Bright Futures Club: “Giving Is So Easy!”

Four years ago, John Randolph Foundation created the Bright Futures Club and invited donors to make recurring gifts by using a new automated debit service. We had no idea this service would become as popular as it has and we’ve tried to determine why. As one member of the Bright Futures Club said, “Giving is… View Article

Donor Resource | Charitable Giving and Your Estate Plan

*A contributed post from a friend of the Foundation, estate planning attorney Kevin O’Donnell of Schooley Law Firm, PC Charitable giving is a great way to leave a lasting legacy on your local community. Donors often want to include charitable giving in their estate plans but are often unsure of the best way to achieve their… View Article

Donor Resource | Charitable Remainder Trusts Explained

*A contributed post from a friend of the Foundation, estate planning attorney, Richard L. Ferris of Carrell Blanton Ferris & Associates, PLC: Any gift you donate to a tax-exempt organization is not only a positive contribution to your community, but also a powerful tax planning tool under both the Income Tax and Estate Tax subtitles of… View Article

You Can Still Gain Tax Benefits from Charitable Donations

Like most people, you probably know several organizations worthy of your philanthropy, and you may well have contributed to them, perhaps on an annual basis. In the past, when you’ve made charitable donations, it’s been a win-win: You were able to provide support to a worthy organization and you received some valuable tax benefits. But with the passage of the new tax laws, things may have changed considerably for many people. Are there still tax benefits to making a charitable donation? Here’s some background…

Bright Futures Club: Why become a monthly donor?

In 2016, we tried something new at the Foundation. We invited our donors to give monthly using a new automated debit service – and wow! We were overjoyed at the response. As a member of the Bright Futures Club – the Foundation’s monthly giving program – I can tell you there are great benefits. Personally, I give… View Article

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