Cleveland

/Cleveland

Meeting Needs in New Ways

While many of us have the luxury of “sheltering in place”, with food and necessities, some are not so fortunate. Below are some of the organizations in our community meeting emergency needs and ways that you can support the work they are doing. Caring Place: Food (via drive through delivery at Wildwood location), Sac Pac [...]

By | April 10th, 2020|Cleveland, Disaster Relief, Giving, News, Non-profits|Comments Off on Meeting Needs in New Ways

CARES ACT: TAX CHANGES

Expanded charitable contribution deductions For charitable contributions made in 2020, there is now available an unlimited charitable deduction for cash contributions to public charities, for taxpayers who itemize deductions (file Schedule A as part of their Form 1040). This means that for every dollar contributed, an income tax deduction will be allowed up to the [...]

By | April 8th, 2020|Cleveland, Funds, Giving, News, Tax benefits|Comments Off on CARES ACT: TAX CHANGES

The CARES Act offers relief for nonprofits during this unprecedented time

On March 27, 2020, the federal government enacted the Coronavirus Aid, Relief, and Economic Security Act. The $2 trillion CARES Act includes emergency relief for individuals, businesses, medical centers and nonprofits. There are some important time-sensitive implications for 501(c)(3) nonprofit organizations that we want to bring to your attention. You may want to act quickly [...]

By | April 4th, 2020|Cleveland, Disaster Relief, News, Non-profits|Comments Off on The CARES Act offers relief for nonprofits during this unprecedented time

Improve Your Impact Through Planned Giving

Planned giving is one of those things everyone thinks they know, but often do not. While there are several ways of defining planned giving using technical language, this simple description works in almost every situation: A planned gift is any gift that takes more than two minutes to make. Essentially, a planned gift is any [...]

By | March 2nd, 2020|Cleveland, Funds, Giving, News, Tax benefits|Comments Off on Improve Your Impact Through Planned Giving

Professional Advisor Seminar

The Community Foundation hosts an educational seminar each year specifically designed for professional advisors, which offers continuing education credits for CPAs and Attorneys. Each seminar presents timely issues and new developments in estate and financial planning that helps you help your clients. The 2019 Seminar is scheduled for November 12, 2019 at Lee University. Agenda: [...]

By | October 22nd, 2019|Cleveland, Events, Training|Comments Off on Professional Advisor Seminar

There’s Strength in Numbers…Literally!

By Susan Poole Ever wonder why people choose to give through an endowment fund at a community foundation? It’s all about continuity. Endowments are permanent funds where the principal is invested, while a portion of the fund is distributed annually to charitable causes. Individual gifts are preserved in perpetuity with the funds pooled for maximum [...]

By | October 10th, 2019|Cleveland, Funds, Giving, Scholarship, Uncategorized|Comments Off on There’s Strength in Numbers…Literally!

Movies in the Park 2019

Pack up your chairs and blankets and get ready to watch a movie under the stars! The Community Foundation’s Emerging Leaders Council is presenting the movie Hotel Transylvania on Saturday, June 8 at Greenway Park. “We encourage you to gather your family and spend quality time together while watching a family-friendly movie on a giant [...]

By | April 29th, 2019|Cleveland, Events, News, Summer Activities|Comments Off on Movies in the Park 2019

Becoming a Family That Gives

At the Community Foundation, it’s our job to help folks in our community realize their potential to give and help them easily navigate the process. We often get questions from families who wish to make giving a part of their family’s life, but giving is very personal and we rarely share information about our individual motivations or finances [...]

By | February 25th, 2019|Cleveland, Funds, Giving, Scholarship, Uncategorized|Comments Off on Becoming a Family That Gives

How to Give Strategically

The Tax Cut & Jobs Act of 2018 (Tax Reform) almost doubles the size of the standard deduction from $6,350 to $12,000 for single taxpayers. For couples filing jointly the standard deduction increases from $12,700 to $24,000. This will reduce the number of taxpayers who will itemize their deductions—including charitable gifts. Tax reform may provide [...]

By | November 26th, 2018|Cleveland, Funds, Giving, Tax benefits|Comments Off on How to Give Strategically

Community Foundation Announces Two Recipients of the Ocoee Foundation Scholarship

Walker Valley’s, Brandon Akiona and Bradley’s Julia Sandryka have each been awarded the Ocoee Foundation Scholarship for 2018. The $8000 scholarship provides $2000 per academic year for a possible total of four years based on satisfactory progress toward a degree. Margaret Sheehan, Ocoee Foundation Board member, presented the scholarship to each student at their respective [...]

By | May 31st, 2018|Cleveland, Funds, Giving, Scholarship|Comments Off on Community Foundation Announces Two Recipients of the Ocoee Foundation Scholarship