The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

You’ve likely heard about the CARES Act — Coronavirus Aid, Relief, and Economic Security Act — passed into law in March 2020. It’s the largest economic relief bill in U.S. history and includes a variety of provisions to help individuals, families, and small businesses obtain economic relief. A couple of those provisions impact charitable giving. Just how depends on whether you itemize your deductions or not.

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Your Gift DOUBLES This Week

Your Gift DOUBLES This Week

We launched the Minnesota Catholic Relief Fund (MCRF) on MAR. 19 to contribute to operational stability for Catholic parishes and schools during this time of disruption.

As of SAT. APR. 18, together we’ve raised $877,013, and we anticipate making the first round of grant distributions next week. But there remains great and urgent need.

And this week, your gift DOUBLES!

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Introducing the Minnesota Catholic Relief Fund

Your Gift DOUBLES This Week

Dear Friends,

In response to this crisis, and in partnership with Archbishop Hebda, the Catholic Community Foundation of Minnesota (CCF) has created a fund to inspire community generosity and collaboration to provide urgent financial relief and stabilization to parishes and Catholic schools experiencing grave financial distress.

The result is the Minnesota Catholic Relief Fund (MCRF) — a coordinated community-wide philanthropic response to COVID-19.

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CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

Dear Friends,

We know this is an uncertain and unsettling time. It is understandable to be fearful and anxious. As Catholics, we know, too, that now, more than ever, we’re called to have faith, hold hope, and be light for others. We’d like for you to know the ways in which the Catholic Community Foundation of Minnesota (CCF) is doing just that in the midst of COVID-19 and its impact.

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CD Interest Rates Are Low. Now What?

CD Interest Rates Are Low. Now What?

At one time, certificates of deposit (CDs) were a reliable high-yield savings vehicle. But after the Federal Reserve (the Fed) cut interest rates four times since July 2019, CD rates hover around just 2.00%. And there’s no indication the Fed will raise rates anytime soon. So if you’re considering opening or renewing a CD, what other options do you have […]

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