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 […]

Bridging the gaps in multi-generational family philanthropy

Bridging the gaps in multi-generational family philanthropy Differing views within families is nothing new; differing views about nearly anything and everything is centuries old. For generations and generations, common topics of disagreement have included popular culture, politics, religion and parenting, just to name a few. Frequently outranking all is money—how it’s made, spent or saved—or […]

QCDs: Clearing up confusion

QCDs: Clearing up confusion If you’ve been involved with The Community Foundation for a while, you’ve likely heard of the Qualified Charitable Distribution (“QCD”) because we mention it a lot. And with good reason! If you are aged 70 ½ or older, it is well worth your time to investigate whether a QCD might be […]

Have your cake and eat it too: A dual approach to charitable giving

Have your cake and eat it too: A dual approach to charitable giving The change of seasons is often an opportunity to catch our breath and reassess. We’re done with taxes, really done with cold weather (hopefully), and feel a sense of renewal as our attention turns to gardening and other growth-oriented, warm weather pursuits. […]

Great Community Give Raises $2 Million for Area Nonprofits

GREAT COMMUNITY GIVE DAY 2023: TWO MILLION RAISED   Harrisonburg, VA – The 6TH annual GREAT COMMUNITY GIVE was held today, Wednesday, April 19, 6:30am-8pm.  As Harrisonburg and Rockingham County’s community-wide day of “Giving”, GREAT COMMUNITY GIVE wants nonprofits to have the resources they need to succeed in their missions. Their totals for all six […]

Turmoil in banking and technology: Optimism for charitable giving?

Turmoil in banking and technology: Optimism for charitable giving? And, the wild ride continues! It’s been three years since the Covid-19 pandemic swept the globe and wreaked wide-ranging havoc on so many areas of the economy. Then came inflation, rising interest rates, and a volatile stock market. Now, in early 2023, advisors and clients are […]

Boiling down the alphabet soup: What actually are RMDs and how do they relate to QCDs?

Boiling down the alphabet soup: What actually are RMDs and how do they relate to QCDs? If you get cross-eyed when you start reading about Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCDs), you are not alone! And, given the December 2022 passage of SECURE 2.0 legislation, changes to RMD rules are especially important […]

‘Tis the season: Why tax time is often the best time to get serious about your charitable plans

‘Tis the season: Why tax time is often the best time to get serious about your charitable plans Though often unappreciated, the annual passage of tax season has benefits.  For one, it offers some finality to the prior year in that we finally know if we owe or are due a refund. For example, for […]

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 […]

Go further with your charitable giving

Go further with your charitable giving Many donors are exploring how to help the victims of the earthquakes in Turkey and Syria. The team at The Community Foundation is happy to help you balance your desire to meet the most critical needs in our local community while also supporting international relief efforts. Please reach out anytime. […]

Hidden no more: Designated funds and field-of-interest funds

Hidden no more: Designated funds and field-of-interest funds Most attorneys, accountants, and financial advisors are well-aware of donor-advised funds and the reasons behind their popularity. Especially when a donor-advised fund is established at The Community Foundation, this vehicle is an excellent way for your clients to organize their charitable giving and get even more connected […]

Evaluating options for focusing your philanthropy

Evaluating options for focusing your philanthropy If you’ve been giving to favorite charities for many years, it will not surprise you to learn that most donors are interested in deepening and focusing their impact as they maintain the frequent and total amount of giving. Focusing on impact is hard, but it’s easier when you work with […]