Toledo Community Foundation

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Announcing the 2015 Nonprofit Innovation & Excellence Awards

Save these dates:
The Blade and Toledo Community Foundation present the 2015 Nonprofit Innovation & Excellence Awards. Submissions for the 2015 awards will be accepted beginning June 1, 2015 through Toledo Community Foundation's online application system. The deadline for applications is June 30. The Awards Breakfast Ceremony will be held on October 13, 2015.

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Itís time to protect your family & your future

We are celebrating the 11th Anniversary of National Financial Literacy Month (April) and the beginning of the 2015 Improving Financial Awareness and Financial Literacy Campaign.  The Association of Fundraising Professionals (AFP) is partnering with the Financial Awareness Foundation to improve awareness around financial literacy and estate planning. 

Over 50% of our adult population does not have a current or up-to-date estate plan to protect themselves and their family's assets; that’s half your family, friends, and associates.

Estate planning is a financial process that can protect you and your family and is a very important component of your overall financial planning. Now is the perfect time to put your estate planning house in order. If you don't have an up-to-date estate plan and you happen to get hurt or sick and cannot manage your financial affairs, the courts will have to appoint someone to manage them for you. The person they appoint might not be the one you would want to perform those tasks. 

Without an estate plan, when you pass away, your affairs will be settled by default through a complex legal system called "probate." The handling of your financial affairs can turn into a costly and frustrating ordeal for your family and heirs.

The crafting of a good estate plan starts with planning, followed by the proper drafting and signing of appropriate legal documents such as wills, trusts, buy-sell agreements, durable powers of attorney for asset management, and an advanced health-care directive or health-care power of attorney. Having these documents in place saves you and your family a lot of money and time at a very difficult and emotional time.

Your estate planning should also address the coordination of the way you hold title to your various assets, your beneficiary selections, and philanthropic gifts you wish to make as a part of your legacy.

Regardless of the extent of your net worth, estate planning is important for everyone. Complex strategies may be used by wealthy people to reduce death taxes and costs. Others may only require a simple will and/or trust to pass on property to their heirs and provide for minor children.

Even if a simple will is all you require, an estate plan is an essential part of your financial planning. Everybody will need it someday. The time to address or update your estate plan is now.
Today’s Thought
“The only person who doesn't need an estate plan is the one who lives forever and never gets sick.”
-Your financial PARTNER

Learn More Below
:   CHECKLIST – SIX STEPS TOWARD SUCCESSFUL ESTATE PLANNING


For more information on creating a legacy as a part of your estate and financial planning, email Ken Frisch or Bridget Brell Holt, philanthropic services officers, Toledo Community Foundation, or call 419.241.5049. 

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TCF Announces New Officers and Welcomes New Trustees at Annual Meeting

The Toledo Community Foundation Board of Trustees elected officers and welcomed two new members at its annual meeting this month.

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Featured Success Story


Two Hearts, Two Homes, Two Funds
Kiriyanthan & Thresiamma Jacob


Kiriyanthan and Thresiamma Jacob left their homeland of India to make their home in Northwest Ohio.  Two careers, two children, and twelve grandchildren later, the Jacobs decided to work with the Foundation to provide for community needs here as well as support causes important to them in India. 

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Video Spotlight

Making A Difference Thru Charitable Giving

Working together we can make a difference in our community through charitable giving.  In this video, you will hear from a number of individuals why giving back is important to them.

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300 Madison Avenue
Suite 1300
Toledo, OH 43604
P     419.241.5049

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