As students enter their final high school years, many opt for a post-secondary education journey to help with career advancement. For students choosing to further their education, one question often looms for them: how will I afford it? At the Community Foundation, we help bridge this gap by administering hundreds of scholarship opportunities for students from pre-K through post-graduate to …
When someone mentions “change,” what comes to mind? For some, change is like a cool, fall breeze after a hot summer. It can feel really nice and full of promise. For others, change is like a strong, fast gust, which can feel like a storm is brewing. If you are using a donor-advised fund or another charitable giving vehicle, you …
Multigenerational charitable giving has become a cornerstone of many families’ philanthropic strategies. Professional advisors can be pivotal in guiding families through the complexities of this process. Professional advisors can also help chart a course that aligns with their client’s goals by fostering meaningful conversations among family members. At the Community Foundation, we partner with hundreds of financial advisors, CPAs, attorneys, …
What does a charitable legacy mean to you? When using a charitable giving vehicle like a donor-advised fund or private foundation, you may be thinking about the future of your philanthropy, the impact you will make and what legacy you want to leave for those who come after you. This could raise some questions in your mind: Do I want …
Often when we consider charitable giving, we first think of giving cash or stock. Yet, for many philanthropists, the bulk of their wealth lies in other types of assets, like investments in real estate or private businesses. Sometimes, grassroots or smaller charities aren’t equipped to receive gifts of appreciated assets. This is where donor-advised funds can shine, allowing philanthropists to …
Estate planning attorneys have a number of resources available to help clients achieve their charitable goals after they’ve passed. Among the tools available, a donor-advised fund with a documented grantmaking plan is an excellent option for clients to forge a lasting legacy of generosity that extends to future generations. We can help your clients extend their charitable goals beyond their …
From major life transitions to the small moments in between, financial advisors can be there for every step along the way. Many clients lean on financial advisors to seek guidance in growing their wealth for personal life experiences, but also to use it to better the world around them. Among the different types of charitable investment accounts available, donor-advised funds …
While donor-advised funds have been around since the 1930s, they have recently become the fastest-growing charitable vehicle in the United States, and the Donor Advised Fund Research Collaborative (DAFRC) is at the forefront of leading efforts to study them. The DAFRC aims to help improve best practices and broaden the understanding of how donor-advised funds work in the charitable giving landscape. The …
If you’re stepping into retirement, you might be asking yourself, “What’s next?” Many donors we meet at the Community Foundation already have their answer. They’re pivoting from their working years to their giving years. Some might establish a donor-advised fund. Others dedicate more time to volunteering. Those who are at least 70 ½ years old have another option, as they may …
Late in 2023, Merriam-Webster announced that their word of the year was “authentic.” According to Merriam-Webster, the term had an increase in searches “driven by stories and conversations about AI, celebrity culture, identity, and social media.” Perhaps people were inspired to become more authentic because of the significant events and cultural moments that shaped 2023. While we can’t know what …
