Berks County Community Foundation is committed to maximizing the long-term growth of our endowed funds in order to support charitable causes and organizations in the community. To achieve this goal, we’ve developed an investment philosophy that emphasizes diversification, long-term growth, and low costs.

Our investment philosophy is based on the belief that diversification is key to achieving long-term growth and managing risk. We invest in a mix of stocks, bonds, and real assets, such as real estate and natural resources, to spread risk and capture growth opportunities across different asset classes.

We also believe in a long-term investment approach. We understand that investments can be volatile in the short-term, but over the long-term, the stock market has historically provided strong returns. Therefore, our investment strategy is designed to capture these long-term returns and provide a steady stream of support for charitable causes and organizations.

In addition, we are committed to keeping costs low. We understand that high costs can eat into returns over time, and we strive to minimize expenses to maximize returns for our donors and the causes they support.

To help us achieve our investment goals, we use Fund Evaluation Group (FEG) as our investment consultant. FEG is an independent investment consulting firm that provides investment advice, research, and due diligence services to a wide range of nonprofit organizations and foundations.

FEG helps us to monitor and evaluate the performance of our investments, and they provide us with regular reports and recommendations to ensure that our portfolio is aligned with our investment philosophy and objectives. They also assist us with researching and selecting new investments, as well as monitoring and assessing the performance of our current investments.

Our investment philosophy is based on the belief that diversification, long-term growth, and low costs are key to maximizing the stability of our endowed funds in order to support charitable causes and organizations in the community. By using Fund Evaluation Group as our investment consultant, we can achieve our investment objectives and ensure that our donors’ gifts continue to make a positive impact for generations to come.

UPDATE – More than $660,000 has been donated to the West Reading Disaster Recovery Fund since it was established on Saturday, March 25. Donations have been made by more than 1,500 individuals, families, and businesses across Berks County and the country.

To assist with urgent, immediate needs, on March 30 the fund distributed a total of $220,000 to the families of those who died and to those displaced from their homes. An additional $230,000 will be distributed to those groups in the coming days.

“Out of respect for the families, we will not be providing specific details regarding those distributions,” said Kevin K. Murphy, president of Berks County Community Foundation, which created the fund in partnership with the United Way of Berks County at the request of West Reading Borough Council. “Our hope is that the funding will ease their burden as they cope with their loss.”Based on the level of donations received, the fund will continue to provide grants until it is depleted. The priority of those grants is as follows:

  1. Support to the families of individuals killed in the explosion for immediate financial losses.
  2. Support to individuals displaced from their homes as a result of the explosion.
  3. Support to organizations helping individuals displaced from employment as a result of the explosion.
  4. Support to the Borough of West Reading for planning and/or implementation of historical commemoration of the explosion (including, but not limited to the creation of a memorial to those lost).

“We are grateful to everyone who has given to the fund,” said Tammy White, president of the United Way of Berks County. “The outpouring of support of neighbor helping neighbor has been inspiring.  The magnitude of this event transcends geography as local giving from Berks Countians is joined by contributions from people across the United States showing their support for our community. We thank everyone for the kind generosity.”

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Berks County Community Foundation is a nonprofit corporation serving as a civic leader for our region by developing, managing, and distributing charitable funds to improve the quality of life in Berks County, PA. More information is available at www.bccf.org.

Media Contact: Erica Caceres, Communication Manager, Phone: 610-685-2231, Email address: ericac@bccf.org

READING, PA (February 6, 2023) – Berks County Community Foundation and Reading Pride Celebration (RPC) recently distributed the first round of grants from the Reading Pride Celebration Gives Back Fund. The grants support local programs that align with the fund’s mission of promoting diversity, inclusion, and equality in the Berks County area.

The following organizations received grants:

“Our LGBTQ+ youth are the future leaders of our community and we hope that these funds help educators create programs and provide much-needed resources that benefit them while promoting inclusive environments and communities,” said Enrique Castro, Jr, RPC’s Executive Director.

Each grant will be used for outreach, education, and advocacy efforts aimed at creating a more inclusive community for everyone.

“We are delighted to support these organizations through the Reading Pride Celebration Gives Back initiative,” said Cindy Milian, Health and Human Services Program Officer at Berks County Community Foundation. “Their work is essential to promoting equality and understanding in our community, and we are honored to support their mission.”

The Reading Pride Gives Back Fund was created with a portion of the proceeds from the Reading Pride Celebration Festival 2022.

Berks County Community Foundation is a nonprofit corporation serving as a civic leader for our region by developing, managing, and distributing charitable funds to improve the quality of life in Berks County, PA. More information is available at www.bccf.org.

Reading Pride Celebration is an organization that has the mission of promoting Diversity, Equity, and Inclusion by building a community that embraces and supports differences and seeks to eliminate racial oppression, sexism, homophobia, transphobia, ableism, and other oppression. Every dollar raised through our Pride festival or other fundraising initiatives goes directly back to support our mission and programs.

Media Contact: Erica Caceres, Communication Manager, Phone: 610-685-2231, Email address: ericac@bccf.org

Today – March 7, 2023 – marks one year since Berks County Community Foundation created the Fund for Ednannia at the request of the City University of New York Center on Philanthropy and Civil Society. As Russia’s illegal war in Ukraine enters a second year, the importance of this charitable fund only grows.

Since last March, the Fund for Ednannia has provided an opportunity for more than 60 individuals and charitable foundations to make a direct impact on communities affected by the war. Every dollar donated is distributed to Ukrainian community foundations in towns and cities across that country, providing much-needed relief to those impacted by the war.

Thanks to their generosity, our fund has sent nearly $200,000 to Ednannia, which is the Ukrainian network of community foundations. Click here to read a full report about the grants that Ednannia has distributed thanks in part to this support.

In addition to creating and managing the Fund for Ednannia, we’ve provided leadership support, too. Last summer, I traveled to Poland to meet with Ukrainian community foundations to discuss plans for rebuilding and recovery. And last month, our foundation was among the first endorsers of a global Philanthropy Statement of Solidarity and Support to the People of Ukraine that expresses our combined commitment to stand with the Ukrainian people and civil society.

Our collective efforts to support Ednannia exemplify the power of community philanthropy. By bringing together donors, foundations, and civil society, it is possible to provide meaningful assistance to those in need, regardless of their location or the scale of the crisis. Thank you to all who have given and all who continue to give. Click here to support the Fund for Ednannia. 

Kevin K. Murphy
President
Berks County Community Foundation

Photo description from Ednannia: Community Foundation of Berezan has become a focal point for all communities surrounding Berezan that were affected by the warfare (Baryshivska territorial community and others). Community Foundation organized a humanitarian hub on the base of its office. The situation was especially drastic with baby food – as the warfare was very close there were no deliveries, so the Community Foundation appealed to other Community Foundations and CSOs with the plea to send whatever is possible to be able to feed the kids in these communities.

Local Youth Hope to Unite Community on MLK Day

Reading, PA–Local teens involved in a youth-driven initiative for social justice called Stand Together Against Racism (S.T.A.R.) are coming together on Martin Luther King Day to host a community event sure to leave an impact. The S.T.A.R. initiative was born through the support of Youth Volunteer Corps of Reading and VOiCEup Berks. These motivated high school students are providing an opportunity for families to learn, unite as a community, and pay tribute to Dr. Martin Luther King.

In honor of MLK Day on January 16, S.T.A.R. students will host a drop-in event at Berks County Community Foundation, 237 Court Street in Reading, from 1-4 pm. Throughout the entirety of the event, there will be a student-created art exhibit, mini-service projects for youth ages 8+, and storytime for ages 4-7. Additionally, there will be a screening of the student-directed documentary, created by S.T.A.R. members, entitled ‘Stand Together’ at 2 pm (recommended for ages 11+). Following the film screening, there will be a youth-led  discussion on racism and youth activism. This event will be fulfilling for all community members. More information can be found at www.voiceupberks.org/opportunity. This is a drop-in event and registration is not required but appreciated.

Youth Volunteer Corps of Reading focuses on promoting a lifetime commitment to service among youth by offering volunteer projects for youth ages 11 to 18 on Saturdays, after school, during school, virtually, and during the summer. YVC of Reading, hosted by VOiCEup, is one of over 30 affiliates of Youth Volunteer Corps, headquartered in Kansas City. YVC of Reading has engaged hundreds of young people from diverse backgrounds in over 24,000 hours of service to help this community over the past 6 years. Find more information at www.voiceupberks.org/yvc. VOiCEup Berks is a fund of Berks County Community Foundation.

Youth Volunteer Corps of Reading MLK Family Full Event Schedule

READING, PA (January 3, 2023)–Berks County Community Foundation is currently accepting applications for over 100 scholarship funds. The deadline to apply is March 1, 2023. Students must complete a single online application to be matched to a qualifying scholarship. Many of the scholarships are for Berks County high-school seniors, while others support non-traditional students and students already in higher education. Criteria, details, and scholarship information can be found at http://bccf.link/scholarships.

“Scholarships help to relieve the financial burden of and increase access to continuing education opportunities for students throughout Berks County and beyond,” said Kim Sheffer, Community Foundation Lifelong Learning Program Officer.

The Community Foundation has awarded more than $10 million in scholarships to local students since its founding in 1994.

“Awarding scholarships is an impactful way to acknowledge students’ current achievements and potential, while also encouraging their future growth and success,” Sheffer said.

To review all the scholarships that the Community Foundation has available, visit https://bccf.org/search-for-scholarships/.

Applicants with questions can email Kim Sheffer, Lifelong Learning Program Officer, at kims@bccf.org. Students can apply through March 1, 2023.

Most of these scholarships were created by Berks County residents to support local students in continuing their education.

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Berks County Community Foundation is a nonprofit corporation serving as a civic leader for our region by developing, managing, and distributing charitable funds to improve the quality of life in Berks County, PA. More information is available at www.bccf.org.

READING (December 2022) — Berks County Community Foundation recently approved $41,600 in grants to five Boyertown area organizations through its Boyertown Area Charitable Program.

These grants are distributed from the Boyertown Area Community Fund, which supports charitable causes within the geographic area served by the Boyertown Area School District, and the Boyer Foundation Fund, which also supports Boyertown area health, social, recreational, and safety organizations.

Since 1997, the program has granted more than $1,000,000 to over 60 Boyertown area organizations, providing much-needed support for a variety of charitable causes.

It awarded the following grants in 2022:

Boyertown Area Historical Society received $3,910 for a project dedicated to cataloging and digitizing approximately 10,000 three-dimensional and archival items. This will make the collection of items more accessible to the public and prepare for new exhibits on racial justice, indigenous populations, and the PA250 celebration.

Boyertown Midget Baseball League received $15,000 for construction to update the facility to today’s standards, including the addition of ADA-compliant restrooms, and safe spectator seating. The facility has served the community since 1963.

General Carl Spaatz Regional Army Air Corps Museum received $10,000 to upgrade the HVAC system. This will help keep the exhibit preserved with climate control. The Museum offers a fully interactive educational opportunity to learn about the history of the Boyertown community during WWII and beyond.

Pottstown Cluster of Religious Communities received $6,000 for the purchase of personal care and cleaning products to distribute to low-income households seeking help through its food pantry and housing programs.

Studio B Art Gallery received $6,690 for a variety of projects, including a fine art exhibit with a virtual tour; publication of the studio’s 10th book of poetry, prose, and art; podcast conversations with Boyertown community members; and opportunities to share memories and goals.

To support future grants provided by the Boyertown Area Charitable Program, donations are always accepted. To learn more, contact the Community Foundation at 610.685.2223 or click here for more details.

About Berks County Community Foundation

Berks County Community Foundation is a nonprofit corporation serving as a civic leader for our region by developing, managing, and distributing charitable funds to improve the quality of life in Berks County, PA. More information is available at www.bccf.org. Media Contact: Erica Caceres, Communication Manager, Phone: 610-685-2231,Email address: ericac@bccf.org

The Power of the Purse in Berks County (POP) in Berks County held its 2022-2023 kickoff meeting at Berks County Community Foundation. POP is a women’s giving circle where donations are pooled to create an impact in the Berks County community. In the meeting, there was a discussion on how to improve the lives of women and girls that included explaining The University of Pennsylvania’s Center for High Impact Philanthropy’s XX Factor Framework. Based on this framework, there are five dimensions that women look to thrive in their community: health, education, economic empowerment, personal safety, and legal rights.  

“Collectively, if there is not an impact on all five, women cannot thrive. Progress in one will create a domino effect with the other dimensions,” explains Katherina M. Rosqueta, Founding Executive Director for the Center for High Impact Philanthropy, School of Social Policy & Practice, University of Pennsylvania. 

The Power of the Purse in Berks County Fund of Berks County Community Foundation awards grants to programs that break the cycle of poverty by eliminating or addressing barriers for Berks County girls and/or women who want to enter or re-enter the workforce or seek education they need to do so.  

The deadline to apply is January 24, 2023. 

This funding is made possible by the generous women who are members of the Power of the Purse in Berks County, which was started in 2012 to improve the lives of local women and children. 

You can learn more about POP, how to apply for a grant, how to donate to the group, and what grants have been previously awarded at https://bccf.org/pop/

 Apply for a grant directly at http://bccf.link/grants. The deadline to apply for funding is January 24, 2023. 

The Youth Advisory Board (YAB) is a program of VOiCeup Berks and Berks County Community Foundation that provides young people with the opportunity to make a positive impact in their communities. YAB members work together to identify community needs and recommend grants from the Youth and Philanthropy Fund. 

This fund provides grants to organizations that address issues that impact young people in Berks County. From 1998 to 2021, the Youth and Philanthropy Fund of Berks County Community Foundation distributed 117 grants totaling $368,258. 

This year, YAB will provide grants to programs that address youth homelessness in Berks County with preference given to programs that also address substance use disorder for those experiencing homelessness. 

The application for this fund is now open. You can submit your application by visiting http://bccf.link/grants. If it is your first time visiting our site, you would need to create a username and password to access the application.

The deadline to apply for the fund is 1/23/2023.

Berks County Community Foundation is proud to support the Youth Advisory Board and is committed to providing young people with the opportunities and resources they need to thrive and make a positive impact in their communities. 

The YAB program has been successful in fostering the next generation of leaders and creating positive change in Berks County.

As the season of giving approaches, people often open their hearts and their wallets for good causes. In some cases, donations to those causes may be deducted from your taxes, but not always. If you’re hoping to support a cause and take advantage of a tax deduction, be sure to check with your accountant or attorney before you write that check or click “give.”

“There are many caring things that people do that are not considered charitable in the eyes of the Internal Revenue Service,” said Frances A. Aitken, CPA, chief operating officer at Berks County Community Foundation. “That doesn’t necessarily mean you shouldn’t give, but it’s good to be aware of the types of donations that do not qualify for a deduction.”

In general, donations to the following types of organizations qualify for the charitable tax deduction:

In general, donations to the following types of causes DO NOT qualify for a tax deduction:

This list is not exhaustive, and regulations change often, so be sure to seek the advice of a qualified financial professional if you are unsure if your donation is tax-deductible. “At the Community Foundation, we manage funds created by local people to provide grants for causes they care about,” Aitken said. “We’re governed by IRS rules too, so we always check the charitable status of an organization before we issue a grant. If you’re interested in the charitable deduction and you aren’t sure if the organization you’re giving to is charitable, call your accountant.”

To make a tax-deductible gift to a charitable fund managed by the Community Foundation, visit www.bccf.org and click “Give Now.” With more than 370 charitable funds under management, you’re sure to find one that provides grants or scholarships for a cause you care about. To learn more about creating a charitable fund of your own, call the Community Foundation at 610-685.2223.