To say that the total dollar amount in Americans’ retirement accounts is massive would be an understatement. Accounting for 30 percent of all household financial assets, at the end of 2022 total retirement assets in the United States topped more than $33 trillion dollars, including...
[gallery ids="4929,4930,4931,4932,4933,4934,4935,4937,4939,4940,4941,4942,4943,4944,4945,4946,4947,4948,4949,4950,4952"] The McPherson County Community Foundation has announced its list of scholarship winners from throughout the county. The Foundations scholarship process utilized a new system for student to apply through and saw increased participation from students county wide. This year 32 scholarships were released totaling...
If you’ve been involved with the McPherson County Community Foundation for a while, you’ve likely heard of the Qualified Charitable Distribution (“QCD”) because we mention it a lot. And with good reason! If you are aged 70 ½ or older, it is well worth your time...
The change of seasons is often an opportunity to catch our breath and reassess. We’re done with taxes, really done with cold weather (hopefully), and feel a sense of renewal as our attention turns to gardening and other growth-oriented, warm weather pursuits. And, many of...
Not a day goes by at the community foundation without our team talking with fund holders–and potential fund holders!--about philanthropy in our community and all the ways charitable giving can make life better for everyone who lives here. Recently, we’ve noticed an uptick in interest...
Though often unappreciated, the annual passage of tax season has benefits. For one, it offers some finality to the prior year in that we finally know if we owe or are due a refund. For example, for the 2021 tax year, the IRS processed 88 million...