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.
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.
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 →
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.
More than half of the country’s GDP is generated by the 5.5 million family-owned businesses in the United States. Profits aren’t the only priority for most family businesses; indeed, the vast majority of family business owners report that other factors, such as culture, community, charity, and values, are also important to the business.
“The greatest wealth transfer in modern history has begun,” according to a mid-2021 report in the Wall Street Journal. And, with tax reform’s big bite into estate values off the table, at least for now, many of your older clients may be thinking seriously about their legacies.
In 2022, we have selected the first recipients of our Organizational Capacity Building grant: HOME WORKS! and Springboard to Learning. Through these one-time matching grants, YouthBridge will cover 75% – or up to $7,500 – of costs related to projects intended to strengthen the capacity and sustainability of nonprofit organizations.
Lift For Life Academy had a good problem to solve. A donor expressed the desire to establish an Endowment Fund for the school, but “the problem was, we had no idea how to set one up,” says Marshall Cohen, Lift For Life Executive Director and Co-Founder. Cohen says the Finance Committee of the Board decided to send out requests for proposals to three potential managers, including YouthBridge.
To honor our mission of partnering with donors around the sustainability of nonprofits, YouthBridge awards two Heritage Grants each year to child and youth serving organizations that are regularly supported by our clients. Heritage Grants provide $75,000 in unrestricted support over three years. This month, we highlight 2021 Heritage Grant recipient, Annie’s Hope.
For nearly 90 years, charitably-minded individuals and families have established donor-advised funds to help carry out their philanthropic wishes. Popularity of the donor-advised fund steadily grew, especially beginning in the 1990s, eventually resulting in official recognition in the Internal Revenue Code under 2006 tax law updates. Today, over one million donor-advised fund accounts hold nearly $160 billion in charitable assets, according to the latest numbers.
Your philanthropic clients will thank you for suggesting they consider giving the gift of giving (say that three times fast!) in the form of a charitable fund instead of the more typical “I made a gift to my favorite charity in your honor.”
We’ve heard that many of you appreciate a quick checklist for charitable giving reminders each December. We know you receive this type of information from many sources, and frequently in great detail. It is our goal to break things down into a few simple points (below are three).
Progress 64 West hosted its 33rd Annual Excellence in Community Development Awards Banquet on November 24 in Chesterfield, Missouri.
Veterans Find the Lives They Deserve Through FOCUS • St. Louis Area Diaper Bank Making a Basic Need More Accessible • Holiday Gifts for Employees, Clients, Family & Friends • What’s off the table and what’s still in play • The buzzword is “billionaire” • Year-end giving