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The Power of Endowments: One Gift for Many Generations

An endowed gift lasts forever. It’s carefully invested – but never spent – and the investment returns power change in the community for generations. Endowments enable donors and nonprofit organizations to create a stable source of funding and invest in the future. A great example of an endowed fund at John Randolph Foundation is the… View Article

A Tax-Smart Giving Glossary for the Savvy Donor

With April’s tax deadline behind us and the end of Financial Literacy Month approaching, we think it’s a great time for donors to review this helpful glossary to ensure that your generosity pays off during tax season. Adjusted Gross Income (AGI) An individual’s total income for the year, less certain deductions.  Individuals may deduct cash contributions up… View Article