"Did the rules change for Qualified Charitable Distributions?" The short answer is no: The One Big Beautiful Bill Act did not directly change the IRS's rules for Qualified Charitable Distributions. Through a QCD, a taxpayer who is over the age of 70 ½ can direct up to $108,000 (in 2025) from
The Community Foundation of Shelby County recently awarded more than $119,000 to local organizations during its Spring Community Grants cycle. Grant money comes from several sources, including gifts to the annual Community Foundation Partners program and earnings from the Community Impact, Roscoe Beanblossom, Kermit and Ella Kuck and Prime the
6 Life Events You Should Be Aware Impact Estate Planning Below are six common life events that should cause you to review or update your core estate documents. 1. You get married. Marriage brings many exciting changes — including adjustments to your finances and your estate plan. You should
2024 Fall Grants In the fall of 2024, your gifts helped our Grant Committee fund ten grants that helped local residents with needs for today and formative opportunities for tomorrow. Built up with support from your contributions to the Foundation, the Community Impact Fund, The Memory Fund, FISH Fund, Monarch Machine Tool Company Legacy
Supporting Education with a Twist! You made it possible for the Foundation to award 209 scholarships in 2024. Did you know there are other ways to support educational initiatives in our community? 1959 Sidney High School graduate Scott Spinner recently established a Fund that will benefit the Sidney High School Marching Band
We Can Help you Create Your Legacy The Foundation helps create charitable legacies on behalf of donors for many reasons. For example, you may have no heirs and want to ensure causes are supported beyond your life, you may haveheirs but want philanthropy to remain a family value, or it is a way for you
Teaching your Children to Give Back to Society 1. Lead by Example Children are sponges and they are very receptive to their environments. The best way to teach them is leading by example. Charity is a learned behavior. There are multiple ways to do this. One option is to start a family fund through
Making a Large Donation with Appreciated Assets Capital campaigns are re-emerging after COVID-19. With capital calls, “the asks” can be rather significant. Before reaching for your checkbook, consider donating an appreciated asset such as stock. Picking the right asset can potentially maximize the impact of your giving for you and the
Philanthropy versus Fundraising The words philanthropy and fundraising are often used interchangeably. Yet each has a very distinctive meaning. We often think money is the driving force for doing good. However, our values and beliefs create that drive. Philanthropy is our love for humanity. It focuses on impact and outcome, not money. Whereas fundraising
