News & Event
The Greater Cincinnati Foundation provides some insights on charitable giving in 2017.
Our team invests the time to get to know you so we can support your goals, and we have the right tools and connections to amplify the impact of every gift you make. Today, we’re leading the charge toward a more vibrant Greater Cincinnati for everyone – now, and for generations to come. Contact us at 513-241-2880 to discuss how creating or giving to your fund can prepare you to make a greater difference in your community, regardless of what tomorrow brings.
Visit our website for more information on year-end giving with GCF, including the Charitable IRA Rollover.
*GCF cannot provide legal or tax advice. Please contact your tax or financial advisor to discuss how charitable giving will affect your personal circumstances.
The first time she enrolled in college, she was 19 years old and excited to major in pre-med. But as the oldest of five children, she had to become the family breadwinner when her father lost his job. She quit school and went to work full-time.
“I cried when I told the professor I’d have to leave,” the mother of two said. “I pretty much knew what life was like without an education.”
Peg enrolled in school again in the early 90s but because of her second child’s severe health problems, she had to drop out again.
“There was always this desire to go back to school,” Peg said. “But my daughter would be in the emergency room all night and I’d have to go to class the next day.”
When Peg returned to work in 2002, she decided to take a class through the Urban Learning Center (ULC) in Northern Kentucky.
The ULC helps low-income individuals start taking college classes. A student can take up to 10 different courses at the ULC for only $10 a course. There are no book costs, free child care is offered and a small and supportive staff is available to help students manage their postsecondary experience.
Peg enjoyed the class so much she decided to give her dream – a degree – one last chance. Funding was still an issue and ULC staff encouraged her to apply to The Cincinnati Business and Professional Women’s Scholarship Fund (CBPW) of GCF.
Peg was reluctant. “I just didn’t think I’d be worthy – when you don’t believe in yourself, it’s hard to believe others will,” she said. “I just did it more or less to say, ‘See, I told you I wouldn’t get it!’”
The CBPW Scholarship Fund was created to support women just like Peg, fund advisor Amy McPike said. The fund history has its roots in women helping women.
As far back as the early 1900s, the CBPW organization existed to “give women a leg up” by training them in work force ethics and business etiquette.
By the late 1990s, CBPW’s membership was dwindling. Amy and others decided to use the organization’s endowment as a way to continue to honor its history of benefiting women.
“Our point in creating the scholarship was to really help women who needed to be educated to get a job and support their families,” Amy said. “We wanted it to be CBPW’s legacy. We wanted to educate women for the work force.”
“Many adults returning to school take it slow and go part-time while maintaining work and household responsibilities,” said Mallis Schneider Graves, ULC Outreach Specialist. “So, most of the time financial aid only covers a portion of their expenses.
The CBPW’s Scholarship Fund has helped many ULC adult students supplement their education expenses, so that they can continue striving to better their lives for themselves and their families.”
Peg did get the CBPW scholarship, not once, but twice. She said it not only gave her finances a boost, but her confidence as well.
“To me it was amazing,” she said. “I can remember meeting the ladies and thinking it’s so kind of you to look at me and see an investment. Because that’s what they are doing – they are investing in you. You don’t invest in a stock that’s worthless.”
Obviously, Peg is far from worthless. She not only received her diploma 27 years after she first started college, she became an employee at Procter & Gamble Co. and is working on her master’s degree at Xavier University. She also tutors female students at the ULC. “
I tell the women, I believe in you because someone believed in me,” she said. Peg shares that when she walked up to get her diploma at Northern Kentucky University, she heard someone yell, “Way to go Peg!”
“I looked and it was one of my professors from the second time I was at college, all those years ago.” she said. “He remembered me.”
Way to go Peg!
The Cincinnati Business and Professional Women’s Scholarship Fund of GCF was established in 1999. It is a part of The Women’s Fund Family of Funds.
Originally published in the 2006 Annual Report to the Community
CINCINNATI (December 18, 2015) — On Dec. 18, 2015, federal legislation was passed making the charitable IRA rollover permanent. As a result people aged 70½ and older have a special tax-free opportunity to make a meaningful charitable gift.
If you are at least 70½, the law allows you to transfer up to $100,000 of your IRA assets by December 31, 2015, directly to a qualified public charity such as The Greater Cincinnati Foundation.
Since the assets you transfer will not be recognized as income, they will not trigger federal income taxes today or estate tax in the future. If you are married, you and your spouse can each transfer up to $100,000 per year.
Contact the Giving Strategies staff of The Greater Cincinnati Foundation if you have any questions. We can be reached at 513-241-2880 or by email.
The countdown to the ball drop for 2019 is practically here. As the final days of this year slide by, there is still time to meet your charitable goals for 2018. Greater Cincinnati Foundation (GCF) can help you amplify the impact of your giving in several ways*.
As you make decisions about your year-end giving, please submit your recommendations to GCF by Wednesday, December 26 to ensure that your grants are received by the charitable organizations you support before December 31. If you are interested in giving a gift of appreciated stock, written transfer instructions must be provided to your broker as soon as possible — we recommend by Wednesday, December 26. To count as a charitable income tax deduction in 2018, gifts of stock — and checks — must be received into GCF’s account before 5 p.m. Monday, December 31. GCF will be open from 8:30 a.m. to 5 p.m. on weekdays, except for Monday, December 24; Tuesday, December 25; and Tuesday, January 1, 2019.
To discuss arrangements for your year-end giving and grantmaking, please call GCF’s team at 513-241-2880. For a complete list of GCF staff, visit www.gcfdn.org/yourstaff.
*GCF staff does not provide tax or legal advice. The information provided is for illustration purposes only.
“Summer slide” isn’t a shiny metal conveyance into a swimming pool — it’s the academic regression, or learning loss, that students experience over their summer breaks from school. According to the Brookings Institute’s “faucet theory,” the flow of learning is available to all students during the school year, but that flow of resources can ebb dramatically during the summer months, especially for students from disadvantaged backgrounds. The loss of academic year learning — for the average student, a month per summer — can intensify subsequent achievement gaps.
Greater Cincinnati Foundation (GCF), in partnership with our generous donors and the longtime support of the Charles H. Dater Foundation, believes that all students should be able to make a sustained splash with opportunities for learning throughout the year. That’s the purpose of GCF’s Summertime Kids grants — grants of up to $1,000 to promote learning with enriching, fun programs for kids that run between June 1 and Aug. 31.
Nonprofit organizations may submit up to two applications, either for distinctly different programs or the same program in two locations. From new experiences that expand students’ horizons and create a lasting impact on youth with the greatest need to serving a diverse location or population and engaging parents or guardians, we’re seeking to support innovative programs that deliver a learning flow to effectively reduce “summer slide.”
That same immersion in impactful learning splashes over into the 2019-2020 school year with GCF’s Learning Links grants, which support creative projects envisioned by K-12 educators. We look to fund projects that inspire innovative, fun ideas that encourage student participation; promote diversity, multicultural or intergenerational events; have lasting impact on students and staff; engage parents/guardians and the community.
Here’s how you can help: Join us at the grantmaking table and help decide which summertime programs and which schools to fund. GCF partners with donor, nonprofit and community volunteers to review applications in small groups and make collective recommendations on which projects receive the grants. It is a great opportunity to take a rewarding, hands-on role and learn more about community needs and effective approaches to those needs. Or, if you’d prefer to financially support these grants to help us fund more programs and schools, you can recommend a grant from your GCF fund.
For the Summertime Kids grants, GCF will convene two lunchtime review meetings on April 9 and April 18; for Learning Links, lunchtime review meetings will be held on June 11 and June 21. For further information, and to volunteer, contact Laura S. Menge, GCF Philanthropic Advisor, at 513-768-6170 or email@example.com.
DeMountez, a sophomore at Elder High School, shares that he lives on the “worst street” in Price Hill. He says attending a Catholic school with a small African-American population has cost him friends. This doesn’t deter him from the right choices for himself - making honor roll, playing football, being on student council and looking forward to college. He credits much of his success to a mentor.
Demarco, an honor roll student and freshman at Riverview East Academy echoes the sentiment. Without a mentor, he’s certain he would be in trouble and unable to deal with his anger issues stemming from the fact that he doesn’t know his mother or his father. (He lives with his grandparents.)
Both boys have been mentored for more than 10 years through the LifePoint Solutions Positive Future Youth Program. Children are paired with a paid mentor from first through twelfth grades. These are children who live in decaying neighborhoods and often go home to families where family members have experienced early pregnancy, been involved with the criminal justice system, and are abusing drugs and alcohol. Mentors work with the children on social and academic issues and prepare them for life after high school.
In January 2010, the program became a victim of the recession and lost most of its funding. The five full-time mentors were let go and the program struggled to survive. It was a tough adjustment for the kids who lost someone they depended on.
“I felt lost when my mentor left,” said Demarco. “But as time went on I got used to my new mentor. (Cliff Green) Mr. Green helps me with my problems at home and school. He’s always there for me and I know he always will be. I’m thankful for the program; it’s been a life-changing journey.”
Today, just two part-time mentors run the program that is making a huge difference in lives.
“Mr. Green talks to me about making choices,” DeMountez said. “I have a scholarship to Elder and he made me realize it’s my obligation to hold up my end of the bargain for the people paying my scholarship.”
Alexis, a sophomore at Schroder Paideia High School follows her mentor’s advice and shares it with her friends.
“I tell them what Kristy (Barrows) tells me, ‘you can take my advice or not, it’s up to you.’”
“I want to break the cycle and show everyone it doesn’t matter who you are and where you come from you can do well,” adds Demarco.
The Positive Future Youth Program received a Weathering the Economic Storm fund grant in 2010. Funds were used to cover a portion of expenses such as staff salaries and program activities.
Volunteers are needed to help with programming on teen night. Help teens with life skills: how to open a checking account, prepare for a job interview, prepare for the college application process or search for college scholarships. Call 513-354-5619.
Greater Cincinnati Foundation (GCF) invites nonprofit organizations and schools to apply for grants to support innovative education programs that are enriching and fun for youth during the summer months and the school year — Summertime Kids and Learning Links, respectively. Funding requests for up to $1,000 will be accepted for both proposals.
Summertime Kids grants are available to nonprofit organizations, schools or churches working with young people in GCF’s eight-county community — Butler, Clermont, Hamilton and Warren in Ohio; Boone, Campbell and Kenton in Kentucky; and Dearborn in Indiana. The grants provide support for programs that are enriching, fun and promote learning during the summer months and which take place between June 1 and August 31, 2019. Each organization may submit up to two applications, either for two different programs or the same program in two different locations. The funds may be used to support, expand or strengthen existing programs or launch new programs; funding will not be awarded to religious organizations that require religious activity for participation.
The deadline for Summertime Kids proposals is 5 p.m. Friday, March 15. This is a competitive process; an invitation to submit a proposal does not guarantee a grant award. Funding awards for Summertime Kids will be announced in May.
Learning Links grants are available to schools in GCF’s eight-county community for the purpose of providing opportunities for K-12 educators to bring creative and interesting projects or events to their classrooms or schools during the 2019-20 school year. Funding may be used to support, expand or strengthen existing projects or events or to launch new ones. It may also be used to support capital costs for equipment or supplies, which then become property of the school.
The deadline for Learning Links proposals is 5 p.m. Friday, April 12. This, too, is a competitive process, and an invitation to submit a proposal does not guarantee a grant award. Funding awards for Learning Links will be announced in July.
Both Grants for Kids programs are made possible through the generosity of GCF donors and continuing support from the Charles H. Dater Foundation. The maximum grant award for Summertime Kids and Learning Links projects is $1,000, but GCF also accepts grant requests for lower amounts. Grant submissions will be reviewed by a team of passionate donors and community volunteers.
A complete list of criteria, application instructions and the Request for Proposals (RFP) documents for Summertime Kids and Learning Links may be found at https://www.gcfdn.org/Grants/Grants-for-Kids.
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