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.
Giving Voice Fall 2021: Cover Story
“I realized that the people in this community were the same people who helped me build the business and become financially successful, therefore I knew I needed to give back to the community that helped me so much.”
Jan Lane, development officer, takes a look at the changing landscape of generational philanthropy.
“They were sensationally good parents,” Joe remarked. Lang and Nini will both be remembered fondly by their family as kind, patient caregivers who loved each other, their family and their community with every fiber of their beings.
By working hard and being thoughtful with their spending, the pair had everything they needed while still maintaining a portion they could set aside for the charities that they care about.
Lee Gatta and her husband, Joe Reddick, feel blessed by the support they have received over the years from Syracuse and Central New York. It was the community’s support that inspired them to give back by establishing a charitable giving plan through the Community Foundation....
It is commonplace for many of us to avoid estate planning for a whole host of reasons, including avoidance or procrastination, the belief that it is strictly for older adults or those with lots of money or property, or simply because we don’t know where...
$10 Million Estate Gift From Dr. Robert J. Vitkus Will Preserve Nature for Central New Yorkers to Enjoy
When Bob Vitkus passed away last year, his estate named the Community Foundation the recipient of $10 million to support outdoor parks and recreation areas, a cause that had significant importance to him.