At the Greater Poweshiek Community Foundation, we are honored to work with many families across multiple generations. Quite frequently, parents and grandparents share with us their hopes of passing along to the next generation more than just financial assets. They want to pass along values, encourage generosity, and foster a lifelong commitment to community. In many of these conversations, parents
The staff at Greater Poweshiek Community Foundation (GPCF) take great joy in helping donors transition to fund contacts. This happens when a donor to GPCF has taken the next step to address a community need by establishing a charitable fund. So how do you transition from a donor to fund contact? We recommend that you consider the steps below and then call our
In 2024, the Greater Poweshiek Community Foundation (GPCF) stewarded a 600 acre gift of property with significant environmental and ecological benefit. This donation is a unique and effective partnership and the origin of the Pleasant Grove Land Preservation Inc (the donor) is a lesson in the power of strategic co-funding – a partnership among individuals who collectively work in pursuit
If you’ve ever considered charitable giving in lieu of gifts for your child’s birthday party, you are not alone! Lots of parents are encouraging their kids to request gifts to support local charities instead of presents. This could include collecting books for a children’s hospital, supplies for an animal shelter, or food for a local food bank. When a group
Throughout your career, you will likely help dozens of clients navigate the intersection of philanthropy and estate planning. While the focus is often on the creation of donor-advised funds or charitable remainder trusts, an increasingly relevant question for many advisors is: What happens to these assets in the event of a divorce? Given the rising importance of specialized roles in
Charitable lead trusts (CLTs) are highly effective tools for specific client situations, particularly when balancing significant charitable intent with tax-efficient wealth transfer. The community foundation frequently partners with advisors to establish donor-advised funds (DAFs) as the income beneficiary of a client’s Charitable Lead Annuity Trust (CLAT). Recent developments have brought renewed attention to the flexibility of these vehicles: IRS Private
While the tax law changes under the One Big Beautiful Bill Act are familiar territory for you, the recent tax season has likely brought these shifts to the forefront for many of your clients. While you have been evaluating these impacts for months, many clients are seeing the real-world results on their returns for the first time, making this an
The word “philanthropy” comes from Greek roots, meaning, a love of humanity. It’s a big word—but at its heart, it reflects something very personal: the desire to help others, strengthen community, and make a difference in ways that matter to you. For some people, philanthropy means supporting a favorite nonprofit year after year. For others, it means volunteering time, responding
Next time you meet with your estate planning attorney, it may be a good idea to check in on your long-term plans and ask yourself questions you might not yet have considered. Some planners, for example, report that more and more clients are reconsidering an automatic estate distribution to heirs. Instead, their clients are evaluating what type of legacies make
As tax laws and market dynamics continue to shift, it is important for attorneys, CPAs, and financial advisors to be aware of two increasingly distinct groups of donors. On one hand, the high federal estate tax exemption and new restrictions on itemizing charitable deductions are creating unique opportunities for your clients whose assets exceed $30 million. On the other hand,