Tag: Poweshiek
What type of donor are you—scattered, results-focused, just getting started, or deep into it already?
Even if you are new to charitable giving, you’ve likely discovered that there’s no single “right” way to approach making a difference. That’s not only normal—it’s a strength! Recent research reinforces what many donors already know intuitively: generosity looks different for everyone. Indeed, more than 80% of Americans report giving in some form, whether through financial contributions, volunteering, or civic
Calling it Splits: Charitable Assets in the Divorce Landscape
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
Technical Update: New Flexibility for Charitable Lead Annuity Trusts
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
Navigating the OBBA: Strategic Charitable Conversations
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
Step by step, it starts with “love of humanity”
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
Rethinking legacy: Balancing gifts to heirs with the community’s future
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
Serving charitable clients: Dual strategies emerge
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,
Tax Season Debrief: Three Common Regrets
If you’re like many donors, the weeks leading up to tax deadlines tend to bring charitable giving into sharper focus. You may have finalized contributions, gathered documentation, or had conversations with your CPA about how your giving fits into your overall financial plan. After the deadline has passed, it’s tempting to move on and not revisit these decisions until later
Charitable giving, due diligence, and how Greater Poweshiek Community Foundation can help
Many people want to be thoughtful in their charitable giving, but that doesn’t always make the process easy. In fact, one of the most common challenges donors face is simply feeling confident in their decisions. With so many worthy organizations, urgent needs, and compelling opportunities, it can be difficult to know where to start—or how to know if you’re making
Donor-Advised Funds: Flexible, Tax-Friendly, and Just the Beginning
As attorneys, CPAs, and financial advisors, you’ve no doubt noticed that financial publications’ coverage of donor-advised funds is increasing. This is no surprise, considering that these popular vehicles can help your clients achieve both their financial and philanthropic goals. A donor-advised fund at the community foundation is not only useful as a standalone tool, but even more importantly, it can
Contact Info
The National Standards Seal indicates official confirmation from the Council on Foundations that we have met the most rigorous standards in philanthropy. It affirms our commitment to financial security, transparency & accountability. GPCF received this seal of approval in January 2010.