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Since 2019, nearly $4.7 million has been raised in support of Lincoln Littles programs, operations, and initiatives – including tuition assistance for infants, toddlers, and preschoolers to attend quality early childhood education programs throughout the community.
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Recently, donor advised funds have been the subject of conversation within financial and estate planning circles, as well as a trending topic in philanthropy, related to a set of proposed regulations issued by the IRS late last year. The IRS has scheduled public hearings on the proposed regulations, set for May 6, 2024.
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Tax time has its silver linings! Going over a tax return with a client helps start a productive conversation about ways to plan gifts to charity more effectively.
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Lincoln Community Foundation offers charitable giving vehicles to meet a wide range of clients’ needs. In many cases, a single client can benefit from setting up multiple funds of different types.
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Rosalind Carr wants you to know that an ordinary family can make an impact. “You don’t have to have inherited wealth,” she said. “You can live a frugal life and have enough money to do something like this.”
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