This document provides an outline and information about charitable giving options through the Community Foundation of Greater Des Moines, including Endow Iowa tax credits, IRA rollover gifts, donor advised funds, and legacy funds. It also describes the Keep Iowa Growing program, which facilitates gifts of farmland to keep the land in agricultural production and provide a lasting charitable legacy in Iowa. Donors can give farmland outright or retain a life interest, and the Community Foundation is well-positioned to manage farmland gifts while providing tax benefits and flexibility to donors.
Community Foundation KIB Conference 2015Gerry Schnepf
Attendees of the 4th annual Keep Iowa Beautiful Annual Conference learned, discussed and heard a variety of valuable presentations from distinguished speakers and panelists within the industry. This presentation is for your review; feel free to share with others.
Please contact us if you have any questions, gschnepf@keepiowabeautiful.com.
If you've enjoyed what you've seen here, please consider becoming a member of Keep Iowa Beautiful which helps to continually support the improvement of Iowa communities and impacts statewide economic development.
Join today: www.keepiowabeautiful.com/memberships
Community Foundation KIB Conference 2015Gerry Schnepf
Attendees of the 4th annual Keep Iowa Beautiful Annual Conference learned, discussed and heard a variety of valuable presentations from distinguished speakers and panelists within the industry. This presentation is for your review; feel free to share with others.
Please contact us if you have any questions, gschnepf@keepiowabeautiful.com.
If you've enjoyed what you've seen here, please consider becoming a member of Keep Iowa Beautiful which helps to continually support the improvement of Iowa communities and impacts statewide economic development.
Join today: www.keepiowabeautiful.com/memberships
Projected Transfer Of Wealth In The Holland Zeeland AreaJanetDeYoung
Surprising research on the projected intergenerational Transfer of Wealth in the Holland/Zeeland Area and a variety of opportunities for sustaining the unique Quality of Life we enjoy.
Top 10 charitable planning strategies for financial advisors 2020Russell James
This presentation gives the top approaches to helping your clients and growing your practice using charitable planning with special tips related to the new tax law. Participants will learn how to provide tremendous benefit to clients, while improving their own assets under management, with charitable planning. Topics include gifts from retirement plans, gifts of appreciated assets, the use of private foundations, and life insurance.
If you would like to know more about the Scioto Foundation’s grant application process:
Call us at 740-354-4612
Visit us on the web at www.sciotofoundation.org
These slides are taken from the graduate financial planning course "Introduction to Charitable Planning" at Texas Tech University. Details at www.EncourageGenerosity.com
Investments in Rural America: Impact Investors and Rural Readiness ruralxchange
A webinar from NARP
Speakers:
Amy Domini (Domini Social Investments), David R. Dangler (National Alliance for Rural Policy Network)
This webinar discusses how impact investors view investments, innovative and supportive investments, and community development banks and funds.
This plan gives a market analysis and outlines the organization's S-W-O-T. It also provides goals, objectives, strategy and tactics as the company proceeds into the new fiscal year. There is also a branding element to encourage company value and give an edge in the increasingly competitive market.
Projected Transfer Of Wealth In The Holland Zeeland AreaJanetDeYoung
Surprising research on the projected intergenerational Transfer of Wealth in the Holland/Zeeland Area and a variety of opportunities for sustaining the unique Quality of Life we enjoy.
Top 10 charitable planning strategies for financial advisors 2020Russell James
This presentation gives the top approaches to helping your clients and growing your practice using charitable planning with special tips related to the new tax law. Participants will learn how to provide tremendous benefit to clients, while improving their own assets under management, with charitable planning. Topics include gifts from retirement plans, gifts of appreciated assets, the use of private foundations, and life insurance.
If you would like to know more about the Scioto Foundation’s grant application process:
Call us at 740-354-4612
Visit us on the web at www.sciotofoundation.org
These slides are taken from the graduate financial planning course "Introduction to Charitable Planning" at Texas Tech University. Details at www.EncourageGenerosity.com
Investments in Rural America: Impact Investors and Rural Readiness ruralxchange
A webinar from NARP
Speakers:
Amy Domini (Domini Social Investments), David R. Dangler (National Alliance for Rural Policy Network)
This webinar discusses how impact investors view investments, innovative and supportive investments, and community development banks and funds.
This plan gives a market analysis and outlines the organization's S-W-O-T. It also provides goals, objectives, strategy and tactics as the company proceeds into the new fiscal year. There is also a branding element to encourage company value and give an edge in the increasingly competitive market.
Presentación realizada por Victor Guillermo Figueroa, técnico CADE Pegalajar.
Orientada a empresarios/as, autónomos/as... Se habla sobre fiscalidad y liquidaciones de IVA.
This presentation is about how to integrate charitable gift planning into your overall financial strategy in a way that will allow you to give to your favourite charities and reduce your overall taxes.
Life Insurance Trusts and Charitable Planning Techniquesscoop85
Learn techniques to provide protection for life insurance proceeds against estate tax exposure and creditors, and how to integrate charitable planning techniques that benefit the client and their family as well as selected charities.
Planned Giving Opportunities with the Upcoming Transfer of Wealth (Pt. 1/2)West Muse
Studies show that $9 trillion in assets will be passed in the U.S. from Baby Boomers to Gen X and millennials by 2027. It is imperative that fundraisers plan thoughtfully for this transfer of wealth because great opportunity exists to secure planned gifts. While many nonprofits focus on immediate funding needs, museums are in a unique position, responsible for long-term institutional preservation and collections care. It is not only prudent but necessary to develop sustainable revenue.
The Rotary Club of Tallahassee Foundation UpdateSheryl Barlow
November is Rotary Foundation Month. Join us for this special presentation from Russell Daws and Roger Champion.
Learn about the good works of the Rotary Foundation, Rotary International’s charitable arm.
Discover how Rotarian gifts are transformed into projects that change lives both close to home and around the world and this taps into a global network of Rotarians who invest their time, money, and expertise.
Hear about Rotary’s priorities, such as eradicating polio and promoting peace.
Foundation grants empower Rotarians to approach challenges such as poverty, illiteracy, and malnutrition with sustainable solutions that leave a lasting impact.
Fundraising from America: A Guide Planned Giving ProgramsAdam Davidson
Does a Charitable Remainder Trust, Beneficiary Designation, Bequest of Shares or Tangible Personal Property, Annuity or Charitable Lead Trust mean anything to you? If it doesn’t spend an hour with us and it will. These are sophisticated giving methods by which you can tempt your highest givers to make larger donations to you. It’s not difficult but it is very common in America and many of your donors will have been offered these methods by the nonprofits and other organizations they support. You need to know about them in order to be able to compete effectively.
This course is designed to help nonprofit organizations learn to how to create and direct their planned giving efforts, beginning with a general overview of what is viewed by many nonprofits as a very complex subject.
2017-04-04 Planned Giving Programs - Why They are Needed and How to Get One S...Raffa Learning Community
This session will explain why planned giving is important to every non-profit organization and will go through the basic steps to start a planned giving program.
Similar to 2014 Okoboji Foundation Professional Advisor Forum (20)
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
2014 Okoboji Foundation Professional Advisor Forum
1. Live…Give…Better Together.
Community Foundation
of Greater Des Moines
Wade A. Den Hartog, Director of Affiliates & Charitable Partners
Joe Sorenson, Manager of Affiliate Relations
2. Presentation Outline
Endow Iowa and IRA Rollover Updates
Fund Illustrations
Gift Illustrations
Keep Iowa Growing
4. Endow Iowa
Then donors can be eligible for
• 25% tax credit for contribution – in addition to federal
deduction (can carry forward for up to 5 years)
• Limit each year, per taxpayer and also statewide
$300,000 per taxpayer
• Tax credit paperwork submitted; awarded on a first
come-first served basis
As of 10/8/2014, $2,744,370 Endow Iowa tax credits remain
5. Endow Iowa
With Endow Iowa, donations to Community
Foundation endowments cost donors less.
$10,000
Less tax benefits:
Net federal tax savings -3,960
Endow Iowa Tax Credit -2,500
Net Cost of Gift $3,540
Note: Use appreciated assets subject to capital gains and the savings are even better!
Disclaimer: Information provided is general and educational in nature. It is not intended to be, and should
not be construed as, legal or tax advice. The Community Foundation does not provide legal or tax advice.
Consult an attorney or tax advisor regarding your specific legal or tax situation.
6. Charitable IRA Rollover
It MIGHT be back?!
• For Individuals 701/2 and older
• Can transfer up to $100K of IRA assets directly to
charity
• No charitable deduction but the money is not
realized as income for tax purposes
• Iowa Taxpayers can qualify for Endow Iowa tax
credits!
7. Fund and Gift Illustrations
1. Donor Advised Fund
2. Legacy Fund
9. LEGACY FUNDS
1. Contribution made
through planned gift
(will /testamentary
instrument)
2. Deduct assets from
estate for purposes of
estate tax
3. Administration
(agreement easily
modified)
4. Investment
Legacy
Fund
5. Favorite Charities
(one or several)
Family Foundation
Fund
Community
Foundation’s Better
Together Fund
10. The Johnsons
A GIFT OF APPRECIATED
SECURITIES
• Ted and Marlene own 1,000
shares of stock
• They originally paid $10 per
share or $10,000 more than 11
years ago
• The fair market value today is
$37 per share or $37,000
• If they sell the stock, they’ll have
$27,000 in long-term capital
gain income
• If they are in the 20% LTGC
tax bracket, their bill equals
$27,000x.20=$5,400
• Their net amount after
selling the shares will be
$31,600
11. The Johnsons
CONTINUED
• If they instead give the stock to
charity, they bypass all $5,400
of capital gains tax
• Plus, they can deduct the fair
market value of their stock
$37,000 (up to 30% of their
adjusted gross income)
• In addition they get 25%
state tax credit
• They have a 5-year carry
forward, too
12. Keep Iowa Growing
Iowa’s Farmland Giving Program
…for the love of the land
13. Why?
Farmland is by far Iowa’s most valuable asset:
Total number of farms 88,631
Total amount of farmland 30.6 million acres
Average farm size 345 acres
Average dollar value per acre $8,716
Aggregate value of Iowa farmland
is estimated at $267 billion
14. Why?
The Community Foundation’s 30 affiliated county
community foundations, together with Polk County,
hold a combined 9.5 million acres of farmland.
If Keep Iowa Growing captured only 1% of this
farmland, the value of assets held for charitable
causes would be an estimated $866 million.
15. Why Now?
Less Debt. Iowa farmland without debt:
1982 – 62%
2012 – 78%
Average age of farmland owners
56% of Iowa farmland is owned by people over age 65
30% of Iowa farmland is owned by people over age 75
Compared to 12% in 1982
Lack of succession planning and estate planning
16. Why Now?
Protect Iowa’s Wealth
The projected transfer of wealth in Iowa through
2049 is $198 billion
Promote Charitable Giving
During one of the largest transfers of wealth in
history, the Community Foundation must be
proactive and innovative to provide options to
channel this wealth to charitable causes.
17. Why the Community Foundation of Greater Des Moines?
We are uniquely positioned to offer benefits not available from
other charitable resources:
Maximum tax benefits
Endow Iowa tax credits
An affiliate relationship in 30 counties throughout Iowa
We are the “nonprofit’s nonprofit”
Expert staff and Board to manage & market the program
Offering donors flexibility and control in designing their
legacy
18. How It Works
Keep Iowa Growing provides a vehicle to keep land an
Iowa asset, keep land functional as farmland and
provide a lasting legacy to the community and Iowa.
19. Landowners Can…
Make a gift of farmland in which the revenue benefits
the charity of their choice immediately.
Be flexible in making a gift of farmland but retaining a
life estate and an income stream for their lifetime.
Suggest a tenant farmer.
Establish a variety of fund types, such as a Donor
Advised Fund, Family Foundation Fund, Designated
Fund, Field of Interest Fund, Better Together
Endowment, or their County Community Foundation
Endowment.
20. What types of Gifts will be accepted through Keep
Iowa Growing?
Outright gifts of farmland made during life
Bequests
Retained life interest
For term of years
For term of life donor
For term of life of donor and spouse (“last-to-die”)
Share development, meetings, USDA, farmer focus group, engaged in thinking and still thinking!
Key to the Community Foundation of Greater Des Moines mission is promoting charitable giving. The Community Foundation strives to be the premiere charitable giving resource in Iowa for its donors and the organizations it serves. Given the enormous transfer of wealth projected in Iowa and the fact farmland is Iowa’s most valuable asset, it makes sense to investigate capturing this wealth as a valuable charitable asset.
4
Share development, meetings, USDA, farmer focus group, engaged in thinking and still thinking!
Key to the Community Foundation of Greater Des Moines mission is promoting charitable giving. The Community Foundation strives to be the premiere charitable giving resource in Iowa for its donors and the organizations it serves. Given the enormous transfer of wealth projected in Iowa and the fact farmland is Iowa’s most valuable asset, it makes sense to investigate capturing this wealth as a valuable charitable asset.
8
9
Share development, meetings, USDA, farmer focus group, engaged in thinking and still thinking!
Key to the Community Foundation of Greater Des Moines mission is promoting charitable giving. The Community Foundation strives to be the premiere charitable giving resource in Iowa for its donors and the organizations it serves. Given the enormous transfer of wealth projected in Iowa and the fact farmland is Iowa’s most valuable asset, it makes sense to investigate capturing this wealth as a valuable charitable asset.
Why Keep Iowa Growing?
Farmland is by far Iowa’s most valuable asset:
Total number of farms 88,631
Total amount of farmland 30.6 million acres
Average farm size 345 acres
Average dollar value per acre $8,716
Aggregate value of Iowa farmland is estimated at $267 billion.
Why Keep Iowa Growing?
The Community Foundation’s 30 affiliated county community foundations, together with Polk County, hold a combined 9.5 million acres of farmland.
If Keep Iowa Growing captured only 1% of this farmland, the value of assets held for charitable causes would be an estimated $866 million.
Why Now?
Now is the time to consider an innovative charitable tool, like Keep Iowa Growing:
Less Debt. 78% of Iowa farmland was owned without debt in 2012. Compare this figure to 62% in 1982.
Average age of farmland owners. 56% of Iowa farmland is owned by people over age 65. About 30% of Iowa farmland is owned by people over age 75 (compared to just 12% in 1982).
Lack of succession planning and estate planning. As the average age of farmers creeps upward, few families have planned for transition.
Protect Iowa’s Wealth. As farmland ownership transfers, an increasing amount of Iowa’s wealth will go out of state. The projected transfer of wealth in Iowa through 2049 is $198 billion.
Promote Charitable Giving. During one of the largest transfers of wealth in history, the Community Foundation must be proactive and innovative to provide options to channel this wealth to charitable causes.
Why the Community Foundation of Greater Des Moines?
We are uniquely positioned to offer benefits not available from other charitable resources:
Maximum tax benefits
Endow Iowa tax credits
An affiliate relationship in 30 counties throughout Iowa
We are the “nonprofit’s nonprofit”
Expert staff and Board to manage & market the program
Offering donors flexibility and control in designing their legacy
How It Works
The Community Foundation of Greater Des Moines is ideally positioned to manage a farmland giving program. Keep Iowa Growing provides a vehicle to keep land an Iowa asset, keep land functional as farmland and provide a lasting legacy to the community and Iowa.
Keep Iowa Growing provides the opportunity to structure gifts of farmland in a variety of ways. Landowners can:
make a gift of farmland in which the revenue benefits the charity of their choice immediately.
be flexible in making a gift of farmland but retaining a life interest and an income stream for their lifetime.
suggest a tenant farmer.
Establish a variety of fund types, such as a Donor Advised Fund, Family Foundation Fund, Designated Fund, Field of Interest Fund, Better Together Endowment, or their County Community Foundation Endowment.
What types of Gifts will be accepted through Keep Iowa Growing?
Outright gifts of farmland made during life
Bequests
Retained life interest
For term of years
For term of life donor
For term of life of donor and spouse (“last-to-die”)