Donor News

20 Apr Popular topics: Banking fall out, proposed legislation, and new stats on volunteerism

Posted at 15:04h in Donor News

Not a day goes by at the community foundation without our team talking with fund holders–and potential fund holders!--about philanthropy in our community and all the ways charitable giving can make life better for everyone who lives here. Recently, we’ve noticed an uptick in interest...

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

Posted at 14:22h in Donor News

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 the 2021 tax year, the IRS processed 88 million...

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

Posted at 14:34h in Donor News

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 to understand if you are involved...

23 Feb Keeping track of your charitable donations is more important than ever

Posted at 14:03h in Donor News

When the Inflation Reduction Act was signed into law in August, many taxpayers were relieved that the Act did not include heavily-debated proposed tax hikes that were so prominent in early versions of the legislation. What’s weighing on a lot of taxpayers’ minds, however, even...

16 Feb In the news: Billionaire givers, QCDs, and celebrity inspiration

Posted at 11:44h in Donor News

This month, we’re offering three suggestions for deeper reading on current topics in charitable giving. Bring out your inner academic with this blog post published by the Lilly Family School of Philanthropy at Indiana University, especially if you’re interested in the latest chatter and variety of...

09 Feb Corporate giving: Amazon’s news, key trends, and a primer to kick off the new year

Posted at 15:43h in Donor News

Since it launched in 2013, the Amazon Smile program has provided hundreds of millions of dollars to various charities. The program worked by allowing customers to identify a favorite charity in the customer’s Amazon profile. Then, Amazon would make a donation equal to 0.5% of...

02 Feb Community foundations: Unparalleled resources for local giving with major impact

Posted at 14:53h in Donor News

As economic times get tough, more and more people are asking how they can make the biggest difference right in their own backyard. Indeed, local giving is a topic that has even made its way into the opinions of the mainstream media, causing many charitably-inclined...

02 Feb Fund Spotlight: Bob Hooper MHS Basketball Scholarship

Posted at 14:51h in Donor News

[caption id="attachment_4848" align="alignright" width="475"] Photo Credits: Facebook.com/MHSRoundhouse/[/caption] Established in 2011 and named after longtime McPherson High School (MHS) Basketball Broadcaster Bob Hooper, the $1000 scholarship is open to students who have attended MHS for four years and preference of the scholarship is given to a MHS...

26 Jan GETTING IN TOUCH WITH YOUR SOCIAL IMPACT PERSONALITY TYPE

Posted at 14:15h in Donor News

Social connections and community impact are two of today’s hottest cultural trends. Combined, they add up to a growing commitment to social impact all across America. But not everyone likes to “do good” in exactly the same way. What’s your ideal social impact activity profile? It...

19 Jan Stay the course: Intentional philanthropy is critical in a downturn

Posted at 11:28h in Donor News

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....