Donor Stories
IRA Qualified Charitable Distribution – A Great Way to Give
Contributing from your IRA to a fund at the Community Foundation for Monterey County (IRA Qualified Charitable Distribution (QCD) is an easy way to reduce your tax burden and make a significant gift to support causes you care about. In retirement the IRS requires you to withdraw a certain amount (a required minimum distribution or RMD from your IRA each...
Read moreCelebrating Philanthropy – David and Susan Gill
2017 Distinguished Trustee Award Recipients Community service and giving are homegrown for Susan and David Gill. Her father coached swimming, yet didn’t even know how to swim. His father was counted on to man the barbecue at local fundraising events. They both credit their parents with inspiring them and setting the example of giving back. The Gills are the Community Foundation...
Read moreAct Now for 2017 Charitable Deductions
There is still time to integrate charitable giving into your financial planning in 2017. If you are one of those taxpayers who will itemize deductions in 2017 and might not itemize in future years, you may want to take as many deductions as possible before the end of this year. The Community Foundation for Monterey County (CFMC) can help. Create...
Read moreEngaging the Next Generation in Giving
John and Ann Mahoney John and Ann Mahoney are long-time Monterey residents who give generously both of their time and resources. John was raised in California and earned his bachelor’s degree from UC Berkeley. He moved to Monterey from LA to “get off the treadmill” and began his real estate business, now Mahoney & Associates, in 1975. Ann was raised in...
Read morePaying it Forward: Raymond Costa
Raymond Costa was just nine years old when an act of kindness embedded a feeling he’s never forgotten. “We had just lost my father – he died and Christmas was coming up. I’ll never forget seeing two station wagons full of toys collected in a toy drive just for my family,” said Costa. “It was totally unexpected – that memory...
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