Resources for Advisors

Professional advisors are a crucial link between people who want to give or plan their legacy and The Community Foundation. Our GiftLaw website features the latest news on charitable planning, a complete tax reference, gift calculators and case studies. For updates by email, subscribe here.

Washington News
National Work and Family Month - Military Family Benefits

In 2003, the U.S. Senate passed a resolution establishing October as National Work and Family Month. In support of military families, the IRS published IR-2019-169 to explain the tax benefits created specifically for military families. Additional information is available in IRS Publication 3, Armed Forces’ Tax Guide. Combat Pay Exclusion – If you are an enlisted member, warrant officer or commissioned warrant officer, you can generally exclude active duty pay while in a combat zone. If you are a commissioned officer, you may exclude part of your combat pay. A combat zone is designated by the President or by Congress. Some active duty military may elect to include nontaxable combat pay as earned income to qualify for the Earned Income Tax Credit. Tax Deadline Extensions – Members of the Armed Forces serving in a combat zone may generally delay both filing and payment of...

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GiftLaw Pro
Charitable Tax Reference

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...

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Deduction Calculator

The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...

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Case of the Week
Lucky Lucy Lindstrom's 'Personal Loan' Charity

Lucky Lucy Lindstrom finished college and headed west. She started as a financial analyst with a large company in Seattle. After just four years, she became a Registered Investment Advisor and began

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Private Letter Ruling
Organization Providing Death Benefits Not Exempt

Organization requested exempt status under Sec. 501(c)(3) by submitting Form 1023-EZ. Organization’s organizing document limits its purposes to one or more exempt purposes under Sec. 501(c)(3).

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Article of the Month
New Decade Nonprofit Trends

Author: A. Charles Schultz, JD, AEP® "It is tough to make predictions, especially about the future."        Yogi Berra, Baseball Coach and Philosopher As we

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