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Horizontal Rule
Comparing two scenarios: Why the step-up in basis matters
Comparing two scenarios: Why the step-up in basis matters
As you've watched the news about potential tax reform, a principle known as the "step-up in basis" might have caught your attention. Over the years, draft legislation has proposed that this principle be changed or eliminated. Although tax law changes to...
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FAQs about charitable giving during uncertain times
FAQs about charitable giving during uncertain times
Economic turbulence, inflation concerns, and a general sense of financial instability have made 2025 very challenging for a lot of people. As you consider how to support your favorite charities this year, take a moment to evaluate which assets may be best...
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Philanthropy: A team sport
Philanthropy: A team sport
At first glance, you may think of charitable giving as mostly an individual act. Certainly, most of the time, the actual money or asset that constitutes the charitable donation comes from a single person, couple, or entity. However, the staff at Akron...
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It's tax season: Five tax reminders for charitable giving
It's tax season: Five tax reminders for charitable giving
Tax time is a great reason to review the basics! At Akron Community Foundation, our goal is to help make the tax aspects of your charitable giving as easy and effective as possible. If you've already established a donor-advised or other type of fund at the...
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Philanthropy: It's a family thing
Philanthropy: It's a family thing
If you've not yet involved your children or grandchildren in your charitable giving, this is the year to consider it! Children of all ages can benefit from learning about philanthropy and how charities improve the quality of life for everyone. Indeed, many...
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