Many of your philanthropy-minded clients certainly enjoy attending fundraising events for their favorite charities. Especially as community events start ramping up this fall, you’ll want to be aware of a little wrinkle in the IRS rules that may surprise your clients so much that they … More →
Attorneys, CPAs, and financial advisors certainly are not strangers to tough questions. Indeed, the mix of money, family, and mortality is a potent combination that almost always creates an emotionally-charged planning environment, whether the matter at hand is tax planning, updating wills and trusts, or structuring … More →
Growing Capacity at Mission: St. Louis • Student Leadership Opportunity • Now Accepting Scholarship Applications • Capacity Building Grants • Heritage Grant Awards • Lunch with Leaders, Featuring Barbara Carswell • Charitable planning can help ease client procrastination • Closely-held stock is having a moment … More →
Founded seventeen years ago by Executive Director, Josh Wilson, Mission: St. Louis exists to empower individuals for social and economic growth through relationship and opportunity. At its core is the belief that poverty is addressed at the individual level, with dignity at the center. Josh explained, “We want to remove barriers to ensure that people can flourish.”
Procrastination is a drain in ways that go far deeper than the incomplete task itself. We know this intellectually, but it can be so hard to break the procrastination habit. It seems that the more daunting the task, the harder it is to tackle.
Giving stock is an important strategy for any private business owner to explore. Not only can these gifts help implement a business succession plan that calls for transferring the business to the next generation if that is your client’s goal, but gifts of stock can also help your business owner client achieve charitable goals and avoid estate tax.
The team at YouthBridge Community Foundation of Greater St. Louis keeps a finger on the pulse of current events and legal developments that could impact the way you work with your charitable clients. Below are three notable items that you’ll likely want to keep in mind this fall.
Celebrating National Nonprofit Day – August 17 • Reminder: Gateway Children’s Charity Grant Application closes August 16 • Now Accepting Progress 64 Entrepreneurial Scholarship Applications • Counting pennies: How to counsel frugal yet charitable clients • Charitable giving helps parents pass wealth to children • … More →
Over the years, you’ve no doubt experienced a wide range of what clients perceive as “wealthy.” You’ve likely also observed that clients have different assumptions about what it takes to be a “philanthropist.” The interplay between a client’s perception of personal wealth and charitable giving capacity … More →
What does National Nonprofit Day mean to YouthBridge Community Foundation of Greater St. Louis? It could be called our birthday—and the birthday of every U.S. nonprofit organization! On August 17, 1894, the Tariff Act of 1894 was signed into law. This law provided exclusions from … More →
How much is too much? That’s a question many parents ask as they structure lifetime gifts and bequests to children in their financial and estate plans. Wealthy clients are sometimes concerned that leaving millions of dollars, or even hundreds of thousands, to their children could backfire and hinder their … More →
We’re hearing from more and more attorneys, accountants, and financial advisors that your clients are expressing interest in giving real estate to charity. This is wonderful news! You’re certainly aware that gifts of real estate to a fund at YouthBridge, just like gifts of other long-term capital … More →
A Bird’s Eye View of YouthBridge’s YEP STL! Program • Grant Application now closes August 16 • Now Accepting Scholarship Applications • Gifts of appreciated stock • Mixing business and charity: Keep it ethical, legal, and transparent • Planning for a sunset: Lock in a higher exemption, unlock a legacy
The YEP STL! (Youth Engaged in Philanthropy) program, developed by YouthBridge Community Foundation of Greater St. Louis, recently awarded grants for 2024. This program, begun in the fall of 2016, is led by high school students from across the region who apply for the opportunity … More →
You’re well aware that donating highly-appreciated stock to a fund at YouthBridge Community Foundation of Greater St. Louis offers significant advantages for your clients over making cash gifts. Communicating this benefit, however, can be challenging when clients have emotional attachments to their shares. How can … More →
Your clients who are corporate executives have likely wondered at some point about the benefits of aligning their companies with philanthropy, whether specific causes or particular organizations. In general, a community engagement strategy can be good for business, if well-executed. For example, almost half of … More →
Without legislation to prevent it, the sunsetting of current estate tax laws at the end of 2025 will dramatically reduce the federal estate tax exemption from $13.61 million per person in 2024 to approximately $7 million in 2026 (this includes adjustments for inflation). This change … More →
Youth In Need, UCCC, and LUME Merger – True Synergy in Action • YouthBridge Welcomes Lori Shumake • YouthBridge’s 2023 Annual Report • Save the Date: Progress 64 Entrepreneurial Scholarship • Advising the charitable millionaire next door • Left behind? Why companies need philanthropy advice, too • Legal developments: We’re watching!
Synergy is defined as “the interaction or cooperation of two or more organizations or other agents to produce a combined effect greater than the sum of their separate effects.” YouthBridge Community Foundation of Greater St. Louis is built on this principle. Partners, fundholders, and grant … More →
At the end of 2024’s first quarter, an estimated 485,000 Americans could count themselves among the so-called “401(k) millionaires,” meaning the balance in their employer-sponsored retirement plans has reached the $1 million level. Thanks in part to stock market rallies during the first part of the year, … More →