Donor News

28 Mar News from Washington: An update on donor-advised funds

Posted at 16:42h in Donor News

A few newsletters ago, we shared that our team is closely tracking the IRS’s proposed regulations concerning donor-advised funds, issued in November 2023. Certainly these regulations are just “proposed”; it is unclear whether and to what extent they will become final. If you routinely read financial publications, you...

14 Mar Our door is open: What happens when you meet with the team

Posted at 15:32h in Donor News

At the McPherson County Community Foundation, we are honored to work with generous individuals and families like so many of you who’ve established funds to support the causes you care about and the needs of our community both now and in the future. We’re also...

14 Mar Fund types tailored to your charitable goals

Posted at 15:21h in Donor News

Just as each person has a unique estate plan and financial plan to meet their particular situation and goals, most needs a unique charitable giving plan. For example, for some, giving shares of highly-appreciated stock consistently every year to their fund at the foundation makes...

14 Mar Tax return reviews help level up your charitable giving plans

Posted at 12:16h in Donor News

Tax time has its silver linings! Going over a tax return helps start a productive conversation about ways to plan your gifts to charity more effectively. As you scan 2023’s charitable contributions, Think about whether those charitable gifts were made with cash or with other...

14 Mar Full circle: Grow your philanthropy through recurring gifts

Posted at 11:44h in Donor News

Developing a practice of regular contributions to your donor-advised fund at the McPherson County Community Foundation (MCCF) not only allows you to systematically build a philanthropic nest egg for your annual giving to favorite charities, but also paves the way for your future legacy bequests....

22 Feb A quick note about what’s up at the IRS

Posted at 16:15h in Donor News

Our team is closely tracking the IRS’s proposed regulations concerning donor-advised funds, issued in November 2023. Note that these regulations are just “proposed”; it is unclear whether and to what extent they will become final. The public comment period was recently extended, and the community foundation field...

15 Feb What happens when I leave a bequest to my fund at the community foundation?

Posted at 16:32h in Donor News

Many donors and fund holders at the McPherson County Community Foundation (MCCF) have updated their estate plans to leave a bequest to their donor-advised or other type of fund. Some bequests take the form of a “specific bequest,” which means that the fund at MCCF receives...

08 Feb Big or small, every gift matters

Posted at 16:16h in Donor News

Simplicity, efficiency, and effectiveness have long been cornerstones of working with the community foundation to carry out charitable goals. Time and time again at the community foundation, we see how easily donors who’ve established a donor-advised or other type of fund are able to not...

01 Feb Estate planning: One of the best ways to show you care

Posted at 16:41h in Donor News

Money, mortality, and family relationships. Each of those topics alone can be tough for anyone to address head on, and when you combine them, it’s no wonder so many people put off setting up or updating their estate plans. Establishing a will, trust, and beneficiary designations forces...

25 Jan Invest in impact built on trust

Posted at 16:20h in Donor News

If you’ve supported a particular charitable organization for many years, and perhaps even served on its board of directors, you are likely familiar with some basic concepts of “trust-based philanthropy,” even if you didn’t know that’s what it is called. As a devoted supporter of the...