Tax Reform and what it means…

Tax Reform and what it means…

December 21, 2017

In the early hours of December 20, 2017, Congress passed its tax reform bill. We have already heard from several of our loyal donors asking Community Hospice Foundation “In what ways will this bill affect charitable giving?”

I agree with Stanislaus Community Foundation CEO Marian Kannon, “As with any piece of major legislation, there will be provisions that impact many sectors of the economy, and it’s likely the country’s nonprofit sector – including local organizations – will experience some major changes. “

How Will Nonprofits Be Affected By the New Tax Reform?

There are many implications of the new tax bill, which National Council of Nonprofits has detailed here. Some of the key ones are:

Standard deduction for charitable giving: Charitable deduction would be out of reach to more than 90 percent of taxpayers. The Joint Committee on Taxation estimates that itemized deductions will drop $95 billion in 2018. In addition, it’s estimated that giving would decrease $13 billion or more per year and would cost 220,000 to 264,000 nonprofit jobs.

State and local tax deductions: The new bill would limit the amount of state and local income and property taxes that can be deducted from federal taxes to $10,000. In turn, it would pressure state and local governments to enact tax and spending cuts, which will eliminate programs that serve people in need and increase burdens on charities and foundations to fill the gaps.

The Johnson Amendment: The passing of the bill will either repeal or weaken the Johnson Amendment, which preserves the nonprofit nonpartisanship. More information on the Johnson Amendment can be found here.

“The consequences of the tax bill will be devastating to the millions of people around the country who rely on charitable nonprofits for everything from food and shelter to faith-based sanctuaries and job training, to a safe place to escape domestic abuse and enrichment through the arts. With even more spending cuts for services people rely on coming shortly, organizations that already have been stretched too far to continue to provide services to an ever-growing number of people with ever-shrinking budgets are simply going to have to turn people away, discontinue vital programs and even close their doors entirely. All of these are the foreseeable results of a bill that fails to look past the short-term ‘win’ of cutting taxes to recognize the very high price the public will be expected to pay.” — Tim Delaney, CEO of National Council of Nonprofits, said in a statement.

In our role as a supporting organization for Community Hospice Inc., the Community Hospice Foundation is committed to raise funds and awareness in support of our mission which is to provide compassionate and quality care, education and support to terminally ill patients and their families, regardless of ability to pay.

Generally speaking, this legislation reduces the incentive for some individuals and organizations to make charitable gifts in 2018 and beyond. However, many could still benefit by making a gift before the end of 2017 due to upcoming changes in the standard deduction provision. I encourage you to consult with your professional advisor(s) to discuss your personal tax situation before the end of this year. An end of year gift to Community Hospice Foundation is just a few clicks away. If you want to make a gift online, please follow the link below.

Just for fun, the New York Times provided a Tax Calculator so people can see a first blush of the impact on personal taxes in coming years. The link is provided below if you are curious to see where your family lands.

We at the Community Hospice Foundation are ever thankful that so many in our communities have generous hearts that lead them to support those facing life limiting illnesses. You are our champions of yesterday and our hope for the future. Thank you for keeping Community Hospice in your thoughts as we move forward into 2018, which I pray brings you blessings.

In gratitude,


Monica Ojcius
Executive Director Community Hospice Foundation

Community Hospice’s Fantasy of Trees Event Shines at the Gallo Center for the Arts

December 12, 2017

For Immediate Release
Contacts:
Kristin Mostowski | Director of Public Relations, Community Hospice | Kristin.Mostowski@hospiceheart.org | 209.578.6301

Community Hospice’s Fantasy of Trees Event Shines at the Gallo Center for the Arts

Modesto, CA (December 1, 2017 – December 2, 2017) – Beautiful designer decorated trees, wreaths and centerpieces filled the Gallo Center for the Arts lobby during the Friends of Community Hospice’s annual Fantasy of Trees Luncheon and Santa Shares Breakfast fundraiser. Fantasy of Trees started the weekend off Friday morning with champagne, a catered lunch, boutiques of local artisans and an opportunity to bid on gorgeous decorated trees, wreathes and centerpieces all designed by local community members.

The fun at the Gallo Center for the Arts continued on Saturday with a special visit from Santa and Mrs. Claus at Santa Shares Breakfast. “Santa Shares Breakfast is personally one of my favorites events,” mentions Monica Ojcius the Executive Director of the Community Hospice Foundation. “We gave over 130 tickets to this event to families in need to ensure no household goes without some holiday cheer”. Santa Shares Breakfast featured a family breakfast, children’s holiday crafts, dancers from the Central West Ballet Nutcracker and a photo with Santa and Mrs. Claus.

Proceeds from this event went to support the children and families of Community Hospice’s Gabriel’s Friends Pediatric Palliative Care Program.

For more information about Community Hospice events, visit give.hospiceheart.org.

Additional photos available upon request.

About Community Hospice
Community Hospice is a nonprofit, community based hospice agency, serving the San Joaquin Valley since 1979. Community Hospice provides compassionate and quality care, education and support to terminally ill patients and their families, regardless of the ability to pay. Care extends to over 250 patients every day in private homes, skilled nursing facilities and at the 16-room Community Hospice Alexander Cohen Hospice House. Community Hospice also provides bereavement and grief support to anyone in the community. For more information please call (209) 477-6300 or visit www.hospiceheart.org.
###

What a wonderful 32nd year!

December 7, 2017

Our longest running event, Light Up a Life Tree Lighting Ceremony, held at Sutter Memorial Medical Center, marked its 32nd year on December 3, 2017. This milestone was celebrated with loving families, a military color guard and a beautiful reception. This year’s honorary tree lighters were the Grover Sisters, Sarah, Emma and Rachel. 

Thank you to all those who sponsored, volunteered and came out to support this wonderful event!