BCF believes a strong Baltimore region starts with high-quality schools in vibrant, interconnected neighborhoods. To that end, our discretionary grantmaking is focused on enriching effective public schools with principal preparation, […]
In March, as a wave of novel coronavirus cases shuttered schools and businesses, BCF rapidly launched the COVID-19 Evolving Community Needs Fund. The Fund was designed to meet immediate, intermediate, and long-range needs arising from what we knew—even then—would be a challenge unlike any we had ever faced. In just a few short months, generous individuals, families, foundations, and corporations contributed nearly $2.2 million to the effort.
BCF’s place-based investing in Northwest Baltimore is rooted in an understanding and respect for the area’s history and culture. Liberty Heights Avenue played a significant role in the journey of […]
Generous donors make hundreds of year-end gifts in the fourth quarter – keeping our Donor Services team extremely busy! We sat down with Guy Flynn, Chair of the Development Committee and Dara Schnee, VP of Philanthropy, to talk about this exciting time, how they work together, and how philanthropy has changed this year.
The Education Trust’s Recommendations for Ensuring Equity in Education in the Midst of COVID-19 When responding to the COVID-19 pandemic, the first consideration must always be the safety and health […]
Growing up in Cleveland, Ohio, Bruce Behrens’ family didn’t have the means to be philanthropic. It wasn’t until he moved to Baltimore to work with Alex Brown and later Brown Advisory that charitable giving entered the picture.
In the fall of 2019, the Center for Effective Philanthropy conducted a confidential survey, commissioned by BCF, of 522 of our donors, of whom 129 donors responded.
BCF’s Board of Trustees elected new officers at the first quarter meeting of 2020. We thank Laura Gamble for her fourteen years of service on the BCF board, including the last four as board chair, and we welcome Tom Bozzuto as our new board chair. We caught up with both of them to talk about the role of the Community Foundation in Baltimore.
Two years have passed since the 2017 Tax Cut and Jobs Act (TCJA) which forced advisors to revisit how clients go about meeting charitable goals. Thanks to TCJA, many clients for the first time in years found themselves filing their tax return with a standard deduction (for 2019, $12,200 for single and $24,400 for married filing jointly).
After serving in the Army in Japan during World War II, John Kovach received his masters from Harvard University’s School of Business. By that time, John had met his wife, Helen, the daughter of Sicilian immigrants, and together they settled in Oklahoma, where John was the financial vice president at a petroleum corporation. They soon moved again, with their two sons, this time to Baltimore City. In less than a decade, John would be made senior partner at Alex Brown.