April 2019

Join us for our Centennial Community Luncheon!

IT'S JUST AROUND THE CORNER   – on  Wednesday, May 1  we'll gather for a community-wide celebration of 100 years of philanthropy. We hope you'll be there as we reflect on the Foundation's past accomplishments, present direction, and future aspirations for our community. We expect record attendance this year, and registration is open for one more week, through April 22. Please join us for this once-in-a-century community celebration!

REGISTER NOW

Support our Next Century

FOR THE PAST 100 YEARS, the Foundation has provided leadership and funding to strengthen Winston-Salem and Forsyth County in a wide variety of program areas including community development, the arts, health, education, and human services, among others. The Next Century Fund was established to celebrate our Centennial and enable all community members to support our Community Grantmaking in Winston-Salem and Forsyth County. Your contribution ensures that we will be able to adapt to emerging challenges and opportunities over time, and because it goes into an endowment fund, your generosity will benefit our community forever . Join us in supporting the Next Century Fund to create a generous and trusting community where everyone is thriving.

Make Your Voice Heard in Selection of the Next WS/FCS Superintendent

The Winston-Salem/Forsyth County Schools Board of Education has announced opportunities for public input on the selection of the next superintendent . We encourage all community members to participate in these upcoming forums and to take the community survey – make your voice heard in the selection of this critical leadership. Community forums are scheduled for Wed. April 24 at 8:00am, Thurs. April 25 at 7:00pm, Thurs. May 2 at 7:00pm, Sat. May 4 at 2:00pm, and Tues. May 7 at 6:30pm. Find out more by visiting WS/FCS website .

March Community Grant Recipients FOUR NONPROFITS received  $66,100  in  Community Grants  from the Foundation in March. This vital flexible grantmaking support is made possible by donors to unrestricted and field of interest funds and by contributions to our Next Century Fund. Congratulations to our March  Community Grant recipients !

Transportation Grant Round Update OVER THE PAST two months, the Transportation Community Committee has met to share their experiences with transportation in Forsyth County. This month, the group is developing a request for proposals that will be released on April 22 . For details, please check wsfoundation.org/transportation next week.

Charitable Giving and Tax Implications

MANY ARE BREATHING A SIGH OF RELIEF as tax season is behind us once again! Taxpayers are now seeing the impact of the 2017 Tax Cuts and Jobs Act on their personal returns. The Urban Brookings Tax Policy Center estimates that about half of taxpayers who itemized their charitable contributions in 2017 would instead opt to use the increased standard deduction on their 2018 tax returns.  You may be wondering if there are still tax advantageous ways to give? Here are some options to consider: Contributing to a donor-advised fund allows you to “bundle” several years of charitable donations into a single tax year, itemizing in the year you make the gift. You can then recommend charitable grants from your fund on your own timetable and use the standard deduction in these years. Donors over age 70-½ can utilize a qualified charitable distribution (QCD) to make a tax-free donation from their IRA and avoid taking a mandatory taxed withdrawal, while making direct gifts or establishing permanent endowments for the organizations they support. Each taxpayer’s situation is different, so we encourage you to talk with your advisors about your own circumstances.  Contact us to learn more about these tools and other ways to support the causes you care about most.

Staff News

(l-r) Kay Dillon, Jo Ann Kyslinger, Daisy Rodriguez, and Andrea Hulighan

Congratulations to Kay Dillon on her retirement after 28 years as Director of Student Aid and to Jo Ann Kyslinger on her retirement after 18 years as the Gifts Processor on our Philanthropic Services team. We are excited to welcome Daisy Rodriguez to the staff as our new Director of Student Aid . Daisy comes to us with much experience serving students — many may know Daisy from her previous role as director of childhood hunger programs for Second Harvest Food Bank. Another exciting staff announcement is that Andrea Hulighan has been named the Director of Strategic Initiatives . With over 10 years of experience at the Foundation, we are fortunate to bring her leadership to The Women's Fund and the Black Philanthropy Initiative.

Join the Foundation Team!

WE ARE SEEKING APPLICATIONS for a Gifts Processor and Administrative Assistant through April 24, as well as a Program Director, Capacity-Building and Capital Campaigns through April 30. Learn more about these positions and please help us spread the word!

Broadening Philanthropy in Our Community

Black Philanthropy Initiative BPI IS EXCITED to open its 2019 grant cycle – application information will be posted here April 16 ! Make a gift to support BPI's efforts and future grantmaking.

The Women's Fund of Winston-Salem INFORMATION on The Women's Fund's 2019 grants program will be released on their website on May 15 . Today's your last day to honor the impact of an important woman in your life with a Women's Fund Mother's Day tribute gift !

Youth Grantmakers in Action APPLICATIONS to participate in YGA for the 2019-2020 school year are now being accepted – apply by May 15 . You're invited! YGA will host their annual grant awards celebration at the Milton Rhodes Center for the Arts on April 24 at 5:30 p.m. – email us to RSVP. C

More Foundation News

View our latest Report to the Community

– You'll be seeing more of the Foundation in local news as we celebrate our centennial year! Check out this Winston-Salem Monthly article . – Watch the latest FOX8 Community Foundation segments featuring Children's Home Society , Crossnore School , and the Shepherd's Center .  – Meeting space is available for local nonprofits at the Burress Family Center for Philanthropy.

THE WINSTON-SALEM FOUNDATION 751 West Fourth Street, Suite 200, Winston-Salem NC 27101 (336) 725-2382 | info@wsfoundation.org | wsfoundation.org

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