Horizon Community Funds of Northern Kentucky’s Post

Thank you LaShawne Pryor, Ed.D for having us as at this year’s HBCU Philanthropy Symposium. It was great connecting with you, Meg Cline, Andrew Hibel and CJ I strongly believe that planned giving is prime opportunity for HBCUs - particularly life income gifts. Life income gifts, such as charitable gift annuities and charitable remainder trusts, offer benefits for both donors and institutions: Benefits for donors: 1. **Regular Income**: Donors receive regular payments for life or a specified term. 2. **Tax Deductions**: Donors may receive an immediate charitable income tax deduction for a portion of the gift. 3. **Capital Gains Tax Savings**: Donors can often avoid capital gains tax on appreciated assets used to fund the gift. 4. **Estate Planning**: Life income gifts can help donors reduce their taxable estate and potentially pass more to their heirs. 5. **Philanthropic Impact**: Donors can support charitable causes they care about during their lifetime. Benefits for institutions: 1. **Stable Funding**: Institutions receive a reliable stream of income from the gift over the designated period. 2. **Donor Relationships**: Life income gifts can deepen relationships with donors and their families over time. 3. **Diversification**: Institutions can diversify their revenue sources by incorporating life income gifts into their fundraising strategies. 4. **Legacy Giving**: Life income gifts can help institutions build a pipeline of future support from donors who include them in their estate plans. 5. **Financial Sustainability**: These gifts can contribute to the long-term financial sustainability of the institution. Overall, life income gifts can be a win-win for both donors and institutions, providing financial benefits, tax advantages, and the opportunity to make a lasting impact through philanthropy. #ImpactforLifeIncomeForForever

It's been two years since my article, Living Your Organizational Culture, was published in Advancing Philanthropy magazine - still very relevant and a foundation for Federation's continued success in these challenging times. https://lnkd.in/dpr-cU52

Through the Spotlight On Our Spool we seek to connect you with other members of the Thread community (our "Spool"), as we know there is so much you have to offer each other. In this Spotlight, Aza Nedhari, CPM, LGPC, Co-founder and Executive Director of Mamatoto Village, shares how her organization has built its fundraising practices around justice-centered philanthropy principles and holds funders accountable to these shared values. Read the article at https://lnkd.in/eM_9KxvY 

We’re rethinking philanthropy— not as a transactional experience but as a cycle of shared responsibility and care. How can everyone, from staff to stakeholders, play a meaningful part in sustaining this cycle? And how can we, together, build communities rooted in generosity and purpose? We’ve launched a 6-week blog series on building a culture of philanthropy! Throughout the series, we’ll dive into practical strategies for expanding your organization’s philanthropic reach, building long-term relationships with new supporters, and showing the value of the arts in your community. Join the conversation as we explore how philanthropy can reshape the future of the arts.

To mark the 9th and final episode of our Beyond Business Ownership webinar series for 2023, we’re ending our journey on the rewarding topic of philanthropy. Our expert speakers explain the importance of understanding your motivations for giving, how to start your philanthropic journey and the questions you should ask yourself along the way. Here are the key takeaways from the session, or you can watch the full episode here: https://grp.hsbc/6049XSl75 #WealthManagement #PrivateBanking #BusinessExit #Philanthropy

For the modern family office, philanthropy is a strategic part of doing good business. Our updated guide covers the first steps, including the mission, strategy, legacy planning, and the 4 ‘Ts’ of philanthropy – everything family offices need to start their journey. Furthermore, our Simple Experts Toby Usnik and Maggie Spicer weigh in with insights on the latest tools and current trends to make a philanthropic impact. Read more here: https://hubs.la/Q02x4qQ50 #FamilyOffices #WealthManagement #PrivateWealth #Philanthropy

Today is National Run for Office Day. Celebrated annually, this serves as an important reminder of civic engagement and leadership, encouraging citizens from diverse backgrounds to consider running for local, state, or national office. When viewed through the lens of estate planning, this day highlights the broader impact of legacy and responsibility. While estate planning typically focuses on personal asset distribution and family security, it can also be an avenue for shaping societal change. Estate plans can include provisions for supporting civic engagement initiatives or scholarships for future leaders, ensuring that values of service and community involvement live on. Whether through establishing a charitable fund, donating to local organizations that empower leaders, or creating opportunities for the next generation of public servants, estate planning offers a way to support civic engagement beyond one’s lifetime. BTW- I am running for President in 2028! (not really, but maybe in '32 after I have to retire from the Tabernacle Choir)

I had a delightful time last week chatting with Dave Moss. We discussed all things JaM Strategies, LLC, Unfunded List and so much more. Listen to learn how this economics aficionado got into philanthropy, nonprofits, strategy and more! If you watch, forgive the hair by the end - it was a humid DC day on the porch! #JaMStrategies #StrategicPlanning #FinancialStrategies #NonprofitConsulting #NonprofitStrategy

It’s the end of the calendar year, and you’re starting to think about how to maximize the impact of your philanthropy. You know you can make a cash gift, but what are some other ways to give?   CJP’s Gift Planning Office offers a few helpful tips for making the most out of your year-end philanthropy.

Learn why planned giving is so important right now at A Special Sharpe SUMMIT Webinar: Developing A “Wholistic” Approach to Philanthropy on May 22. https://bit.ly/44KmZ87