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Welcome to Charitable Insights, a resource connecting you to helpful articles, stories, and ideas from Foundation experts, so that you can make the most of tax, legal, and financial strategies as they relate to your or your clients’ philanthropy.
Charitable Insights
A Legacy of Hope
Oct 28, 2020
For more than 75 years, the Foundation has served as the vehicle through which thousands of people have expressed their own ideals and optimism through philanthropic investment in our community. While the work continues, and the hills to climb remain steep, we applaud the generosity of our donors’ commitment to our community and those who call it home.
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Charitable Insights
Webinar: The Impact of COVID-19 on Nonprofits and Charitable Giving
Jun 30, 2020
Congress first enacted this technique, officially called a “qualified charitable distribution,” in 2006, and made the technique permanent in 2015. It can make charitable giving from IRAs exceedingly easy, which is generally not the case for giving from retirement plans during a donor’s lifetime.
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Charitable Insights
Navigating Legacy Planning During a Pandemic: Helping Clients Find Peace of Mind in a Crisis
May 27, 2020
We all respond to crises differently. Some people buy the extra large bag of M&M’s. Others clean out their closets. Still others reflect on their life and their purpose. These days, many of us are doing all three. If you’ve noticed an increase in clients interested in legacy planning, the COVID-19 pandemic might be the reason.
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Charitable Insights
The Resilience of Philanthropy through Challenging Times
May 12, 2020
Since COVID-19, there's been an increased sense of urgency and a desire for an immediate response to our collective situation. Prospective donors continue to contact The Columbus Foundation to learn how to establish new charitable funds, financial advisors continue to refer charitably-inclined clients, corporations are inquiring about employee assistance programs, and existing donors direct grant support to help their favorite charities—the spirit of giving in response to great need is inspiring.
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Charitable Insights
Charitable Provisions of the CARES Act: What Donors and Advisors Need to Know
Apr 28, 2020
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted into law. Designed to help households, businesses, and nonprofits navigate the fallout of the pandemic, the landmark $2 trillion bill represents the largest economic stimulus package in U.S. history.
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Charitable Insights
Maximizing Tax Benefits by “Bundling” Charitable Contributions
Feb 7, 2020
As we launch into tax season, what better time to assess whether you've been managing your deductions in a tax-advantageous manner? It's been a couple of years since the Tax Cuts and Jobs Act of 2017 (TCJA) nearly doubled the standard deduction to $24,000 for a married couple and $12,000 for a single person.
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Charitable Insights
Advance Your Career and Impact through Chartered Advisor in Philanthropy® Designation
Jan 22, 2020
Looking to expand your professional expertise in 2020? The Columbus Foundation has teamed up with The American College of Financial Services to offer a study group for professionals who are interested in earning the Chartered Advisor in Philanthropy® designation! Advance your career and become your client’s go-to person for all of their philanthropic needs.
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Charitable Insights
5 Things to Know About The Columbus Foundation
Dec 10, 2019
The Columbus Foundation is committed to strengthening the central Ohio community by providing services to donors, advancing the impact of nonprofits, and serving as leaders and conveners in the community. As a comprehensive, community-focused organization, we are built to respond to shifting community needs and opportunities, all thanks to the generosity of donors and philanthropic members of our community.
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Charitable Insights
10 Benefits of Giving through a Donor Advised Fund
Nov 19, 2019
Donor Advised Funds are enormously popular charitable giving vehicles—known for their ease and flexibility. Through a Donor Advised Fund, individuals can make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. Many donors have established Donor Advised Funds at The Columbus Foundation to streamline their giving and maximize their impact.
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Charitable Insights
Conscious Business, Meet Community Foundation. You Should be Friends!
Sep 17, 2019
Conscious Capitalism is a philosophy based on the idea that, when practiced consciously, business can elevate humanity, enabling people to flourish and lead lives infused with purpose and creativity. The synergy between conscious companies and community foundations can be incredibly beneficial.
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