Four Investments in Community—Here’s How

Four Investments in Community—Here’s How

Let’s keep this simple… goodness knows you’re probably busy enough as it is. Still, if you’re interested in making a charitable investment in your community, here are four ideas that are doable and offer impact. Learn. Gaining greater knowledge about your nonprofit community is an excellent first step. Nonprofit staff and leaders know about one another, make referrals, brainstorm with each other, and often meet formally. Invite a nonprofit leader for coffee. Seek out referrals of other nonprofit leaders they see as collaborative, effective, and capable. You’ll gather some helpful insights that can affect your next-step investments. And, if you’re still wondering or confused, come see us at the Community Foundation. We can provide ideas to help you on your path. Volunteer. From loading food, to licking envelopes, to serving as a board member, many nonprofits can put a dedicated volunteer to work. Keep in mind that each charity has unique needs and limited workspaces. So, a decline of your offer isn’t personal. It’s often just practical. Still, be proactive. Visit LoudounCares http://volunteer.loudouncares.org/user/register to match your unique skills and interests with requests from area charities. And, if you have special talents, be sure to bring those up or detail them. Do you love strategic planning? Feel just fine asking a friend for a gift? Love numbers and budgets? Have a background in media, law, or human resources? Those skills are prized in many nonprofit organizations. Share. Charities are challenged by limited resources, to be sure. It’s just the name of the game. Be their ambassador. You can tell their story with friends at the backyard BBQ. You can share...
Taking Charitable Giving Personally: A Donor Advised Fund

Taking Charitable Giving Personally: A Donor Advised Fund

  If you take charitable giving personally, you should let us know. Consider setting up a donor advised fund with the Community Foundation for Loudoun and Northern Fauquier Counties. We offer donor advised funds for anyone who wants to stay actively and personally involved in grantmaking. Grant awards are issued to charities in the name of your fund (or anonymously, if you prefer). Gifts of cash, appreciated stock, real estate, or other assets can be donated to the Community Foundation into your fund. It’s a simple, powerful, and highly personal approach to giving. And, because the Community Foundation for Loudoun and Northern Fauquier Counties is a public charity, gifts made into a donor advised fund benefit from maximum tax advantages. As for the varied annual tax filings with the IRS and State. . . not your worry. The Community Foundation files one, single document with each entity representing your fund and all the funds under its stewardship. On the investment side, assets are pooled for greater diversification, yet accounted for separately, making creation of a fund with even modest assets (the Community Foundation requires a minimum gift of $10,000 to start a personal fund; $25,000 for a scholarship fund) easy from the start. Donor advised funds also help to create family traditions lasting for generations. Including your children and grandchildren in the joy of giving teaches valuable lessons about life. Family members of all ages can work with the Community Foundation’s professional grantmaking staff to target both local and national issues you care about most. Here’s another advantage: A year-end or lump sum gift made to the Community Foundation...