News & Resources
The Coming Wealth Transfer
From MPBN’s Maine Calling: Much has been made about impact of the baby boom generation - on everything from the divorce rate to health care to politics to the workplace. Well, here’s another one: the baby boom generation will have a huge impact on how money is redistributed in this country. As boomers retire - or die - an estimated 59-trillion dollars will be passed on to heirs and to charities - 29-billion in Maine alone. The phenomenon is known as the “wealth transfer.” We look at the effect of the wealth transfer - with those who are giving the money, those who are receiving it, and those who are overseeing the process among the groups directly involved.
Featured guests include: Sarah Ruef-Lindquist, CEO, Maine Women’s Fund; Karen Milliken, CFA, Vice President and Portfolio Manager, R.M. Davis; and Dana Baldwin, Program and Communications Director, Maine Philanthropy Center.
Read Sarah Ruef-Lindquist’s article on the coming wealth transfer: “WOMEN ARE IN THE DRIVERS SEAT”
Grantee Training Workshops
The 2014-2015 Grantee Training Workshops will be announced in the fall.
Who can attend: Past and present MWF Grantees - staff and board
Many thanks to Bangor Savings Bank, who provided video conferencing technology and meeting space for participants in Biddeford, Portland, Augusta and Bangor locations.
Friday, May 2, 2014
Topic: Grant Writing
Friday, March 21, 2014
Topic: Marketing & Events
Friday, January 31, 2014
Topic: Annual Fund
Friday, November 22, 2013
Topic: Developing a Culture of Giving
The Maine Women’s Fund Awards $80,000 to 2013 Economic Security Inititative Grantees
The Maine Women’s Fund has awarded grants totaling $80,000 to organizations working to build the economic security of Maine women and girls. The 2013 grantees will be recognized at the Fund’s annual Leadership Luncheon on May 23, 2013 at the Holiday Inn By the Bay, Portland. Economic security is the Fund’s grantmaking priority. The vision of the Fund is a just and caring society in which Maine women and girls thrive so communities prosper.
“The Maine Women’s Fund continues to be the only foundation focused solely on the future of Maine women and girls,” said Sarah Ruef-Lindquist, CEO of the Maine Women’s Fund. “The Fund identifies the greatest needs across Maine, and invests in the organizations and initiatives that most effectively advance economic security for our state’s women and girls.”
Download the press release here.
Good News for supporters at least age 70 ½!
The American Taxpayer Relief Act of 2012 included a number of provisions that apply to the use of IRA funds by those 70 ½ and older for charitable gifts. An upper limit of $100,000 applies, but any portion of that amount can be used to benefit the Maine Women’s Fund as you specify.
For all of 2012, if made a direct transfer from an IRA to the Maine Women’s Fund, you may now classify that as a rollover gift. By characterizing the amount as a rollover gift, the amount will not be included in the taxable income section of your federal return.
For those who would like an additional 2012 tax deduction, a charitable gift made from an IRA between January 1, 2013 and January 31, 2013 can be treated as a 2012 deductible amount. Contact your plan administrator to work out the details.
Another option—if any of your 2012 IRA distributions were withdrawn and paid to you between December 1, 2012 and December 31, 2012, you may use that amount (up to $100,000) as a 2012 charitable gift by sending the amount to the Maine Women’s Fund by January 31, 2013.
Last but not least, any distribution from your IRA in 2013 can be a 2013 charitable gift by having it sent to the Maine Women’s Fund.
Please consult with your tax advisor to determine how this new law can impact your financial situation and charitable gift plans.
Visit our How to Give page for details on how to make your gift today.
Proposal Writing Advice
Below are a few more resources to assist you in fine-tuning your grant proposal:
Life Cycle of a Public Charity
During its existence, a public charity has numerous interactions with the IRS – from filing an application for recognition of tax-exempt status, to filing the required annual information returns, to making changes in its mission and purpose. The IRS provides information, explanations, guides, forms and publications on all of these subjects
Maine Association of Nonprofits
Training workshops in grant writing and other areas of fundraising.
The Grantsmaking Center
A leader in grant information.
The Grants Information Center
Find written materials and a sampling of videos on fundraising, proposal writing and philanthropy.
Established in 1956, the Foundation Center is the leading source of information about philanthropy worldwide.
NPQ - Nonprofit Quarterly
NPQ’s mission is to promote an active and engaged democracy through collecting and publishing breaking news and analysis.
The Grantsmaking Center Magazine
The Grantsmanship Center publications are packed with information on how to plan, manage, staff and fund the programs of nonprofit organizations and government agencies.
Social Media Swag
Show your support for the Maine Women’s Fund with custom additions like the these Facebook Timeline Cover images. To download the image, click on the image below and save a copy of the file. Then you can upload your new cover to your Facebook profile.