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Blog, In The News | September 15, 2020

COVID-19 Grantmaking Update

As we head into the seventh month of the Coronavirus (COVID-19) pandemic, we reflect on the work we supported during this health crisis and look ahead to what may be needed. The figure above highlights key grantmakers that have deployed millions of dollars throughout Palm Beach and Martin Counties to aid people in need. ...

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Blog | September 15, 2020

Using Conservation Easements as a Charitable Giving Tool

As environmental consciousness continues to rise, so does the subject of conservation easements as a tax-savvy charitable giving tool. Perhaps your clients have even explored this vehicle, which involves the client giving up certain rights to the ability to alter a tract of land, with the intent to preserve the ground indefinitely. This transaction ...

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Blog | September 15, 2020

Advising Clients on Starting a Charity

As 2020 marches on with little relief in sight from crises affecting our region, more and more attorneys, accountants, and financial advisors are fielding questions from well-intended clients who are exploring starting their own nonprofits to help people in need.  Whether a client's passion is health care access, support for the arts, social justice, or ...

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Blog, In The News, News and Articles, Racial Equity Hub | August 24, 2020

Closing the Racial Compensation Gap for the Benefit of Philanthropy

A couple of years ago, McKinsey released a study sharing how the earning potential of black families in the United States was significantly lower than their white counterparts' families. The reference states, "A typical middle-class black family has a 55 percent lower household income; black workers are underrepresented in seven of the eight highest-paying industries; [and] ...

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Blog | August 17, 2020

Why Scholarship Awards Are More Important Than Ever

  The story of every student is different. However, the financial challenge in affording college is still apparent for so many students. The Community Foundation, in partnership with the generous support of its fundholders and donors, is providing sufficient scholarship assistance to help bridge the financial gap. Scholarships enable more significant success in college, providing ...

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Blog | August 17, 2020

Advocacy Process: Efforts Accelerate and Expand to Help Communities

A silver lining of the pandemic and the struggling economy is an unprecedented effort by philanthropic leaders to ensure that communities stay supported through fiscal and tax incentives for nonprofits and charitable giving. We encourage you to seek out and share examples of what’s going on in the philanthropic sector to ease the burden ...

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Blog | August 17, 2020

Keep Clients Informed About Stress on the Social Sector

Peter Drucker once wrote, “Only the social sector, that is, the nongovernmental, nonprofit organization, can create what we now need, communities for citizens.” Charitable giving is an essential component of American society. In 2019, for example, total giving by individuals (including bequests), foundations, and corporations reached nearly $450 billion, according to Giving USA 2020: The Annual ...

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Blog, In The News, News and Articles, Racial Equity Hub | August 17, 2020

A Look at Diversity’s Role in Education

Let's look closer at something that is occasionally missed in education, the role of diversity. While there are benefits associated with diversity in school, students' outcomes depend on how diversity is acknowledged in a classroom setting. Of course, examples of diversity go beyond race, including religion, gender, economic background, and even learning styles. An ...

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Blog, Events, In The News, News and Articles, Racial Equity Hub | August 2, 2020

Mask Up Florida

WIN $250 FOR YOUR FAVORITE NONPROFIT!  Mask Up Florida Instagram Contest  My mask protects you. Your mask protects me.    INSTAGRAM   TO ENTER: You must follow @cfpbmc on Instagram. Put on your mask properly (cover your nose and your mouth). Tag your photo or video with the hashtag #MaskUpFL. Random winner will be announced on our social platforms, Thursday, October 8.   SUBSCRIBE TO OUR E-BLAST  

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Blog | July 28, 2020

Donor Privacy Protections: Now Official!

Abby Axelrod-Wunderman, Director of Charitable Giving Many of you have been tracking developments related to the disclosure of donor identity and proposed IRS regulations to clarify its applicability.   You may recall that focus on this issue increased on July 30, 2019, when a Montana federal district court judge set aside the IRS’s Revenue Procedure 2018-38. Under that ...