We’re honored to work with so many individuals, families, and businesses to make a difference in the causes you care about. Philanthropy isn’t just about wealth—it’s about values, habits, and improving the quality of life in our community. This philosophy guides our work with donors across generations. We hope you enjoy this month’s insights and tips.
We are Here for You: Four Reasons to Call the Community Foundation
In an economic and legislative environment full of unpredictability, we encourage you to tap into the knowledgeable team at the Community Foundation – perhaps even more than you have in the past.
If you’ve already established a fund at the Community Foundation, you’re familiar with many of the ways we make charitable giving easy, flexible, and effective. This allows you to achieve your goals for improving the quality of life in our community as well as fulfilling your own estate planning and financial objectives.
Not quite sure when to reach out to the Community Foundation? If any of these situations applies to you, drop us an email or give us a call!
1. You promised yourself at the end of 2024 that you’ll never again get caught in a year-end crunch.
The last few months of the year are always hectic with holiday activities. When you layer on the added stress of tax planning and completing the charitable giving plans you set back in January, you might tip the scales from hectic to chaotic! The foundation staff can help organize your year-end charitable giving early, so that it achieves both your financial and philanthropic goals.
2. You’re concerned about recent drops in funding to local charities, but you’re not quite sure about what you can do to help.
The Community Foundation is Berks County’s home for charitable giving. That means that we have a finger on the pulse of our community’s needs and the nonprofits that are addressing those needs. Our team can provide recommendations for how you can help fill the gaps in funding that have affected local organizations.
3. Your tax advisor has suggested that 2025 is an important year to increase your charitable donations, but you don’t want your gifts to favorite charities to suddenly spike and then drop again.
For the small percentage of people who itemize deductions on their individual income tax returns, 2025 may indeed present opportunities. Our team is happy to work with you and your tax advisors to structure gifts to a fund at the Community Foundation. This will ensure that you’re leveraging tax advantages while also maintaining consistent support year after year for the causes that are important to you.
4. You’re updating your estate plan and want to leave money to charity, but you’re not exactly sure what charity you want to support.
Please reach out to Berks County Community Foundation anytime you are updating your estate plan or related financial documents, such as beneficiary designations on IRAs, life insurance policies, or retirement accounts. Our team is happy to work with your advisors to make sure you’re exploring the tax benefits of using various types of assets to fund your charitable intentions.
Whatever your charitable giving situation, we are here for you! Whether you’ve already started a fund at the Community Foundation or you’re considering getting involved, we look forward to our conversation.
