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      • KEEPING TRACK OF YOUR CHARITABLE DONATIONS IS MORE IMPORTANT THAN EVER
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The perfect plate: Turkey, pumpkin pie and charitable giving


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As you prepare to gather with family and friends over the Thanksgiving holiday, we invite you to reach out to the team at the Peninsula Community Foundation for suggestions on how to incorporate charitable giving into the festivities.  
 
For example:
  • Take this opportunity to brush up on the rich history of charitable giving in America. 
  • Consider asking each family member to conduct quick research on a community need that they feel strongly about, such as homelessness, early childhood education, preserving the environment, medical research, and so on. 

          Even just 15 minutes of online research on how the issue is playing out locally can be eye-opening! 
​
  • When your family is together, each person can briefly share what they found in their research. If the group feels strongly about one or two issues, you might consider pooling donations–it won’t matter whether its $5 per person or $50. 
 
  • Contact the Peninsula Community Foundation to find out which nonprofit organizations in the community are most closely aligned with addressing the issues you’ve selected. We would love to be part of your discussions.
 
Thanksgiving is also a good time to start planning for year-end charitable giving to meet your philanthropic goals. For instance:

  • Making gifts of cash or appreciated stock to your donor-advised fund at the community foundation can help you streamline your charitable giving recordkeeping and still allow you to support your favorite charities with year-end gifts. If you’ve not yet established a fund with us, we’d love to help you set that up. There is still plenty of time to put it in place to meet your year-end tax planning and charitable giving needs.
 
  • If you are over the age of 70 ½, consider making a Qualified Charitable Distribution (QCD) from your IRA to one or more qualifying charities, which include an unrestricted or field-of-interest fund at the community foundation. QCDs, available up to $100,000 annually per taxpayer, are an excellent way to bypass required minimum distributions and the corresponding income tax liability. If you have a question about how to do this, give us a call (757 327-0862).
 
  • Many families update their estate plans around the holidays. If you’re planning to review your wills and trusts, it’s a great time to check in on any bequests and adjust those provisions, especially if you’ve recently established a donor-advised or other type of fund at the Peninsula Community Foundation and intend for part of your estate to flow into those vehicles.
 
As always, please contact us for charitable giving inspiration and insights. We are here to help! 
​
For more information about establishing a fund, please contact Michael Monteith, Email/757.327.0862 ​​​​
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  • Homepage - Peninsula Community Foundation
  • About
    • Board of Directors
    • Connect
    • Financials
    • News
    • Partners
  • Impact
    • Brink Impact Fund
    • Children's Holiday Fund
    • COVID 19
    • Give Local 757
    • Grants
    • Impact 100
    • Leadership Society
    • Legacy Society
    • PCF Initiatives >
      • Early Childhood
      • Homelessness
      • Neighborhoods
  • Scholarships
  • Funds
    • Agency
    • Corporate
    • Designated
    • Donor Advised
    • Employee Assistance
    • Legacy >
      • Types of Funds
    • Aug 2022 Advisor Newsletter
    • Sept 2022 Advisor Newsletter
    • Oct 2022 Advisor Newsletter
    • Nov 2022 Advisor Newsletter
    • Dec 2022 Advisor Newsletter
    • Jan 2023 Advisor Newsletter
    • FEB 2023 Advisor Newsletter
    • MAR 2023 Advisor Newsletter
    • Sept 2022 Donor Newsletter >
      • KEEPING TRACK OF YOUR CHARITABLE DONATIONS IS MORE IMPORTANT THAN EVER
      • HERE’S WHAT TO KNOW BEFORE GIVING MONEY TO A NEW NONPROFIT
      • HOW TO GROW YOUR CHARITABLE GIVING BY BUNDLING TAX SAVINGS
    • Oct 2022 Donor Newsletter
    • Nov 2022 Donor Newsletter
    • Dec 2022 Donor Newsletter
    • Jan 2023 Donor Newsletter
    • Feb 2023 Donor Newsletter
    • Mar 2023 Donor Newsletter
  • DONATE
  • Fund Login