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Don’t be surprised if your clients are walking into your office in a state of bewilderment over something they’ve read recently about the IRS’s distribution rules for inherited IRAs.
The Community Foundation Tampa Bay awarded $221,966 to eight area nonprofit projects in the area of Positive Education, designed to promote environments that meet students where they are developmentally, and to emphasize a growth mindset in students.
Our significant growth in assets this past year has enabled our Board of Trustees to lower our annual fees for donor advised funds and family or business foundations.
August is national Make a Will Month, and the publicity surrounding this designation may prompt your clients to ask you about whether their affairs are in good order.
The Community Foundation Tampa Bay has selected 47 projects from 46 local nonprofits to receive a total of $1,041,646 through its competitive grant process.
Please join us in welcoming Dr. Jerrica Peets to our LEAP Tampa Bay team as the new Project Manager for our Florida African American Male Experience (FAAME) grant partnership with St. Petersburg College (SPC).
Over the past two years, the Community Foundation Tampa Bay has helped local businesses gift over $26 Million in closely-held business interest to charity.
Nonprofit financial assistance program launches to help local nonprofit organizations that are providing COVID-19 pandemic-based safety services to the community
Late last month, the White House released a proposed $1.75 trillion revenue package, putting to rest (at least for now) some of the uncertainty as to how sweeping tax reform could upend wealth planning strategies via changes to top marginal rates, a restructuring of the capital gains tax, and lower estate and gift tax exclusions, all of which have been heavily discussed and debated over the last several weeks. For now, those particular big changes appear to have been dropped.
Whether you want to make short-term plans or are considering a long-term strategy, our team can share knowledge about our local nonprofits and the needs in our community.
Community Foundation Tampa Bay invites you to participate in an educational session on how professional advisors are using charitable gift annuities and trusts to help their clients navigate the IRS regulation changes.