Charitable Giving Made Easy - News - Potomac Almanac - Connection Newspapers

Charitable Giving Made Easy - News - Potomac Almanac - Connection Newspapers: "Charitable Giving Made Easy
You don�t have to be Bill Gates to be a philanthropist in Montgomery County.
By Howard Denis (R-1)/County Council
October 7, 2004
As autumn arrives, many of us begin to consider our charitable giving plans for the year-end. I am always so impressed by the high degree of civic interest and participation among Montgomery County residents, and especially among my constituents in District 1.
Recently I learned of a Chevy Chase couple who are one of many county families to set up their own charitable giving fund at the Montgomery County Community Foundation. This couple, like many in my district, have a number of philanthropic interests, including their children�s school and their own alma mater, their faith community, their favorite charitable organizations in the county, and several other nonprofit organizations they support in the D.C. region and throughout the country.
To this couple, their new family fund feels like a private foundation, but without the costs or administrative hassles that come with a private foundation. And the minimum to set up a fund is only $10,000, which means you don�t have to be Bill Gates to"