Jul
11th

Community Foundation Meets $2 Million Match

Categories: Foundation Advisor eNews |

Thank You  For Helping Us Reach Our
$2 Million Matching Goal

 

To our current and past board, volunteers, staff, professional advisors, fundholders, donors and our entire community, thank you for helping us reach our $2 million matching grant goal from Lilly Endowment, Inc.! We couldn’t have done this without you. 

Due to your support we were able to raise over $2.9 million, which will help us create lasting impact on our region’s needs as identified through our recently released Community Needs Assessment.

With your support, this successful matching campaign will generate an additional $188,000 per year to support the charitable causes that are important to our community and fundholders.

Thank you for your continued support and allowing us to be your trusted partner, resource and steward in philanthropy.

View the press release and list of supporters here.


Monthly Gift Planning Tips

Valuable Resources for You and Your Clients

 

Defective, on Purpose

Assets in inter vivos charitable lead trusts can revert to the donor or pass to family members when the trust ends . . . more

 

Save by Giving

Code §121(b) allows a $250,000 capital gains exclusion on the sale of a principal residence ($500,000 for married couples) . . . more

 

A Deduction for “Doing Nothing”

Many people complain about urban sprawl, but certain donors do something about it – and get a charitable deduction to boot [Code §170(h)(1)] . . . more

 

Giving Authority to Give

The IRS and courts have generally taken the position that, unless an attorney-in-fact under a durable power of attorney has the specific authority to make gifts, the transfers do not qualify under the annual exclusion [Code §2503(b)] . . . more 

 Content courtesy of R&R Newkirk.


Advisor Resources 

Have a Question? 

The Community Foundation’s website offers a range of resources to help you serve your clients including access to PG Calc, the Charitable Giving Tax Service, and the Advisor Toolkit from R&R Newkirk.

The Community Foundation of Southern Indiana is honored to be your partner in philanthropy. If you or your client would like to learn more about our giving options and how they can benefit from a fund at CFSI, please contact me at (812) 948-4662 or  lspeed@cfsouthernindiana.com and I’d be happy to help. 

Sincerely,

Linda Speed