This is the perfect time to review your giving strategy since decisions made by December 31 can have a significant impact on your tax liability. Spending a few minutes thinking about both your charitable AND financial goals can give you an advantage in both. Here are ten ideas to help you think about year-end giving. 

10. Start Now!

There are many ways to give and you’ll want to consider which giving strategy provides the philanthropic and financial benefits that fit you best. We are happy to talk with you and/or your professional advisors (attorney, CPA, investment manager) to make the process seamless.

9. Donor Advised Funds

Donor Advised Funds (DAFS) are often the best way to both simplify your giving and amplify your tax benefit, and can be opened with a minimum of $10,000. 

8. Use Appreciated Securities

You can establish/add to any fund using cash, of course—but if you give shares of appreciated public stock or bonds that you’ve had more than a year, you will gain a tax advantage. Instead of triggering the capital gains tax, you will receive a charitable deduction based on the asset’s fair market value today, up to 30% of your adjusted gross income. You can carry the deduction forward for up to an additional five years.

7. Put Your Non-Cash Assets to Work

Do you have appreciated stock, mutual funds, private company or restricted stock, retirement assets or certain tangible personal property? Often, we can use these non-cash assets to fund your charitable giving. The key is to start now; these transactions can take longer to convert.

6. Take Advantage of the Charitable IRA Rollover

If you’re 70½ or older, you can put your Required Minimum Distribution (RMD) to work for you! You can donate up to $100,000 of your RMD to a nonprofit organization, including the Coastal Georgia Foundation. Think about establishing or adding to your fund here, or take the opportunity to support our work by making a gift to our Community Impact Fund or our Coastal Georgia Foundation Endowment Fund. Please note: RMDs are not able to be deposited into Donor Advised Funds.

5. Give the Gift of a Designated Agency Endowment Fund

There are many worthy nonprofits that struggle with resources. By establishing a Designated Agency Endowment in their name, you can be assured that Coastal Georgia Foundation will steward a specific portion of your fund assets to your named agency, along with your instructions, each year in perpetuity.

4. Start a Field of Interest Fund or an Unrestricted Fund

If you’re interested in improving Glynn, Camden or McIntosh counties, but are uncertain about which specific nonprofits to recommend, consider a Field of Interest Fund or an Unrestricted Fund. Both put the Foundation’s knowledgeable staff in charge of decision-making, either from your stated area of interest or using their discretion regarding the greatest needs/opportunities.

3. Update Your Beneficiaries

You can update the beneficiaries on your bank accounts, retirement accounts or insurance policies at any time, but it’s a good idea to review them at least annually. If you choose to, you can use this opportunity to add the Coastal Georgia Foundation or any nonprofit as a beneficiary—it’s the simplest way to leave a planned gift.

2. Think About Estate Planning

As we near the end of another year, it’s often a time of reflection about the arc of our lives. It may be a good time to think about your charitable legacy and talk to your professional advisor about your estate plans. Charitable gifts will be excluded from your taxable estate, and we can work with you and/or your professional advisors to identify what charitable vehicles might be appropriate.

1. Talk with Your Family About Your Philanthropic Values

As Andy Williams sang, “…when loved ones are near, it’s the most wonderful time of the year.” It may also be the perfect time to articulate what you value in your charitable giving. Your loved ones may know that you give generously and to whom, but they may not know why. Enlighten them! If charitable giving is important to you, share your motivation with your family members and also the fulfillment that your gifts bring. 

The Communities of Coastal Georgia Foundation (CCGF) is pleased to announce its 2019 Community Impact Fund grant cycle. The application period begins January 2 and proposals are due by February 28. Awards will be announced in early June.

The Foundation will continue to focus on agencies working with at-risk youth and demonstrating measurable results. In addition, this year the Foundation will expand its focus, taking into consideration that the success of young people is connected in-part to the success of their caregivers. Using a two-generational approach, the CCGF will also consider proposals from agencies that support the parents, guardians and caregivers of at-risk youth.  

“Our Board has decided to expand our focus this year in an effort to provide a continuum of services to families in need,” says Paul White, President and CEO of the Communities of Coastal Georgia Foundation. “By working with agencies that serve caregivers and children, we work to break the cycle of poverty, one family at a time.” 

The Foundation will accept proposals for up to $5,000 from agencies with:

1) Programs serving at-risk youth and which specifically address one of these areas: Early Childhood Literacy and/or Quality-Rated Child Care; Teen pregnancy and births to unwed young mothers; Juvenile Crime and Gang Activity; High School Graduation and Workforce Readiness; Youth Development and Innovative Education Strategies; or Risk Reduction, including child protective, substance abuse, and/or mental health services.

2) Services that concentrate on parenting, job skills and financial security for adults.

With any questions about the Community Impact Fund, the process for applications, or the Foundation, please call Ellen Post, Grants and Operations Manager: 912-268-4442 or email .

Click HERE to apply beginning January 2. 

RISING SEA LEVEL PREDICTIONS: WHAT THEY MIGHT MEAN FOR GLYNN COUNTY
January 22, 2019
8:30 – 11:00 am
College of Coastal Georgia 

RSVP NOW

Join community stakeholders for an information session on sea level rise predictions in Glynn County and ways our community can prepare and adapt. The event will be held on Tuesday, January 22, 2019 in the Southeast Georgia Conference Center's Terrill Thomas Auditorium at the College of Coastal Georgia. 

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Experts from the Georgia Institute of Technology, University of Georgia, and the National Park Service, alongside the Brunswick-Glynn County Joint Water and Sewer Commission, Georgia Department of Natural Resources and United Community Bank will deliver information and reports tailored to Glynn County. The emphasis of all presenters will be on the meaningful steps individuals, businesses and governmental entities can take to plan for the risks and the effects of rising seas in the near, middle and long-term future.

The event will be hosted by the Communities of Coastal Georgia Foundation, the Brunswick-Golden Isles Chamber of Commerce and the College of Coastal Georgia, and will feature the following presenters and moderators:

Presenters (see below for bios)
Rebecca Beavers, Ph.D., Coastal Geology and Adaptation Coordinator, National Park Service
Kim Cobb, Ph.D., Professor and Director, Global Change Program, Georgia Institute of Technology
Jill Gambill, Public Service Faculty and Coastal Resilience Specialist, Marine Extension and Georgia Sea Grant, University of Georgia
Jimmy Junkin, Executive Director, Brunswick-Glynn County Joint Water and Sewer Commission
Jennifer Kline, Coastal Hazards Specialist, Coastal Resources Division, Georgia Department of Natural Resources
Mason Waters, Regional President, United Community Bank

Moderators
Scott McQuade, CEO, Convention and Visitors Bureau
Paul White, President and CEO, Communities of Coastal Georgia Foundation 

“We feel it is critically important for the Coastal Georgia Foundation to take a leadership role on the issues that impact our entire community and its ability to thrive,” says Paul White, President and CEO of the Communities of Coastal Georgia Foundation. “Sea level rise and readiness touches anyone that has an invested interest in Glynn County’s being a great place to live and work. We are excited to convene the community and start an important discussion around this critical topic.”

“We are pleased to co-host this informative and in-depth discussion on the issues and predictions related to a rising sea level,” states Brunswick-Golden Isles Chamber of Commerce Chairman Jeff Bennett, “and I encourage the residents of Brunswick and Glynn County to come and hear this important presentation."

The event is free and open to the public. Space is limited. Please RSVP at 912-268-2561 or .

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Presenter Bios

Rebecca Beavers, Ph.D., Coastal Geology and Adaptation Coordinator, National Park Service
Since 2000, Rebecca Beavers has served as coastal geology and coastal adaptation coordinator for the National Park Service, where she is the point of contact for sea level change, coastal adaptation to climate change, and coastal geomorphology related issues. Rebecca coordinates coastal adaptation efforts underway at the park level and with Department of Interior (DOI) initiatives. Rebecca worked as a geologist and oceanographer in a variety of upland and submerged coastal areas with the U.S. Geological Survey and U.S. Army Corps of Engineers. Rebecca has a Ph.D. in Geology from Duke University and a B.A. in Biology and Geology from Williams College.

Kim Cobb, Ph.D., Professor and Director, Global Change Program, Georgia Institute of Technology
Kim Cobb’s research uses corals and cave stalagmites to probe the mechanisms of past, present, and future climate change. She received her B.A. from Yale University in 1996, and her Ph.D. in Oceanography from the Scripps Institute of Oceanography in 2002. She spent two years at Caltech in the Department of Geological and Planetary Sciences before joining the faculty at Georgia Tech in 2004. Kim has sailed on multiple oceanographic cruises to the deep tropics and led caving expeditions to the rainforests of Borneo in support of her research. Kim has received numerous awards for her research, most notably a Presidential Early Career Award for Scientists and Engineers.

Jill Gambill, Public Service Faculty and Coastal Resilience Specialist, Marine Extension and Georgia Sea Grant, University of Georgia
Jill Gambill is co-author of Georgia’s first and second municipal sea level rise plans, which were unanimously adopted by the City Councils of Tybee Island in 2016 and St. Marys in 2017. She has earned national recognition for her work with communities throughout the Southeast in preparing, responding and adapting to sea level rise and storm surge. She received her B.A. in Philosophy from Cardiff University, Wales, and M.A. in Peace and Conflict Studies from the University of Sydney, Australia. She is currently completing her Ph.D. in Integrative Conservation and Geography at the University of Georgia.

Jimmy Junkin, Executive Director, Brunswick-Glynn County Joint Water and Sewer Commission
Jimmy Junkin received his Bachelors of Science in Chemical Engineering and Masters in Business Administration from the University of Alabama. He worked in various process, environmental, water-wastewater treatment and management positions including time at Dow Chemical, Chemical Waste Management, and most recently served as the Director of the Tuscaloosa Water and Sewer Department.

Jennifer Kline, Coastal Hazards Specialist, Coastal Resources Division, Georgia Department of Natural Resources
Jennifer Kline is a Specialist for the Georgia Coastal Management Program, which represents 11 coastal counties. She is leading the state and Coastal Georgia in Disaster Recovery and Redevelopment Planning making Georgia the first state to have a completely resilient coast based on FEMA’s National Disaster Recovery Framework by the year 2020. Before joining the Coastal Resources Division, Ms. Kline worked for the Department’s Environmental Protection Division as an Industrial Compliance Specialist. Ms. Kline graduated from Valdosta State University with degrees in Environmental Geography and Geology.

Mason Waters, Regional President, United Community Bank
Mason Waters, a Glynn County native, has nearly 25 years of experience in the financial services industry and since 2014, has served as President of United Community Bank in Brunswick, overseeing all bank activity in the area, which includes retail branches in Savannah, Brunswick, St. Simons, Bluffton and Waycross and a loan production office in Macon, Ga. He is a graduate of the University of Georgia and the Graduate School of Banking at LSU. He is also a graduate of Leadership Georgia and currently serves as Alumni Chair.

About the Communities of Coastal Georgia Foundation
The Communities of Coastal Georgia Foundation (CCGF) was incorporated in 2005, as a tax-exempt public charity created by and for the people of Glynn, McIntosh and Camden counties. The Foundation now has assets over $20 million and has awarded over $14 million in grants to community organizations in the three-county region and beyond. The Foundation serves ordinary citizens who have the extraordinary vision for a better life for their neighbors, friends, families, and fellow coastal Georgians - today and for future generations. The Foundation seeks to be the region’s trusted source for thoughtful philanthropic counsel, sound financial management and strategic community investment. 

Donating appreciated stock (that you have held for more than a year) from your investment portfolio instead of cash is a great way to make a charitable gift to your donor-advised fund or the Communities of Coastal Georgia's operating endowment at year-end. 

This tax planning tool is derived from the general rule that the deduction for a donation of property to charity is equal to the fair market value of the donated property. Where the donated property is “gain” property, the donor does not have to recognize the gain on the donated property. These rules allow for the “doubling up,” so to speak, of tax benefits: a charitable deduction, plus avoiding tax on the appreciation in value of the donated property.

Example: Tim and Tina are twins. Each plans to donate $10,000 to their college. Each also owns $10,000 worth of stock in ABC, Inc. which he or she bought for just $2,000 several years ago.

Tim sells his stock and donates the $10,000 cash. He gets a $10,000 charitable deduction, but must report his $8,000 capital gain on the stock, and he pays tax on the $8,000 gain.

Tina donates the stock directly to the school. She gets the same $10,000 charitable deduction and avoids any tax on the capital gain. The school is just as happy to receive the stock, which it can immediately sell for its $10,000 value in any case.

Anna M. Hall has joined the Communities of Coastal Georgia Foundation (CCGF) as its director of communications and marketing. Anna has over 15 years of experience in nonprofit management, donor services and communications. She and her family have lived on St. Simons Island for six years. “We are thrilled to be adding new expertise to our staff,” said President and CEO Paul White. “Anna will dramatically increase the effectiveness of our messaging and she will help us better tell our story and the stories of both our grantees and fund holders as well as how the Foundation ‘solves problems’ on the Coast of Georgia.” The addition of this position, the third for the Foundation, was a strategic decision by the Board of Directors and will support CCGF’s goal to strengthen effective and meaningful philanthropy in Glynn, Camden and McIntosh counties.

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The Brunswick News July 12, 2018 by Lauren McDonald

The Episcopal Church Women of Christ Church Frederica recently awarded its first scholarship from the “Scholarship for Women Fund,” which has been years in the making and aims to support the educational endeavors of local young women.

2018 ECW Scholarship Maggie Holt

Maggie Holt, second from left, has been awarded the first scholarship from the Episcopal Church Women of Christ Church Frederica recently established “Scholarship for Women Fund.”

Maggie Holt, who will start her sophomore year at the University of Georgia this fall, has been awarded the fund’s first scholarship.  “We could not be more pleased to have Maggie Holt selected as our first recipient,” said Jane Watson, President of Episcopal Church Women, in a press release. “Few young women have demonstrated a greater commitment to their church and broader community while maintaining an impeccable academic record than has Maggie.”

Holt, a member of Christ Church Frederica, graduated from Frederica Academy in 2017. She’s a former member of the Pirates of the Spanish Main, a local service sorority for high school students, and served as president of her high school’s service council. She also volunteered with The Gathering Place’s youth ministry, as well as through her church.

“Perhaps the most impactful lesson I have taken away from my time in the Episcopal Church is how to serve and love one another,” Holt said in the release. Over the past 15 years, women at Christ Church have made donations to help establish the scholarship program for local female students. In partnership with the Communities of Coastal Georgia Foundation, the initiative provides a $2,500 scholarship to a female high school graduate pursuing a degree at an academic or technical college or university. The student must be Episcopalian and a resident of Glynn or McIntosh counties.

“This effort is a great example of how the Coastal Georgia Foundation can work with other organizations and individuals in our community to accomplish meaningful, impactful and, often, complicated objectives,” said Paul White, president and CEO of the Communities of Coastal Georgia Foundation. “I am so proud that we could be a part of the team that made this scholarship a reality, not just for this year, but in perpetuity.” Watson said Holt perfectly exemplifies the kind of young woman the Episcopal Church Women of Christ Church Frederica aimed to help through this initiative.“Maggie embodies precisely what we were hoping to accomplish through this effort,” she said.