Greater Horizons’ leadership work centers on racial equity, specifically focusing on addressing systemic and institutional racism through philanthropic investments. If you are interested in donating to organizations that are working to advance systemic change, here are some options you can consider. ACLU Foundation The ACLU works in the courts, legislatures and communities to defend and preserve the individual rights and …
The CARES Act, signed into law on March 27, includes provisions that affect both individual and corporate donors. Specifically: 60% of AGI Limit Suspended for 2020 For the 2020 tax year, individuals can deduct any cash contributions made to qualified charitable organizations, up to 100% of their adjusted gross income (AGI). Deductions for cash donations were previously limited to 60% …
Terracon, a consulting engineering firm headquartered in Olathe, Kansas, has worked to make giving back part of the everyday company culture. In 2007, the Terracon Foundation was established as a corporate donor-advised fund at Greater Horizons, and has evolved into an expansive corporate giving initiative. In just over a decade, the Terracon Foundation has awarded more than $1.8 million in …
The Tax Cuts and Jobs Act signed into law at the end of 2017 has made many significant changes to both corporate and personal tax laws. These changes, including the nearly doubling of the standard deduction for both individuals and couples, has many contemplating how they can still take advantage of the tax benefits associated with charitable giving. Charities that …
