Get your questions answered about the new Illinois Gives Tax Credit Act by the Community Foundation of East Central Illinois and nonprofit expert Shari Fox.
The Illinois Gives Tax Credit Act took effect January 1, 2025. This new law provides a 25% State of Illinois tax credit to donors who give to endowed funds at community foundations across Illinois that are in compliance with National Standards.
How does this legislation impact our local community? What are the opportunities for individual charities? What can nonprofits do to communicate those opportunities and related benefits with their donors? In this session, Shari Fox of Fox Philanthropic Advisors will share a comprehensive overview of the Illinois Gives Tax Credit Act and discuss the benefits of this legislation for individual donors giving to endowed funds. We will also share tips on simple ways to integrate messages about the tax credit act benefits with existing communications. By the end of our time together, participants will have a solid understanding of this new legislation and concrete ways to message this information through their communication channels.
Presented in partnership with the Community Foundation of East Central Illinois and Fox Philanthropic Advisors.
About the presenter: Shari Fox founded Fox Philanthropic Advisors in 2022 to help inspire meaningful philanthropy, one donor at a time. With more than 30 years of experience advising institutional donors in establishing and structuring their charitable gifts, she works as part of her clients’ team of advisors, helping them define their charitable objectives and implement plans and structures to achieve those objectives. She also consults with not-for-profit organizations to advance their major, planned, and principal gift programs.
Starting or growing a nonprofit? We can help. champaign.org/launch
Our beautiful, state-of-the-art Main Library opened on January 6, 2008. You’ll find a wide variety of books, movies, and music, as well as free events for all ages. Looking for tech options? We offer free Wifi, dozens of public computers with internet access, and public meeting rooms.
