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Food for Thought: Tax-Related and Planning Ideas for Your Charitably Inclined Clients
A major portion of the $80 billion scheduled to be invested in Internal Revenue Service upgrades is earmarked to “increase tax compliance among wealthy taxpayers and businesses,” according to the IRS’s plan.
Community Foundation Tampa Bay awards $1.7M in grants to local nonprofits
The Community Foundation Tampa Bay has selected 58 projects from local nonprofits to receive a total of $1,706,006 through its competitive grant process including $1,313,182 for the FY23 competitive grant process and 9 organizations being awarded multi-year opportunities totaling $392,824 in additional investments.
Marlene Spalten Selected as Chair of FCAN’S Board of Advisors
Florida College Access Network’s Board of Advisors recently selected Marlene Spalten, President and CEO of Community Foundation Tampa Bay, as its new Chair.
Philanthropic partnership meets Sun City Center residents’ needs
The face of food insecurity wears many masks. It may be your neighbor across the street, the little kid in the crosswalk that waves to you each morning on your commute, or the elderly lady so readily eager to give you smile as you pass her walking her dog.
Proposed legislation: Is better deductibility back on the table?
Charitable deduction legislation ebbs and flows. Proposed reform efforts come and go, resulting in the occasional change to the provisions of the Internal Revenue Code governing charitable giving.
Tampa Bay Partnership and the USF Muma College of Business unveil key economic findings at ‘State of the Region’ annual event
he Tampa Bay Partnership and University of South Florida Muma College of Business announced the release of two key economic competitiveness reports that benchmark the regions’ advancements against 19 comparable communities.
Community Foundation Tampa Bay Welcomes Spring Community Fellows
Rebecca Bloomquist, Haley Brown and Logan Mahan. They join us as part of The Alliance for Advocacy and Philanthropy, a collaborative partnership with Stetson University College of Law.
It just keeps getting better: Why charitable gift annuities are having a moment
Charitable gift annuities (CGAs) are becoming more attractive to philanthropists, making this planned giving vehicle a good fit for your clients who like the idea of an up-front tax deduction, a steady lifetime income stream, and a remainder gift to charity.
Impact Story – 360 Eats and Addressing Food Insecurity
The Community Foundation Tampa Bay often makes early investments in nonprofits that are taking a creative or nontraditional approach to addressing a community need.
LEAP Tampa Bay Launches New Website Geared Toward Helping Students Reach Their Goal of Education and Training Beyond High School
LEAP Tampa Bay College Access Network (LEAP), a network of more than 70 community partners committed to changing lives by connecting residents to education and training beyond high school, has launched a newly improved website at www.leaptampabay.org.
In the U.S., the majority of all giving happens in the fourth quarter. There are thousands of worthy nonprofit organizations in our community, and near the end of the year, the requests for support begin to pour into our inboxes and mailboxes.
Hernando County Schools hosted its own version of the popular show “Shark Tank” where middle school students created their own businesses & gave their “elevator pitch” to local entrepreneurs.
Adopt a “donor beware” attitude when making some charitable gifts
Market declines and inflation have made 2022 a more challenging year for some clients to fulfill their traditional giving objectives or early-year gifting intentions.
Hanging in there: Charitable giving in a challenging economy
Earlier this year, Bankrate and Psych Central released the Money and Mental Health study and, not surprisingly, a large number of people surveyed in the research reported that money has a negative impact on their mental health.