Holiday with Heart Charity
The Holiday with Heart Foundation -
Holiday with Heart Charity Gayla has established a fund within the Toledo Community Foundation, an organization to help us with our philanthropic interests. The Toledo Community Foundation oversees all the bookwork and tax reporting for the fund and all investment activity. They also restrict disbursement amounts to maintain the financial integrity of the fund. This is a donor advised fund, meaning the Holiday with Heart board is the sole entity responsible for how the money is spent. We felt it was important to establish the foundation to provide a long term funding source for the local LGBT community.
After meeting our goal of $100,000 dollars in the fund, disbursement of the money from the foundation can begin to support a variety of LGBT causes on a continual basis throughout the year. This is a contrast to only being able to support a few organizations once a year after our annual Gayla. There is a minimum limit to this fund, and it is in our interest to protect our principle. Disbursements from the foundation will be made from income derived from the investment. Since there is no maximum monetary limit, we are hoping we will see continual growth of the principle. The more principle we accumulate, the more interest we will have available to distribute.
The Holiday With Heart Foundation Balance
As of June 30th, 2014- $27,246.19
As of Dec. 31st, 2014- $28,774.00
As of March 17th, 2015- $39,781.03
As of Sept. 17th, 2016- $50,913.43
As of Oct. 25th, 2017- $69,462.20
As of Dec. 25th, 2017- $83,214.00
As of Dec. 31st, 2018- $92,409.00
As of Oct. 17th, 2019- $108,000.00
To encourage frequent and perpetual giving, we have created the Holiday with Heart Fellows program. Every donor that contributes a cumulative $1,000 will be recognized as a Fellow. We hope to have a special recognition dinner for our Fellows annually. Our current Fellows are as follows:
- Matthew Beckstein
- Jeni Belt & Jason Finn
- David Bingham
- John & Patti Gallagher
- Tammy Holder
- Ed Hoffman
- Edward Kettinger
- Andrew Larsen & Justin Snyder
- Craig Jablonski
- Thomas Fahlstrom
- Jack Howard
Holiday with Heart appreciates the commitment our Fellows have shown to the long term potential of the foundation. Thank you for your efforts.
Our next financial goal will be to raise our principle to $100,000. What can you do to help reach this goal? Use this fund as part of your estate planning. Use this fund as part of your tax planning and year end gifting. Honor friends, living or deceased, with a gift in their name to the fund. Use the fund as a gift for a friend who is impossible to buy for, whether for a birthday, Christmas or anniversary. Give a gift rather than flowers at a loved one’s funeral. All gifts will be acknowledged to the recipient and the donor, and it is all 100% tax deductible.
Honorariums made to the Holiday with Heart Foundation:
- Dr. Wayne North
- David Bingham
- Wayne North & David Bingham's Anniversary
- Billy Mann
- Rick Cornett
- Ed Hoffman
- Kennyetta White
- Steve Maenle
- Brendan Brophy & Steven Fischer's Wedding
- Neil Koplitz & Brian O'Connor's Engagement
- Neil Koplitz & Brian O'Connor's Marriage
- Michael Craig and JC Jarvis Marriage
Memorials made to the Holiday with Heart Foundation:
- Richard "Dick" Flock
- John "Jack" Devany
- Lloyd "Skip" Perkins
- William Gillespie
- Doc Longeway
- David Mayhew
- Arthur "Art" Howard
- Jeffrey Long
- Michelle Dare
- Richard "Rick" Johnston
- Pat Abraham
- John White
- Larry Murdock
The rights of the LGBT community have greatly improved in recent years, but there are many issues yet to be resolved. Please take the time to make a difference for our entire family and put the Holiday with Heart Foundation in your giving plans.
Remember, you can make a tax deductible contribution to the fund at anytime by contacting the Toledo Community Foundation or donating here. In the Fund Name field type: Holiday with Heart Fund. Visa and MasterCard are accepted.
Thank you for your continued support to this cause that benefits the LGBT community right here in Toledo and Northwest Ohio!