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Answering the Five Most-Asked Qualified Charitable Distribution Questions
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Individuals who are age 70½ or older may direct up to $100,000 of their traditional IRA each year to support charitable causes. Qualified Charitable Distributions (QCDs) can be an attractive strategy for donors because they count towards their required minimum distributions (RMDs). Qualified Charitable Distributions, or QCD’s, have received increasing attention as both a financial ... Read more
CFOV Announces Belmont County Enrichment Fund Grant Cycle
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The Community Foundation for the Ohio Valley (CFOV) and its affiliate, GIVE Belmont County, recently announced the opening of the grant application period for the Belmont County Enrichment Fund (BCEF). From January 8, 2024, through February 2, 2024, eligible organizations are invited to apply for grants that contribute to the betterment of Belmont County. Established ... Read more
Grantee Spotlight: St. Clairsville Area Soccer Association
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Enhancing Community Life: The ‘Light Up Capstone Soccer Complex’ Project In Belmont County, the St. Clairsville Area Soccer Association’s ‘Light Up Capstone Soccer Complex’ project shows that targeted community efforts can enhance local amenities and safety. Funded in part by a $10,000 grant from the Belmont County Enrichment Fund, this initiative brought essential improvements to ... Read more
Nonprofit Corner: FAQs for the New Year
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Addressing Key Questions and Trends A new year ushers in a fresh batch of resolutions and goals. It’s also a time when new questions pop onto the radar. That’s certainly the case even in these early days of 2024. Here are a few of the top questions we’re already hearing from our nonprofit partners, along ... Read more
Fund Spotlight: The Joseph and Marilyn Fraker Animal Welfare Fund
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Mid-December, the Joseph and Marilyn Fraker Animal Care Fund celebrated a milestone – a grant for the Tiffany Dlesk Spay and Neuter Clinic marks over $54,000 directed to animal welfare since the fund’s inception in 2016. Joseph and Marilyn’s fund, held and administered by the Community Foundation for the Ohio Valley, shows that impact can ... Read more
Staff Spotlight: Susie Nelson
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Susie Nelson has been the Executive Director of the Community Foundation for the Ohio Valley (CFOV) since 2007. She has been instrumental in driving the foundation’s growth, tripling its annual grantmaking from $1 million to $3 million in the Upper Ohio Valley region. Beyond her role at CFOV, Susie is deeply involved in service to ... Read more
The Helen & Leonard Rowley Memorial Fund: A Legacy Lives On
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The philanthropic legacy of Helen and Leonard Rowley continues to resonate in the Ohio Valley, embodied by the Helen and Leonard Rowley Memorial Fund at the Community Foundation for the Ohio Valley. Since 2005, this fund has been a testament to the Rowleys’ lifelong commitment to their cherished causes, seamlessly continuing their support even after ... Read more
Important Cautions for Nonprofits: Strategies for Compliance and Engagement
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Nonprofit organizations and their boards need to carefully follow the IRS rules that apply to 501(c)(3) entities. This includes maintaining their tax-exempt status and ensuring they can receive tax-deductible donations. With constant changes in tax laws and the usual business risks that affect both nonprofit and for-profit organizations, staying vigilant is essential. Here are three ... Read more
