January 6, 2022
“The greatest wealth transfer in modern history has begun,” according to a mid-2021 report in the Wall Street Journal. And, with tax reform’s big bite into estate values off the table, at least for now, many of your older clients may be thinking seriously about their legacies. And these legacies will be significant. As of […]
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January 4, 2022
Deborah and Steve Nipper of Magnolia use their deep roots and longstanding relationships to help define and model community leadership for good causes in south Arkansas. “Community leadership is really about people who just want to help and find a way to solve problems. They are the helpers,” Deborah said. “Steve and I both have […]
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November 29, 2021
Late last month, the White House released a proposed $1.75 trillion revenue package, putting to rest (at least for now) some of the uncertainty as to how sweeping tax reform could upend wealth planning strategies via changes to top marginal rates, a restructuring of the capital gains tax, and lower estate and gift tax exclusions, all […]
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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 […]
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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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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