News & Announcements

The latest news and announcements from Marshfield Area Community Foundation, Inc. will appear below. To view each story in its entirety, please click on the corresponding headline.

Latest News

We will be moving to the 2nd Strret Community Center soon. Construction has began. We want to thank Partners Bank for generously donating space over the last six years.

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MACFI Celebrated 25 Years by giving back $25,000 during our Anniversary Celebration 10/17/2018. Read more about the night by clicking here .

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Here is a link to a slideshow of the major projectss at MACFI in the first 25 years! https://youtu.be/9R1JAGtncqw

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Here is an interview about the marsfhield Area Community Foundation Inc. and our 25th Anniversary! https://youtu.be/vUDr1hEHnFA

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With the new changes to tax laws, you may no longer benefit from itemizing your deductions due to state and local tax deduction limits ($10,000/ year) and the doubling of the standard deduction (now $12,000 for individuals and $24,000 for married couples). However, if you normally give to one or more non-profits each year and want to continue to support them, you may be able to receive a tax benefit under the new law by "bunching" your charitable contributions for two years in a single year, when you will itemize deductions. In the following year, you will make no (or small) charitable contributions and claim the standard deduction. By doing this, you will have more deductions over the two-year period than you would if you made the same charitable contribution amount in each of the two years. The chart below illustrates how this works. It shows, with the assumed amounts of state and local taxes, mortgage interest and charitable contributions, that total deductions are increased by $5,000, from $48,000 to $53,000, over the two-year period by bunching the charitable contributions for the two years in a single year.

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