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Hidden no more: Designated funds and field-of-interest funds

Posted on March 28, 2023March 28, 2023 by Jessie Gunn

Most attorneys, accountants, and financial advisors are well-aware of donor-advised funds and the reasons behind their popularity. Especially when a donor-advised fund is established at Whidbey Community Foundation, this vehicle is an excellent way for your clients to organize their charitable giving and get even more connected to the causes they care about. 

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WCF Welcomes Two New Board Members

Posted on March 27, 2023March 27, 2023 by Maureen Rice

Whidbey Community Foundation is excited to welcome Jason Joiner and Jeff Natter to our Board of Directors. Jason is based in Central Whidbey and is a VP of Commercial Banking at People’s Bank; he also serves on the boards of Habitat for Humanity and the Oak Harbor Rotary Club. Jeff is based in South Whidbey; he most recently served as the Executive Director of Pacific Hospital Preservation and Development Authority in Seattle before retirement, and also serves on the curriculum committee of Leadership Whidbey and on the board of OutRight International. Welcome Jason and Jeff!

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Giving a business to charity: Stack the odds in your client’s favor

Posted on March 1, 2023March 28, 2023 by Jessie Gunn

Despite recent reports of a 55% decline in charitable giving by the top 50 U.S. donors in 2022, high profile giving by donors associated with well-known businesses has maintained its place in the limelight, even amid recent market volatility and tenacious concerns about inflation and interest rates. Recent examples abound, including last year’s gift of Patagonia by founder Yvon Chouinard; the well-reported generosity of philanthropists Melinda French Gates and MacKenzie Scott; and the portion of the proceeds, potentially worth $5 billion, from the eventual sale of Subway restaurants that are set to flow to a charitable foundation.

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