As you reboot after 2020, now is a great time to consider your charitable giving plans for 2021. COVID-19 has proven to be a marathon, not a sprint. Nonprofit organizations will be relying on the generosity of donors for the…
December 10, 2020 Individuals 70.5 years of age and older may transfer up to $100,000 of IRA assets per year to public charities without being subject to federal income taxes on the distribution. Using your IRA in partnership with the…
Did you catch our op-ed in the Star-Ledger? We’re happy to share it below: New tax rules encourage charity just when it’s needed the most Carolyn Lange, November 19, 2020 The coronavirus has changed all our lives, but for many this…
Silver linings are hard to find this year, but it’s worth remembering that the CARES Act created important opportunities to increase giving to charitable causes. Keep these three tools in mind as you considering your year-end tax planning: Even for taxpayers…
It’s that time of year when Americans start thinking about their year-end charitable giving. But in a year when so much was turned upside down, what changes are we seeing in philanthropy? We highlight a few changes to tax planning…
Crafting a charitable legacy can be both a challenging and a rewarding process. It is a unique opportunity to remember your family and preserve your impact on a cause or community for generations. The Community Foundation’s sole responsibility and fiduciary…
CFNJ offers a home for private philanthropic investment in New Jersey and its communities. Working together with the public sector, foundations, corporations, and philanthropic individuals, CFNJ offers a turnkey solution for implementing civic efforts. As the leading philanthropic fiduciary focused…
June 8, 2020 Our recent communications have highlighted the unique importance of Qualified Charitable Distributions (QCDs) and Charitable Lead Annuity Trusts (CLATs) in today’s market conditions. Given the critical needs facing our community right now, the team at the Community…
October 16, 2019 The Community Foundation of New Jersey and Goldman Sachs were pleased to host a variety of professional advisors from across New Jersey today for a discussion with Stacy Eastland, Managing Director at Goldman Sachs and one of…
A version of this article appeared in Financial Advisor Magazine on May 4, 2018. For many New Jerseyans, creating a scholarship fund is an effective way to establish a philanthropic legacy and provide meaningful support to students, customized to reflect…