Endowments – Creating a Better Future
One of the key hallmarks of endowments is the ability to create an invested fund to provide financial stability lasting well beyond a lifetime. As the National Council on Nonprofits notes, endowments are commonly used by large institutions such as universities and hospitals. While large institutions use endowments to preserve their donations for generations to […]
QCD Rules
What a Donor Needs to Know With more than $18 Trillion in IRAs, there is an incredible opportunity to support the charities important to you while also reducing your tax liability. A Qualified Charitable Distribution (QCD) currently allows those who are 70-1/2 years or older to donate up to $111,000 annually from their IRA. Almost […]
Scholarships: Your Impact in Changing Lives
Few philanthropic endeavors have a more immediate impact on both the present and future life of a young person in the community than a scholarship. How These Scholarships Work At Moline Regional Community Foundation, we’re thrilled to provide students with an incredible opportunity to further their education! One strength of community foundations is the ability […]
Tax Season Reflection
It’s always a good idea to take time after tax season has settled to reflect upon your giving in the future. It’s not merely about the tax implications, of course, it’s about how you can most effectively make an impact in the community you love. Where do I start? One place to start is our […]
The Impact of Your Giving in Action in 2025
Every year, hundreds of Moline Regional Community Foundation (MRCF) donors support our local nonprofits. This collective impact is always awe inspiring, and 2025 was no exception. Your generosity in the community you love is truly amazing. Keep reading to discover just a few of the highlights from your giving in action in 2025. New Partners […]
Bunching Donations: A Tax Strategy For Your Giving In Action
You may have seen news reports about how new tax law changes affect charitable donations. You may also be wondering how those tax laws will affect your giving to support the community you love? What is Bunching? Bunching is a tax strategy which allows people and businesses to group future years’ contributions into a single […]
Why Do People Give to Community Foundations?
You Give Because You Love Your Community A Community Foundation offers donors the opportunity to join other like-minded individuals and contribute to a variety of endowment funds. Depending on your interest, there are numerous funds focused on addressing our area’s greatest needs. Grants are then allocated to local nonprofits to benefit our community now and […]
What Fund is Right for You?
When deciding to establish an endowment at the Moline Regional Community Foundation, you have many options. Types of Funds Donor Advised Funds are a convenient and flexible way to give. You make a tax-deductible gift now, and in the future, you can recommend grants while your money is invested and growing. When you have […]