What is a charitable giving technique that doubles as a wealth transfer technique to avoid estate taxes and at the same time works especially well in a low-interest rate environment (as we find ourselves in now)?The charitable lead trust.First, let’s set the stage.This type of trust is usually implemented after...
When Kennewick’s Trios Health was sold to a for-profit company in 2018, the managers of the Trios Foundation were left in a pickle.The nonprofit had $2.2 million in assets, lots of worthy targets for donations, and no home.Led by Pete Toolson, the board considered its options. Several worthy charities wanted...
The cancellations spread quickly as Washington and the world shut down over Covid-19 in March. Breakfasts and lunches, a duck race and a Gatsby-themed gala disappeared from the Mid-Columbia calendar. In-person events that generate badly needed dollars to feed low-income seniors, support cancer patients and more were suddenly too dangerous to...
A $40,000 private donation is helping a Pasco nonprofit and the people it serves stand a little taller.An unidentified supporter contributed the money to the Knights Community Hospital Equipment Lend Program, better known as KC Help, through the Three Rivers Community Foundation.The donation supports KC Help’s mission to help the...
Donor-advised funds have gained in popularity in recent years.They provide an easy way to facilitate charitable giving; they can increase tax savings; and they can be creatively employed in estate plans to encourage philanthropy for the family and act as a substitute for a private foundation.First, what is a donor-advised...
Brian McDermottColumbia IndustriesPresident & chief executive officerNumber of employees you oversee: We have about 200 team members at CI.Tell us about your organization and its commercial ventures:Columbia Industries is a 501(c)(3) nonprofit company that operates solely for the benefit of our community (the Tri-Cities and surrounding areas). We work with...
Mid-Columbia Meals on Wheels continues to offer weekly frozen meals to all seniors and vouchers for fresh produce at area farmers markets to low-income seniors.The frozen meal service is available for all Benton and Franklin county seniors ages 60 and over. All senior meals are provided on a donation-only basis.Homebound...
The past year has been a wild ride for the Boys and Girls Clubs of Benton and ranklin Counties.The nonprofit took over the Richland School District’s before- and after-school child care program in June 2018.
By Andrew KirkDespite recent ownership challenges, the Tri-Cities CancerCenter is not going anywhere and there will be no noticeable difference in itsoperations or the care it provides to cancer patients. That’s the message Chief Executive Officer Chuck DeGooyeris working hard to share.It’s an important message because a lot recently haschanged....
Athalia Clower has always wanted to help people.And she has done so for more than 25 years.“I have been a certified physician assistant (PA-C)since 1993,” said Clower in an email interview. “I started working for Kadlecduring March of 2010.”For Clower, this has been a high calling.But so has her charity...
