Six for the summer: Mid-year reminders about charitable giving
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Donate appreciated stock to your fund at the community foundation. Yes, yes, we absolutely understand how easy it is to write a check when you want to boost your donor-advised or other type of fund at the FM Area Foundation. If you can remember to pause before you pull out your pen, though, considering whether […]
Up in the air: Charitable planning in a shifting tax landscape
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It’s an election year, so you may have more questions than answers as you work with your advisors to build your financial and estate plans. In particular, the looming sunset of key provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 has created tremendous ambiguity. For many taxpayers, the potential sunset of the TCJA’s higher estate tax […]
Inclusive Playground Grant-City of Moorhead
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The Inclusive Playground is an innovative addition to our community and offers a welcoming space where individuals of all abilities can come together for fun and recreation. The play area features a specially designed rubber surface, landscaping, and sidewalks, making it accessible for individuals using wheelchairs and those with mobility challenges. Additionally, the park boasts […]
Recognition or anonymity: Which one’s for you?
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The FM Area Foundation is committed to working with you and your family to fulfill your charitable goals, whether those goals relate to making an impact, leaving a legacy, saving money on taxes, expressing gratitude, or a combination of objectives. Suppose you have not yet established a fund at the community foundation (even if you […]
Unlock the unexpected power of regret to grow your charitable giving
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Did you know the FM Area Foundation provides “regret mitigation” services? We’re only half kidding! Not surprisingly, financial regrets are common, with those related to personal finances among the most frequent. Of recently surveyed American retirees, 75% wished they’d started saving earlier, and 62% wished they’d saved more money for their golden years. On the […]
Bridging the gaps in multi-generational family philanthropy
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Differing views within families are nothing new; differing views about nearly anything and everything is centuries old. For generations and generations, common topics of disagreement have included popular culture, politics, religion, and parenting, just to name a few. Frequently outranking all is money—how it’s made, spent, or saved—or not. How benevolent families share money, whether […]
The perfect plate: Turkey, pumpkin pie, and charitable giving
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As you prepare to gather with family and friends over the Thanksgiving holiday, we invite you to reach out to the team at the FM Area Foundation for suggestions on how to incorporate charitable giving into the festivities. For example: –Take this opportunity to brush up on the
Give a little and feel a lot better
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In the classic book
Highly-appreciated stock: If your client missed the ideal window, it’s still not too late to support charity
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During a routine check-in meeting, your client casually mentions that the client’s employer, a local company, was just acquired. The client and dozens of fellow employee shareholders are now flush with cash. “I’d like to use some of the money to give to charity,” the client tells you. “Let’s talk about a family fund at […]
How to grow your charitable giving by bundling tax savings
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Many donors elect to use a donor- advised fund at the community foundation as an organizing tool, frequently recommending grants to their favorite charities in ways that mirror the ways they would make donations outright. Often, contributions to a donor- advised fund are in the form of highly- appreciated stock or other hard-to-value assets that […]