Donor News

13 Dec Structured philanthropy: A process relieves the pressure

Posted at 16:40h in Donor News

Helping families create a meaningful structure for their philanthropy has long been a hallmark service of the McPherson County Community Foundation(MCCF). That structure and the resulting discipline are increasingly important as both wealth and charitable giving more frequently span multiple generations. Indeed, spontaneous and unstructured...

07 Dec FAQs on QCDs

Posted at 14:54h in Donor News

You can have MAXIMUM impact on your community by donating your required minimum distribution. The higher standard deduction, which for 2023 will be $13,550 for singles and $27,700 for joint filers, has caused fewer taxpayers to take the itemized deduction on their tax returns. While this...

07 Dec Your donor-advised fund: Think “hub,” not “autopilot”

Posted at 14:50h in Donor News

Perhaps you established a donor-advised fund at the McPherson County Community Foundation (MCCF) years ago, or you set up a donor-advised fund more recently. Whatever the case may be in your situation, it’s a great idea to consider a few best practices for ensuring that your...

30 Nov Philanthropy tips and trends

Posted at 16:02h in Donor News

Many eyes are on the Charitable Act, which, if passed, would allow for deductible charitable contributions that exceed the standard deduction. The Charitable Act proposes to restore the pandemic-era “universal charitable deduction” and raise the cap from $300 for individuals ($600 for joint filers) to...

16 Nov Crisis giving: Avoiding pitfalls

Posted at 13:05h in Donor News

Whether you’re motivated to respond to needs created by a conflict, accident, or natural disaster, it’s human nature to want to help—especially through financial support. All too often, a tragic event occurs and is quickly publicized through news accounts or social media. Then, the dollars...

09 Nov Gifts of “complex” assets deliver multiple benefits

Posted at 17:12h in Donor News

When you think about supporting your favorite charities or making contributions to your donor-advised or other type of fund at the McPherson County Community Foundation(MCCF), cash may be the first thing that comes to mind. It seems so easy to just write a check or...

02 Nov Get ahead of the year-end rush

Posted at 17:19h in Donor News

Holidays and tax planning (although very different in the ways they are celebrated!) are both year-end traditions. No doubt (?) you’ve got the holidays covered, and perhaps your advisors are already helping you make sure your tax planning is in place. It’s a good idea...

26 Oct Fourth quarter jitters: Charitable giving tips to reduce your stress

Posted at 15:30h in Donor News

You are not alone if you begin to feel a little anxious when October rolls around. Many people experience year-end stress, whether because of looming deadlines at work, tax-related estate planning cut-off dates, anticipating a busy holiday season of travel and social engagements, or simply the...

12 Oct Retirement strategies: Tax benefits and beyond

Posted at 16:32h in Donor News

At the McPherson County Community Foundation (MCCF), we regularly talk with retirement-age donors and fund holders about the tax benefits of Qualified Charitable Distributions and leaving bequests of IRAs to a donor-advised fund at MCCF. But getting involved in philanthropy can be so much more...

05 Oct Take advantage! Employee Match Programs.

Posted at 16:31h in Donor News

It's that time of the year that donors will start to think about their end of year charitable gifting. Just like your family, companies think the same way. While most companies do give out donations to organizations they support some, like CHS and Edward Jones,...