The Community Foundation of Western Nevada is multi-faceted. We perform services like commercial gift funds managed by Fidelity and Vanguard, like trust companies, and have been compared to a philanthropic bank. Except we are not. Community foundations have always...
The Community Foundation of Western Nevada began in 1998 as a small collection of Donor Advised Funds (DAFs). Our founders followed the business model successful for fast-growing community foundations in the Bay Area. Virtually 100% of the assets we...
By Ginny Harding-Davis Chief Advancement Officer Just last week, our Program Officer Lauren Renda and I sat down with a member of the Community Foundation’s Professional Advisor Council. The financial advisor brought his clients to the Community Foundation of Western...
These days, have you noticed that many of the donors listed to charities are family funds such as the Smith Family Fund or the Jones Charitable Fund at the Community Foundation? These donors are using a donor advised fund...
The word I am hearing from professional advisors and others involved with stock is that it’s not the time to sell, even though the market is high, because the tax situation may be better next year. That is certainly...
If you’ve been watching and reading the news, you know that there are many proposed changes coming, including to our tax code. I follow them with an eye towards how those changes may affect charitable giving. If you are...
Here we are post-Thanksgiving, are your holiday decorations up? Are your house lights glowing and is the tree trimmed? Do you have plates of cookies and fudge on the counter in case someone comes by, and perhaps a fresh...
Donor Advised Funds are being promoted these days by giant investment firms (Fidelity, Schwab, Goldman Sachs), Universities and other national charities. A donor advised fund is a popular way to give because you don’t need to have a tremendous amount...
I subscribe to the Chronicle of Philanthropy, which is typically pretty good about vetting articles. But an article by Ray Madoff about donor-advised funds shouldn’t have gotten past their editors. He seems to have a big problem with donor-advised...