Blog

December 5, 2023

Helping families create a meaningful structure for their philanthropy has long been a hallmark service of the Community Foundation. That structure and the resulting discipline are increasingly important as both wealth and charitable giving more frequently span multiple generations. Indeed, spontaneous and unstructured conversations around wealth and philanthropy can be a source of family discord.  […]

December 5, 2023

Perhaps you established a donor advised fund at the Community Foundation years ago, or you set up a donor advised fund more recently. Or maybe you are considering establishing a donor advised fund at the Community Foundation this year to help you keep your giving more organized and involve your children and grandchildren in your […]

Many eyes are on the Charitable Act, which, if passed, would allow for deductible charitable contributions that exceed the standard deduction. The Charitable Act proposes to restore the pandemic-era “universal charitable deduction” and raise the cap from $300 for individuals ($600 for joint filers) to approximately $4,600 for individuals ($9,200 for joint filers).  Some advisors […]

November 10, 2023

As an advisor, you often talk with your clients about life insurance–how much is enough and which policies are best suited for a client’s particular situation. As you counsel your clients about risk management and the role of life insurance in their estate plans, don’t forget that life insurance can be an effective charitable giving […]

November 10, 2023

Year-end giving makes up a significant portion of total revenue for most charitable organizations. Research even shows that a whopping 25% of online giving occurs in December! What this means is that there’s a pretty good chance your clients are already considering end-of-year gifts to support causes they care about, are being asked by at […]

October 2023

Wynne, Ark. (Oct. 12, 2023) – Cross County Community Foundation, an affiliate of Arkansas Community Foundation, announced more than $371,000 in tornado recovery grants to 22 organizations serving Wynne. Grants were selected by a committee of local leaders who live and work in the affected communities and representatives of the Community Foundation. “Our community was […]

Philanthropy means “love of humanity”—and, according to some, “philanthropy” includes acts that benefit both the giver and the receiver. This is surprising to some people who have been taught “it’s better to give than to receive.”  Somehow we have popularized the idea that giving should “hurt.” But that is not what the research says. Consider […]

You are not alone if you begin to feel a little anxious when October rolls around. Many people experience year-end stress, whether because of looming deadlines at work, tax-related estate planning cut-off dates, anticipating a busy holiday season of travel and social engagements, or simply the realization that another year is coming to a close […]

October 6, 2023

At Arkansas Community Foundation, we regularly talk with retirement-age donors and fundholders about the tax benefits of directing Qualified Charitable Distributions to a designated fund, and/or leaving bequests of IRAs to a donor advised fund. But getting involved in philanthropy can be so much more than that. This is particularly relevant as some retirees consider […]

September 27, 2023

By Heather Larkin, President and CEO of Arkansas Community Foundation I am so proud of the Women’s Foundation of Arkansas “Top 100 Women of Impact” recognition at this year’s Power of the Purse event. I cannot believe that I have been around long enough to say: “I was there from the beginning!” It has allowed […]