In June, Pony Bird will finalize its merger with Next Step for Life, creating a “continuum of support across the lifespan of those with developmental disabilities that currently does not exist.”
“It’s amazing to think that we have this incredible benefactor and we don’t know who it is – that they care this much but don’t care about the recognition,” says Bonnie Barczykowski, Chief Executive Officer of the Girl Scouts of Eastern Missouri. Recently, the organization received a multi-year gift from an anonymous donor that was connected through YouthBridge.
We are living in a world where current events continue to present challenges for so many people. No doubt, your clients are relying on you more than ever to help them weather the storms of inflation, financial markets impacted by global unrest, and the looming potential of changes to tax laws.
The number of businesses in the United States totals more than 27 million, but only a tiny fraction of those are publicly traded. Even so, your clients still have plenty of opportunities to give highly-appreciated marketable securities to fund their charitable endeavors.
“For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency.”
You’ve no doubt noticed that donor-advised funds have been featured more prominently over the last few weeks in financial and wealth management publications. That’s in part because the Accelerating Charitable Efforts Act was reintroduced in the House of Representatives on February 3, 2022.
WEPOWER Thinking Bigger for Kids • Jefferson County Library • Nonprofit Merger Announcement • Creativity–and caution–are critical in the digital age • Big gifts are getting bigger • Tax reform and what it means for charitable giving strategies
The Jefferson County Library has big plans. After the disruption of COVID, the library district is back on track with its growth strategies including the opening of a fourth branch later this year, the development of programs and services for users from preschoolers to older adults, and its reliance on technology to elevate its impact on the community.
When WEPOWER was awarded a $150,000 Think Big for Kids grant by YouthBridge in 2020, it was an investment in change. Change led by communities of color for communities of color in the system disparities that are limiting their potential to thrive. “The funding has been transformational,” says Charli Cooksey, WEPOWER Founder and CEO. “At the same time, YouthBridge has proven themselves more than a funder, but a real champion of our work.”
YouthBridge Community Foundation, through it’s 2021 Recovery and Resilience Mergers or Partnership Grant, supported the merger of PonyBird and NextSteps for Life. Both organizations have been partners with YouthBridge through the years.
The Bellerive Charitable Foundation was established by members of the Bellerive Country Club to promote the enrichment, educational advancement, and welfare of those who serve the Club and to make a positive contribution to the greater St. Louis region.
For some of your clients, the thought of giving artwork to a museum or other charity might have crossed their minds. Otherwise, in the estate plan you’ll build for the art collector, the choices largely boil down either to selling the pieces, or giving them to family and loved ones during life or through a bequest.
Ranging from $175 million to a whopping $15 billion, the 10 largest gifts to charity in 2021 may have caught your clients’ attention. Not only do philanthropic gifts seem to keep getting bigger, but the future looks bright, too, with more than $84 trillion projected to be handed down in what may be one of the largest intergenerational transfers of wealth in history.
Last year’s heavily-debated versions of the Build Back Better Act called for tax increases that potentially could have impacted charitable giving.
YouthBridge has developed this grant program to assist nonprofits in building, strengthening and sustaining their organizations.
Bringing to Light the Darkness of Human Trafficking • YouthBridge Connections: College Bound • YouthBridge announces 2022 grant programs • Giving hard-to-value assets: It’s not just for real estate anymore • Philanthropy and the family business: Ripe for great questions • Transfer of wealth: Following the money
Every January since 2010 has been recognized as National Human Trafficking Prevention Month. Human trafficking, especially sex trafficking, is a very real problem in Missouri, which ranks in the top 10 states for reported cases per capita.
Making meaningful connections is a specialty of YouthBridge. “When I first shared the vision of College Bound with YouthBridge, they loved the concept. At the same time, they were honest about the grants and funders in their portfolio that they thought would and would not … More →
Caritas Family Solutions is a human services nonprofit whose mission is to strengthen the social and emotional well-being of individuals and families in order to create healthy relationships, loving homes and strong communities throughout the Metro-East and Southern Illinois. Services include adoption, pregnancy care, foster … More →
You are no doubt familiar with the many benefits of giving hard-to-value assets to a charity–and especially to a client’s donor-advised fund at YouthBridge Community Foundation. Because YouthBridge is a public charity, your client is eligible for the maximum allowable tax deduction for their contributions.