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News & InFaith Insights

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InFaith Insights is a monthly e-newsletter for financial professionals. Each month InFaith Insights explores concepts and resources you can use to build your charitable business with your clients and it's free to sign up.

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Charitable Giving & Tax Efficiency

Financial Consultant Nathan Mahnke shares how he helped his client realize her giving dreams and benefit from a significant annual tax deduction by giving a charitable life insurance policy to InFaith Community Foundation.

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As part of its Disaster Relief Collaborative Fund, InFaith Community Foundation granted $100,000 to Lutheran Social Services (LSS) of Puerto Rico to aid recovery in the community. This was made possible thanks to the generosity of InFaith’s donors. LSS of Puerto Rico believes “when the dust settles, and the headlines change, we stay to provide ongoing assistance to those in need.”

Together with donors, InFaith Community Foundation addresses a number of pressing and unmet needs facing our shared community. One of the initiatives that InFaith has committed to is ending family violence through a partnership with FaithTrust Institute. FaithTrust Institute is an organization that provides faith communities and advocates with the tools and knowledge they need to address the faith and cultural issues related to abuse.

Keith Allen Hinrichsen, a native of La Mesa, Calif., was fully devoted to his family, students and church as a History professor at Cerritos College. After 37 years of teaching, his extended family supported him through his own diagnosis and return of prostate cancer. Upon his death, Keith directed InFaith to support a variety of charities, including programs that addressed the unmet needs of patients with Alzheimer’s through The Hinrichsen-Thorsen Family Health Fund at InFaith Community Foundation.

Rev. Margaret Suiter, a Lutheran pastor and refugee advocate, dedicated her life to the service of Latin communities in the United States and El Salvador. When she passed away from cancer at the age of 44, her mother Louise created The Margaret Neusom Suiter Memorial Fund at InFaith Community Foundation in her daughter’s memory.

In recognition of Chris Andersen’s 25 years as president and executive director of InFaith Community Foundation, the Board has renamed InFaith’s WomenLead Scholarship to The Chris Andersen WomenLead Scholarship. Andersen, who has led InFaith’s growth to more than $1 billion in outright and deferred gifts and $30 million in annual grants, will retire at the end of this year.

Donors Ruth and Wilbert Reinke used their passion for the community of Neligh, Neb., supporting Antelope Memorial Hospital through The Wilbert and Ruth Community Endowment Fund. Learn more about how the Reinkes’ generosity has helped AMH grow in transformational ways. 

InFaith Community Foundation, a national faith-based charity, announced today that president and executive director Chris Andersen will retire after 25 years of service. The organization’s board of directors has named Mandy Tuong, currently senior vice president of donor services and general counsel, as president and CEO. Tuong will assume the role on October 1, 2019.

In her first career as a banker, Kaylee St. Germain quickly noticed that farmers like to talk about saving on taxes. Now working as a Thrivent financial professional for the past four years, she’s noticed that InFaith Community Foundation’s mission resonates with the farming clients she serves, because they find joy in sharing their gifts.

Making charitable gifts that occur upon death is one of the easiest, and perhaps one of the most flexible ways that your clients can make a difference through charitable giving. Donors make these gifts through their will or living trust, or by making a charity the beneficiary of their IRA, 401(k) and 403(b) plans, annuities or other qualified assets to a donor advised fund.

Kathryn Ulvilden Moen’s lifelong passion for music was evident throughout her St. Paul, Minn. home. A cello sat in her living room, bookshelves held stacks of sheet music and a set of organ pipes eight feet high made up an entire wall.

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