Bringing together leaders in the field for genuine, authentic, and forward-thinking conversation that illuminates the powerful role of place in the work of community foundations. Place matters, and it remains critical for community foundations to be driving the conversation with donors, nonprofits and community leaders to produce greater outcomes, deeper impact, and drive more significant change in the communities we serve.
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.
This webinar, held in collaboration with Iowa Council of Foundations, covered the tricky legal issues around donor control.
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.
Last week, The Washington Post published an article grossly mischaracterizing the value and importance of DAFs as a philanthropic tool. The Council immediately responded by penning a letter to the editor outlining how DAFs encourage charitable giving and enable community foundations to address immediate and long-term needs at the local level.
Sessions for the Pennsylvania Philanthropy Conference taking place January 25-26, 2016.
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.
With Spring Break behind us, making plans for the end of the school year and summer is in full effect...
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.
As freshman Giovanni Rosales walks across the campus of California State University, Northridge, he observes two types of students.