Blog

October 13, 2021

Fall is in the air. Weekends are filled up with craft fairs, corn mazes, and calling the HOGS! In addition to these traditions, autumn is also a season for philanthropy. Did you know that most nonprofits raise 50% or more of their annual revenue between Thanksgiving and December 31st? This support is critical, as many agencies offer […]

October 7, 2021

Jim and Elgenia Ross of Monticello take their family’s charitable giving seriously, like, Robert’s Rules of Order seriously. Every year, the Ross family comes together to determine where their charitable gifts will go. Daughters Kim and Molly, both of whom live out of state now, along with their children Kyler (12) and Sadie (17), join Jim and Elgenia to have an official meeting, this last year by Zoom. […]

September 10, 2021

Arkansas Community Foundation is honored to work with you and your clients to structure charitable giving plans and establish funds that achieve both your clients’ charitable objectives as well as address our region’s greatest needs. Our team at the Community Foundation intimately understands the issues facing our community and how grants from funds can be […]

September 10, 2021

With charitable bequests on the rise, and the possibility that more clients will be subject to Federal estate taxes in the future, many attorneys, accountants, and financial advisors are refreshing their recollections on the requirements of advising and administering taxable estates where one or more charitable organizations is a beneficiary. Advisors’ fiduciary responsibilities to charitable […]

August 27, 2021

A force in Arkansas farming and communication industries for decades, Ritter Arnold’s family has always chosen to be charitable in the communities where they do business. Arnold is a longtime fundholder with Arkansas Community Foundation, sits on multiple boards in Arkansas and comes from a long line of intentional philanthropists. “My grandparents sponsored three Polish […]

August 23, 2021

St. Francis Food Pantry founder, the late Catherine Freeman, would rather give food to someone who didn’t need it than miss anyone who did. Along with running the busy food pantry in Forrest City, current director LaTwon Whitby inherited Freeman’s desire to feed every person in St. Francis County who needs food. Though Whitby has […]

July 12, 2021

Your team at Arkansas Community Foundation stays on top of tax cases, IRS rulings, and legislation that could impact the advice and counsel you provide your clients on matters involving charitable giving.  Here are a few current highlights and reminders we recommend you skim. Electronic filing is now required for private foundations For tax years […]

June 22, 2021

Richard Bell’s accounting business has been a family affair from day one. “I wanted to get married. But Lee told me I needed to not work at a grocery store for the rest of my life, so I went into accounting,” said Richard. Forty years of marriage to Lee, two children and four business partners […]

May 17, 2021

By Laura Landreaux It’s been one year since Entergy Arkansas joined with the Winthrop Rockefeller Foundation, community leaders and elected officials at the Arkansas State Capitol to announce our participation in the ALICE (asset limited, income constrained, employed) research report. Little did we know, COVID-19 would drastically impact our world as we knew it. According […]

May 11, 2021

Your clients might make donations to entities that do not fall under a specific section of the Internal Revenue Code, but feel “charitable” nonetheless because the dollars are helping people in need. Perhaps a client has helped set up a dedicated account at a bank to provide scholarships to the children of an accident victim, […]