The momentum around Qualified Charitable Distributions (“QCDs”) keeps rolling forward! What’s more, proposed legislation could make QCDs available through additional retirement accounts, creating even more opportunities for clients to support the causes they care about while advancing tax and retirement planning objectives.
Many attorneys, CPAs, and financial advisors are diving deeper into understanding split-interest gifts. These include charitable gift annuities and charitable remainder trusts, which can help advisors find ways for clients to balance their financial and income planning with charitable goals. This means it is crucial for advisors to understand the differences between these vehicles, and the community foundation can point you in the right direction.
As you help your clients plan their charitable giving strategies, take a look at opportunities for clients to make unusual noncash gifts, including classic cars, boats, RVs, and even aircraft. Many clients hold substantial wealth outside traditional investment portfolios, and these assets can create unique charitable planning opportunities when approached thoughtfully.
If you’re interested in living an altruistic lifestyle while still watching your wallet, check out this list of unique things you can donate besides money.
A record $186,782 in scholarship funds was awarded this spring to graduating seniors from 11 area high schools by the Fremont Area Community Foundation. In addition, FACF administers scholarship funds for North Bend Central School which totaled $31,100 this spring.
Today we’re going to discuss everything you need to know about Memorial Day: where it came from, why it’s important and how you can honor our nation’s heroes today.
When it comes to living a positive lifestyle, our habits either make or break us. If you’re interested in starting a habit that you can actually stick with, check out these useful tips.
You want to make a difference, but aren’t sure where to start without money. Fortunately, we have ideas to help you donate to charity without breaking the bank.
Charitable lead trusts may not come up often—but when they do, they can be powerful. The community foundation is happy to share why charitable lead annuity trusts (“CLATs”) are getting renewed attention, especially because of a recent IRS ruling, and how these vehicles can help certain clients achieve both charitable and estate planning goals.
You may already be well-versed in recent tax law changes—but many clients are just now starting to pay attention. The community foundation keeps you up to date on key developments affecting charitable giving and offers practical reminders to help guide your client conversations in a shifting landscape.
