5forCNY
Think of an endowment as a giant savings account filled with donations, which gets invested to grow over time.
The unexpected and unrestricted nature of Lucy’s bequest echoes the quiet yet profound impact individuals can have on causes they hold dear, even in the absence of overt support during their lifetime.
The Community Foundation’s 5forCNY initiative, which invites community members to give back to the region by setting aside a portion of their assets for Central New York charities, immediately resonated with Michael and Susan Meath.
John Winter's legacy as a devoted father, philanthropist, and advocate for marginalized communities lives on. We are honored to be the stewards of his charitable intentions and to continue his mission of making a positive difference in the lives of children.
Gwen's parents grew up in the Jim Crow South and met while studying at North Carolina A&T, a historically Black college and university. Her father entered a segregated Army and her mother was a teacher. It is this keen awareness of the sacrifices and triumphs...
It was an “a-ha” moment for Pamela Kip Reisman Monaco when she read another woman’s story of leaving a planned gift to the Community Foundation.
Per household, the average value of assets set to transfer over the next 10 years is $79,700, so an average gift of $4,000 from each household could make a significant difference!
Caragh believes that building a financial plan is like putting together a puzzle and charitable giving is an important piece.