It just keeps getting better: Why charitable gift annuities are having a moment
It just keeps getting better: Why charitable gift annuities are having a moment Charitable gift annuities (CGAs) are becoming more attractive to philanthropists, making this planned giving vehicle a good fit for your clients who like the idea of an up-front tax deduction, a steady lifetime income stream, and a remainder gift to charity. If […]
Ring in the new year with new charitable giving tax laws
Ring in the new year with new charitable giving tax laws If you’ve been tracking federal legislation, you’re likely aware that on December 29, 2022, President Biden signed a $1.65 trillion-dollar omnibus spending bill known as the Consolidated Appropriations Act of 2023 (“CAA”). A component of this legislation, known as “SECURE 2.0,” includes many provisions […]
Invest in impact built on trust
Invest in impact built on trust If you’ve supported a particular charitable organization for many years, and perhaps even served on its board of directors, you are likely familiar with some basic concepts of “trust-based philanthropy,” even if you didn’t know that’s what it is called. As a devoted supporter of the nonprofit organizations you […]
2023 Scholarships Now Available
2023 Student Scholarships now Available Harrisonburg-Rockingham students may now apply for college funding from The Community Foundation of Harrisonburg and Rockingham County (TCFHR) until April 10, 2023. The majority of scholarships give to current or former residents of Harrisonburg or Rockingham County. Scholarship funds are for tuition and related educational expenses and made directly to […]
Intentional philanthropy is critical in a downturn
Intentional philanthropy is critical in a downturn Your family may be among those who are taking their charitable giving budgets more seriously this year, given the stock market’s challenges, rising interest rates, economic concerns, and anticipated cash crunches. At the same time, not surprisingly, community needs tend to rise during uncertain economic times. As 2023 […]
The gift of giving, community foundation style
The gift of giving, community foundation style The Community Foundation can work with you to create and package a gift of a community foundation fund, pre-established and pre-funded, personalized in the name of your gift recipient. Your gift recipient can be a partner, child, grandchild, colleague, or friend. Frequently taking the form of a donor-advised […]
So long, 2022: Important charitable tax planning reminders as the year winds down
So long, 2022: Important charitable tax planning reminders as the year winds down Now is the time to share important reminders with your clients about year-end gifts. Time is indeed of the essence! Gifts of appreciated stock still shine Giving in a roller coaster market may continue to be a real concern for many of […]
Five of 2022’s most-asked questions about Qualified Charitable Distributions
Five of 2022’s most-asked questions about Qualified Charitable Distributions Qualified Charitable Distributions, or “QCDs,” are becoming a very popular financial and charitable planning tool. At the same time, QCDs are growing as the source of more and more confusion. Here are answers to the questions most frequently asked this year by both advisors and […]
Local Nonprofits Receive Funding from The Community Foundation
Harrisonburg, VA – It feels like Christmas over at The Community Foundation of Harrisonburg and Rockingham County (TCFHR)! No, it is not quite time for the holiday, but TCFHR is in the giving spirit since they are soon issuing Fall 2022 grants to nonprofit organizations. This year’s grants total $152,235 to 13 local nonprofits, more […]
It’s a big deal: Answering clients’ questions about GivingTuesday
It’s a big deal: Answering clients’ questions about GivingTuesday Among the many client questions you and other attorneys, accountants, and financial advisors can be prepared to answer as year-end approaches is, “What is Giving Tuesday? And why the hashtag that often precedes it in print or online?” Giving Tuesday–or “GivingTuesday” to be more accurate–has become […]
The perfect plate: Turkey, pumpkin pie and charitable giving
The perfect plate: Turkey, pumpkin pie and charitable giving As you prepare to gather with family and friends over the Thanksgiving holiday, we invite you to reach out to the team at The Community Foundation for suggestions on how to incorporate charitable giving into the festivities. For example: Take this opportunity to brush up on […]
Great Community Give 2023 Nonprofit Registration Opens Today!
Great Community Give 2023 Nonprofit Registration Will Launch on National Philanthropy Day Great Community Give (GCG) is back for its sixth year! The GCG Planning Team will open registration for interested nonprofits on National Philanthropy Day, November 15th. Returning and newly participating nonprofit agencies can sign up for GCG 2023 at www.greatcommunitygive.org. Registration will remain […]
