Join Us: Philanthropy Summit 2018

Join Us: Philanthropy Summit 2018

Join us on October 18, 2018 for a series of conversations with needs and solutions in mind. Learn more from our nonprofit and human service leaders as we explore our community’s roadmap to behavioral health, teen wellness, and substance abuse. Be a part of the dialogue about why philanthropy matters, and how we can work together to strengthen our community. Summit Details Date:  October 18, 2018 Time:  9:00 a.m. to 1:00 p.m. Location:  Loudoun County Public Schools Administration Building, 21000 Education Court, Ashburn, VA 20148 Registration:  There is no cost to attend; however, registration required.  Register Here Summit Preview Registration 9:00 to 9:30. Program 9:30 to 1:00. Census 2020: Gary Bass, Executive Director of the Bauman Foundation, will kick off our morning with an overview of the importance and challenges of a fair and accurate count during the 2020 Census, and collaborative strategies to overcome those hurdles. Teen Wellness: Suzy Bartel of the Ryan Bartel Foundation will introduce us to practitioners who aid teens in our community. Panelists include Dr. John Walker (Loudoun County Department of Family Services), Tom Sweitzer (A Place to Be), and Jennifer Wall (Loudoun County Public Schools). Substance Abuse:Stacey Metcalfe of Inova Health System will moderate a panel discussion focusing on trends and resources in our community to address substance abuse. Panelists include: Dan Luczak (Loudoun Club 12), Amy Paratore (HCA StoneSprings Hospital Center), and Jim Freeman (Loudoun County Community Corrections). Behavioral Health: Carol Jameson of HealthWorks for Northern Virginia will help us understand some of the behavioral health services in our community. Panelists include: Joey Coburn (Friends of Loudoun Mental Health), Michelle Mullany (Inova Health System), and Margaret...
Philanthropy Loses.  Again.

Philanthropy Loses. Again.

Last week’s Washington Post Headline caught my eye—as it must for every other U.S. tax payer, “New estimate: GOP’s second tax cuts would add $3.8 trillion to deficit.” Regardless of your views on politics, tax cuts, and deficits, this newly proposed legislation further erodes incentives for one of America’s most bipartisan and long-held values: charity. As many Loudoun County residents know, we face some of the most lackluster charitable giving rates in the U.S.  Blinded by the fresh paint on the homes and businesses in one of the fastest growing and high-income counties in America, our residents don’t see the need that is, in fact, here. But, this is larger than what we face here in our community. Take, for instance, the estate tax: one of the most pro-social engines to establish legacy gifts in the U.S. Newly proposed legislation offers even deeper cuts to the estate tax paid by only 5,000 of the wealthiest families in America. The Tax Cuts and Jobs Act ratified in December 2017 made the first changes to how Americans report their charitable gifts.  Philanthropic researchers at Philanthropy Outlook have scoured existing data to anticipate how these new laws may affect charitable giving.  Consider that, in years prior, 30% of U.S. households itemized their taxes, providing a vehicle to reduce taxes liability with each charitable gift reported. With the new standard deduction rules beginning in 2018, the number of households that will qualify for itemization is expected to be reduced to 5% from 12.5%.  It will be the larger income earners in our nation who continue to have the option to itemize. And, if...
Donor Advised Funds:  Teaching a tradition of giving from one generation to the next

Donor Advised Funds: Teaching a tradition of giving from one generation to the next

In our backyard, there are two families who are likely to never meet.  The first just lost the transmission in their car and depend upon three jobs to make ends meet. Thankfully, there are a number of nonprofit organizations that will help them stretch their dollars until they are back on the feet.  The other family has been fortunate here in Loudoun County. They are eager to give back. As President/CEO of the Community Foundation for Loudoun and Northern Fauquier Counties, my job brings me into contact with both. We often say that our work is to “connect donors who care with causes that matter.” It is what inspires our FacesofLoudoun.org community service campaign. It is what makes Loudoun County such a great place to grow up and grow old. We have a number of fund “instruments” to help our donors fulfill their charitable vision.  One of the most well-known, donor advised funds or DAFs, are a philanthropic tool used by many different entities.  In our organization, they play an important role in our community. The fact is, over our 19 years serving Loudoun County, we have developed deep expertise in our nonprofit landscape and keen understanding of our community’s needs. DAFs allow us to work directly with caring individuals who seek to philanthropically invest in our community to ensure their gifts achieve the greatest good. Donor advised funds are very nimble and flexible. This is critical when a crisis hits or unexpected opportunities arise: whether it’s advancing a newly identified need or responding to a natural disaster.  What’s more, DAFs are actively invested alongside our community endowments allowing...
Mark Your Calendar: Nonprofit Academy, Philanthropy Summit, and More

Mark Your Calendar: Nonprofit Academy, Philanthropy Summit, and More

As summer comes to an end, the Community Foundation is busy planning and preparing our fall programs.  Don’t forget to mark your calendar and register for our upcoming events!   Nonprofit Academy  The Human Element to Business Development Tuesday, September 11, 2018 9:30 a.m. – 12:00 p.m. Leesburg Junction Register Here Pam Jones, of Extraordinary Transitions – Long & Foster, will facilitate a two-part discussion during this workshop that will begin with focusing on Communication Skills and Secrets and will conclude with an Evaluation Plan of Results.   Building a Wills & Bequests Program for Your Nonprofit Thursday, October 25, 2018 9:30 a.m. – 12:30 p.m. Leesburg Junction Register Here Amy Owen, President and CEO of Community Foundation, will guide you through building a Wills and Bequest program.  Explore ways you can build a program that will attract your donors to your mission with a final gift, often of high impact and generosity. (New to the Nonprofit Academy?  Learn more here.)   2018 Philanthropy Summit Thursday, October 18, 2018 9:00 a.m. – 1:00 p.m. Loudoun County Public Schools Administration Building RSVP Here Join us for a series of conversations with needs and solutions in mind. Learn more from our nonprofit and human service leaders as we explore our community’s roadmap to behavioral health, teen wellness, and substance abuse. Be a part of the dialogue about why philanthropy matters, and how we can work together to strengthen our community.   Other Noteworthy and Upcoming Events Making Sense of Today’s Economy and Investing Tuesday, September 11, 2018 8:00 a.m. – 10:00 a.m. Register Here Estate planning professionals:  join the Loudoun Estate Planning...
The Mean Loudoun Donor

The Mean Loudoun Donor

Meet Susan. She’s here to represent the mean donor in Loudoun County. Rather than mean, I should really say “average” donor. She might surprise you. Susan is great. But, chances are, she leaves Loudoun County every day for work. (53% of Loudoun residents do.) That commute negatively affects Susan’s ties to her community with fewer business connections and probably less knowledge of her community. Susan’s household income is about $120,000 like a substantive majority of households in the county. It’s a good quality of Loudoun County life, named one of the happiest counties in the U.S. Like most of her neighbors, Susan donates about 2% of her discretionary income to charity. That’s 1% less than the average American donating 3% to charity. As explained by The Chronicle of Philanthropy, “A Mismatch Between Need and Affluence,” American communities with high standards of living often have low charitable giving rates. American citizens who don’t come into immediate contact with “need” give less. That describes Loudoun County to a “T.” Loudoun needs aren’t in your face. The last Point in Time study in Loudoun County tallied 134 homeless citizens. Susan has never knowingly seen a homeless person in her neighborhood. The largest local food pantry, Loudoun Interfaith Relief, serves 17,000 people. She can’t see hungry people on her commute. Loudoun Cares, our local information and referral hotline, processed more than 4,000 referrals for people seeking help in rent and utility assistance, clothing, and more. But, those folks don’t call Susan. Loudoun County Department of Family services provides supplemental day-care support for 315 low-income qualifying households, allowing parents to get into the workforce...