FOUNDATION NEWS
A Message from our President & CEO
CFAAC 2020 In Review
MAKING A DIFFERENCE
Support CFAAC’s Annual Community Leadership Campaign Efforts
Find Joy through Philanthropy and Planned Giving
COMMUNITY IMPACT
Herzberg-Wild Memorial Scholarship Application
Officer Grant Turner Memorial Scholarship Fund Application
STRENGTHENING NONPROFITS
Community Crisis Response Fund Grant Application
Fund for Anne Arundel Grant Application
Chaney Enterprises Foundation Fund Cycle 1 Application
Community Grants
Community Events
NEWS FOR PROFESSIONAL ADVISORS
Selecting a vehicle to celebrate and support a family's culture of philanthropy
Valuable Tax Tips: Qualified Appraisals and 2020 Tax Changes
Unlocking the power of clients' real estate: Is the bargain sale a must-have in your charitable planning toolkit?
FOUNDATION NEWS
A Message from our President & CEO
Wow, February was a short month but we accomplished quite a bit at the Community Foundation. First, we opened two new cycles for grantmaking – both the Community Crisis Response Fund and the Fund for Anne Arundel. Second, we hosted our first Community Impact Speaker Series on ACES, Trauma, and the Pandemic and discussed becoming a trauma informed county. With over 300 participants registered, we have come to realize that this is a topic of deep interest and concern in our community. We plan to offer additional programs to continue the conversation throughout the year. Finally, we had our first quarterly board meeting of 2021 where we reviewed all that we accomplished in 2020, discussed plans for 2021, and welcomed our three newest board members – Andrea Beegle, Vincent Moulden, and Martha Van Woerkom.
Speaking of accomplishments, Anne Arundel County has just been named a finalist for the Robert Wood Johnson National Culture of Health Prize. This is an extraordinary honor, and the county is one of nine finalist communities from the original 90 applications from across the nation. The Community Foundation of Anne Arundel County is named as the official private partner in the prize because of our collaborative work throughout the county to support the government agencies, nonprofits, and organizations who are all working to improve the health of our community. I look forward to sharing more about this news in the coming months as leaders from the community participate in site visits and interviews conducted by the award review committee. The final award is expected to be announced in the fall.
As always, thank you for your support. With spring right around the corner, all of us at CFAAC look forward to updating you on the many ways our community of donors is growing and continuing to support our treasured nonprofits, bringing sunshine and hope to so many.
Mary Spencer
President & CEO
CFAAC 2020 In Review
During this unprecedented year, you came through in a major way and we can't thank you enough!In 2020, you helped CFAAC make the biggest impact in Anne Arundel County in our 20+ year history.
MAKING A DIFFERENCE
Support CFAAC’s Annual Community Leadership Campaign Efforts
The Community Foundation of Anne Arundel County (CFAAC) recognizes the power of philanthropy to transform communities. We are a convener of service providers, a thought partner, an advocate for local nonprofits, and a catalyst for innovative ideas and community problem-solving.
We work closely with members of our board, community leaders, and nonprofit organizations to identify and understand the areas where the people in our community need the most help. Our staff monitors all areas of community need—including human services, education, the environment, healthcare, the arts, and economic development.
Through initiatives like our Community Needs Assessment, Community Impact Speaker Series, and Grantmaking programs such as the Community Crisis Response Fund, Fund for Anne Arundel, Help Our Neighbors, and Grants for Teachers, we are committed to addressing the challenges in our community—today and tomorrow.
The needs of our community are ever-changing and CFAAC has its finger on the pulse of the community’s top priorities and the best way to address them. Through its organizing power, community knowledge, and perpetual mission, CFAAC is an unparalleled resource to make Anne Arundel County a better place to live for everyone.
HELP US MAKE A DIFFERENCE – We invite you to make a difference by supporting CFAAC in our efforts to strengthen communities and improve the quality of life for all residents in Anne Arundel County.
Support CFAAC’s Annual Community Leadership Campaign
Find Joy through Philanthropy and Planned Giving
One of the greatest joys is seeing someone else thrive because of your philanthropy. Giving enables us to focus beyond our own material concerns and think about others. It is a tangible way we can show care and concern as well as partner with others to benefit the community. Through a planned gift at the Community Foundation of Anne Arundel County (CFAAC), you have an opportunity to share the joy of philanthropy with your family by involving your children and grandchildren in your philanthropic decisions. CFAAC has many options and types of funds, such as Donor Advised Funds, that allow you to support all your favorite charities and appoint successor advisors, so future generations can carry on the generous work you began. Setting up an estate plan that establishes an endowment through a Legacy Donor Advised Fund will benefit the organizations you support in perpetuity and allow your family’s future generations to continue your philanthropic legacy. Let us explore those options with you and help you find your philanthropic joy. For more information contact: Claudia Nichols Cunningham at claudia@cfaac.org or 410-280-1102 Ext. 103.
COMMUNITY IMPACT
Herzberg-Wild Memorial Scholarship - Accepting Applications
The Lance Corporal Eric William Herzberg and Lance Corporal William Taylor Wild IV 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, these 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 2021 to graduating Anne Arundel County Public High School students. Completed applications must be submitted by April 2, 2021.
Officer Grant Turner Memorial Scholarship Fund - Accepting Applications
The Officer Grant Turner Memorial Scholarship Fund was established after Officer Grant Turner passed away to honor his love of baseball. The Fund hosts one of the largest preseason baseball tournaments in the state. Proceeds from the tournament are used to provide seven scholarships to students graduating from Anne Arundel County High Schools: Annapolis High School, Arundel High School, Chesapeake High School, Glen Burnie High School, Old Mill High School, Severna Park High School, and South River High School. In addition, scholarships are awarded to a dependent of the Maryland Transportation Authority Police Department and the Maryland Diamond/Anne Arundel County Umpires Association. Completed applications must be submitted by April 15, 2021.
Learn More & Apply - Officer Grant Turner Scholarship
STRENGTHENING NONPROFITS
Community Crisis Response Fund Grant Application
As we enter 2021, the COVID-19 pandemic continues. To remain stable and strong, nonprofits are shifting from a mindset of crisis response to resilience and recovery. While the priority giving areas covered by this grant have been expanded, requests for funding must directly relate to increased needs as a result of the COVID-19 pandemic.
For this phase of grantmaking, grants will be awarded to nonprofit organizations that provide human services and emergency assistance, as well as health/mental health and educational resources. Examples include (but are not limited to) food, shelter, transportation, living expenses, and rent/utility assistance. Also included will be funding for advocacy and/or community organizing projects focused on improving systems for food security, violence prevention, medical care access (including, but not limited to, transportation to and from vaccination sites), childcare, and education.
CFAAC will award grants between $2,500 and $20,000. Now accepting grant applications through March 12, 2021 at 11:59 p.m. Note: the application does require a narrative description, and program and operating budgets.
Learn More & Apply - Community Crisis Response Fund
Fund for Anne Arundel Grant Application
In 2021, the Fund for Anne Arundel will make grants to programs that prioritize the health of 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. Now accepting grant applications through April 15, 2021 at 11:59 p.m.
Learn More & Apply - Fund For Anne Arundel
Chaney Enterprises Foundation Fund Grant Application
The 2021 Chaney Enterprises Foundation Fund grant application timeline is as follows:
Cycle 1 – grant applications open from February 1 through March 30; awards made in May. PLEASE NOTE: This cycle is open to nonprofits located and serving populations primarily outside of Anne Arundel County.
Cycle 2 – grant applications open from July 1 through August 30; awards made in October.
Learn More & Apply - Chaney Enterprises Foundation Fund Grant
COMMUNITY GRANTS
Grants Available from Parole Rotary Club
The Rotary Club of Parole (Annapolis) Foundation is receiving grant applicants from now until March 19, 2021 for nonprofit organizations in Anne Arundel County that serve the needs of children in the areas of education, health, and the arts.
To apply for a grant visit www.parole-rotary.org. Grant application forms and guidelines are found by clicking on Foundation-Grants-Info.
COMMUNITY EVENTS
AAWGT: Annual Women & Leadership Event: Women Leaders Fostering Change
Anne Arundel Women Giving Together (AAWGT) invites the community to join them for a stimulating virtual panel discussion with three extraordinary women – Linda Gooden, Rear Admiral (Ret.) Margaret Kibben, and Dr. Monica Brown Jones – on March 10th at 6:00 p.m. Bring your thoughts and questions for a lively discussion on making positive change and supporting rising female leaders. This event is free and open to the public. Learn more and register here.
AACPL Virtual Funding Information Network Workshops
Anne Arundel County Public Library (AACPL) has restarted their Funding Information Network workshops as virtual events:
The Foundation Directory Online (FDO) Essential by Candid is also available with remote access through AACPL. FDO is a fundraising database that gives grant seekers access to the largest amount of clean and coded philanthropic data that currently exists. Designed to make fundraising quick and efficient, FDO combines exhaustive data with intuitive search functionality and informative data visualizations. Learn more at www.aacpl.net/grants.
NEWS FOR PROFESSIONAL ADVISORS
Selecting a vehicle to celebrate and support a family's culture of philanthropy
For many donors, the importance of a multi-generational family philanthropy plan is high on the radar, especially in the wake of 2020’s eye-opening events highlighting the importance of rallying around important social and community priorities.
How do you know when a client’s family is a strong candidate for more formal philanthropic planning, beyond simply budgeting for annual gifts to charity? Learn about examples of comments you may hear from families who may be excellent candidates to work with CFAAC alongside you as their key advisor. Read more...
Valuable Tax Tips: Qualified Appraisals and 2020 Tax Changes
It’s that time of year and here are our favorite tax tips to navigate the 2020 tax year:
1. See the opinion in Sells v. Commissioner of Internal Revenue about the importance of obtaining a qualified appraisal for transactions in order to secure a charitable deduction, read more...
2. If you’re having trouble keeping up with changes to the tax laws, you aren’t alone. See our recommend guides for helpful summaries of the changes effective for tax year 2020, read more...
3. Are holiday parties, outings to restaurants and bars, car shows, and other social gatherings qualified under the Internal Revenue Service’s definition of “charitable and educational?" Read more...
Unlocking the power of clients' real estate: Is the bargain sale a must-have in your charitable planning toolkit?
Whether a nonprofit’s mission calls for office space, warehouse facilities, or something in between, most charitable enterprises need a physical location to serve their constituents. Unfortunately, nonprofit organizations are frequently left empty handed when they search for competitively-priced commercial property to house their operations.
Enter the charitable bargain sale, a giving vehicle that allows a donor to facilitate the transfer of much-needed real estate to a favorite charity at a price the charity can afford, while at the same time earning the donor a tax deduction. Read more...