Getting ready for some holiday travel? Add one more item to your “to do” list this week — getting your child’s car safety seat inspected for proper installation and use.
Coastal Georgia Partners in Philanthropy (CGaPIP) brings together grantmakers who care about and invest in the communities along Georgia’s Coast and those with strong economic linkages to those communities. Broadly speaking, the footprint includes the counties of Camden, Glynn and McIntosh, along with Brantley, Charlton, Wayne and Appling.
The mission of CGaPIP is to support and promote effective philanthropy, through education, best practices and strong partnerships, with the goal of improving quality of life and economic well-being across the region. Using the groups’ collective grantmaking interests, skills and leverage, the Partners seek to:
- build capacity within and encourage collaboration among the non-profit service agency sector;
- educate funders and the broader community about specific issues of concern and/or opportunity (e.g., at-risk youth, aging services,
- workforce development, history and heritage tourism, economic development, natural resource conservation, child welfare, etc.);
- encourage synergies from which emerge voluntary, collaborative funding partnerships; and
- promote events and the sharing of successes and challenges which strengthen and enhance the capabilities of individual grant makers and foundations; and
- stimulate philanthropy across the region.
Supported by the Communities of Coastal Georgia Foundation, CGaPIP is governed by an executive council representing the key grantmaking sectors in the region:
- family foundations
- donor-advised fundholders of community foundations
- business foundations
- independent, faith-based or other sector-specific foundations
- organized corporate or community giving programs
The executive council meets quarterly to consider issues for focus and educational needs and to establish program agendas. Partners in Philanthropy programs are conducted semi-annually, and all interested partners are invited. Programs showcase issues, innovations and ideas for philanthropy and community improvement. These are “no solicitation” events. The executive council provides follow-on leadership to initiatives which have resonance for the Partners and are expected to provide tangible results for the communities.
If you would like to participate with Coastal Georgia Partners in Philanthropy please email us: info@coastalgeorgiafoundation.org.
MEMBERSHIP OF THE EXECUTIVE COUNCIL
A. D. “Pete” Correll, Chairman, The Correll Family Foundation
Chair of the Executive Council
Jeanne Manning, The Kaufmann Fund
Communities of Coastal Georgia Foundation
Vice-Chair of the Executive Council
Bill Jones III, Chairman, The Broadfield Foundation
Chair-Emeritus, Communities of Coastal Georgia Foundation
Martin J. Miller, Miller Family Fund
Communities of Coastal Georgia Foundation
Jeff Barker, President
St. Marys United Methodist Church Foundation
David Weitnauer, President
The R. Howard Dobbs Foundation
Paul White, President & CEO
Communities of Coastal Georgia Foundation
Council Liaison
Endowed funds are made up of gifts and bequests that are subject to a requirement that the principal be maintained intact in perpetuity and invested to create a source of continuous income. Donors may set up an endowment to fund a specific interest or program.
The power of an endowment is in its continuity. Your gift is preserved in perpetuity, with the funds pooled for maximum benefit and invested to achieve long-term capital growth. Endowed gifts become a part of The Community Foundation’s permanent endowment, meaning they will benefit our community forever!
Currently the Foundation has the following endowed funds:
Coastal Community Endowment – This fund supports a broad range of identified community needs in the annual grant cycle. It is funded through individual gifts and through a 1% contribution from gifts to Donor Advised Funds.
Early Childhood Literacy Endowment - Recognizing that literacy is simply the very best investment in a community’s quality of life and economic development that one can make, this fund supports efforts in Coastal Georgia to ensure that children are ready to read and ready to succeed when they enter kindergarten. Grants will be made for programs that foster and encourage early education and literacy efforts for those from birth through age five.
Hospice of the Golden Isles Endowment Fund - This fund will assist the agency in providing uncompensated care for seriously ill patients and will help ensure expert, compassionate care for patients and their families in the southeast Georgia community.
The Mildred Huie/Mildred Huie Wilcox Endowment for the Arts and Culture – This fund supports quality visual, musical and performing arts and cultural and historical programming.
Coastal Counseling Center Endowed Fund - This designated fund supports Coastal Counseling Center in Camden county with the mission to promote hope, help and healing through counseling in a professional, community-based caring environment for persons who are unable to afford mental health counseling.
Raymond & Elizabeth Baumel and Abernathy Fund for Animal Welfare – This fund supports the care and sheltering of stray and unwanted dogs in Glynn county.
Derlie Bland Rectanus & Vice Admiral Earl Rectanus Children’s Reading Room & Garden Fund – This fund provides for the needs of the Derlie Bland children’s room and adjoining garden at the Appling County Public Library.
The Halsey Family Scholarship Fund – The fund supports graduating seniors from Camden County High School who are attending a regionally accredited college or university with plans to complete an undergraduate degree in the biological or physical sciences.
Christ Church Frederica ECW Scholarship Fund - The fund supports female students of the Episcopal faith from Glynn or McIntosh County.
Read: Power of Endowment
This is the Foundation’s most flexible and popular fund allowing donors to establish their own named grantmaking fund and make grant recommendations to a broad range of charities, without the administrative burden. Essentially, a DAF looks and feels like your own professionally staffed private foundation, but with better tax benefits, greater flexibility, fewer expenses, and without the worries of accounting and investment management. With a minimum of a $10,000 to establish a Donor Advised Fund, or $50,000 to establish an endowed advised fund (permanent) - donors and their children, if desired, advise or recommend grants from their fund to create a lasting, impactful philanthropic legacy.
Some Common Uses:
Breaking up stock: Using appreciated stock for charitable donations to multiple organizations can be challenging because of the time involved in breaking up the stock. Instead, you can donate the entire block of stock to a donor-advised fund in a single transaction. The Coastal Georgia Foundation then sells the stock (and, because CCGF is a charitable organization, the transaction is not subject to capital gains tax) and the total value of the stock is credited to your donor-advised fund. You can then easily recommend grants from your fund to however many organizations you wish, and CCGF will take care of all the administration of those donations.
Windfall: When a person receives a windfall, like an inheritance or a large salary bonus, donating a portion of the windfall to charity can help offset taxes. But what if the amount you want to donate is beyond the level of your usual charitable giving? You might need time to plan which charities you want to benefit, and how much each should receive, and when. Through a donor-advised fund, you can “buy time” to do this at a pace that is of your choosing.
Foundation payout: Occasionally, a family foundation might need to make an additional distribution at the end of the year to fulfill its 5% required annual payout. A donor-advised fund can provide a way in which the family foundation can make a qualified distribution, because a donor-advised fund is part of CCGF, a charitable organization. The family foundation trustees can later consider what grants to recommend from their donor-advised fund, either supplementing their existing giving program, or branching out in a new direction.
Benefits:
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Immediate tax deduction at the time gift is made, while grants can be recommended over time and years;
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Only one charitable gift receipt to track; no paperwork to track
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Quarterly statements with detailed information; Gift can be made anonymously; Investment and growth of assets is possible for larger funds;
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May include others, such as children as advisors to the fund; Ability to tap into the knowledge and expertise of the foundation staff on nonprofits and the challenges in the community;
- Donors may recommend grant distributions at any time throughout the United States Donor Advised Funds link individuals, families and businesses to community needs, allow donors to recommend grants that support specific nonprofit organizations they wish to support and provide many benefits over a private foundation.
If you'd like more information on how a donor advised fund could work for you, please contact your professional advisor or consider us a resource: 912-268-4442.
The Foundation celebrated a milestone in October with its first meeting in Camden County.
Coastal Georgia Partners in Philanthropy held its first regional meeting on October 2nd, at the Linda S. Pinson Conference Center at the Southeast Georgia Health System.
The Professional Advisors and Estate Planning Steering Committee of the Foundation convened its second social and educational gathering on October 1st, at the A. W. Jones Center at the Coastal Georgia Historical Society.
It's all in the genes. With her family lineage, Martha Brumley Ellis had little choice - she was going to be a community leader and giver.
“Toxic Charity” Author Challenges Annual Event Audience
“Give once and you create appreciation; twice you create anticipation; three times – expectation; four times – entitlement; five times – dependency.”
With a gentle tone and humor, but a strong conviction honed through over four decades’ grass roots development work in inner city Atlanta, Bob Lupton argued in front of an audience of some 80 founders, fund holders and community friends at the March annual event that much harm is done by misdirected but well-intentioned charity.