On behalf of the Community Foundation of Anne Arundel County and the nonprofits you support, we appreciate your generosity and support of our community in 2022. CFAAC works to ensure that your donations make the greatest impact on the causes you care about while maximizing your tax-saving benefits. With that in mind, and so we can provide the best service and ensure your charitable gifts qualify for a 2022 IRS tax deduction, please keep the following dates in mind:  

• We recommend that gifts of appreciated stock be initiated by December 16, before the December 30, 2022 transfer deadline, to allow enough time for transfer completion, should any unexpected delay occur. Note: Please notify CFAAC of the approximate number of shares and name of the company in advance. Shares received to CFAAC's ownership prior to the close of business on December 30st, even if not sold until 2023, can be claimed as a tax deduction for 2022. The stock market is closed on Monday, Dec. 26th. Click here to read more about the benefits of donating stock.

• We recommend ACH or wire transfers be initiated by December 22, 2022. Please email Kathy@cfaac.org if you need transfer information.

• Please note that credit card donations must be completed via our website by 11:59 pm on December 31, 2022.

• Please note that checks must be postmarked by December 31, 2022. Cash donations must also be completed by that date. 

Opening New funds: New funds may be opened immediately (during business hours) upon receipt of both a fully executed fund agreement and a cash or non-cash donation. Email Rosemary@cfaac.org for more information about setting up a fund.

CFAAC Fund Holder Grant Requests: Due to high-volume of generous giving, if you are planning to make a grant from your fund to be sent to a nonprofit by the end of the year, please make the grant request by December 9, 2022 to ensure processing by year-end. Fund holders can submit the request via your account at this link, or by sending an email to Rosalind@cfaac.org.

Our offices will be closed for the holidays on the following dates:

• December 23rd - 26th
• January 2
• Please also note that on the last business day of the year, December 30^th, our offices will close  at 3:00 pm.

Wishing you a wonderful holiday season!