"You cannot shake hands with a clenched fist.”
Indira Gandhi, first female Prime Minister of India
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WIP Fall Luncheon Recap
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Kudos to Events Chair Rosalie Van Dam and our WIP Liaison Lisa Hodge as we enjoyed and celebrated another successful Women in Philanthropy Fall Luncheon at the Country Club of Hilton Head!
The vibrant centerpieces of sunflowers at each table reflected the joyful feeling amongst members and their guests. WIP Chair Lesley Gilbert welcomed everyone and invited the Reverend Denise Trogdon to offer a blessing. After enjoying a delicious lunch topped by an amazing bread pudding, Lesley introduced guest speaker Dr. Frank Rodriquez, Beaufort County Superintendent of Schools. His remarks presented a recap of the obstacles and challenges of maintaining the integrity of education and daily living for students during the COVID-19 pandemic. He also provided interesting statistics and forward-thinking ideas for the future of our Beaufort County students.
We also heard from Grants Chair Mary-Stuart Alderman, who officially announced the Grant Theme for 2023 "Strengthening Mental Health Services for Children and Young Adults through Age 21." Membership Co-chair Kaye Black shared continuing outreach opportunities to new and prospective members, and Education Chair Carole Galli spoke to education events Women in Philanthropy continue to host, confirming WIP's commitment to the Lowcountry community.
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Lean Ensemble - The Taming Review |
The house was sold out for the Lean Ensemble’s matinee performance of THE TAMING on October 23. WIP had a small representation and a few men were sprinkled among the predominately female audience who had come to see a play written by a woman, about women in politics and performed by three women. Even the stagehands and techs were women. Brava, bravissima!
Judging from the audience’s response, I think most people felt the way I did: a bit confused and lukewarm to the production. Granted there were a few good laugh lines, but only a few, and the author did take jabs at both political parties and many other American institutions. I felt the author tried to pack too much into 90 minutes. But I’m not a theatre critic. Just a woman who knows what she likes when she sees it.
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Upcoming Grants in Action Event |
Join us Thursday, November 17 at 9:30 am for a Grants in Action Tour of the Children’s Center. We will meet at the Children’s Center located at 8 Nature’s Way, Hilton Head Island.
The Children's Center has been a WIP grant recipient several times. Director Jody Levitt will provide an overview of the Center’s mission, operations, and programs. This outing gives us an opportunity to see our funds in action as we will see students and staff interacting in their daily activities.
Attendance is limited to 20 so RSVP quickly to this invitation.
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The Grants Committee will be informing appropriate Beaufort County nonprofits of the 2023 Grants theme on Friday, November 4, 2022. Applications will be due in mid-January.
Grants will be awarded in the range of up to $25,000 which address the theme “Strengthening Mental Health Services for Children and Young Adults through Age 21.”
If you know of a specific nonprofit that serves Beaufort County residents whom you want to confirm will be receiving an invitation to submit a grant application, please send appropriate contact information to Grants Chair Mary-Stuart Alderman at msalderman@me.com.
Grant applications must be submitted to the Community Foundation of the Lowcountry by 4:00 pm on Friday, January 13, 2023, and all applications are to be submitted online through the Community Foundation’s website.
Project grants will be awarded in May 2023 and the project must be completed no later than April 30, 2024, when a final report is due.
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As you consider your charitable giving we certainly hope that Women in Philanthropy continues to be on your list! Here are some ideas to help you with your financial and tax implications.
Cash – This is the simplest form of charitable giving as your tax deduction is equal to the amount donated. This includes cash, check, or credit card. When using your credit card, please be aware that we incur a fee that reduces the amount we have available for operating expenses. We do not reduce the amount available for grants.
Long-Term Appreciated Securities – This is a tax-efficient way of giving 1) since you are not the one selling, there are no capital gains taxes and 2) if purchased over 12 months ago at lower that the current value, your tax deduction is equal to the fair market value at the time of the transfer.
Qualified Charitable Distributions (QCD) – An IRA distribution directly to a 501(c)(3) is not reported as taxable income; therefore, the donor pays no income tax on amount donated. Regular IRAs have Required Minimum Distributions (RMD) after age 72. In both these options, check with professionals concerning dollar limits and your personal RMD for any given year.
Donor Advised Fund (DAF) – A DAF is a type of charitable giving where you 1) donate a non-refundable amount to a nonprofit organization e.g., the Community Foundation of the Lowcountry, 2) receive an immediate tax benefit, 3) benefit from growth on a tax-free basis, and 4) use this fund to support IRS-qualified charities, e.g., Women in Philanthropy.
Do not rely on these options without a discussion with your financial advisor, accountant, or estate planning professional.
All the best as you do your year-end giving planning!
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WIP Book Donation - Deep Well Santa Shop |
In celebration of the Season of Giving and Sharing, Women in Philanthropy members are encouraged to donate NEW books for Deep Well Project’s annual Santa Shop.
Thanks to generous donations from our island neighbors, parents in need can register for “in person shopping” to select toys and bikes for their children ages 0-12 at no cost to their families. This will be especially important this year, as inflation has adversely affected so many young families.
The Deep Well facility on Capital Drive will be converted into the Santa Shop beginning the week after Thanksgiving and open for shopping December 9-15. Parents will receive 1-2 new age-appropriate books for each of their children, depending on availability. That’s where WIP can help! Please purchase new books appropriate for ages 0-12 to stock Santa's bookshelves. Books are needed by December 8 but can be accepted through December 13. If you are in a Book Club, whose members want to donate books, please share this information with them.
A book collection bin will be available at the Community Foundation of the Lowcountry and at the home of Mary-Stuart Alderman, Grants Committee Chair, 67 Dolphin Head Drive in HHP. If you need a gate pass to HHP, please call Mary-Stuart at 843-422-3603.
Remember, we will be collecting books at the WIP Holiday Party at Cindy Smith’s home.
THANK YOU for your generosity in providing books for our island neighbors in need!
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Please remember Women in Philanthropy when you update your wills and estate planning documents. |
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Women in Philanthropy is a Fund of
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