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Without legislation to prevent it, the sunsetting of current estate tax laws at the end of 2025 will dramatically reduce the federal estate tax exemption from $13.61 million per person in 2024 to approximately $7 million in 2026 (this includes adjustments for inflation). This change would affect many high net-worth…

Your clients who are corporate executives have likely wondered at some point about the benefits of aligning their companies with philanthropy, whether specific causes or organizations. In general, a community engagement strategy can be good for business, if well-executed. For example, almost half of consumers view a brand favorably when…

Donating highly appreciated stock to a fund at Greater Cincinnati Foundation (GCF) offers significant advantages for your clients over making cash gifts. Communicating this benefit, however, can be challenging when clients have emotional attachments to their shares. How can you overcome this hurdle and help optimize your clients’ charitable giving…

GCF is on a mission to create a vibrant Greater Cincinnati where every person has a fair opportunity to thrive. Through trusted partnerships, we cultivate a spirit of generosity — one that embodies kindness, thoughtfulness and a deep desire to see our community reach its fullest potential. While we wear…

In 2023, GCF’s Racial Justice Fund continued to support the voices of Black women in our community with a $35,000 grant to Queens Village. Queens Village exists to uplift Black women and reduce poor health outcomes that disproportionately affect Black mothers and babies. Their programming is created by listening to…

Welcome to summer! We’ve put together six tips to keep in mind as you plan your charitable giving for the coming months, years and even decades. As always, the team at Greater Cincinnati Foundation (GCF) is happy to be a resource! Donate appreciated stock to your fund at GCF. We…

The Commonwealth Offers Special Tax Savings for Charitable Endowment Gifts Kentucky taxpayers who give philanthropic support in Kentucky deserve some credit! The Endow Kentucky Tax Credit program offers a state tax credit of up to 20% for charitable gifts made to endowments held at qualified community foundations for the benefit…

Cincinnati is a worldclass destination for arts and culture. In 2023, GCF partnered with generous donors to grant over $12 million to support creative endeavors and expand access to impactful arts and cultural experiences. Cincinnati Opera Goes to Church Opera Goes to Church!™/Opera Goes to Temple!™ is a collaboration between…

In 2023, GCF partnered with generous donors to grant over $24 million to expand access to quality education, providing a solid foundation for success for the next generation. Supporting Early Childhood Educators 4C for Children is a child care resource and referral agency serving a 15-county area that supports roughly…

At the end of 2024’s first quarter, CNN reports that an estimated 485,000 Americans could count themselves among the so-called “401(k) millionaires,” meaning the balance in their employer-sponsored retirement plans has reached the $1 million level. Thanks in part to stock market rallies during the first part of the year,…

As an advisor, you make sure that your clients know all the options for structuring both their near-term and long-term plans to give to charity using techniques that achieve philanthropic and tax goals. What you might consider is that many of your clients are executives in companies whose leaders want…

Donors can rely on GCF to share current knowledge of critical needs in the community and connect them with trusted nonprofit partners. To achieve this goal, GCF’s President and CEO Matthew Randazzo and Chief Impact Officer Rasheda Cromwell, recently hosted a series of intentional community listening sessions with regional nonprofits and…

Celebrating the Opening of The Barrister This spring, GCF attend a ribbon cutting ceremony to celebrate the opening of The Barrister, the first affordable housing development in the Central Business District in nearly 30 years. The renovated, historic building houses 44 affordable rental units, a commercial space and a community…

California natives, Jack and Barb Smith have lived in many cities all over the country, but they chose to call Cincinnati home. Jack worked for Procter & Gamble (P&G) and his position took the family across the world. “P&G encourages employees to get out into the community and to find…

When your client is getting ready to make a contribution to a fund at Greater Cincinnati Foundation (GCF) or other charity, remind them not to automatically reach for the checkbook. Here are other—and typically more tax-savvy—options to consider.  Marketable Securities Gifts of long-term appreciated stock to a donor advised or…

If you’re a business owner, odds are you already give back to your community. Like many charitably minded people, your business likely sponsors events, makes in-kind donations, and donates cash to favorite organizations. Many local business owners work with GCF to give back to the community where they built their…