Last year was the 100th anniversary of the enactment of the income tax charitable deduction. Now that the Tax Cut and Jobs Act of 2017 has been enacted, we are all in for an experiment that will test how important tax incentives like the charitable deduction are to instigating and promoting charitable giving. The new tax law has a number
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April 19, 2018 – The Women’s Fund of Central New York is now accepting grant applications. This year, preference will be given to applications that request funding for planning, operating expenses, and/or organizational capacity building. Funding may be used to cover costs related to: Planning (e.g., data gathering; consultants; meetings) Operation (e.g., administrative salaries; utilities) Capacity Building (e.g., staff and
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More than $110,000 in Grants Awarded to Nonprofits in Onondaga & Madison counties April 16, 2018—Every weekday, 66 year-old Grandpa Ray looks forward to seeing his “grandchildren” at the PEACE, Inc. (PEACE) Head Start Merrick School. Ray once struggled with unemployment and alcoholism after leaving the Navy. He found himself homeless and abandoned by his relatives. Now, he spends his
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April 12, 2018 (Pulaski, NY) – The Greater Pulaski Community Endowment Fund is now accepting grant applications from nonprofit organizations serving Pulaski or the Town of Richland. The grant application deadline is May 15, 2018. Proposals are encouraged from a variety of program areas including education, health, social services, arts and culture, civic concerns, and preservation of historic resources.
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Cortland, NY (April 4, 2018) – The Central New York Community Foundation awarded its first-ever Cortland County Bright Ideas grants to nine nonprofit organizations. Each received a $5,000 grant toward a program enhancement. The grants were awarded through the Fenstermacher Fund, which was established at the Community Foundation in 2001 to broadly support causes in Cortland County. Last year, a
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April 3, 2018 – The Central New York Community Foundation has hired one employee and promoted one. Kari Simpkins was hired as Program Associate. She assists with the implementation of the community grant program, special initiatives and nonprofit development programs. A native of Rochester, New York, Simpkins attended Syracuse University and holds a degree in Child and Family Studies with
Read moreNearly 75% of high net worth individuals consider charity to be an important consideration in their financial and estate planning, according to a survey conducted in 2013 by U.S. Trust. This sounds like good news for charities, but the data also highlights a breakdown in action by professional advisors that can derail these good intentions. Only about half of poll
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