News & Event
The end of the year brings holiday celebrations, gatherings with families and friends and … tax planning. Before you get caught up in the seasonal whirlwind, it’s a good idea to take a look at your end-of-year giving strategies.
As your community foundation, Greater Cincinnati Foundation (GCF) is a partner you can count on to understand and respond to your unique needs. GCF’s team of experienced professionals, well versed in a region-wide perspective and effective nonprofit organizations, are on-hand for consultation to ensure your generosity has the largest possible impact. GCF also offers personalized service and flexible giving options.
As 2019 comes to a close, you may want to consider these charitable tax strategies:
If you’re considering creating a charitable fund, contact our team at 513-241-2880 before year-end to discuss your goals and strategies.
If you already have a donor advised fund at GCF, to ensure grants from your fund are received in 2019, we recommend that you make your grant suggestions:
Gifts of publicly traded stock and hand-delivered checks must be received in our office by 5 p.m. Dec. 31. Checks received by mail must be postmarked by Dec. 31 to qualify as a 2019 tax deduction.
Our office is open 8:30 a.m. to 5:00 p.m. on weekdays, except for Dec. 24-25 and Jan. 1. To discuss arrangements for year-end giving and grantmaking, contact our team at 513-241-2880.
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
In keeping with our mission of connecting people with purpose, Greater Cincinnati Foundation (GCF) ramped up our commitment to offering Giving Circle opportunities this year. It’s an interactive game plan that brings like-minded people together to pool their resources, explore together how to support the causes they care about and, as a group, decide how to allocate their combined contributions with amplified impact.
GCF’s 2019 Giving Circles included:
The NEXT and Giving Black: Cincinnati Giving Circles will return next year. Stay tuned for updates on our 2020 Giving Circle opportunities.
Also, in a partnership with the Northern Kentucky Chamber of Commerce, GCF has created a “Giving Challenge” for the 50 members of the Leadership NKY Class of 2020 with a $25,000 contribution. Members are also donating to the challenge to further amplify the grants they’ll collectively award to Northern Kentucky nonprofit organizations.
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.