Why Nonprofits Should Weigh In on Proposals to Repeal Estate Tax

The Nonprofit Quarterly | October 23, 2017

For over a century, the estate tax has been put to use with the intention to reduce the concentration of wealth and offer some tax burden relief to individuals, households, and corporations, using the revenue it brings in to allow other sources of income to be taxed at a lower rate than they otherwise would. Arguably, the effect of this tax on either the distribution of wealth or on federal government revenues has been minimal; however, that may be attributable to a number of possible causes: the personal exemptions may be too high, the tax rates too low, or the loopholes and deductions too vast.

Spotlight

Countries such as Haiti, Honduras, and many others live in conditions that no person should have to endure. These people live on $2 or less per day, some with no electricity or nearby water source. Thanks to shoe drive fundraising, you're able to help people create a micro-enterprise!

Spotlight

Countries such as Haiti, Honduras, and many others live in conditions that no person should have to endure. These people live on $2 or less per day, some with no electricity or nearby water source. Thanks to shoe drive fundraising, you're able to help people create a micro-enterprise!

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FUNDRAISING

iWave kicks off new integration with ascend by UC Innovation built on Salesforce

iWave | June 22, 2022

iWave, the industry's top-rated fundraising intelligence platform is thrilled to announce its newest integration with ascend by UC Innovation. ascend is an all encompassing Advancement solution for higher education institutions developed by UC Innovation. This connection enables educational institutions to experience a custom-tailored instance of Salesforce and powered by iWave. Equipped with this integration, fundraising professionals can engage more effectively with donors and focus on top gift prospects, seamlessly infuse donor intelligence directly into their database, and benefit from a simplified workflow. iWave's fundraising intelligence platform comprises the most in-depth wealth and philanthropic database and insights that enables nonprofit, education, and healthcare organizations to uncover donors with the greatest capacity, giving affinity, and inclination to donate. ascend is a leading higher education advancement solution, which is native to Salesforce and EDA compatible. ascend provides a comprehensive, 360 degree view of Advancement activities including Bio Demographics, Prospect Management, Gift Processing, AI, Constituent Engagement with an Online Donor Portal. We're thrilled to partner with ascend and expand the ecosystem connections we have with Salesforce. iWave's proprietary donor insights, including gift capacity and affinity scores, provide robust donor intelligence with wealth data right inside ascend. We both share a commitment to advancing the achievements of higher education institutions and our combination of intelligence and technology will enable clients to accelerate their fundraising efforts." Pranav Lulla, Head of Strategic Partnerships, iWave Higher education institutions now have the opportunity to enrich their internal ascend data with iWave's billions of wealth and philanthropic data points, so they can strategically prioritize the best donors to fuel their fundraising strategies. This means users have access to iWave's powerful fundraising intelligence without leaving ascend, including important data points such as: iWave Scores: which include Capacity, Affinity, and Propensity RFM Score: Recency, Frequency, and Monetary Insights Planned Giving Capacities Value of Properties Value of Charitable Donations Multi-Lens Scoring "ascend, built natively on Salesforce, is delighted to integrate with iWave and further the advancement and fundraising experience for our shared higher-education customers," said Caroline Chang, VP, Community & Product Engagement at ascend by UC Innovation. "This integration will enable our clients to use ascend's powerful and easy to use platform to build stronger relationships with their constituents, simplify and consolidate disparate systems, and use iWave's best-in-class scores and top-rated fundraising intelligence with ascend's easy-to-use and powerful advancement platform." About iWave iWave, the industry's top-rated fundraising intelligence solution, enables nonprofit organizations to fundraise with confidence. In a new era of nonprofit fundraising, iWave solves critical challenges facing fundraising professionals today: how to identify, qualify, and retain donors to raise more major gifts. iWave's intuitive and easy-to-use solutions give access to the industry's highest quality wealth and philanthropic information so you can determine who to ask, how much to ask for, and when to ask. Many of the largest education, healthcare, and nonprofit organizations in the World, rely on iWave to power their fundraising efforts. About ascend by UC Innovation Founded in 2011, UC Innovation has developed ascend, a comprehensive, end to end solution for fundraising and constituent engagement, built natively on the Salesforce Platform. As an award winning Salesforce Partner with a singular focus on transforming advancement and fundraising practices through technology, UC Innovation continues to push the boundaries of what is possible in the areas of next generation constituent experiences, actionable insights, automation, and ease of use.

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NONPROFIT TECHNOLOGY

Landmark Community Grants Program Directs Over $90,000 to Local Nonprofits and Schools

Landmark Vineyards | May 04, 2022

Landmark Vineyards announced its most recent class of Community Grants recipients includes nine nonprofit organizations, plus additional schools in California's Russian River Valley and Sonoma Valley. Landmark, part of The Wonderful Company family of brands owned by Stewart and Lynda Resnick, will award a total of $90,960 in grants, of which $30,000 has been directed towards K–12 schools in the community. Since its launch in 2014, Landmark Community Grants have funded over 156 projects and supported over 118 teachers and 39 schools, totaling nearly $650,000. We're humbled by the quality of applications we receive every year and strive to help our neighbors make an even bigger impact by giving them the resources they need to accomplish their goals. The Community Grants program was created to support grassroots, community-led nonprofit organizations and schools to help drive meaningful change. We're proud to be part of the great work taking place, and it's important to us to collaborate with others to make a difference where our employees live, work, and play." Molly Scott, director of grower and community relations at Landmark Landmark believes that investing in education is an investment in the future and has allocated a portion of the Community Grants to schools in order to provide wide-ranging support for teachers to fund projects and initiatives that help students to learn and thrive. From musical instruments and graphing calculators to science, technology, engineering, and mathematics (STEM) materials and innovative virtual field trips, the grants help fund classroom supplies and educational opportunities for students in Sonoma County. Grant recipients are focused on strengthening youth programs, social services, and strategic community investments. The funds help support organizations working tirelessly to provide lifelong opportunities and programs to empower youth and transitional social services. From job skills training and preventative dental care to mental wellness and therapy services, the Community Grants program is open to all focus areas. Organizations that receive grants are selected by a committee of employees who volunteer annually to identify organizations that provide projects and services directly benefiting local communities. "Funding from Landmark Community Grants will make it possible for the Jewish Community Free Clinic to provide primary care and other medical and social services to low-income workers and their families, always in an atmosphere of respect and compassion," said Donna Waldman, executive director, Jewish Community Free Clinic. "Our clients come from diverse low-income backgrounds and are primarily farm, domestic, and service workers from Sonoma County. As a small grassroots organization that never charges a fee for service, this grant will go a long way to ensure free services including labs, vaccinations, and medications go to those most in need." Some of the 2021–2022 grant recipients include: Jewish Community Free Clinic: Provide free medical care to 750 non-denominational clients. Reach for Home: Provide 110 homeless individuals with free mental health services via a mobile health clinic. Schell Vista Volunteer Firefighters Association: Provide explosion-proof flashlights to 50 volunteer firefighters and assist with search and rescue operations. Sonoma Community Center: Provide four months of Queer Art Club activities for 60 to 70 LGBTQIA identifying youths. YWCA Sonoma County: Provide a new oven range and refrigerator to help serve 2,000 meals per year. About Landmark Vineyards Nestled at the base of the Mayacamas Mountain Range in the Sonoma Valley, Landmark® Vineyards epitomizes the rustic grace and beauty of Sonoma County. Since 1974, Landmark has been dedicated to producing handcrafted, ultra-premium Chardonnay and Pinot Noir, sourcing grapes from unique vineyard sites throughout California to create rich, balanced wines. Its Hop Kiln Estate is a registered California Historical Landmark and expands Landmark Vineyards' presence with two tasting rooms and properties in Sonoma and the Russian River Valley. Their signature wine, the Overlook Chardonnay, has appeared on The Wine Spectator Top 100 list seven times. Landmark's wines may be purchased via select wine shops and restaurants, or directly from Landmark's Tasting Room, online store, or through membership in the Wine Society.

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NONPROFIT MANAGEMENT

World Hope International Partners With My Medic to Donate $500,000 in Individual First Aid Kits to Ukrainian First Responders

World Hope International | June 30, 2022

Global nonprofit World Hope International (WHI) has partnered with first-aid supplies and training company My Medic to supply 3,000 first aid kits, valued at over $500,000 USD, to emergency first responders who are treating individuals injured as a result of the war in Ukraine. Created by My Medic as an essential trauma kit, the Individual First Aid Kit (IFAK), can mean the difference between life and death for casualties of the ongoing war in Ukraine. The kits include emergency response equipment designed to stop bleeding, stabilize fractures, seal open chest wounds, clear compromised airways, and care for burns and other medical emergencies. To ensure seamless use of the equipment, a delegation of My Medic and WHI medical and crisis response team members traveled to Odesa, Ukraine last week to train over 400 first responders, paramedics and civilian emergency response personnel. The trainers, who focused on how to properly utilize the equipment in each kit, represent over seventy years of experience and have deployed with and trained some of the world’s top crisis response teams. Ordinary citizens and volunteer paramedics are on the front lines of this war. They lack equipment. They lack resources. They lack money. What they do not lack is a force of will to help those severely injured. These first aid kits and training will equip these fearless leaders to save lives.” John Lyon,WHI CEO My Medic CEO David Barlow added, “One of the most rewarding aspects of the partnership is that the training and kits will be implemented immediately to help save lives on the front lines of the war.” The cost of the kits provided to WHI were discounted by My Medic. The donation of the kits and the delegation of trainers deployed to Ukraine were funded by WHI donors. Since Russia invaded Ukraine in February, WHI has delivered over $12 million worth of medical supplies to aid those fleeing the war zone. Efforts have included partnering with churches, governments, and other aid agencies to help refugees in Moldova and Poland and training teams on the ground to watch for evidence of human trafficking. About World Hope International World Hope International addresses global poverty with sustainable, grassroots solutions that promote dignity and build opportunity and hope in the communities where it works. World Hope International responds to both acute crises and systemic challenges by partnering with local communities to implement the most sustainable and environmentally friendly solutions — initiatives that belong to the communities and are centered on their visions for a better future. World Hope International does this through strong partnerships that share its compassion for those who have been marginalized. About My Medic A family-operated first-aid kits, supplies, and training company based on the objective to save lives, is driven by a goal to prepare everyone with equipment and training for the unexpected emergency. Based out of Salt Lake City, Utah, My Medic believes everyone should have instant access to a life-saving first-aid kit.

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