Annual Report 2021
Our Community in Focus, our 2021 Annual Report, is available view online or download as a PDF.
Our Community in Focus, our 2021 Annual Report, is available view online or download as a PDF.
Crisis Nursery, Always There • Stray Rescue of St. Louis • Advisor Happy Hour • St. Louis Financial Planning Symposium • Cash crunch: Gifting non-income producing assets • A mixed bag: Budget legislation • Thumbs up: SECURE Act 2.0
“An endowment fund provides a reliable source of revenue in perpetuity, Barbara explained to me, and relieves the stress of short-term, sometimes unrealistic fundraising goals,” says Dearsley.
“Supporting overwhelmed parents is a key intervention for preventing child abuse,” say Mueller. “The COVID crisis made an already challenging life ten times harder for many of our families, and I am so grateful to the angels – my staff, our volunteers and donors – that made it possible for us to continue to be there for them.”
For clients who own property, stocks, and other assets that tend to go up in value in an inflationary environment, now may be a good time to take advantage of tax-savvy giving of highly-appreciated assets–especially stocks that pay low–or no–dividends and therefore are not critical to maintaining a client’s income levels.
A few of the tax proposals in play that could most significantly impact the way your clients plan for their charitable giving priorities.
Across the board, individuals, employers, and charitable organizations are celebrating the recent passage of the Securing a Strong Retirement Act of 2022 (House Bill 2954, known as the “SECURE Act 2.0”) in the House of Representatives on March 29, 2022 by an overwhelming vote of 414 to 5.
YouthBridge Connections: Girl Scouts of Eastern Missouri • Merger Creates Continuum of Support for Those with Developmental Disabilities • 2022 Innovation in Philanthropy Award • Advisor Happy Hour • Winds of change and headwinds: Legislation and inflation • Crypto and CRTs: Buried treasure, or hidden pitfalls? • Closely-held business interests
Honoring the Life of Annie Carter Mersmann by supporting programs to support grieving kids at Annie’s Hope.
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 goal of Nate’s Foundation is to assist adolescents and young adults to thrive into adulthood.