Charitable Giving on a Budget

Although it’s still late summer, some people are ready to start planning for the season of giving. Gifts will be carefully chosen for family and friends, scrumptious desserts will be baked and ready to eat, and holiday decorations hung up around the house. What about giving back to the community though? Unfortunately most of us aren’t made of money so when it comes to charitable giving, planning a budget is a necessity. Here are a few tips to start planning for the upcoming holiday season!

 

Donate your clutter

Go through your house and clear out any unwanted items or things you don’t need that others could use more. Here are a few organizations to start with that accept donations:

http://www.valleyopendoors.com/

http://ourcommunityplace.org/

http://virginiasalvationarmy.org/harrisonburgva/

http://www.goodwillvalleys.com/

http://www.themercyhouse.org/

http://giftandthrift.org/

 

Pool your money

Create a small giving circle within your friends and family to pool all your money together and make one large donation to the organization of your choosing.

 

Set aside part of your income

Try to set aside at least 3% of your income on a regular basis to ensure you’ll have a little something to give and still have a separate pool of money for family gifts.

 

Employer match donations

Most corporate employers have matching funds or grants that match its employees’ charitable contributions. Some matching gifts are dollar-for-dollar but others can be double or triple the donation.

 

Blood/plasma donations

When donating money isn’t an option, don’t forget you can donate blood or plasma and some places even compensate you for your donation with cash (which can then be donated if you wish).

 

Donate your time

Finally, don’t forget you can always donate your time. A lot of organizations are always looking for extra hands to help out in the busy season of giving. Even if it’s only an hour of your time, anything helps!

Aren’t sure where help is needed? Check out these organizations below!

https://www.brafb.org/

http://www.themercyhouse.org/

http://ourcommunityplace.org/

www.bbshr.org/

http://virginiasalvationarmy.org/harrisonburgva/

http://www.uwhr.org/

https://www.sites.google.com/site/wrtcpublicrhetoric/home

 

Click on link below for a full list of local non-profit organizations.

http://www.tcfuwhr.org/index.php/site/a-z

 

 

 

Bridging the Generational Gap

What does it mean to give back? For most people, I’d say it depends on who you’re asking the question at and when they were born. Throughout the generations who give back to their community and their favorite nonprofits, each generation thinks and gives differently. According to Hartnett and Matan “Nearly 60% of Gen Ys and 50% of Gen Xers want to see directly the impact of their donations, while just 37% of Baby Boomers say seeing a direct impact matters to them.”

However the question remains: how do we bridge the generational gap of giving between Baby Boomers and Generation Y (or Millennials) and really connect with younger donors?

It is also reported by Harnett and Matan that “…45% of Boomers say their financial contribution is key, only 36% of Gex Xers and 25% of Gen Ys think that what matters most is a difference made of money. Instead, they believe that volunteering and spreading the word is more impactful”.  While Baby Boomers and Generation Xers will not be around forever, it has become an important task in creating relationships between nonprofits and Millennials in continuing to find new ways to engage with younger donors.

While Generation Y only represents a small percentage of giving, they do represent the largest percentage of media usage. Numerous social media platforms exist on the internet bringing in users all over the world to share their thoughts, pictures, and connect with old friends. Software company, Blackbaud (see full interactive report here) says, 90% of social media usage is on Facebook and a whopping 97% is surprisingly on YouTube, with LinkedIn and Twitter in last. Generation X does not fall far behind Millennials in the category of social media as well. They also spend most of their time on YouTube at 92%, Facebook at 77%, and LinkedIn at 57% according to Blackbaud.  All in all, Generation Y and X are more likely to give back through social media and learn more about new nonprofits through shared posts and videos, while Baby Boomers give back more through direct mail and organization’s websites.

What does this mean for philanthropy and nonprofits? Essentially, this means social media will become and already plays a huge role in giving back. Whether you are a small nonprofit just getting started or a large established nonprofit, social media is key in educating and connecting with new young donors as we begin to see more Millennials following in the footsteps of their charitable parents and grandparents.

Don’t forget to visit our social media pages  for the latest information on nonprofit news and to see what we’ve been up to!

FB Pinterest IG twitter

You can also give directly to any of our funds listed on our website by clicking on “Donate Now.”

Buy Fresh Buy Local

Giving and Happiness

Can money buy us happiness? I think most of us would say no. But what about gifts to others? At the Community Foundation, we believe that giving not only strengthens and improves our community but giving to others makes us happy. We see it everyday as we work with donors to make their philanthropic goals a reality. Michael Norton, Associate Professor of Business Administration at Harvard Business School has researched this phenomenon and agrees. According to Dr Norton, spending on others makes us think differently about our money and ultimately makes us happier. Check out his recent story on the TED Radio Hour on NPR:


So if giving makes us happy, can we take that a step farther and say that local giving has a two-fold benefit for our community: 1) it provides much needed funding for services and other community improvements and 2) community members are happier in general. I don’t know about you but I think a happier community is a better community.

Not sure where to give or how to give? The Community Foundation of Harrisonburg & Rockingham can help. We offer many ways to give back to your community no matter the dollar level. Check out our current Community Needs Listing where we have compiled a list of needs from our local nonprofit organizations. Please give us a call at 432-3863 if you would like more information on fulfilling a need in our community.

IMPACT Harrisonburg, a giving circle for professionals in the 20s, 30s, and 40s, provides a great way to give to others. Each member of the giving circle gives an amount based on age and collectively the group decides which local nonprofits will benefit. Not only do members benefit by giving their money to others but they are part of a collaborative effort that is making a difference in our community. Last year the group gave almost $15,000 to local nonprofit On The Road Collaborative to provide after school education and support for at-risk middle school children. Voting for a grant recipient for 2016 will start at the end of May. Don’t miss your chance to be a part of this exciting new group in Harrisonburg and Rockingham County. Here’s a link to more information on IMPACT.

Contact me at the Community Foundation with questions or if you would like additional information.

Melissa
melissa@tcfhr.org
432-3863

Mid-Year Update on IMPACT Harrisonburg

IMPACT Harrisonburg continues to see growing involvement and interest from the Harrisonburg and Rockingham community.

In December 2015, the group held a well-attended event with TCF donors as speakers. The event was titled “Inside The Philanthropist Mind”. The intent of the evening was to hear from some of our community’s philanthropists to learn why they give and to hear what their 20s, 30s, and 40s, were like.

We thought you might be interested in hearing the “impact” made on 2015 recipient On The Road Collaborative.

The impact of IMPACT Harrisonburg’s first grant award continues to reverberate throughout the hallways of Skyline Middle School during On the Road Collaborative’s inaugural program year. You will find 90 middle school youth actively engaged in their 10-week hands-on Career Enrichment Projects, learning a wide range of careers from their volunteer professionals (known as Community Teachers), in everything from coding to broadcasting to arts. 

After a tremendously successful Learning Showcase season in December, which included a Mock Trial in the downtown Harrisonburg Circuit Courthouse, original photography exhibit at Spitzer Art Center, Iron Chef cooking challenge, and a variety of youth ‘teach-back’ presentations at our main event at Skyline Middle School, we are already underway with the new semester and a new line-up of Career Enrichment Projects, including architecture, fashion, theatre, personal finance, leadership and fitness, just to name a few. 

Not only has IMPACT enabled us to successfully launch our middle school program this year and make a tremendous difference in the lives of local youth, but you have helped lay the foundation for us to expand our services next year to more kids and more days at Skyline Middle!

~Brent Holsinger

IMPACT has great momentum and wants to grow the support of people in their 20s, 30s, and 40s to make an “impact” on Harrisonburg and Rockingham County.

Here’s the web link to signup.

https://squareup.com/market/impact-harrisonburg-

 

Here’s the address where you can send a check.

The Community Foundation of Harrisonburg/Rockingham County

for IMPACT

P.O. Box 1068

Harrisonburg, VA 22803

Spring Community Needs applications due soon

The application deadline for the Spring cycle of the Community Needs process for The Community Foundation of Harrisonburg & Rockingham County is quickly approaching. An nonprofit organization may apply once during a calendar year. Spring applications are due on Tuesday, March 1 at 4:00PM. Generally funding ranges from $250 – $10,000. Funding decisions are made by individual donors, private foundations and committees.

 

Organizations must be tax-exempt public charities under IRS Section 501c(3) or other nonprofit status. Organizations must be physically located in Harrisonburg or Rockingham County, and the project or program to be funded must serve the local area. Organizations not physically located in the Harrisonburg or Rockingham County area, but serving a substantial part of our community will need permission from TCFHR to apply. Religious organizations are welcome to apply if the project will significantly aid our local community.

 

A list of all Community Needs project requests will be featured on our website for one year after application submission. Please call Ann Siciliano, 540-432-3863, at The Community Foundation to determine eligibility before applying. Grants are made without regard to factors of gender, race, religion, national origin, or sexual orientation.

 

Please submit your completed application for the 2016 Spring Community Needs cycle by March 1.

 

Community Foundation office closing early on Dec. 31

The Community Foundation of Harrisonburg & Rockingham County will be closing its office early on Thursday, December 31, 2015. Our office hours for the remainder of 2015 are as follows:

Tuesday, December 29                 9:00AM – 5:00PM

Wednesday, December 30           9:00AM – 5:00PM

Thursday, December 31               9:00AM – Noon

Friday, January 1                          Closed

 

We appreciate your investment in our community and are most grateful for your support of our work during the past year. We look forward to working with you in 2016 as we ‘Dream. Share. Build. OUR COMMUNITY.’

Safeguard the Assets of Your Nonprofit Organization

2015Nonprofit Financial Risk Workshop 003

Jim Fries of Brown Edwards & Company

The Community Foundation of Harrisonburg & Rockingham County, United Way of Harrisonburg and Rockingham, RMH Foundation, and the Masters in Public Administration program at JMU invite you to a workshop on safeguarding the assets of your nonprofit organization. This event is structured for nonprofit executives and board members of nonprofit organizations.

Nonprofit Financial Risk Management Workshop       

Thursday, October 22

12 pm to 3 pm

 JMU Ice House Room 117

This event is free of charge. Lunch will be provided compliments of Brown Edwards & Company.

This exact workshop was offered on September 24 to a full house at the James Madison University Ice House. We are offering the program again on October 22. The agenda will include the following topics:

  • How Fraud Impacts Nonprofit Organizations Far Differently than For-Profit Businesses
  • Fraud Triangle and Responding to Fraud
  • Risk Management and Insurance
  • Legal Perspective on Fraud

If you are interested in attending this valuable workshop, please register by Friday, October 16, 2015.

Please contact Melissa at melissa@tcfhr.org or Laura at laura.toniholsinger@uwhr.org if you have questions or need additional information.