Celebrating the new Legacy IRA and a boost for QCDs

Congress passed the much-anticipated, $1.65 trillion-dollar omnibus spending bill known as the Consolidated Appropriations Act of 2023 (“CAA”) on December 23, 2022, followed by President Biden signing the Act into law on December 29, 2022. At more than 4,000 pages, the Act includes a wide range of provisions that impact multiple sectors. Of particular interest to attorneys, accountants, and wealth managers who …

A NEW WAY TO GIVE BACK FROM YOUR IRA

By Marcey Ciaccio, Interim Executive Director, The Community Foundation for McHenry County The Community Foundation often highlights the variety of funds, scholarships and grants we oversee, since “Connecting people who care with causes that matter” is the reason we go to work each day. However, one fund we don’t often talk about is “The Community Foundation for McHenry County Operating …

The Community Foundation for McHenry County Awards 2022 Transformational Grants to Three Charitable Organizations Totaling $206,600

The Community Foundation for McHenry County is celebrating the third year of their Transformational Grant program, which offers grant funding to support groundbreaking programs, provide innovative services and be a source of positive change in McHenry County. “We are so grateful for the generous support of our donors who have made the Transformational Grant program possible. The agencies being awarded …