Friday, August 12, 2016 - 9:00am
For foundations that offer charitable remainder annuity trusts (CRATs), a new revenue procedure (Rev. Proc. 2016-41) offers a sample provision that may be included in the governing instrument of the trust (CRAT) and provides that the IRS will treat the sample provision as a qualified contingency within the meaning of § 664(f) of the Internal Revenue Code.
Thursday, July 7, 2016 - 1:10pm
Donor-advised funds (DAFs) are a popular topic these days. DAFs are powerful giving mechanisms set up at financial institutions and community foundations that allow donors to support and remain connected to causes and issues they care about most. When explained, people get it. They see the power and need for DAFs. Despite the inroads we have made in educating elected officials, journalists, and the general public about DAFs, damaging misinformation continues to be put out about them.
Wednesday, May 6, 2015 - 8:00am
The Orcas Island Community Foundation (OICF) is a small but mighty foundation. In 2011, with assets of $4 million spread across 70+ funds, we had outgrown our ‘off the shelf’ bookkeeping software, spending over half of our precious staff time on accounting. We struggled with finding right sized technology.
Thursday, April 16, 2015 - 9:15am
With Spring Break behind us, making plans for the end of the school year and summer is in full effect...
Wednesday, January 7, 2015 - 11:26am
As my boss and Blackbaud CEO Mike Gianoni noted, “#GivingTuesday has gone from a simple idea to become a genuine global phenomenon.” The unofficial start to the end-of-year giving season once again kicked off this #GivingTuesday, December 2nd 2014, and with #UNselfies shared and charitable gifts made, giving is in full-swing.
Wednesday, November 12, 2014 - 2:10pm
As freshman Giovanni Rosales walks across the campus of California State University, Northridge, he observes two types of students.
Thursday, October 9, 2014 - 1:41pm
100 years. A lot happens in 100 years. Just take a moment to imagine life in 1914. An unprecedented World War was just starting. The Great Depression, the Civil Rights movement, and personal computers were still in the future. Even the science fiction of the time couldn’t predict the world of 2014.
Tuesday, September 23, 2014 - 9:00am
The Derby Area Veterans Memorial – Walk of Freedom began in 2004 as a dream.
Friday, September 5, 2014 - 11:37am
On the 100th anniversary of the community foundation – as we contemplate how these crucial institutions can be even more relevant in the next century of their existence than they have been in their first – it’s crucial to look hard at what donors value.
Tuesday, August 19, 2014 - 12:00pm
The idea of coordinated giving days is gaining momentum. These social media campaigns provide an image-building opportunity for community foundations as well as opportunities to build the capacity of our grantees to raise money for themselves.