Charitable Remainder Trust

Posted on Dec 28, 2015 | 0 comments

What is it? A trust that pays income for life or a term of years to the donor and/or others. At the end, assets remaining in the trust are transferred to the charity you designated.   What’s in it for me? A CRT can help you diversity assets, avoid or defer capital gains tax, secure often-greater income, and possibly provide inflation protection.   How do I set it up? Sit down with your professional advisor(s) to create a trust that...

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January 7th “NFP Tools for Success”

Posted on Dec 28, 2015 | 0 comments

Thursday, January 7, 2016 5:00 pm   Getting the Word Out – Make Sure Your Marketing Contact List & Tools are Up-to-Date Roundtable Brainstorming Session   Is your media contact list up-to-date? What social media tools do you use?  Are they linked for cross-posting?   This session appropriate for the staff, board, and volunteers of schools, churches, social service agencies, and other not-for-profit organizations.   Please...

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NEW – IRA Charitable Rollover!

Posted on Dec 28, 2015 | 0 comments

The IRA Charitable Rollover of past years was made permanent on December 18th. Donors who are age 70-1/2 and older are able to make donations to charity from their IRA without needing to claim that distribution as income. This provision has been available in years past but was just signed into law on a permanent basis on December 18, 2015, and is retroactive to January 1, 2015. This is an excellent opportunity for Grundy residents to establish...

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Satellite offices available for area nonprofits

Posted on Dec 25, 2015 | 0 comments

Monday, Aug. 24, 2015 Hopefully by now you’ve heard that the Community Foundation of Grundy County is moving offices. As of Sept. 1, our address will be 520 W. Illinois Avenue in Morris. Does that address sound familiar? It used to be We Care of Grundy County’s condo in the Canalport Community Center at the far west end of Illinois Avenue. The CCC is a nonprofit hub. Our neighbors are the Grundy County Historical Society, the Christian Youth...

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