wealth, happiness and well-being is certainly in order, I think it's clear that while money is important, it cannot buy purpose, significance or overall satisfaction," McCarthy says.

•  Giving money reliably equals happy money. Two behavioral scientists, Elizabeth Dunn and Michael Norton, explore in their recent book, "Happy Money: The Science of Smarter Spending," what makes people engage in "prosocial behavior" - including charitable contributions, buying gifts and volunteering time. According to Dunn and Norton, recent research on happiness indicates that the most satisfying way of using money is to invest in others.

In 2010, multi-billionaires Warren Buffet and Bill and Melinda Gates co-founded The Giving Pledge, a long-term charitable effort that asks the wealthiest among us to commit to giving more than half of their fortunes to philanthropy. Among the first to join, Michael R. Bloomberg wrote in his pledge letter: "If you want to do something for your children and show how much you love them, the single best thing - by far - is to support organizations that will create a better world for them and their children."  To date, 115 of our country's 495 billionaires have pledged.

•  Anhedonia, amnesia and the fallacy of consumption. Anhedonia is the inability to enjoy activities that are typically found pleasurable.

"After making my wealth, I found that I suffered from anhedonia," McCarthy says. "Mindful giving - intelligent and conscious giving to those who need it - turned out to be my best therapy."

Everybody has experienced the limits of consumption, the economic law of diminishing returns. One cookie is nice and so, too, is your first $1 million. But at some point, your ability to enjoy eating cookies or earning millions diminishes more with each successive one.

"Everyone learns this lesson, yet the horror is that so many of us succeed in forgetting it," McCarthy says. "I think that, in every moment, we need to remind ourselves that continually reaching for the next 'cookie' is not in our best interest."

About Tim McCarthy

Tim McCarthy's first business, WorkPlace Media, eventually built a permissioned database of 700,000 gatekeepers who reach more than 70 million employees with incentives for clients such as Coca-Cola, Lenscrafters and McDonalds. He sold the company in 2007 and recently bought it back. In 2003, he partnered with his son, Tim Patrick McCarthy, to open Raising Cane's of Ohio, which had 13 stores with over $30 million in revenue in 2013. McCarthy, author of "Empty Abundance," (mindfulgiving.org), earned his bachelor's in political science and MBA from Ohio State University. In 2008, he received the Fisher Alumnae Community Service Award and was named an Ernst and Young Entrepreneur of the Year.

Churches United of the Quad City Area has received a $20,000.00 grant from the Amy Helpenstell Foundation Fund, in support of Winnie's Place.  We are extremely grateful for this gift.

Winnie's Place is a shelter serving women (and their children) who are homeless and/or victims of domestic violence. Last year, Winnie's Place served a total of 119 women and 147 children residentially, provided 4151 lodgings, 8229 meals, and answered 859 crisis calls.

Churches United has a 53-year history of reaching out to our community. Its 134 member churches represent 50,000 people from the Quad City Area. As well as Winnie's Place, Churches United operates 25 food pantries and 3 hot meal sites in the Quad City Area. For information about services offered, or ways to support Churches United, call 563-332-5002, or visit our website at www.CUQCA.org.

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The Salvation Army Announces the 2014 Project Bundle Up Collection Event

Quad Cities, USA: As families find it harder and harder to make ends meet, The Salvation Army asks the community to step in and help children stay warm this coming winter. The Project Bundle Up Event hosted by KWQC TV-6 makes donating easy. This heart-warming event is sponsored by Floor Trader.

WHERE: KWQC TV-6 at 805 Brady Street, Davenport, IA

WHEN: Thursday, October 16, 2014

HOURS: 6:00am - 6:30pm

The Salvation Army will deliver thousands of cold weather clothing items to Quad Cities' elementary & middle schools to fill the needs of students who arrive at school without these essential items. School teachers are on the frontlines watching for children who come to school without mittens & gloves, hats, socks, underwear, and scarves, and Project Bundle Up fills this need.

 

"The need increases every year. Last year's delivery to 27 schools was over 7,000 items, and that was a really cold winter - we know they were put to good use!" stated Patty Mixdorf, Event Coorindator at The Salvation Army.

Donations can also be mailed, marked "Project Bundle Up," to: The Salvation Army, P.O. Box 3972, Davenport, IA 52808. A gift of any size by October 31, 2014 will greatly help!

In From The Cold is celebrating our 22nd year of presenting our Mayors Hunger Luncheon. We would like to cordially invite the press and the public to attend our announcement of this year's grant recipients. This will take place at LeClaire Park in Davenport in front of the band shell on Monday, October 20th at 12 noon.

This year's Mayors Hunger Luncheon will be November 5th in the Golden Leaf Banquet Center at 2902 East Kimberly Road in Davenport. Doors open at 11 with a meal at noon.

Over the years, IFTC has raised almost $500,000 to help fund homeless service providers and related agencies in the Quad City area.

Questions?

Contact: Harvey Wiley

hwiley@casiseniors.org

563-386-7477 x254

October 8, 2014

IA/IL QUAD-CITIES- In its 9th year, the 2014 KJ's Mustache Challenge is a local event where participants toss out their razors for four weeks in an effort to raise funds for preventive programs provided by the Quad Cities Child Abuse Council. This year the Challenge will occur one month earlier in hopes to enjoy a warmer 'growing season'. The Challenge begins on October 23rd and culminates in a Mustache Bash Pub Crawl in downtown Moline on November 22nd.

New this year, too, is a Ladies Night Event celebrating those women who are 'Stache Enablers', at this event ladies can sign up their husbands, brothers, fathers and friends into the Challenge. This new 'Stache Enablers' event is October 16th at Refresh in downtown Moline from 6p to 8p featuring fun mustache prize giveaways.

"The Mustache Challenge is for everyone," says longtime Challenge committee member, Tracie Veto. "We encourage our sister Challengers to support the men in their efforts to grow a mustache, yes, some Challengers look a bit different for a few weeks but it's for a great cause. The women have just as much fun with the Challenge as the men do!"

The Mustache Challenge committee is hosting the Official Challenge Kick-Off Party at Pints on Utica Ridge Road in Davenport on October 23rd from 5:30p to 7:30p, this officially begins the 'Growing Season'. At the Kick-Off Party you can sign up for the Challenge, participate in a prize winning raffle and win mustache merchandise.

For a minimum donation of $25 Challengers will receive the commemorative t-shirt, eligibility to compete in the Best Stache competition and to win prizes during the Mustache Bash Pub Crawl on November 22nd in Downtown Moline.

This fundraiser is in memory of Mustache Challenge participant, Kyle John of Moline, who at age 27 passed away in 2008 after a courageous five year battle against Ewings Sarcoma. His close friends have continued the Mustache Challenge in celebration of his spirit and charitable heart.

For more information about KJ's 2014 Mustache Challenge and the QC Child Abuse Council visit www.kjmustachechallenge.org and www.childabuseqc.org. KJ's Mustache Challenge is also on Facebook.

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October 1, 2014 (Davenport, IA) - On Monday, October 6 at the general membership meeting,
The Rotary Club of Davenport Charitable Giving Committee in partnership with the Davenport
Rotary Board of Directors will award over $16,000 to fund projects and support organizations in
the community and abroad that provide basic human services, serve youth, and meet community
needs. Proceeds generated from the 2nd Annual Rotary Club of Davenport WingFest presented
by M.A. Ford this past June, funded the awards. The following organizations were recommended
by the Charitable Giving Committee and approved by the Board of Directors to receive funding:


Boys & Girls Clubs of the Mississippi Valley
Project Title: Triple Play-Team Sports Program
Project Description: Using a nationally proven curriculum, BGCMV will expand their physical
fitness programs for some of the most at-risk youth in the Quad Cities.
Amount Funded: $2,500


Friendly House
Project Title: Childcare Kitchen Update
Project Description: Purchasing a new freezer will provide the opportunity to increase the
quality and delivery of food they offer to their youth program participants
Amount Funded: $2,500


Vera French Community Mental Health Center
Project Title: Hot Meals for Chronically Mentally Ill Persons
Project Description: Hot meals are made and served to adults with chronic mental illness living
in Scott County that attend the Vera French Carol Center.
Amount Funded: $2,000


Camp Shalom
Project Title: Purchase of Mini Van
Project Description: Camp Shalom is in need of a mini van to carry small groups of campers
and staff.
Amount Funded: $1,000

Salvation Army
Project Title: Homeless Shelter Community Bathroom Hand-Dryers
Project Description: Purchase and installation of three electric hand dryers for the Family
Service Center Homeless Shelter's community meal site and community handicap accessible
bathrooms.
Amount Funded: $1,000


Special Olympics Scott County
Project Title: Uniforms and Equipment for SC Special Olympics Athletes
Project Description: Project will provide team and/or sport specific uniform shirts for Special
Olympics competitions and sports equipment for Special Olympics practice sessions.
Amount Funded: $1,000


Additionally, funds will be used to support Youth Harvest, a partnership between the Rotary Club
of Davenport and the North Scott Rotary that brings together over 200 underprivileged youth to
attend a fall harvest event at Pride of the Wapsi ($1,500). A speaker honorarium donated to
Community Healthcare, Inc. for their Vaccines for Children Program ($1,000), Fire and Medical
Supply Company/H.E.F. ($500), Miles of Smiles Team ($500), Rotary International Grant
($2,500) and the MAC High School Awards ($175).

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