Tag Archives: Community Foundation

Our Donors are Leaders in Greater Cincinnati

Chuck Scheper and Julie Geisen Scheper with second graders at John G. Carlisle Elementary in Covington. Chuck and Julie are GCF donors.Chuck Scheper and Julie Geisen Scheper with second graders at John G. Carlisle Elementary in Covington.

By Ellen M. Katz, President/CEO of The Greater Cincinnati Foundation

The Greater Cincinnati Foundation exists to leverage your generosity into solutions to problems you care about. Together we are able to create a more prosperous community.

“You don’t just want to write a check and feel good about it. You want to see improvement.”
Chuck Scheper. Read more of Chuck’s story.

We want to support you in determining how best to use your charitable resources.

“We decided to partner with GCF to support Withrow Dental Center because it is an innovative healthcare solution that has been proven successful.”
Jeff and Heather Spanbauer. Read more of this partnership.

A community foundation is developed by and for a community of people. Because of your generosity in 2014:

As you can see, helping you most effectively invest your charitable resources in the areas you are most passionate is the engine of our work.

“It was difficult for me, so I’d like to pass on the opportunity to someone from a similar background who is really eager to go to school and does not have the means to do it.”
Laura Harrison. Read more of Laura’s story.

Let’s find out how we can work together.

Ellen M. Katz is the CEO/President of The Greater Cincinnati Foundation.

Satisfied Giving: Tips for Personal Philanthropy

Delhi Middle School students
Delhi Middle School students at Crayons to Computers.

By Amy Cheney

Giving back is supposed to feel good. But it turns out, many Americans are dissatisfied with their charitable giving. A friend of The Greater Cincinnati Foundation, Daniel Torbeck of UBS Financial Services, recently pointed out this fact in this excellent editorial in The Cincinnati Enquirer.

“Americans’ dissatisfaction with giving practices has a lot to do with how they do it, which, we found, is largely haphazardly.” – Daniel Torbeck

Research has shown giving releases endorphins and often makes a person feel good. If you aren’t feeling the joy of giving due to a haphazard approach, consider the following tips.

Why do we give?

Giving is a deeply person act. It will be worth taking time to consider what values you hold most dear. Be sure that your giving reflects your individual values.

Most people give for one of the following reasons:

  • Passion (your favorite nonprofit organization, health cause, or place of worship)
  • Loyalty or obligation (like to an alma mater)
  • Reaction (such as an emergency need, natural disaster or a friend asked you to support a charity walk )

Creating a good mix

To feel more satisfied about your personal giving, create a plan. Review your recent giving to see patterns in your giving. Making a plan is easier (and more fun!) than you may think.

As suggested by Jason Franklin of Bolder Giving, a good place to start with your giving plan is to break down your giving with the 50/30/20 formula:

  • 50% of giving to be for your passion
  • 30% out of loyalty/obligation
  • 20% in reaction to needs as they arise.

Adjust the formula to determine the mix is right for you and your family, and create a plan for your 2015 giving based on what you decide. With these plans, it also is smart to leave a percentage of your giving as unspecified, so you have the freedom to react or respond throughout the year.

Planning for impact

Planning your giving will leave you feeling more satisfied with how you give and will ultimately make a greater impact in the areas you care about most. A giving plan also prevents you from saying yes to charitable obligations to which you’re not committed.

Consider reviewing your giving plan each year. You’ll not only feel less frazzled, but you can have some great conversations about where you want your money to go.

We are proud to offer our donor families various resources to make their giving more focused. Please contact The Greater Cincinnati Foundation‘s Giving Strategies Group if you have any questions about creating a plan for your giving at 513-241-2880 or info@gcfdn.org.

Amy L. Cheney CPA, CAP® is The Greater Cincinnati Foundation‘s Vice President for Giving Strategies. Learn more about her here.