Newsletter
SECURE Act Creates Increased Opportunities for Savings and Charitable Giving
Also Modifies IRA “Stretch” Rules and Creates New Estate Planning Challenges By Mike Sitrick, DuPage Foundation In December, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was among several pieces of legislation signed into law as part of a congressional appropriations bill. The Act seeks to improve our current retirement savings policy…
Read MoreCommunity Foundation Provides Legitimacy, Credibility to Project
On November 14, 2019, Corin Chapman, Co-Chair of the Harmony Park, spoke at Illinois Prairie Community Foundation’s annual Celebrating Local Philanthropy luncheon about how IPCF helped the project come to completion. She is shown above with her husband Todd Chapman and event emcee Dan Irvin “For those of you who may be unfamiliar with the…
Read MoreCharities See Challenges, Opportunities In New Tax Laws
Reprinted with permission from WGLT By Eric Stock, WGLT Reporter; Photos by Eric Stock Human service organizations, colleges and universities and other institutions are having to rely more on charitable giving due to uncertain state and federal funding in recent years. That increasingly essential revenue stream has become complicated by new tax rules that remove some…
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