The MWRDF Endowment
In order for the Midwest Rugby Development Foundation (MWRDF) and the organizations who benefit from it to survive we must raise funds, NOT for today, but to perpetuate the organization’s ideals for decades. As you may already know, we formed a special committee focused on finances. The financial committee is broken down into Fundraising, Events, and Endowment. Our goal is to eventually get the endowment to the point where it can provide ongoing investment income to support the annual budget. We conservatively project that to reach 5% income from the budget, we’ll need to raise $1M to fully endow the MWRDF. Please read further to learn how contributing to the Endowment will benefit YOU and the Foundation's mission. Contact the Endowment DirectorSignup for the NewsletterEndowment Newsletter
The best way to guarantee the success of rugby in Greater Cincinnati is with a long term financial plan that provides for the monetary funding needed in the years and decades to come. The MWRDF endowment allows individuals to donate life insurance proceeds, stocks, real estate, and many other forms of financial sponsorship to benefit amateur rugby.
Each newsletter will broad stroke the entire playbook of charitable planning and go into more detail on these concepts. We hope you’ll commit to opening each email with the subject “MWRDF Endowment”, reading it thoroughly and considering each opportunity presented. Our committee members are available to talk with you, your CPA, your attorney and/or your financial advisor in this process. Thank you for considering supporting.
Newsletter
Signup for our Endowment Newsletter
What are my options Giving to the Endowment
01
SC & DAF
Stacking Contributions and Donor Advised Funds
Learn More
In the past many people itemized and deducted their mortgage interest and charitable contributions. When the standard deduction increased to $24,000 for married filing jointly, very few now itemize their deductions.
The most simple concept is called “stacking”. Simply put, this is a strategy to maximize your giving and your tax deductions by stacking multiple years of contributions into one year, pushing your gift high enough (over $24,000) to benefit from itemizing your deductions.
Another way to do this is to invest in a Donor Advised Fund. How does this work?
- You contribute up to 60% of your adjusted gross income or you may donate appreciated assets up to 30% of adjusted gross income
- The funds get invested in the Donor Advised Fund
- The donor gets an immediate tax deduction for their contribution
- The Donor Advised Fund grants a percentage or dollar amount to the charity (MWRDF) or charities of the donor’s choice over any number of years
- The donor names a successor advisor to the Donor Advised Fund to make continued recommendations after the donor has passed
You can read more about this concept by visiting https://www.fidelitycharitable.org
02
QCD
Qualified Charitable Distributions
Learn More
For those age 72 or over with retirement assets the IRS mandates that you take “Required Minimum Distributions” (RMDs) from your accounts. If you do not rely upon these distributions to maintain your quality of life you might consider a QCD. A QCD sends these otherwise taxable distributions directly to a non-profit organization such as the MWRDF. By sending it directly to the foundation, the distribution is not counted as taxable income, but it does satisfy the RMD. You can get more information here: https://www.youtube.com/watch?v=-ZLJO-zgNr8
LIP
Life Insurance Planning
Learn More
Life Insurance can be an effective way to trade pennies for dollars. In it’s simplest form, if a 50 year old Greyhound made a premium payment of $100/month to a life insurance plan with the MWRDF named as the beneficiary the foundation might receive as much as 250k when that member passed. Depending on how this is structured, you may even get a tax deduction for the premium.
04
DRE
Donations of Real Estate
Learn More
Have an investment property that you are considering selling, but don’t want to pay the taxes? Maybe you just don’t want to maintain the property anymore? You can receive an immediate tax deduction for the full value and avoid the capital gains tax on any earnings you made on the property during your ownership.
05
DAS
Donations of Appreciated Stock
Learn More
Do you own stock that you’d sell if it weren’t for the taxes? By gifting that stock to the foundation you not only avoid the capital gains tax, but you also get a tax deduction assuming the amount is over the standard deduction.
06
CRT
Charitable Remainder Trust
Learn More
A CRT is a legal document that allows the donor to make an irrevocable gift, but receive income from that gift during their lifetime.
Please let us know if you’d like to schedule a no fee consultation regarding your planning and how you may integrate the MWRDF.
Investing Rugby
As a 501c3 non-profit foundation, the MWRDF relies on investment from individuals, groups, and corporations to help accomplish our mission. Investments can be made by volunteering time at events, taking a leadership role, or via a financial contribution. No matter how you choose to invest, your time, money, and effort will go to a great cause benefiting amateur rugby throughout Greater Cincinnati.
Building Rugby
To build a significant structure, you must first have a strong foundation to build upon. This is the approach that the MWRDF takes to the growth of rugby throughout the region. The MWRDF builds this foundation by providing world class rugby fields for practice and games, scholarships for ruggers traveling nationally and internationally, coaching clinics, and by providing balls, jerseys, and equipment to clubs throughout the region.
Stats
MWRDF by the Numbers
$ Distributed
Clubs Supported
Players Impacted
Years Combined Experience
About
About the MWRDF
The Midwest Rugby Development Foundation (MWRDF) was founded in 1996 to operate exclusively for charitable and educational purposes to foster national and international amateur competition in the sport of rugby. The MWRDF invests in and builds the rugby community with the operating principles of growth, development, and advancement. Our fundraising efforts extend from events to an endowment and all funds raised go to accomplishing our stated mission. In addition, the MWRDF provides community, information, and support to players, clubs, and families throughout the Greater Cincinnati region.
Endowment Advising
Our expert, and award-winning, financial advisorory team will walk you through step-by-step the best options for you and your family. You’ll be in the hands of some of the area’s most-trusted advisors that will set you up for success and ease. Your contributions to the long-term vision of the MWRDF will benefit YOU and the mission.
Endowment Advising
Our expert, and award-winning, financial advisorory team will walk you through step-by-step the best options for you and your family. You’ll be in the hands of some of the area’s most-trusted advisors that will set you up for success and ease. Your contributions to the long-term vision of the MWRDF will benefit YOU and the mission.
01
Our Mission
Our mission is to operate for charitable and educational purposes to foster national and international amateur competition in the sport of rugby.
02
What We Do
The foundation provides world class fields, equipment, training, clinics, and scholarships to grow amateur rugby throughout the region.
Our Approach
Nurture the growth of amateur rugby throughout the region via financial backing, leadership, and education.
Fundraising
As a 501c3 non-profit organization, the MWRDF raises funds through several different methods including individual donations, corporate sponsorships, community efforts with Kroger Rewards & Amazon Smile, raffles for well known high-end prizes, and events such as the annual euchre tournament.
MWRDF Partners & Sponsors
—————————-
MWRDF Impact
The Foundation creates oportunities for our club to better develop our players and program. They've created avenues for our players to play oversees, graduate to select-sides, and more. The grounds and equipment they provide are best-in-class and the whole region benefits.
The MWRDF has sky-rocketed Rookie Rugby in Cincinnati. The team has a long-term vision, and focusing on the kids is a great way to work toward that vision. Their support has had a huge impact for us.
The Midwest Rugby Foundation works closely with us and our Grayhounds - that said, I want to be clear, there is a clear distinction between the two organizations. They support us with the Brimelow Fields (for us and all the clubs around), equipment, and more. Us here at CRFC are appreciative for all the the MWRDF does for the rugby community.
