Year-End Tax Planning
November 19, 2021
Just days away now, December is a great time to think about charitable needs and to make charitable gifts that provide financial benefits back to the donor. The Community Foundation partners with hundreds of families in incorporating these strategies and has the resources and structure to help families with tax-wise gifts of any size or type.
Selling Income Property + Charitable Passion = Zero Tax Sale
November 11, 2021
Financial and life goals, coupled with a passion for a cause, often motivate people to look into their assets to find something they can turn into charitable dollars. The Community Foundation explores solutions together to help make the most of their gifts. One example is called the “Zero Tax Sale.”
Planned Giving: Understanding What is Often Misunderstood
October 28, 2021
Planned gifts require more planning, negotiation, and counsel than many other gifts, and are associated with a number of state and federal tax benefits. Several "realities" highlight why it is important for individuals and professional advisors to talk about planned giving.
Community Foundation’s 100% Giving Award Reflects 100% Commitment
October 15, 2021
Each year, the Community Foundation's 100% Giving Board Award recognizes those nonprofit organizations for having each of their board members financially support that organization’s work in the region. These stellar organizations are well governed by boards whose members lead by example. While this year’s Nov. 1 deadline is fast approaching, there is still time for your nonprofit to become part of the 2021 program.
Donor-Advised Funds – a GREAT Way to Give
October 08, 2021
What are known as Donor-Advised Funds are popular because they don't require a tremendous amount of money yet offer tax advantages to everyone. People with wealth find these funds are less expensive and require less administration compared to setting up a private foundation. There are key advantages of setting up your Donor-Advised Fund through the Community Foundation of Northern Nevada – advantages you won’t find through commercial funds or national charities. [Click to read the full blog post.]
Time for a Checkup? Annual Physicals Help Keep Charities Healthy
October 01, 2021
Over many years, the Community Foundation has developed tools to ensure our organization's good health, akin to a person who completes a physical exam. Tools also exist for assessing the performance of charities, whether as a donor, professional advisor, or nonprofit operator. The Community Foundation's Philanthropic Services staff performs similar physicals on dozens of charities each year as part of our due diligence for the grant process.
A Special Column, A Special Announcement
September 24, 2021
After nearly 22 years leading the Community Foundation, President and CEO Chris Askin will retire Jan. 28, 2022. The search for his successor is underway. The Community Foundation of Northern Nevada is in great hands with the teamwork of its 11-person staff, dynamic Professional Advisors Council, and dedicated members within the Board, committees, and Ambassadors. The entire Community Foundation team will continue to make our community better for generations to come.
Selling a Business or Investment Property? Learn about the Zero Tax Sale
September 17, 2021
Selling a business or investment property all too often results in needlessly giving money away to the government, especially when charitable giving is a goal. The Community Foundation can combine such transactions with funding a charitable trust, establishing a family foundation or a scholarship fund, and many other ideas. For those who visit with us, we can help them achieve philanthropic goals and often significantly limit their capital gains tax.
Help Spread the Word about Our – Your – Community Foundation
September 11, 2021
While the reach and profile of the Community Foundation of Northern Nevada have grown year by year, many in our community are still not aware all that we offer. We continue to enlist your help in getting the word out about the depth, breadth and value of services we provide. Plus a special 9/11 note of remembrance.
United in Resilience: Join the Virtual 2021 Statewide Philanthropy Summit Sept. 17
September 03, 2021
The Moonridge Group based in Las Vegas will hold its annual Philanthropy Leaders’ Summit on Friday, September 17, 8:30 -11:30 a.m. The event this year is virtual and highly recommended for fundholders and those wanting to learn about the world of philanthropic giving. The Community Foundation of Northern Nevada has helped support this event to educate and engage an ever-growing audience in philanthropy.
Effective Estate Planning Takes Work, Endurance and Expert Help Along the Way
August 27, 2021
Philanthropic services offered at the Community Foundation can help you learn more about your charitable interests. We help people figure out if they want to concentrate their philanthropy on a focus area or restrict it to a single project or program as part of their overall estate plan. We also work with donors to give to charity, AND provide an income stream to their heirs.
Charitable Lead Trusts: A Tool for Your Family’s Financial Future
August 20, 2021
A Charitable Lead Trust is a wonderful tool to help pass along wealth and teach about philanthropy. How much you put in the lead trust, and for how many years, can be part of your estate planning. It can help you limit taxes and pass along as much as possible to your heirs to improve the quality of their lives as well.
Professional Advisors: Partners in Service and Impact in Our Region
August 13, 2021
The Community Foundation of Northern Nevada is privileged to have some 60 attorneys, CPAs, financial advisors, and other advisors listed among our Professional Advisor Council (PAC). These individuals are instrumental to connecting tax-wise and charitably minded clients to the resources and abilities of the Community Foundation. More than half of the gifts received through the Community Foundation are from Professional Advisor referrals. Our team is grateful for our region's many, valued Professional Advisors.
For So Many Reasons, a Donor Advised Fund May Be Right for You
August 06, 2021
Donor Advised Funds offer many benefits: You don't have to make large gifts, you can add to the fund anytime, and there are tax advantages. And, our helpful experts at the Community Foundation of Northern Nevada are here to assist you in setting up the fund. For these and other reasons, many people find the popular funds to be the right choice for them as individuals, for their families, or for their business.
National Standards: The Bedrock of an Exceptional Community Foundation
July 30, 2021
Today’s community foundations are similar in many ways, and it is no accident. Thanks to a national effort by the Council on Foundations two decades ago, the level of services, and operating structure, of community foundations across the country was greatly improved. The adoption of national standards by most foundations was the change that made this happen. The Community Foundation of Northern Nevada transcends national standards in our services, systems, and operations.
Community Foundation of Northern Nevada: At Every Step, Protecting Your Confidentiality
July 23, 2021
The Community Foundation has many advantages when it comes to charitable gift planning. Privacy is especially noteworthy. We meticulously take steps at every stage to ensure the complete privacy and absolute confidentiality in our relationships with donors and fundholders. Total privacy is a key reason we have become so trusted for more than two decades, not only by the people who give to and through the Foundation, but with their professional advisors as well.
Questions and Considerations to Achieve Thoughtful and Informed Charitable Giving
July 17, 2021
Each of us is unique in how we approach charitable giving. Informed, thoughtful consideration can help you have a much more meaningful experience from charitable giving. Here are some questions and considerations to help bring about a great deal of satisfaction and positive feelings associated with giving.
Community Foundation’s Shareholders’ Gathering ‘Connects People’ in a Special Way
July 10, 2021
Planning is underway for the 2021 edition the Community Foundation’s Shareholders’ Gathering this fall. The event is held for those individuals who have personally invested in the Community Foundation, through a gift, establishing a Fund, setting up estate gift “legacy” arrangements, or through the referral of a client.
Margaret Stewart: Two Decades of Growth and Change
July 02, 2021
Margaret Stewart retired as the Community Foundation of Northern Nevada's Director of Communications as of June 30, 2021. CEO Chris Askin – who hired Margaret 21 years ago – reflects on their work together in shaping and growing the organization over the years.
Goodbye Margaret, Welcome David
June 25, 2021
After nearly 21 years as Communications Director, Margaret Stewart retired from the Community Foundation as of June 30, 2021. Yet she is among the first to say that making this a bit easier to weather is the addition of David Stipech, the new Director of Communications and Marketing.
Village on Sage Street Reaches 100% Occupancy
August 07, 2020
Thanks to fundholders and donors the Village on Sage Street is home this winter to 216 people, many of who were homeless or on the verge of homelessness. A stable and secure home is life-changing. Even better, the Village on Sage Street is a warm and welcoming community.