IMPACT Central Indiana, LLC is a limited liability company created by Central Indiana Community Foundation, The Indianapolis Foundation and Hamilton County Community Foundation to facilitate social impact investments into businesses, funds and not-for profits that are generating positive, measurable social impact and financial returns. Specifically, IMPACT Central Indiana will make loans, equity investments and grants that further the charitable mission of the Foundations. What sets philanthr…Read More.
The silver lining to these times of uncertainty, fear and isolation is the collective groundswell toward generosity. We are seeing a tremendous amount of charitable giving through community-based relief funds as well as specific not-for-profits. You can be a terrific resource to your clients as to how to be helpful in the midst of this crisis.Read More.
One purpose of the $2 trillion stimulus bill, the Coronavirus Aid, Relief, and Economic Security Act, signed into law on March 27, 2020 (the “CARES Act”), is to support the not-for-profit community, in part by providing temporary charitable giving income tax incentives and related measures.Read More.
With the passage of the Tax Cuts and Jobs Act last December, there is speculation about the impact the law will have on charitable giving. Because the standard deduction was nearly doubled—$12,000 for individuals and $24,000 for married couples—the Tax Policy Center projects that only 11 percent of households will continue to itemize their tax deductions, down from 26 percent of households under the prior law. With such a dramatic decline in the number of itemizing households, it is possi…Read More.
Sign up for the CICF newsletter, inspiring philanthropy.
Be the first to learn about grant opportunities, exciting new projects and much more.