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TCFHR receives adult vocational studies grant funding
The Community Foundation of Harrisonburg and Rockingham County announces a new partnership with the Virginia Ready Initiative, a statewide nonprofit dedicated to convening credential-based learning opportunities to upskill Virginians for economic mobility. Their sunset operations plan for 2024 details an investment of their remaining $1.33 million+ funds into other Virginia nonprofits, with a specific focus […]
FAQs: A snapshot of clients’ tax-time charitable giving questions
FAQs: A snapshot of clients’ tax-time charitable giving questions The year is in full swing. Attorneys, accountants, and financial advisors are asking clients to start gathering tax documents and related paperwork for 2023 tax returns and 2024 planning. Now is a good time for advisors to review a few basic tax principles related to charitable […]
What happens when I leave a bequest to my fund at The Community Foundation?
Many donors and fund holders at The Community Foundation have updated their estate plans to leave a bequest to their donor-advised or other type of fund. Some bequests take the form of a “specific bequest,” which means that the fund at The Community Foundation receives a specific amount of money from the donor’s probate estate […]
Nonprofits receive 2023 funding
Giving season is upon us. The Community Foundation reports a total of $159,518 will be granted to 12 organizations in their Fall 2023 grants cycle. Programs and projects like ‘Meals on Wheels’ by Valley Program for Aging Services and ‘Operation Free Pet Healthcare’ by Anicira are among the funded grantees. Over 60 organizations submitted applications. […]
Crisis giving: Avoiding pitfalls
Crisis giving: Avoiding pitfalls Whether you’re motivated to respond to needs created by a conflict, accident, or natural disaster, it’s human nature to want to help—especially through financial support. All too often, a tragic event occurs and is quickly publicized through news accounts or social media. Then, the dollars start rolling into a crowdfunding site […]
Spotting opportunity: Moving from a commercial fund to The Community Foundation
Although a donor-advised fund, which is becoming a more and more popular charitable planning tool, can be established through a national financial institution, The Community Foundation offers its donor-advised fund holders much broader services, more personal attention, and deeper connections to the nonprofits whose work is essential to effecting positive community change. Unfortunately, many attorneys, […]
The Community Foundation Awards $25,000 to….
The Community Foundation Awards $25,000 to…. Since 1998, twenty-five years ago, The Community Foundation of Harrisonburg and Rockingham County (TCFHR) has been a champion for this community, always thinking of donors’ interests and highlighting area needs. On October 5, TCFHR hosted a celebration for their 25 years of service to the Valley. The evening, set […]
For clients who may sell a business, the time to think charitably is right now
For clients who may sell a business, the time to think charitably is right now Business owners who’ve enjoyed summertime’s more relaxed energy can deservedly daydream about the “extended vacation” that comes with selling the business! While it all sounds good, business brokers will tell you that many business owners fail to optimize—and they sometimes […]
Making it fun: Tips for teaching children about philanthropy
Over the years, you’ve probably taught your young children, grandchildren, nieces, and nephews lessons along the lines of “share and share alike” and “better to give than to receive.” But how do you transition these lessons into more concrete instruction about charitable giving, without risking the youngest members of your family becoming overwhelmed or bored? […]
Recognition or anonymity: Which one’s for you?
Recognition or anonymity: Which one’s for you? The Community Foundation is committed to working with you and your family to fulfill your charitable goals, whether those goals relate to making an impact, leaving a legacy, saving money on taxes, expressing gratitude, or a combination of objectives. If you have not yet established a fund at […]
Great Community Give raises $2 million for area nonprofits
GREAT COMMUNITY GIVE DAY 2023: TWO MILLION RAISED The 6th annual GREAT COMMUNITY GIVE was held today, Wednesday, April 19, 6:30am-8pm. Official Totals as of 8:00PM, April 19, 2023 Participating Nonprofit Agencies: 148 Dollars Raised: $2,000,545 Total Number of Unique Donors: 7,684 Their totals for all six years: $7,118,248. Past results are as […]
Private foundations and donor-advised funds: Debunking three myths
Private foundations and donor-advised funds: Debunking three myths If you’ve been involved with charitable giving for a few years, you’ve no doubt become familiar with both private foundations and donor-advised funds and their popularity as charitable giving tools. As is often the case with tax and estate planning-related topics, the differences between private foundations and […]