Many families of children with disabilities require assistance to meet their children’s special needs. Founded in 2006 by Paul and Bridget Ready in memory of their son, Jack, Jack’s Helping Hand provides assistance to local children struggling with cancer, special needs, and disabilities in San Luis Obispo County up to the age of 21.
How do they do it? Jack’s Helping Hand fulfills requests for assistance with medical equipment, provides transportation, food and lodging for out-of-town appointments and procedures, and helps with medical bills when there are no other sources to cover these needs. Their team assists over 70 families each month locally, and when they travel for appointments, surgery, and chemotherapy outside of our county.
The Community Foundation San Luis Obispo County is grateful to support the work of Jack’s Helping Hand in the form of multiple grants. Various grants from our Foundation, the Alex Quaglino Family Fund, and Women’s Legacy Fund have successfully supported their Assistance Program enabling families to travel to specialty children’s hospitals for the best possible care, support the purchase of hearing aids, therapeutic braces, mobility devices, and supportive seating devices.
The Robert H. Janssen Foundation – a fund of The Community Foundation – has been a significant supporter of Camp Reach for the Stars, the no-cost summer camp for children dealing with cancer and their families. Located at Camp Yeager in Cambria, this family event is filled with activities, camping and plenty of opportunities for fun. The Camp aims to give all kids coping with cancer the chance to be kids—an experience often taken away or put on hold by the disease. It allows the children to shed the hefty “cancer patient” label yet be surrounded by others who understand similar experiences.
This month, their team is especially proud of Jaylin, who just finished a two- and half-year treatment for Acute Lymphoblastic Leukemia B. Providing the fuel, food, and lodging to alleviate that added financial burden on her parents has been our mission since meeting them in 2019. Being able to support her family for their treatments in Los Angeles has been a humbling experience for their team. Jaylin’s mother states it best:
“Jack’s Helping Hand has been such a blessing to our family. There are no words to describe how thankful we are to them. Driving 6 hours round trip to LA several times a month and having to stay overnight in hotels for treatment and procedures would have been impossible without their assistance. We are also so thankful to all the donors who give to Jack’s Helping Hand because of them Jaylin was able to go camp last year and was able to attend many fun events over the last couple of years.”
Jack’s Helping Hand has recently started building a universally accessible and inclusive park on 30 acres of generously donated land in Nipomo. The Jack Ready Imagination Park will be a place for children with disabilities to play with their families and peers. Current plans for the park include a large accessible playground, therapeutic riding facility, hardscape courts, playing fields, hiking trails, and barbeque and picnic areas.
Happy National Hispanic Heritage Month – a month-long celebration that recognizes the contributions and influence of Hispanic Americans to the history, culture, and achievements of the United States. With a population rich in Hispanic heritage, our county is full of diverse programs, collaboration, and organizations that not only better the lives of Hispanic Americans and their families, but positively impact all SLO County residents.
The Promotores Collaborative of San Luis Obispo County was established by the Center for Family Strengthening and works to build, foster, and support a network of promotores – a group of community leaders who serve as liaisons between their communities and health and social services providers.
Promotores are community-based and are made up of outreach members and volunteers who work to eliminate barriers between public and private organizations and underserved minority populations. They provide training, emotional support, and materials in order to empower a healthier community. They act as family educators, health or patient advocates, outreach workers, peer educators, and system navigators.
Their impactful work ripples across our community: agency partners and community organizations seek their bilingual and bicultural expertise to provide Mental Health Interpretation services, provide health outreach education at community events and food distribution sites, and help promote healthy family functioning. By working closely with their community partners, the Promotores Collaborative identifies resources needed to benefit San Luis Obispo County residents and complements (not duplicates) existing efforts of the County’s Health and Human Services Department.
“The Promotores have created a tremendous impact in their community. The Latinx community has expressed that they feel welcome at the Public Health Mobile Clinics, food bank distributions, and other local events where the Promotores participate,” says Erica Ruvalcaba-Heredia, Director of Programs. “Families have shared that when they see Promotores they know they can trust them, and they will always provide the right resources for them.”
Promotores are unique because they provide services in Spanish, Mixteco, and occasionally in English. They are culturally competent, they go into the community to do outreach, business, and residential canvassing, they support the mobile vaccine clinics and provide direct services to the Latinx community in San Luis Obispo County. They serve as community liaisons and go above and beyond by working weekends and after business hours in order to warmly connect Latinx neighbors to various community resources and agencies.
In spite of the Pandemic, the Promotores have continued with their leadership educating the Latinx community by providing culturally appropriate and translated (Spanish, Mixteco & English) information. The Promotores Collaborative have been recognized by the Public Health Department, the Behavioral Health Agency, First 5 SLO County, and SLO County Food Bank as essential workers in San Luis Obispo County.
This year, the Community Foundation continued our support of this inspirational program by awarding $20,000 in funding to the Promotores through the Women’s Legacy Fund. “We are very excited and grateful to The Community Foundation because we will be able to continue providing education and support to the Latinx community by providing financial literacy classes. Some of these topics include setting goals, saving and building savings, dealing with debt, understanding credit reports and scores, and others. Our aim is to provide the tools and information to help the community set and achieve goals; build skills in managing money, credit, and debt; and choose financial products that are right for them. Learning to use these tools will help them reduce the financial stress that they are dealing with, especially during these uncertain times.”
Moving forward, the Promotores aim to continue to build the Promotores Collaborative capacity in order to promote health-related resources and create new ways to involve Latinx neighbors in SLO County, specifically in rural and underserved communities.
Your estate plan is a powerful tool that can help you achieve many important goals. First and foremost, it allows you to provide for your loved ones when you’re no longer there. It can help you reduce probate fees, minimize your estate and inheritance taxes and plan how your affairs will be handled if you become incapacitated. It can also help you pass on something more: your values and beliefs.
For many people, this process—often called legacy planning—involves incorporating philanthropic goals into an estate plan. With a donor-advised fund (DAF), you have several ways of creating a lasting legacy. We will show you how a DAF can help ensure that your charitable work continues for future generations.
A DAF is a charitable giving vehicle that is popular for its ease of use. To establish a DAF, you complete an application and make an irrevocable, tax-deductible contribution to fund the new account.
This typically involves naming your DAF—possibly using a family name like the Jones Giving Fund or the Jones Family Foundation—and, in most cases, appointing family members or others to serve with you as joint, secondary, or successor advisors. There are no start-up costs other than your initial contribution.
When you contribute to a DAF, you are making an irrevocable gift to charity, but you and any other individuals you appoint will retain advisory privileges—which include the right to recommend investments within and charitable grants from the DAF. Contributions made during your lifetime, which may include cash, appreciated stock, real estate, or other complex assets, generally receive an immediate income tax deduction for up to the full fair market value of the gift.
Bequests to a DAF are eligible for an estate tax charitable deduction and may also reduce applicable state inheritance and estate taxes, which together could result in significant tax savings. You may also make your DAF the beneficiary of a life insurance policy, retirement plan or charitable remainder or lead trust.
For instance, if your DAF is the beneficiary of a charitable remainder trust, you will not be constrained by a limited number of charities identified in the trust document. Instead, the trust’s assets can ultimately go to any charity the advisors of the DAF recommend. This gives you and your heirs the flexibility to meet the world’s changing needs.
Multiple ways to build a charitable legacy
While your DAF can be funded after your lifetime, one benefit of a DAF is the ability to involve your loved ones in giving during your lifetime. You can appoint a spouse or partner as a joint advisor, and name your children as secondary advisors, so that you can make charitable decisions together as a family.
You can also ensure that future generations can continue a legacy of giving by appointing individual successors to the DAF. Some legacy options include (but are not limited to):
Naming a joint advisor to recommend investments and grants now and to assume responsibility of the DAF after your death
Naming one or more individual successors to manage their own DAF account funded with your DAF assets
Naming one or more charitable beneficiaries to receive all remaining DAF assets Establishing an endowment and recommending that assets be distributed over time in annual, recurring gifts to one or more charities
Creating a Legacy Plan involving any combination of the options described above
You can choose the plan that’s right for you now, with the option to change it later.
A DAF in action: The Hernandez Family Giving Fund
Rose and Frank Hernandez were both in their late 50s and in their peak earning years when they began to think deeply about their charitable legacy. They wanted to find a way to provide lasting support for several small organizations, including one that had helped Frank’s parents when they first immigrated to the U.S. These small organizations were only equipped to receive gifts of cash, which meant that Rose and Frank often sold securities, paid the income taxes on the gains and then made the gift using the cash proceeds. The couple also wanted to involve their daughters, who lived in different cities, in giving.
Rose and Frank decided to commit $50,000 to charitable giving in the current year, with an eye toward giving more in the future. Their advisor helped them consider two different strategies to achieve the goal:
GIVING TODAY: By setting up a DAF, Rose and Frank could serve as primary and joint advisors, and their daughters could work alongside them as secondary advisors and eventually as individual successors on the account. Rose and Frank also found that they could give more with a DAF, because it allowed them to give appreciated stock and save substantially on taxes. Their DAF offered Rose and Frank a seamless, tax-efficient way to donate stock which could then be liquidated for charitable grantmaking.
GIVING IN THEIR ESTATE: Although Rose and Frank’s net worth did not exceed the estate tax exemption amount, they had significant assets in traditional retirement accounts. These assets would be subject to income taxes if their daughters inherited them. Retirement assets left to charity, however, avoid estate and income taxation. This prompted Rose and Frank to make their DAF one of the beneficiaries of their retirement plan. Upon their death, the DAF would receive $150,000 of Individual Retirement Account assets, allowing the family to create a $100,000 endowed account to continue grantmaking to Rose and Frank’s favorite causes. At the same time, they could leave each daughter her own $25,000 DAF to continue supporting local organizations.
Advantages of starting your legacy today
Just as Rose and Frank did with their daughters in the example above, many families want to engage the next generation in their giving practice. A DAF can support your efforts to plan for your family’s future of giving, while allowing you to have a charitable impact today.
By establishing a DAF during your lifetime, you can:
Involve family members in managing the DAF alongside you as joint or secondary advisors, so that you can give together to the causes that are important to you as a family.
Appoint loved ones as individual successors and leave them a giving tool that requires no administrative work—the DAF sponsor oversees compliance, accounting, tax filing and other duties that the staff of a private foundation would otherwise have to do themselves.
Contribute appreciated assets to receive a deduction for the full fair-market value of the gift and avoid paying capital gains taxes on the asset’s built-in gains.
Save on income taxes. With the 2020 estate tax exemption at $11.58 million for individuals and $23.26 million for couples, fewer estates are subject to taxes than in the past. Opening a DAF now allows you to enjoy the benefits of a charitable income tax deduction, and ultimately to have more to give to your favorite causes.
Support your favorite causes now and beyond your lifetime. You can use a DAF to make present-day giving easy, with options for recurring grants and specialized grant agreements. By establishing a Legacy Plan for the DAF, you may also ensure that your favorite nonprofits will be supported even after your death as beneficiaries, either with a lump-sum gift or via annual grants until your DAF assets are depleted.
If you would like to discuss these or other options, please email our team at email@example.com or (805) 543-2323. CFSLOCO does not provide legal or tax advice. This brochure is for informational purposes only and is not intended to be, and shall not be relied upon as, legal or tax advice. The applicability of information contained herein may vary depending on individual circumstances.
We are now accepting applications for our 2022 grants cycle! Over $450,000 is available through our General Grants program for organizations serving the environment, arts, seniors, people with disabilities, and more. And for the first time, in order to further support stability and trust within SLO’s philanthropic sector, all General Grants will be unrestricted.
“Starting this year, 100% of the grants we are offering through our General Grants Program will be unrestricted, meaning these funds can be used however each recipient deems necessary,” said Heidi McPherson, CEO of the Community Foundation. “Challenging times require a new approach, and we believe that unrestricted funding gives our nonprofit partners the flexibility they need to succeed in today’s environment. ”
The primary goal of our 2022 General Grants Program is to provide funding for agencies and programs that directly address community needs while helping nonprofit organizations fulfill their mission. We will prioritize applications that support community well-being, resiliency, collaboration, and demonstrate cultural competency.
WHAT’S NEW THIS YEAR
To streamline funding efforts, nonprofit organizations can either submit new applications directly to The Community Foundation or submit a copy of an application that has been drafted to the County American Rescue Plan Act (ARPA).
“We hope that by accepting grants previously submitted to ARPA, our beloved nonprofit community can save time and money by eliminating duplicative grant writing,” says Cassandra Kartashov, Director of Grants & Programs at The Community Foundation. “The General Grants Program will also be supporting multi-year awards as we know how important it is for nonprofits to have funding stability.”
All grants offered by The Community Foundation’s General Grants program will not only be unrestricted but will also have a two-year funding term. The average grant awarded through the General Grants Program is anticipated to be $15,000. Funding will support the following interest areas:
Seniors and People with Disabilities
IMPACT OF GRANTS IN SLO COUNTY
Since its inception, our grants program has grown and pivoted to reflect the changing needs of SLO County. To ensure the greatest impact of funds, we leverage data and community members’ lived experiences to inform decision-making.
For example, Growing Together for LGBTQ+ Fund – a Field of Interest fund managed within The Community Foundation – developed its recommendations for grant distribution based on data analysis from multiple sources, subcommittee members’ independent research, lived experiences, and thorough discussion. In spring, over $19,000 was distributed to Planned Parenthood California Central Coast, SLO Children’s Museum, KCBX Radio, and Lumina Alliance based on these recommendations.
The Women’s Legacy Fund – another Field of Interest Fund managed by The Community Foundation – recently granted over $75,000 to the Center for Family Strengthening, People’s Self-Help Housing, and Boys & Girls Club Mid Central Coast: all of which are programs supporting women and girls.
The BUILD Grant and Opportunity to ThriveGrant are also grants available for this year but are separate from the General Grants cycle. The goal of the BUILD (Building Unity, Infrastructure, Leadership, and Development)Grant program is to provide capacity-building funding for agencies with an annual operating budget of less than $500,000. BUILD Grants support the following areas:
Staff or board training and development
Communications or donor development efforts
Capital equipment improvement (hardware, software, furniture, etc.)
Opportunity to Thrive supports organizations that offer direct assistance to individuals with a one-time emergency, focusing on empowering and strengthening individuals to overcome obstacles while embarking on the road to self-sufficiency.
We are hosting a Virtual Grant Informational Session which will be hosted on Friday, June 17, and will equip attendees with information on how to submit a successful application. To attend, please use thissign-up sheet.
Completed applications must be submitted online by August 15, 2022 at 5pm. Applicants will be notified of their award status later this fall. For further questions about the application process or if you are interested in evaluating grant applications, please contact Cassandra Kartashov at firstname.lastname@example.org.
We are excited to announce that $308,500 in scholarships has been awarded to dozens of students across San Luis Obispo County. Thanks to the support of our donors and leadership from our Board of Directors, 62 scholarships for the 2022-2023 school year were distributed in May of 2022.
For over 20 years, our Scholarship Program has enhanced access to education for students of all backgrounds and academic levels in San Luis Obispo County. The scholarships are as varied as their recipients and span a range of academic interests from nursing to agriculture to technology and beyond.
“Our scholarship program is a reflection of our values as a whole,” said Heidi McPherson, CEO of The Community Foundation SLO County. “We are grateful for the opportunity to collaborate with the donors that make these scholarships possible, and reward students of varying backgrounds and career paths with the financial support needed to pursue higher education.”
In years past, scholarships from The Community Foundation San Luis Obispo County have been used to support room and board fees, tuition, textbook costs, and other qualified education expenses. Unlike loans, these funds do not have to be repaid and cannot be treated as taxable income.
Some of these scholarships include The Riggs Family Scholarship, which was established to help graduating seniors from San Luis Obispo County high schools make a successful transition to a four-year university. The scholarship is open to graduating seniors from a San Luis Obispo County high school with a 2.8-3.8 GPA who demonstrate financial need. The John S. Renner Memorial Scholarship funds LGBTQ+ youth as they aspire to achieve their goals, especially in the fields of creative or performance arts. This scholarship is open to LGBTQIA+ students who are pursuing arts education at either a 2 or 4 year university.
The Yeagar Scholarship fund is a scholarship which provides support to for a graduating senior at Coast Union, Morro Bay or Paso Robles High School who is planning to pursue a degree, at a California public university, in physical or technical science (Physics, Geology, Math, Engineering, Chemistry, Computer sciences or Architecture). This year’s recipient of the $23,000 scholarships is Emiliano Pena Ramirez, who had this to say: “This county is filled with such talented students, and I feel so honored to be selected. My parents did not graduate from middle school and moved to the United States so that me and my siblings would have more opportunities. My parents always stressed the importance of hard work, and it is so special seeing that hard work come to fruition. I’m putting myself through college, so this generous scholarship is a game changer for me.” Emiliano is graduating from Coast Union High School and will be majoring in Aerospace Engineering at Cal Poly.
Students of all academic backgrounds and interests are considered for scholarships based on varying criteria, including but not limited to:
Financially disadvantaged students who would like to attend a 4-year anniversary;
First-generation college students whose parents are vineyard or farm workers;
Students who are part of the LGBTQ+ community;
Women in science, technology, engineering, math (STEM).
Learn more about scholarships at https://www.cfsloco.org/available-scholarships-2/
One in ten children suffers from child abuse, and since there are 50,000 children living in San Luis Obispo County, there are roughly 5,000 children in SLO County who might be struggling from child abuse and a lack in safety. Programs that promote the social and emotional well-being of children and families are crucial to the security of our community.
The Center for Family Strengthening strives to make positive systemic changes in the lives of families, understanding stronger families will bring up kids who are healthier and more resilient. Bob and Pat Barlow understood how important early intervention is for children at risk for behavioral and mental health issues and their families, so in 2021 they set out to support a local children’s assessment center. The James Robert (Bob) and Patricia Barlow Fund for Strong Families and Communities – held at The Community Foundation – awarded Martha’s Place Children’s Center with a grant through the Center for Family Strengthening in order to help strengthen families, prevent child abuse, and provide essential resources to support families in need within our community. Martha’s Place Children’s Assessment and Treatment Center allows children in SLO County to reach their full potential, to be loved, to be emotionally well developed and to enter school ready and able to learn. They give the most vulnerable young children a voice and a safe, stable environment in which to thrive.
How do they do it?
Martha’s Place offers expert, multidisciplinary assessment of infants and young children who exhibit extreme behavioral concerns, developmental delays, and known prenatal substance exposure. Case Managers and Family Advocates guide families through the stressful process of accessing appropriate services, linking them to other recommended services, and providing additional information and support and generally navigate the complex mental and behavioral health systems. By working with the family and partnering with family support organizations throughout SLO County, they help families in need access appropriate services for their child, protect children from abuse, and ensure that strong families are a community priority.
The Community Foundation is proud to serve as the connector between the James Robert (Bob) and Patricia Barlow Fund for Strong Families and Communities and Martha’s Place as they strive to make SLO County safe for all children.
The Community Foundation is committed to educating members of the Foundation family about issues in our community. These education sessions are part of a broader In Our Backyard series, which is an interactive forum for our donors to engage in a dialogue with local nonprofits about the important work being done in San Luis Obispo County.
In Our Backyard seeks to build a bridge between local nonprofits and Community Foundation donors. Each year, we focus on different issues impacting our community, such as women and girls, early literacy and our local environment. We hope our donor education series provides a platform for nonprofit agencies to present their work so that donors are empowered and informed about the important issues in our community.
For more information about the In Our Backyard series, please contact Cecelia Mazelin, Donor Services Coordinator at 805-543-2323 or email@example.com
Whether you are an attorney, financial planner, or tax advisor, The Community Foundation can assist you and your client in establishing an enduring community legacy and achieving the full tax benefits for their charitable contributions. We will support you and your clients at every step of the charitable giving process.
We can help you:
Identify your client’s charitable giving interests and motivations
Match charitable interests with tax planning needs
Create and implement charitable plans that are integrated into major business, personal and financial decisions
Provide information about community needs
Deliver a full range of administrative services related to charitable giving
To learn more about communities needs and opportunities, please contact Cecelia Mazelin, Donor Services Coordinator 805-543-2323 or firstname.lastname@example.org
The Community Foundation is here to help you accomplish all your charitable giving goals. Our knowledgeable staff can help guide you through the various funding options. Whether you would like to set up a fund now or learn about planned giving for the future, we can help tailor your fund needs.
If you would like to set up a fund, one of our most popular options is a Donor Advised Fund (DAF). We offer two types of Donor Advised Funds, endowed or non-endowed. Please read below to discover what fund fits your philanthropic goals.
An endowment is a permanent fund of which the interest in available for grants to nonprofit organizations while the principal (initial amount used to open the fund) remains intact. The amount available for grant distribution is based on our spending policy. As the principal balance can never be spent, the endowment earning power is protected against inflation, and the principal amount gifted will never deplete. This way, the fund will continue to give for your charitable desired in perpetuity.
Non-Endowed fund have no permanent principal balance and are immediately available for grant distribution. However, the fund balance is finite in existence. Unless additional funding is provided, the balance available will run out over time.
For more information about the specific types of funds, please view our Toolkit page or contact Cecelia Mazelin, Donor Services Coordinator at 805-543-2323 or email@example.com.
Another great way to accomplish a charitable legacy and receive significant estate tax benefits is by using charitable trusts. Planned gifts to charity are deductible without limit and reduce the taxable estate. There are two main types of charitable trusts, Charitable Remainder Trusts (CRT) and Charitable Lead Trust (CLT), that are outlined below.
The Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is a common and effective estate planning tool. A donor may use a CRT if they would like their up-front interest to go to a non-charitable beneficiary (such as a spouse or other family member) and the remainder to a charity. The CRT is an irrevocable trust that is tax-exempt and may be useful to defer gain on an asset.
The Charitable Lead Trust
A Charitable Lead Trust (CLT) is also an irrevocable trust but the lead interest goes to a designated charity and the remainder to a non-charitable beneficiary.
There are many different options for charitable estate planning. Please speak with your professional advisor to learn more about the options that would work best for you. For more information about estate planning available through The Community Foundation, please see our Toolkit or contact Cecelia Mazelin, Donor Services Coordinator at 805-543-2323 or firstname.lastname@example.org.