»»  Community Foundation of Northern Colorado: News

Transfer IRA Assets to Charitable Fund at Community Foundation

 

On October 3, 2008 President Bush signed into law the Emergency Economic Stabilization Act of 2008, which includes an extension of the IRA Charitable Rollover. This allows donors who are 70½ or older to transfer IRA assets of up to $100,000 directly to charitable organizations. The IRA assets are not included in the IRA owner's income and --- most importantly --- are not taxed, preserving the full amount for charitable purposes. IRA assets transferred in both 2008 and 2009 are eligible under this program.  

 

If you’re interested in establishing a permanent legacy in your community, this provision is a wonderful opportunity to make the gift of a lifetime. When you establish a charitable fund at the Community Foundation, you join hundreds of other Northern Colorado residents who use our smart, convenient, low-maintenance giving vehicles to achieve their philanthropic dreams.

 

To learn more, contact Ray Caraway at (970) 488-1980 or Roxanne Fry at (970) 488-1989.

 

Return to top of page.

 

 

 Nonprofit Agencies: Dec. 10 AFP Webinar
("Guerilla Tactics: Motivating Your Board and CEO to Raise More Money")

Nonprofit staff and board members are invited to gather at the Community Foundation of Northern Colorado for a Hear & Now Brown Bag webinar sponsored by the Association of Fundraising Professionals Colorado Chapter. As a service to AFP members and the Northern Colorado nonprofit sector, this 90-minute webinar will be offered locally at the Community Foundation office. Come alone or bring your entire development team to learn from the best in the field!

A “webinar” is a web-based seminar that is transmitted over the Internet. Webinar participants will have a unique opportunity to learn from fundraising experts.

  • Topic: Marketing Planned Giving - Maybe We Have It All Wrong?
  • Date: Wednesday, Dec. 10, 2008
  • Time: 11:00 a.m.—12:30 p.m. (The webinar starts promptly at 11:00 a.m.; please arrive a few minutes early).
  • Cost: AFP Colorado Chapter members are FREE. Non-members cost $15.00. 
  • Location: Community Foundation of Northern Colorado, 4745 Wheaton Drive, Fort Collins
  • Register: Click here to register, or contact Kim Watts at (303) 394-6388 or info@afpcc.org.

Detailed Description:

The enduring reality of fundraising for nonprofit organizations is the need for the board to help with the solicitations. They might be reluctant, reticent, or resistant, but the bottom line is that they must DO IT. So how does a development officer persuade board members to assist? Using guerilla tactics! These include much personal contact, putting books into their hands through executive summaries, weekly task assignments and committee-driven goal setting, among other tactics. If they have fiduciary responsibility and you demonstrate the needs, they will follow your lead.

Learning Objectives:

  1. Learn how to combine the care and feeding of your board with their tasks.
  2. Learn how to inspire and persuade with grace.
  3. Learn how to take the fear out of asking for your board.
  4. Learn how to raise more money by employing your board's relationships.  

Target Audience: 

This presentation will help any Development Officer or CEO of any experience level who works with a board that is not pulling its fair share of fundraising.

About the Presenter:

Paula K. Parrish, CFRE, has been raising funds and educating boards for 20 years. Her nonprofit experience stems from educational institutions, health care organizations and the arts, so she has vast expertise in dealing with the idiosyncrasies of unique boardroom situations. She has worked with well-intentioned provincial boards and high-end boards and she knows how to move them to the next level.

Return to top of page.

Community Foundation Supports CSU Poverty Study

From 2000 to 2006, the number of Fort Collins residents living in poverty increased 62 percent to 25,603, according to the 2006 U.S. Census. Even more alarming is that the child poverty rate in Fort Collins increased 132 percent. An estimated 5,159 Fort Collins children —19.2 percent of everyone younger than 18 — lived below the federal poverty level in 2006, according to the American Community Survey, an annual report by the U.S. Census Bureau.

The dramatic increase in poverty has inspired action. For example, the Pathways Past Poverty Initiative began in Fall 2007 as a community-wide, grassroots mobilization focused on addressing growing poverty in Larimer County. Since then, more than 150 community members spearheaded by the United Way and the CSU Center for Public Deliberation have developed eight Approach Committees focused on "Pathways Past Poverty," to examine the problems and develop a list of goals for a community effort.

Most recently, a number of agencies made gifts to the CSU Foundation to support an Economic Poverty Study. In July the Fort Collins Community Fund, a fund of the Community Foundation of Northern Colorado, made a $10,000 grant for this purpose; other funders include the Bohemian Foundation, the Kenneth and Myra Monfort Foundation, and the Northern Colorado Economic Development Corporation.

Although poverty trends have been identified in Fort Collins, there is very little known about the actual causes. The Economic Poverty Study is focused on providing the Fort Collins community with information and options for reducing poverty. The study has three goals: 1) provide a comprehensive picture of local poverty trends; 2) use statistical models to better understand how social and economic forces affect local poverty; 3) offer policy and programming recommendations

The study hopes to capture the true dynamics of the increase in poverty. In doing so, the study will provide local policy makers and human service organizations with the objective and reliable information they need to develop effect and efficient programs to reduce poverty.

Return to top of page.

Community Foundation Expands Donor Services

As the Community Foundation grows, we continue to enhance our capabilities for serving donors, supporting nonprofit agencies, and acting as a community leader.

  • We offer our fund advisors 24/7 access to DonorCentral, a password-protected area of www.CommunityFoundationNC.org. Recent upgrades to DonorCentral offer the ability to export gift and grant history; view investment returns, administrative fees and activity expenses; and review quarterly market values since the fund was established.
  • The Community Foundation has unveiled major revisions to its website. With updated content, easier navigation, and an increased emphasis on high-tech and high-touch donor services, the site is a one-stop shop for philanthropic resources in Northern Colorado.

To learn more about these and other donor services, contact Chief Operating Officer Roxanne Fry at 488-1989 or roxanne@CommunityFoundationNC.org.

Return to top of page. 

 

Lunch and Learn Seminar (Dec. 12):
Asset Protection Planning: Protecting Assets from Creditors, Predators and Medicaid

The Community Foundation of Northern Colorado continues its highly-acclaimed seminar series on Dec. 12 with a program offering 2 hours of continuing education credits for attorneys, CPAs, and trust officers.

The Dec. 12 seminar, "Asset Protection Planning: Protecting Assets from Creditors, Predators and Medicaid," is scheduled for 11 a.m. - 1 p.m.  The cost is $45 and includes course materials, lunch and refreshments.

Refresh your knowledge of asset protection strategies in estate, business and long-term care planning settings using a combination of entities, including Trusts, LLCs, and Corporate Entities. Learn how these strategies will enhance your services to your clients in times of economic uncertainty and sky-rocketing costs of long-term care.

Click here to register for this seminar.

CANCELLATION POLICY: In the rare event that a paid registrant advises our office that he or she is unable to attend the scheduled course, we will make every attempt to apply the registration fee toward a future course. If that is not possible, we appreciate your understanding that the registration fee is not refundable.

Return to top of page.