News & Event
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.
“Our region has a long and proud history of stepping up in times of crises,” said Terence L. Horan, CLU, ChFC, President/CEO of HORAN. “Now, when so many of our institutions that create our areas underpinning are at risk, we look to the most fortunate of our Greater Cincinnati families and their advisors to develop ways to continue the fine tradition of generosity that makes this region one of the best places to live, work and raise families in the country.”
Professional advisors tell us that their clients want to leverage the greatest amount of impact possible with their generosity. In this time of severe financial stresses to nonprofit organizations due to the coronavirus crisis that goal is even more critical. You, as an advisor, are a vital, trusted partner in a key position to provide guidance that amplifies your clients’ charitable decisions.
You may want to share this New York Times article with your clients who want to know how to best help in this time of crisis. It outlines six factors to consider to immediately increase the impact of one’s charitable giving:
Read the entire article here.
As the remaining days of 2018 dwindle, our to-do lists seem to grow exponentially with flurries of seasonal tasks and activities. It’s important to make sure that year-end planning doesn’t get lost in the rush, and Greater Cincinnati Foundation (GCF) is here to help keep your charitable giving on track. We’ve assembled a few options to save you money at tax time while fulfilling your charitable goals in impactful ways*:
For further information, please contact your GCF philanthropic advisor.
*Greater Cincinnati staff does not provide tax or legal advice.
As you plan your holiday and year-end giving, The Greater Cincinnati Foundation is proud to assist and be your philanthropic partner.
Your new fund can be established quickly. Call to discuss your charitable goals with a member of GCF’s Giving Strategies Group and decide which type of fund is best for you and your family. The date of the gift transfer to GCF is most important - it will determine whether your gift qualifies for a 2017 tax deduction.
To ensure your grants are received by the charitable organizations you support before December 31, please submit your recommendations to GCF before Tuesday, December 26, 2017. Find out more about how to add assets to your fund.
GCF will be working throughout the holiday season to facilitate your charitable giving. Our office is open from 8:30
a.m.-5:00 p.m. on weekdays with the exception of December 25, 2017, and January 1, 2018.
To talk about arrangements for your year-end giving and grantmaking, please call our Giving Strategies Group at
One of the nation’s leading community foundations, the Greater Cincinnati Foundation helps people make the most of their giving to build a better community. We believe in the power of philanthropy to change the lives of people and communities. As a community foundation, GCF creates a prosperous Greater Cincinnati by investing in thriving people and vibrant places. An effective steward of the community’s charitable resources since 1963, the Foundation inspires philanthropy in eight counties in Ohio, Kentucky, and Indiana. At the end of 2016, GCF had net assets of $563 million.
Updated Nov. 17, 2017