IN THIS ISSUE
FOUNDATION NEWS
A Message from our President & CEO
CFAAC Hires Damika Baker-Wilson as new Director of Development
MAKING A DIFFERENCE
Planned Giving Speaker Series: LBGTQ Estate Planning Webinar
Meet our County’s EDI Team and Learn How to Apply the Equity Lens at Your Workplace
Honor the Women in Your Life on Galentine’s Day with a gift to the Women & Girls Fund
COMMUNITY IMPACT
Two Memorial Scholarship Applications to Open
STRENGTHENING NONPROFITS
Community Crisis Response Fund Grant Application Opens on February 7
Fund for Anne Arundel Grant Application Opens on February 14
Community Grants
NEWS FOR PROFESSIONAL ADVISORS
Connect with AAEPC on LinkedIn
Registration is OPEN for 2022 AAEPC Membership
Big gifts are getting bigger. How does that change your conversations with your clients?
When giving hard-to-value assets, creativity and caution are critical in the digital age
FOUNDATION NEWS
Each year throughout the month of January, we reflect on the prior year and take stock in all that we have accomplished. Now, it is time that we look ahead to the year before us, continue our hard work, and feel the excitement of what is to come.
That said, the CFAAC staff and Board of Trustees are moving ahead with full steam, remaining committed to Anne Arundel County and putting the people and plans in place to achieve all we can for our community. I am proud to work alongside such a passionate group of people who prioritize serving their community.
We are thrilled to welcome Damika Baker-Wilson to our Community Foundation family as our new Director of Development! From the moment we met Damika, we knew she was the perfect fit. With her strong, well-rounded development background, commitment to the value of building relationships, and deeply held belief in the power of philanthropy to change lives, we are convinced that she will be an incredible asset to our small, but mighty team. She will start on February 14. You can read more about her in this newsletter.
The Fund for Anne Arundel call for grant applications opens this month. It is our third year of grantmaking for this fund, which remains focused on Anne Arundel County children’s mental, physical, and emotional health. For more information and to support this important fund, click here.
We are also opening the Community Crisis Response Fund call for applications in February. This fund was established to provide flexible financial assistance to nonprofits immediately following a crisis in our community. The need continues to be great as many in the community still struggle to deal with Covid-19. Find more information and donate here.
Lastly, we are busy working on our 2021 annual report that will feature not only our donor listings, but also inspiring stories of fundholders and donors. There is so much for us to be proud of and we can’t wait to share our accomplishments as well as motivating content about those who have contributed to those achievements.
Warmly,
President & CEO
CFAAC Hires Damika Baker-Wilson as new Director of Development
Please join us in welcoming Damika Baker-Wilson, CFRE, to our CFAAC team as our Director of Development. Damika will join the team at the Community Foundation on February 14, 2022. With more than a decade of experience in the nonprofit world, Damika brings a well-rounded development, fundraising, and relationship-building skill set to the Director of Development position.
In this role, Damika will be responsible for the planning, implementation, and execution of a development strategy to attract individual gifts, private foundation gifts, and deferred gifts for CFAAC and will be primarily responsible for developing and sustaining relationships with donors, fund holders, and community partners.
In her most recent position as Director of Development for HumanitiesDC, she was responsible for developing, managing, and executing fundraising and marketing goals for the DC affiliate of the National Endowment for the Humanities. While at HumanitiesDC, Damika managed a $2M+ grants portfolio and was responsible for building HumanitiesDC’s fundraising program by developing fundraising systems, and cultivating, soliciting, and stewarding relationships with public and private funders. Read more about Damika here.
MAKING A DIFFERENCE
Planned Giving Speaker Series: LGBTQ Estate Planning Webinar
Thursday, March 3, 2022
9:00 am – 10:00 am via Zoom
This webinar will focus on creating a welcoming environment for members of the LGBTQ community. Presented by Lee Carpenter, an attorney whose practice includes a special emphasis on the unique needs of members of the LGBTQ community, participants will learn how to speak with LGBTQ individuals without causing offense, understand how LGBTQ life experiences and planning needs may differ, and identify ways to avoid unintentional bias. The many benefits of marriage will also be discussed in an estate-planning context. Participants will leave the session prepared to work with same-sex couples and other LGBTQ individuals with new understanding and confidence. Lee Carpenter is an attorney with Niles, Barton & Wilmer, LLP.
Meet our County’s EDI Team and Learn How to Apply the Equity Lens at Your Workplace
Wednesday, March 16, 2022
12 noon via Zoom
In this webinar, Anne Arundel County’s first Director of Equity, Diversity, and Inclusion (EDI), Pete Hill, leads an interactive discussion on why the County Executive found the need to create an EDI Office, the work that has been done so far, and what it hopes to accomplish in the future.
During this presentation, you will be introduced to the EDI Staff, the goals and objectives identified by the County Executive, and the equity lens, a tool the EDI team uses to ensure all county departments apply critical thinking skills when introducing implementing new policies. At the end of this session, you'll also learn how to apply the equity lens to your workplace. This webinar is free to the community.
Pete Hill, a Glen Burnie resident, serves as Anne Arundel County's first Director of Equity, Diversity, and Inclusion (EDI). In this role, he is working on a county-wide EDI strategy that will be the roadmap for department and government-wide equity action plan implementation.
Honor the Women in Your Life on Galentine’s Day with a gift to the Women & Girls Fund
Galentine’s Day is February 13th. Originating from the popular TV show “Parks and Recreation,” the holiday is all about declaring love and affection to the women who make up our support system. Go Girl Power!
This year, consider donating in honor of your “bestie” to the CFAAC Women & Girls Fund, which supports nonprofits that help women and girls pursue positive, productive lives by helping to remove barriers for women and girls, increasing their economic security, enhancing their well-being and safety, and empowering them to make positive life decisions for themselves and their families.
COMMUNITY IMPACT
Herzberg-Wild Memorial Scholarship Opens February 15
The Lance Corporal Eric William Herzberg and Lance Corporal William Taylor Wild IV Memorial Scholarship (Herzberg-Wild Scholarship) was established at CFAAC by anonymous donors to honor two fallen Marines, Eric W. Herzberg and Taylor Wild IV, who were both Anne Arundel County residents. Both were proud U.S. Marines who dedicated their lives to protecting and defending our country.
Since 2014, scholarships have been awarded annually to graduating Anne Arundel County Public High School students who exhibit the Marine Corps values of Honor, Courage and Commitment; the ability to persist in the face of significant personal obstacles; and the ability to provide quiet leadership in their school and in their community.
Scholarship recipients are eligible for reapplication for one consecutive year pending successful academic progress. Eligible education expenses include tuition, fees, books, equipment and/or tools associated with a specific academic or trades training program.
Two $10,000 Herzberg-Wild Scholarships will be awarded in 2022 to graduating Anne Arundel County Public High School students.
Completed applications must be submitted by April 1, 2022.
The Officer Grant Turner Memorial Scholarship Opens on March 1, 2022
The Officer Grant Turner Memorial Scholarship Fund was established after Officer Grant Turner passed away to honor his love of baseball. The Fund Advisors host one of the largest preseason baseball tournaments in the state. Proceeds from the tournament are used to provide scholarships to students who meet one or more of the following criteria:
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Graduating student-athlete from South River High School
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Dependent of the Maryland Transportation Authority Police Department
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Dependent of the Maryland Diamond/Anne Arundel County Umpires Association
Completed applications must be submitted by April 15, 2022. Additional criteria may apply.
STRENGTHENING NONPROFITS
Community Crisis Response Fund Grant Application Opens on February 7
As nonprofits continue shifting from a mindset of crisis response due to the COVID-19 pandemic to resilience and recovery, there are still great needs. Requests for funding must directly relate to increased needs as a result of the COVID-19 pandemic.
Grants will be awarded to nonprofit organizations that provide services to support clients who have experienced increased needs directly as a result of the COVID-19 pandemic. These may include, but are not limited to:
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lack of basic human resources (diapers, hygiene products, etc.)
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food insecurity
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homelessness
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domestic violence or child abuse
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childcare challenges
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limited access to health/mental health or educational resources
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transportation challenges (including to/from vaccination and testing sites)
Priority will be given to nonprofits with deep roots in the community, a demonstrated ability to address urgent needs, and reach historically underserved and vulnerable populations.
CFAAC will award grants up to $5,000. Applications will be open from February 7, 2022 through March 4, 2022 at 11:59 p.m. Note: the application does require a narrative description, and program and operating budgets.
Fund for Anne Arundel Grant Application Opens on February 14
The Fund for Anne Arundel (FFAA) will continue its focus on healthy, thriving, successful children, by awarding grants to programs that address the needs of children and families. There are tremendous unmet needs that remain consistent in Anne Arundel County as outlined in the CFAAC Community Needs Assessment, Poverty Amidst Plenty VI: On the Road to Progress for All The FFAA was established to align with the findings of the needs assessment report, and to offer flexible and dynamic support to nonprofits doing vital work to address the most pressing needs of Anne Arundel County residents.
In 2022, the Fund for Anne Arundel will continue to make grants to programs that prioritize the health of county children and families. This includes access to physical, mental, and behavioral health programs.
The Fund for Anne Arundel will award three to five 12-month grants between $25,000 and $50,000. The grant application opens on February 14, 2022, and closes on March 31, 2022 at 11:59 p.m.
Community Grants
AAWGT 2022 Grant Applications
Anne Arundel Women Giving Together (AAWGT) 2022 Grant Applications deadline for receiving completed applications is Friday, February 11, 2022 at 11:59 pm.
Grants will be awarded in amounts from $5,000 to $20,000. Going forward, organizations that receive grants for two consecutive years will not be eligible to apply for the following two years. Applicants will be asked to identify if and how the needs identified in CFAAC's Community Needs Assessment: Poverty Amongst Plenty VI, On the Road to Progress for All, are considered in their proposal.
Learn more about the 2022 AAWGT Grants here.
Parole Rotary Foundation 2022 Grant Applications are Open
The Parole Rotary Foundation, Inc. is accepting grant applicants from now through March 18, 2022 for non-profit organizations in Anne Arundel County that serve the needs of children in the areas of education, health, and the arts.
Click here to apply for a grant.
Questions regarding the Parole Rotary Foundation grants can be addressed to the Grants Committee at ParoleRotaryGrants@gmail.com.
IMPACT100 Announces 2022 Grant Applications
IMPACT100 will hold virtual grant brainstorming workshops for nonprofits to learn and share ideas for writing a compelling and transformative grant request on:
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Tuesday, February 24th at 12:30 pm
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Monday, March 21st at 12:30 pm
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Tuesday, April 12th at 5:00 pm
To RSVP for a workshop email: grants@
NEWS FOR PROFESSIONAL ADVISORS
Connect with AAEPC on LinkedIn
The disruption of the past two years changed everything, including how we stay up-to-date in our profession and with our peers. Alternatives came and went – “Zoom Fatigue” entered the lexicon nearly as fast as “Zoom” did. In 2022, the Anne Arundel Estate Planning Council (AAEPC) seeks to return to form and bring you the in-person networking and educational events that make us better advisors and professionals.
Your local estate planning council is a network of expertise and experience. It includes up to the minute educational events that can help improve skills and knowledge as well as connect with peers and friends.
Follow the new LinkedIn page so you don't miss out on the next event and to stay up to date on estate planning.
Registration is OPEN for 2022 AAEPC Membership
For all current, former, and prospective members, registration for membership in the 2022 Anne Arundel Estate Planning Council is now is open until March 01, 2022.
Sign up on the improved website. It's faster and easier than ever.
If you have any questions, please contact AAEPC membership chair, Zachary Reichenbach, at zreichenbach@vallitadvisors.
Big gifts are getting bigger. How does that change your conversations with your clients?
Ranging from $175 million to a whopping $15 billion, the 10 largest gifts to charity in 2021 may have caught your clients’ attention. Not only do philanthropic gifts seem to keep getting bigger, but the future looks bright, too, with more than $84 trillion projected to be handed down in what may be one of the largest intergenerational transfers of wealth in history. Although most of that money will flow to heirs, projections indicate that charities could receive as much as 14% (nine percent in the form of bequests and the rest as lifetime gifts to charity).
As your Baby Boomer clients plan their estates, keep that 14% in mind, especially as philanthropists at all levels are becoming increasingly intent on making an immediate impact on important causes instead of leaving behind perpetual philanthropic structures.
The Community Foundation can help you develop an impact-focused philanthropy plan for your clients, including helping your clients “reverse engineer” the philanthropy structures that will be most likely to result in the difference your clients want to make in the world.
Read more about the key characteristics of clients you should be talking to.
When giving hard-to-value assets, creativity and caution are critical in the digital age
For some of your clients, the thought of giving artwork to a museum or other charity might have crossed their minds. Otherwise, in the estate plan you’ll build for the art collector, the choices largely boil down either to selling the pieces — or giving them to family and loved ones during life or through a bequest.
It is imperative to understand the tax consequences of each disposition scenario as you advise your clients about their collectibles. For example, clients may not realize that the higher capital gains rate of 28% generally applies to artwork and other collectibles–not the 20% rate typically applicable to sales of other types of capital gains assets. And this higher rate has been the subject of some tax reform discussions. Read more.