Charitable giving is always an important strategy to discuss with your clients. Many high net worth individuals are philanthropic, of course, and charitable gifts reduce taxable income and avoid estate taxes. Charitable giving strategies are particularly relevant as you and your clients address the possibility of increases in income and capital gains taxes for high […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/Icon-wtree.png315851Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-11-04 11:25:302024-11-04 11:25:30Navigating decisions with high net-worth clients around funds, private foundations and multi-generational legacies
Many eyes are on the election aftermath seeking clues about what might happen to the tax laws. Of particular interest is the much-analyzed sunset of the higher estate tax exemption, scheduled for the end of 2025 absent intervening legislation. “Absent intervening legislation” is the key, of course. The November 2024 elections will not immediately change […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/10/election.jpg6741218Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-11-04 11:09:482024-11-04 11:09:48Essential conversations before that estate tax law changes (or doesn’t)
Here’s a few tips summarized from the October WSVA radio show with Executive Director Revlan Hill. 1. Do your homework before you give. “Learn a little bit about the organization. Who are the board members? What is that organization accomplishing? How many people are they serving? What are they doing with their money? What is […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/10/hands-heart.jpg388363Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-10-15 15:43:432024-10-15 15:43:43Giving in Times of Disaster: Tips for feeling good about your donation
A new giving option with The Community Foundation of Harrisonburg and Rockingham offers an efficient way for donors to benefit from Qualified Charitable Distributions and help our local nonprofits. By allowing TCF to do the work, donors save time and energy, and experience the rewards of hassle-free giving. How does it work? Donors or their […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/10/QCD-graphic.jpg389636Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-10-04 09:58:382024-10-04 09:58:38Save time and energy – and give more – with our new easy QCD Program
Many of your philanthropy-minded clients enjoy attending fundraising events for their favorite charities. Especially as community events start ramping up this fall, you’ll want to be aware of a little wrinkle in the IRS rules that may surprise your clients so much that they ask you about it. Here’s how this might go. Client: “We […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/10/tickets.jpg444614Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-10-03 14:25:172024-10-03 14:25:17Event tickets: Beware of the split
UPDATE 10/17/2025: The fund has raised a total of $63,150 for relief efforts. Dukes Support Mountaineers, a new charitable fund opened this week by The Community Foundation of Harrisonburg and Rockingham, welcomes donations to support Appalachian State University’s disaster relief efforts. The fund was started by James Madison University alumni and patrons Joe and Debbie […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/10/JMU-App-State.jpg485492Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-10-01 14:58:232024-10-01 14:58:23‘Dukes Support Mountaineers’ fund collecting donations for Appalachian State community
In early September, Anna Wagner found herself putting in some long days in a two-week stretch. Wagner, director of accounting at The Community Foundation of Harrisonburg and Rockingham, finished a major phase of the annual audit and turned immediately towards prepping for the Finance, Administration, and Operations Group (FAOG) national conference. On Sept. 10, she […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/2024-Conference.png788940Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-23 12:59:282024-09-23 12:59:28Director of accounting shares best practices at national conference
From meals for the elderly to new downtown art, healthy pets and an insulated emergency shelter, 12 area nonprofits benefited from a total of $159,516 awarded from seven endowed funds managed by The Community Foundation of Harrisonburg and Rockingham. Grant applications for the 2024-25 cycle are in the review process, with awardees to be announced […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/Web-feature-image.jpg643763Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-19 11:08:532024-09-19 11:08:53Making A Difference: Organizations Report Impact of 2023-24 Community Foundation Grants
The Community Foundation’s scholarship program was September’s focus with WSVA host Jim Britt. Ann Siciliano, director of programs services, and Lauren Jefferson, director of marketing and programs, talked about the rewards of starting a scholarship and how the funding can impact local residents, as well as donors. The foundation offers 25 scholarships funding students in […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/WSVA-550-logo.png280557Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-18 14:31:192024-09-18 14:31:19Scholarships on WSVA: Why and How to Start One with Ann and Lauren
How much is too much? That’s a question many parents ask as they structure lifetime gifts and bequests to children in their financial and estate plans. Wealthy clients are sometimes concerned that leaving millions of dollars, or even hundreds of thousands, to their children could backfire and hinder their kids’ ability and motivation to achieve […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/Icon-family.png315851Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-06 14:14:382024-09-06 14:14:38Less can be more: Charitable giving helps parents pass wealth to children
We’re hearing from more and more attorneys, accountants, and financial advisors that your clients are expressing interest in giving real estate to charity. This is wonderful news! You’re certainly aware that gifts of real estate to a fund at the community foundation, just like gifts of other long-term capital assets, can be extremely tax-efficient. That’s […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/Icon-wland-1.png315851Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-06 13:58:112024-09-06 13:58:11Gifts of real estate: Watch every step
“Nothing is so fatiguing as the eternal hanging on of an uncompleted task.” –William James Procrastination is a drain in ways that go far deeper than the incomplete task itself. We know this intellectually, but it can be so hard to break the procrastination habit. It seems that the more daunting the task, the harder […]
https://tcf-stage.stage3.estlandhosting.com/wp-content/uploads/2024/09/Icon-wtree.png315851Lauren/wp-content/themes/enfold-child-estland/images/est-logo.svgLauren2024-09-06 13:49:342024-09-06 13:49:34Charitable planning can help ease client procrastination
Navigating decisions with high net-worth clients around funds, private foundations and multi-generational legacies
Charitable giving is always an important strategy to discuss with your clients. Many high net worth individuals are philanthropic, of course, and charitable gifts reduce taxable income and avoid estate taxes. Charitable giving strategies are particularly relevant as you and your clients address the possibility of increases in income and capital gains taxes for high […]
Essential conversations before that estate tax law changes (or doesn’t)
Many eyes are on the election aftermath seeking clues about what might happen to the tax laws. Of particular interest is the much-analyzed sunset of the higher estate tax exemption, scheduled for the end of 2025 absent intervening legislation. “Absent intervening legislation” is the key, of course. The November 2024 elections will not immediately change […]
Giving in Times of Disaster: Tips for feeling good about your donation
Here’s a few tips summarized from the October WSVA radio show with Executive Director Revlan Hill. 1. Do your homework before you give. “Learn a little bit about the organization. Who are the board members? What is that organization accomplishing? How many people are they serving? What are they doing with their money? What is […]
Save time and energy – and give more – with our new easy QCD Program
A new giving option with The Community Foundation of Harrisonburg and Rockingham offers an efficient way for donors to benefit from Qualified Charitable Distributions and help our local nonprofits. By allowing TCF to do the work, donors save time and energy, and experience the rewards of hassle-free giving. How does it work? Donors or their […]
Event tickets: Beware of the split
Many of your philanthropy-minded clients enjoy attending fundraising events for their favorite charities. Especially as community events start ramping up this fall, you’ll want to be aware of a little wrinkle in the IRS rules that may surprise your clients so much that they ask you about it. Here’s how this might go. Client: “We […]
‘Dukes Support Mountaineers’ fund collecting donations for Appalachian State community
UPDATE 10/17/2025: The fund has raised a total of $63,150 for relief efforts. Dukes Support Mountaineers, a new charitable fund opened this week by The Community Foundation of Harrisonburg and Rockingham, welcomes donations to support Appalachian State University’s disaster relief efforts. The fund was started by James Madison University alumni and patrons Joe and Debbie […]
Director of accounting shares best practices at national conference
In early September, Anna Wagner found herself putting in some long days in a two-week stretch. Wagner, director of accounting at The Community Foundation of Harrisonburg and Rockingham, finished a major phase of the annual audit and turned immediately towards prepping for the Finance, Administration, and Operations Group (FAOG) national conference. On Sept. 10, she […]
Making A Difference: Organizations Report Impact of 2023-24 Community Foundation Grants
From meals for the elderly to new downtown art, healthy pets and an insulated emergency shelter, 12 area nonprofits benefited from a total of $159,516 awarded from seven endowed funds managed by The Community Foundation of Harrisonburg and Rockingham. Grant applications for the 2024-25 cycle are in the review process, with awardees to be announced […]
Scholarships on WSVA: Why and How to Start One with Ann and Lauren
The Community Foundation’s scholarship program was September’s focus with WSVA host Jim Britt. Ann Siciliano, director of programs services, and Lauren Jefferson, director of marketing and programs, talked about the rewards of starting a scholarship and how the funding can impact local residents, as well as donors. The foundation offers 25 scholarships funding students in […]
Less can be more: Charitable giving helps parents pass wealth to children
How much is too much? That’s a question many parents ask as they structure lifetime gifts and bequests to children in their financial and estate plans. Wealthy clients are sometimes concerned that leaving millions of dollars, or even hundreds of thousands, to their children could backfire and hinder their kids’ ability and motivation to achieve […]
Gifts of real estate: Watch every step
We’re hearing from more and more attorneys, accountants, and financial advisors that your clients are expressing interest in giving real estate to charity. This is wonderful news! You’re certainly aware that gifts of real estate to a fund at the community foundation, just like gifts of other long-term capital assets, can be extremely tax-efficient. That’s […]
Charitable planning can help ease client procrastination
“Nothing is so fatiguing as the eternal hanging on of an uncompleted task.” –William James Procrastination is a drain in ways that go far deeper than the incomplete task itself. We know this intellectually, but it can be so hard to break the procrastination habit. It seems that the more daunting the task, the harder […]