Three things every philanthropist must know about the gift and estate tax sunset
Three things every philanthropist must know about the gift and estate tax sunset The shorter days of fall and winter aren’t the only sunsets creeping up on people these days. If you’ve met with your estate planning attorney and tax advisors recently, you’re probably aware that the gift and estate tax exemption–the total amount you […]
Charitable giving tips for clients’ golden years
Charitable giving tips for clients’ golden years The rising popularity of the Qualified Charitable Deduction–”QCD”–appears to be inspiring an increasing number of retirees to re-evaluate their charitable giving plans. Before the clock winds down on 2023 giving opportunities, be sure you’re familiar with the various charitable giving techniques that are most appealing to retirees and […]
Structured philanthropy: A process relieves the pressure
Structured philanthropy: A process relieves the pressure Helping families create a meaningful structure for their philanthropy has long been a hallmark service of The Community Foundation. That structure and the resulting discipline are increasingly important as both wealth and charitable giving more frequently span multiple generations. Indeed, spontaneous and unstructured conversations around wealth and philanthropy […]
By the numbers: What’s around the corner in 2024
By the numbers: What’s around the corner in 2024 As 2023 makes way for 2024, you’re no doubt inundated with information about the various IRS thresholds that are subject to adjustment. But have you thought about how each of these thresholds might be connected with your clients’ charitable giving? Here are a few pointers to […]
Local Nonprofits Receive 2023 Funding from The Community Foundation
Local Nonprofits Receive Funding from The Community Foundation Harrisonburg, VA – Giving season is upon us and The Community Foundation of Harrisonburg and Rockingham County is celebrating. The Community Foundation reports a total of $159,518 will be granted to twelve organizations in their Fall 2023 grants cycle. Programs and projects like ‘Meals on Wheels’ by […]
Your donor-advised fund: Think “hub,” not “autopilot”
Your donor-advised fund: Think “hub,” not “autopilot” Perhaps you established a donor-advised fund at The Community Foundation years ago, or you set up a donor-advised fund more recently. Or maybe you are considering establishing a donor-advised fund at The Community Foundation this year to help you keep your giving more organized and involve your children […]
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 […]
Gifts of “complex” assets deliver multiple benefits
Gifts of “complex” assets deliver multiple benefits When you think about supporting your favorite charities or making contributions to your donor-advised or other type of fund at The Community Foundation, cash may be the first thing that comes to mind. It seems so easy to just write a check or donate online. (You probably don’t […]
Get ahead of the year-end rush
Get ahead of the year-end rush Holidays and tax planning (although very different in the ways they are celebrated!) are both year-end traditions. No doubt (?) you’ve got the holidays covered, and perhaps your advisors are already helping you make sure your tax planning is in place. It’s a good idea to familiarize yourself with […]
Life insurance: A key charitable planning tool for certain clients
Life insurance: A key charitable planning tool for certain clients As an advisor, you often talk with your clients about life insurance–how much is enough and which policies are best suited for a client’s particular situation. As you counsel your clients about risk management and the role of life insurance in their estate plans, don’t […]
Tips for clients’ year-end giving
Tips for clients’ year-end giving Year-end giving makes up a significant portion of total revenue for most charitable organizations. Research even shows that a whopping 25% of online giving occurs in December! What this means is that there’s a pretty good chance your clients are already considering end-of-year gifts to support causes they care about, […]
Spotting opportunity: Moving from a commercial fund to The Community Foundation
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 […]
