3 Rivers Community Foundation

Many Americans hold a significant portion of their net worth in one or more IRAs. Have you thoroughly considered all of the ways your IRA can help you meet your charitable giving goals, both during your lifetime and through a legacy? Giving to charity from an IRA is one of the most tax-savvy moves you can make. Read below to learn more. 

It’s that time of year! You may be starting to review your tax projections to determine an ideal level of charitable giving at the end of 2024. Before you start writing checks, stop to consider the many types of assets that frequently make even better gifts to your fund (or funds) at 3 Rivers Community Foundation. Our team can help you and your advisors identify the best assets for year-end giving, and create a custom charitable plan, just for you.

We’re so glad to see that field-of-interest funds and designated funds are gaining popularity. A field-of-interest fund allows you to support a specific charitable cause by leveraging 3RCF's expertise. A designated fund allows you to support a favorite charity or charities over time. Best of all, if you’re over the age of 70 ½, both of these funds are eligible recipients of Qualified Charitable Distributions (QCDs) from your IRA, up to $105,000 a year. Read the article below to learn more about field-of-interest funds, designated funds, and QCDs.

Qualified Charitable Distributions from your RMD make it easy to reduce your taxable income and achieve your charitable goals all in one smooth move. At 3RCF you can use your QCD to start a fund AND make this year's charitable gifts. At the end of the day you only have to worry about one tax acknowledgment. Contact us to learn how easy and effective this giving tool can be.

The research on charitable giving confirms... it makes people happy! That's no surprise, but you might be interested to learn how the research on these positive emotions connects to the charitable giving tools at 3 Rivers Community Foundation. Lots of reasons to smile!

In this issue of Philanthropy Pulse we look standard deduction planning as a charitable tool... contact us to discuss including this in your short or long-term charitable planning.

Donor-Advised Funds at your local community foundation give you both flexibility and a long term plan for your charitable giving. 3RCF excels at crafting custom charitable plans to make your legacy a reality.

Myth busted! Existing relationships are NOT the only tool for board recruitment for your nonprofit.

We get to spend everyday working with donors like Bob, making their charitable giving easy, effective, and impactful. Directing a portion of your RMD to charity is a great way to give and reduce your taxable income, and our streamlined process makes it convenient for you. Contact us to learn more!

While not everyone can be defined by a "type" there are some common personality traits in charitable giving. What's yours? We'd love to chat about it!