As year-end approaches, your thoughts might naturally turn to charitable giving—both as a way to support favorite causes and to make the most of available tax benefits. Recent changes in the tax laws have caused many people to reflect on their own understanding of the...
You are likely aware that many families in our community are struggling, and you may be wondering how you can help most effectively. Whether increased community needs are triggered by a government shutdown that disrupts paychecks, services, and community programs, a natural disaster, or economic...
Remember the good old days when you could withdraw the money you inherited in from your parents’ IRAs over the course of their lifetimes, thereby deferring the income tax for as long as possible? This so-called “stretch IRA” was largely eliminated by the SECURE Act...
Over the years, our team has talked with a lot of people who are surprised to learn that they can set up such a wide variety of charitable giving vehicles at the McPherson County Community Foundation (MCCF), including legacy gifts as well as lifetime giving...
With only a few months left in 2025, it is important to evaluate your philanthropy sooner rather than later. Recently-passed tax laws may throw a curveball into the financial planning strategies you’ve set in motion with your advisors. Here are six tips to help you and...
At the McPherson County Community Foundation (MCCF), we’re committed to working with individuals, families, and businesses to help make a difference in the causes you care about. Indeed, many people have at least a general idea of the community impact they’d like to achieve when...
Despite–or perhaps in light of–the recent whirlwind of commentary about new federal laws and the implications for the charitable deduction and charitable giving, it is really important keep in mind that for most individuals, the decision to give is driven by deeply personal factors–such as...
“Philanthropy” may sound like something reserved for wealthy, “mature” adults, but that’s not at all the case. At the McPherson County Community Foundation (MCCF), we work with individuals of every generation, from young adults to retirees and everyone in between. Young adults in particular are getting...
In an economic and legislative environment full of unpredictability, we encourage you to tap the knowledgeable team at the McPherson County Community Foundation (MCCF)–perhaps even more than you have in the past. If you’ve already established a donor-advised or other type of fund at MCCF, you’re...
Many people think of succession planning as something only relevant to businesses or nonprofits. However, it's equally important when considering the legacy you want to leave through philanthropy—including being intentional about what happens to your donor-advised fund at the McPherson County Community Foundation (MCCF) after...