IRA Charitable Rollover Is Now Permanent!

On Dec. 18, 2015, President Obama signed a permanent extension of the IRA charitable rollover into law. It will be effective retroactive to January 1, 2015, and has no expiration date. As a result, donors age 70 1/2 and older may transfer up to $100,000 from their IRA to a qualified public charity. The transfer will be made free of federal income tax, and the gift qualifies for the donor's 2015 required minimum distribution (RMD) for the year.   Many of you had been waiting for passage of this law before…

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Eau Claire Community Foundation Welcomes New Board Members

New Board of Trustees Chair Mark Faanes We're pleased to welcome three new members to our Board of Trustees; Linda Danielson, Dr. Philip Happe, and Karl Murch recently began their three-year term of service. We would also like to thank Jane Lokken for her service as the Chair of the Board of Trustees and welcome Mark Faanes as the new Chair. The Board of Trustees is a volunteer group composed of community leaders dedicated to making Eau Claire a better place to live. The Board is…

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Eau Claire Public Schools Foundation Celebrates Founding Partners Event

Community members come together to celebrate the Eau Claire Public Schools Foundation's Founding Partners Event. On September 24, Eau Claire Area School District principals, administrators, school board members, and community partners came together to honor the Eau Claire Public Schools Foundation’s 52 Founding Partners. The Eau Claire Public Schools Foundation held the special event to thank the Founding Partners for Education, who have each donated $5,000 or more to establish the District Wide Endowed Fund for the Future and other funds that address the District’s greatest…

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The People Have Chosen!

Have you heard? Trojan Horse won the 2015 Sculpture Tour Eau Claire People's Choice Award! Congratulations to artist Dale Lewis of Minnesota. Trojan Horse Each year, the People's Choice Award is given to the sculpture that receives the most votes. Sculpture Tour Eau Claire then purchases the sculpture and gives it to the City of Eau Claire. Sculpture Tour Eau Claire also dedicated the 2014 People's Choice award winner, Going for the Goal by Dee Clements, at a ceremony on October 22, 2015. The sculpture is…

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Feed My People Puts ECCF Grant Money To Work

Feed My People has wasted no time in implementing its Food Outreach Program, which received 2015 grant funding from the Eau Claire Community Foundation. Please click the links below to read more about how this wonderful program is bringing food to people in need. "New Food Pantry Opens in Park Towers Apartment" story on WEAU website "Everyone's Talking About It" article about the Food Outreach Program on the Feed My People website The Eau Claire Community Foundation is proud to support Feed My People as it works to ensure that…

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Congratulations, 2015 ECCF Grantees!

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Congratulations to the nonprofit organizations that received grants from the 2015 Eau Claire Community Foundation Competitive Grant Cycle! The checks were officially presented at the ECCF Annual Meeting on June 4, 2015. The Eau Claire Community Foundation received a wide spectrum of grant applications in 2015; here is that year by the numbers: We received 59 grant applications, 31 for asset purchases and 28 for program expenses, totaling $285,096. We were able to fund, either fully or partially, 44 of those applications, 24 of which were for asset purchases and…

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Community Foundations Serve and Secure

The Eau Claire Community Foundation is proud to serve the Eau Claire community, but it's not alone; other Foundations are at work to improve their own communities. Please click the link below to read more about the ECCF and other nearby Foundations in the Chippewa Valley Business Report. COMMUNITY FOUNDATIONS SERVE AND SECURE

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Two New Confluence Project Funds Established at ECCF

The Eau Claire Community Foundation is pleased to announce the establishment of the Confluence Building Fund and the Confluence Building Endowment Fund. The Confluence Project is a collaborative effort to continue the redevelopment of downtown Eau Claire at the confluence of the Chippewa and Eau Claire Rivers. The centerpiece of the project is the Confluence Arts Center, a state-of-the-art facility to showcase Eau Claire’s arts community. Philanthropic support is critical to reach the Confluence Campaign’s $13 million fundraising goal; donations to the Confluence Building Fund, which is a Pass-Through fund…

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Sculpture Tour Eau Claire’s People’s Choice Award

Sculpture Tour Eau Claire announces that the 4th People’s Choice Sculpture is “Going for the Goal” by Colorado Sculpture Artist Dee Clements. Going for the Goal Area residents chose this sculpture during the voting period, which ran from May to October, 2014. “Going for the Goal” will be purchased and donated to the City of Eau Claire for permanent display. The voting resulted in other awards as well: The 2014 Best of Show Award is “Lakota Sun” by Shawn Morin from Ohio; the 2014 Best of…

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Last-Minute Options for Tax Deductible Giving in 2014

IRA Charitable Rollover  The President recently signed H.R. 5771, extending the IRA charitable rollover for one (1) year, retroactive for 2014.  Congress reauthorized the IRA Charitable Rollover, which allows people who are 70 and 1/2 years or older to make direct transfers totaling up to $100,000 per year to the Eau Claire Community Foundation or other qualified charities without having to count the transfers as income for federal income tax purposes.   How it works You make a gift of up to $100,000 by transferring IRA assets to the Eau Claire…

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