If you own a private company, you might have a long list of things that keep you up at night. After you tick through budgets, employees, customers and competitors, is your exit strategy at the bottom of the list? If you’re not a late-night worrier, maybe you spend your nights dreaming of retirement, knowing that you’re working hard now to …
Estimate Tax Deductions, Annual Payments, and More Using a Charitable Remainder Trust Calculator
For those with highly appreciated assets and a desire to receive an income stream while mitigating taxes and supporting a charitable organization, a charitable remainder trust (CRT) might be the solution. A CRT is a “split-interest” giving arrangement, allowing philanthropically minded people to support their charitable goals, yet they or their beneficiaries receive income from the trust. Once the distributions …
Power of Participatory Grantmaking: A Conversation with Food & Farm Communications Fund
Esperanza Pallana, Executive Director of the Food and Farm Communications Fund, recently joined Gwen Wurst, a Senior Philanthropic Advisor at Greater Horizons for an insightful conversation on the power of participatory grantmaking and how the Fund is transforming our food systems. Relying on a donor-advised fund for administrative structure and support, the Food and Farm Communications Fund is able to …
Endowments and the Intersection of Trust-Based Philanthropy: Investment Options for Nonprofits with Long-Term Goals
Fundraising is not easy. To our friends in development roles at nonprofits across the country, we see you and applaud the critical work you do to ensure charities have the resources to help make our world a better place. We understand that your priority is likely procuring donations for the current fiscal year. As you consider more long-term fundraising, you …
Your Guide to Donating Complex Assets
With a donor-advised fund or other charitable investment accounts, you can easily set aside gifts of cash and publicly traded securities for your immediate or long-term grantmaking. Our team at Greater Horizons is equipped to handle more complex gifts to donor-advised funds, too, which means you can consider your full financial portfolio for your philanthropy. In this short video, President …
Forbes Insights: Donor-Advised Funds Provide Lasting Support for Charities
In a recent Forbes article, “Donor-Advised Funds and Charities: Partnering to Provide Lasting Support,” Greater Horizons President and CEO Debbie Wilkerson highlights the benefits and potential of donor-advised funds in enhancing charitable giving. The piece addresses the growing importance of donor-advised funds in the philanthropic landscape, specifically their tax advantages, flexibility, and ability to simplify and streamline the giving process. …
Emerging Stronger through Corporate Philanthropy
We’ve entered a new age of corporate culture. How we do business has adapted through a global pandemic, racial unrest and changing working environments. How are companies engaging employees through philanthropy, especially as we navigate this new normal? We spoke to several companies that partner with Greater Horizons to learn what’s working for them. Use a Corporate Donor-Advised Fund to …
Terracon Foundation: Committed to Making a Difference
Since its founding more than 15 years ago, the Terracon Foundation has awarded nearly $4 million in grants, matching gifts and scholarship awards. With more than 6,000 employees nationwide, the consulting engineering firm works to balance purpose and corporate responsibility through the work of the Terracon Foundation. The Foundation reflects Terracon’s commitment to employee-ownership by encouraging employees to become engaged …
Q&A with Black & Veatch Foundation
Created as a corporate donor-advised fund in 2008, the Black & Veatch Foundation has granted more than $20 million to nonprofit organizations in the communities where Black & Veatch employees live and work. With a robust corporate giving program, the global company is committed to supporting charitable organizations and programs that create significant, measurable impact aligned with the company’s mission and …
Turkey and Syria Earthquake: How to Help Now
On February 6, a 7.8 magnitude earthquake struck southern Turkey near the northern border of Syria, followed by another 7.5 magnitude earthquake just nine hours later in the same region. The impact of this disaster is not yet fully known, but the World Health Organization estimates that at least 23 million people will be impacted in some way. At the …