Leave Your Legacy

The Foundation gives individuals and families an opportunity to leave a legacy for future generations by setting up charitable funds that can benefit their favorite charities both today and into the future. Types of funds include:

Designated Funds: Grants are specifically directed to established charities by the donor(s).
Donor Advised Funds: Donors recommend grants to the charities of their choice.
Field of Interest Funds: Grants are targeted to a special interest in the community (i.e. the arts, scholarships) identified by the donor(s).
Unrestricted Funds: Grants are distributed at the discretion of the Board to meet the needs of the community.

Paynesville Area Community Foundation

The role of the Paynesville Area Community Foundation (PACF ) is to help people and organizations in making a difference. The Foundation fulfills its role by facilitating charitable giving, initiating responses to targeted needs, and building permanent funds for the support of charities in the Paynesville area and beyond. The community foundation does not encourage the support of any one charity, but as a neutral entity assists donors in identifying and attaining their charitable goals.

The Paynesville Area Community Foundation official partnered with the Central Minnesota Community Foundation in May of 2008. The partnership with the Central Minnesota Community Foundation enables PACF to save administrative costs and provide a wide variety of services to donors, their professional advisors and nonprofit organizations in the area.

PACF Gala

The 2011 Paynesville Area Community Foundation Gala will be held on Saturday, October 1, 2011 at Bug Bee Hive Resort. The Foundation partners with a different local nonprofit for the Gala each year, and the nonprofit receives the majority of the funds raised. This year, the Foundation is working with the Paynesville Baseball Club to help raise funds to build a baseball stadium.

PACF hosted the first annual Gala in 2007. 90% of the net proceeds from that first event (which netted about $10,000 total) went to support Habitat for Humanity projects in the Paynesville area, and the remaining proceeds were added to the PACF's funds. The second Gala benefited the Paynesville Area Center, formerly known as the Senior Center. Again, the nonprofit worked hand in hand with local foundation volunteers, and the event raised $10,000 for the center. The third Gala supported Let's Go Fishing and the Community Service Center in the amounts of $4,000 and $9,000 respectively. And in 2010, the fourth annual Gala raised $12,000 for the Paynesville Historical Society.

Learn More

If you are interested in learning more about how to establish a fund and you would like to discuss the process, please contact Glen Tautges at (320) 253-4380 or talk to a member of the PACF Board.

PACF Board of Directors

Paul Bugbee
Rosie Lieser, Secretary
Leo Louis, Chair
Lou Louis
Steve Peterson, Treasurer
Bill Spooner
Joe Voss
Dennis Zimmerman

PACF Funds

Bugbee Family Charitable Fund
Leo and Luella Louis Family Fund
Paynesville Area Community Foundation Fund
Paynesville Area Hospital Foundation Fund
Paynesville Area Hospital Scholarship Fund
Paynesville Area Masonic Lodge 71 Fund
Torbenson Family Fund
Harlan and Jeraldean Palm Family Fund

History

The Paynesville Area Community Foundation (PACF) started out as a part of the Paynesville city government called the Paynesville Endowment Commission set up to provide a way for individuals, families, and businesses to bequeath funds for the betterment of the City of Paynesville. Some local leaders, including then Mayor and current PACF board member Joe Voss, contributed some seed money to the fund. The commission printed pamphlets with what they believed was a comprehensive invitation for bequests, and placed them in the offices of attorneys and estate planners around the area, as well as city hall lobby, the library, banks and many other public places.

In the early 2000s, the City of Paynesville decided that the function of handling endowments should be accomplished by forming a stand alone nonprofit corporation, the Paynesville Area Charitable Trust Fund (which now also legally operates under the name Paynesville Area Community Foundation). With no official ties to the city, they felt the nonprofit group could appeal to donors that would wish their bequests go to areas other than city functions, while still offering city parks, trails, and other city functions as options. Councilman (and current PACF board member) Dennis Zimmerman formed a group to explore how the transition would take place, and as that group added local professionals, business leaders, and concerned citizens, it evolved into the board of the current Paynesville Area Community Foundation 501(c)(3).

Recognizing that they needed a partner with investment management, charitable giving, and other technical expertise, the nonprofit board began a conversation with the Central Minnesota Community Foundation (CMCF) upon the recommendation of Paynesville business owners and CMCF fund advisors Leo and Luella Louis. After exploring their options, the PACF board decided that partnering with CMCF would maximize their effectiveness.

Central Minnesota Community Foundation
Alexandria Area Community Foundation l Brainerd Lakes Area Community Foundation l Willmar Area Community Foundation l Minnesota Real Estate Foundation