If you’ve served on a charity’s board of directors, you know that the role demands much more than simply showing up for meetings. Charities benefit from board members’ active engagement, strategic oversight, and a deep commitment to the organization's mission. Indeed, board members are fiduciaries...
The One Big Beautiful Bill Act was signed into law by President Trump on July 4, 2025, after the House of Representatives approved the Senate’s changes to H.R. 1, which passed the House by a narrow margin in May. The OBBBA, with nearly 900 pages of...
At the McPherson County Community Foundation (MCCF), we’re honored to work with our donors and fund holders to achieve a wide range of charitable giving priorities often involving multiple charitable giving vehicles. It’s not uncommon, for example, for an individual’s or couple’s “portfolio” of philanthropy...
Whether you’ve supported a fund at the McPherson County Community Foundation (MCCF), established your own fund, or are considering whether to get involved, it’s important to know that the team at MCCF keeps a watchful eye on tax law changes that could impact your plans...
As individuals, families, and businesses get more involved in charitable giving, it’s not uncommon to become overwhelmed with all the options for supporting favorite charities. Plus, it can be hard to know what really makes a difference. The McPherson County Community Foundation (MCCF) is here to...
“Philanthropist” is a big word that often conjures up images of the ultra-wealthy making big donations to charities, especially when people like Bill Gates have been in the headlines lately. But the definition is much broader than that. Merriam-Webster defines “philanthropist” as “one who makes...
As 2025 continues to deliver twists and turns, it’s important to keep talking about philanthropy. Charitable giving is a vital strategy for you, even in times of economic uncertainty. Here are three trends to watch as you guide your way through an unpredictable era and...
If you’ve been around foundations over the years, you’ve certainly heard the term “charitable remainder trust,” sometimes called a “CRT.” For most attorneys, CPAs, and financial advisors, CRTs don’t come along every day. Because a CRT can be such an effective planning tool in certain situations,...
The number of private foundations in the United States is nearing 150,000 with combined assets topping $1 trillion, so it’s no wonder that a lot of people immediately think about establishing a private foundation when they begin to explore structuring their charitable giving activities. Recently, though,...
If you are 70 ½ and older, by now you’ve likely heard about a charitable giving tool called a Qualified Charitable Distribution (“QCD”), allowing you to direct a distribution from your IRA to an eligible charity, such as a designated fund, unrestricted fund, or field-of-interest...