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.
BCF operates at the intersection of grassroots organizations, civic leaders and concerned donors. As such, we have a vital role to play during the COVID-19 pandemic. Our response began in mid-March when we made emergency grants to 18 frontline organizations for distribution of food, diapers, formula and other essential products in vulnerable communities.
“Back to school” took on a new meaning for residents of the Northwest Baltimore community of Howard Pak this winter. On January 6, nearly 800 students returned from winter break to a brand-new school facility: Calvin M. Rodwell Elementary/Middle School.
Baltimore Community Foundation Deploys COVID-19 Response Grants, Plans for Intermediate and Long-Term Needs Ahead
Baltimore, MD – The Baltimore Community Foundation (BCF) today announced the latest in a series of grants to mitigate the effects of COVID-19 on vulnerable individuals and communities in the