Skip to content

Taxes

Donors & Fund Partners

New Charitable Giving Tax Rules

New rules going into effect in 2026 will be the biggest changes to Charitable Tax Deductions in nearly a decade, and they may begin influencing how donors give in 2025 and beyond.  Here is what you need to know:

If you itemize your tax deductions: Beginning in tax year 2026 you will be required to subtract from your itemized charitable deductions an amount equal to a half percent (0.5%) of your Adjusted Gross Income.  For instance, your itemized charitable tax deductions will be reduced by $1,500 if your AGI is $300,000.

One possible strategy is to increase or accelerate your charitable giving in 2025 before the new rule limiting itemized charitable deductions take effect in 2026.  This can include the practice of “bunching” or giving today the amount that you anticipate dedicating to charity over the next few years.  One possible way to accomplish this is through a donor-advised fund at the Community Foundation.

If you do not itemize your tax deductions: Beginning in tax year 2026 you will be able to claim up to a $1,000 charitable tax deduction ($2,000 if filing a joint tax return) for cash contributions only. 

One possibly strategy may be to delay some cash donations until 2026 and beyond when you will have the opportunity to claim a charitable tax deduction even if you do not itemize your tax deductions.

The best advice we can always offer, however, is to consult with a tax accountant who can help you understand the new rules and weigh your options.

 

 

The Harlow Family Scholarship

The Harlow Family Scholarship was created by Jim and Sarah Harlow. They are residents of Augusta County and currently live in Mt. Solon.  All three of their children graduated from Fort Defiance High School (FDHS) The Scholarship is something that both Jim and Sarah are passionate about. This scholarship is not merit- or performance-based. Which means that grit and courage are key elements in determining who wins. This scholarship requires an evaluation of financial need as well as the character and perseverance of the individual. Jim and Sarah both understand the value of education after high school and want to make the road a bit easier for individuals who are willing to work hard and persevere to improve their situation.

 

Dan Layman

President & CEO

Dan Layman joined the Community Foundation in March 2013. He spends his days helping individuals and companies explore how they can accomplish their charitable objectives through the Foundation and making sure that those who have already made that choice enjoy what they have created. He also offers his assistance and friendship to the leaders of local nonprofit organizations. Since graduating from Miami University (Oxford, Ohio) in 1988, Dan has dedicated his career to helping others through fundraising and planned giving. He and his wife, Pamela Fox, have been Staunton residents since 2003…and for many years to come.

Menieka Garber

Chief Operating Officer

Menieka Garber joined the Community Foundation in 2006 and ensures that the day-to-day operations run smoothly and align with the Foundation’s mission. She supports a variety of accounting and finance functions and helps to ensure compliance with financial and record-keeping procedures.  Menieka received a B.A. in Business with a concentration in Accounting from Mary Baldwin University and A.A.S. degrees in Business Management and Accounting from Blue Ridge Community College. A native of the Shenandoah Valley, Menieka lives on a farm in Augusta County with her husband, Brian, and their two children, Kiersten and Samuel.

Miriam Burrows

Director of Educational Programs

Miriam Burrows joined the Community Foundation in August 2018. She administers our Scholarship Program, the Youth Philanthropy Council, and the Dawbarn Education Awards.  Miriam received a B.A. in Theatre from DeSales University, has a certificate from the Beverly Hills Bar Association’s Legal Secretary School, graduated from CNE’s Board Academy, and continues to take classes whenever she can. Miriam came to Staunton in 1999 to join the American Shakespeare Center where she has worked as an actor and has served as a board member. She lives in Staunton with her husband Daniel, and their two beautiful children.

Lora Hamp, J.D.

Legal Counsel and Director of Nonprofit Relations

Lora Hamp joined the Community Foundation in 2022, after serving on the Foundation’s Board of Directors and working with the CFCBR Community Grants Committee for several years. She formerly practiced law as an estate planning attorney and is excited to combine her legal background and prior Board experience to support and promote the nonprofit sector in our community.  In addition to administering the Foundation’s Community Grants Program, Lora provides for the delivery and oversight of nonprofit sector programming, including trainings, peer learning experiences, and other professional development events. She enjoys working with her colleagues and community partners to support a healthy, vibrant nonprofit sector.

Lora’s early interest in the nonprofit world developed within the fields of gerontology and elder rights advocacy. Immediately after graduating from the University of Virginia School of Law, she served as a Borchard Fellow, collaborating with various nonprofit partners to design and establish an elder law clinic at the law school.

Chris Lassiter

Director of Community Engagement

Chris Lassiter joined our team in January 2022 as our new Director of Community Engagement.  Chris leads our work to broaden the Foundation’s relationships with community members and deepen our understanding of the challenges within our community and our opportunities for affecting real change.  Chris comes to us from the Staunton-Augusta Family YMCA where he served as Marketing and Communications Director.

Harlow Family Scholarship

Jim and Sarah Harlow established the Harlow Family Scholarship in 2023 to support Fort Defiance High School graduates in their pursuit of higher education.

We wished to recognize FDHS athletes – one male and one female – who show grit, courage, character, and perseverance. We value the importance of continuing your education after high school and want to make the road a bit easier for individuals who are willing to work hard.

 

Add Your Heading Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Click here