With the new SECURE ACT that went into effect in December 2020, the rules around your retirement account (Traditional IRA/401K) have been re-written. Here’s one thing you need to know! Individuals[1] (excluding spouses) who inherit a retirement account from a loved one must now distribute the entire amount within 10 years of the owner’s death! …
Spectrum today announced that five different Boys & Girls Club organizations in Tennessee have each received $6,000 Spectrum Digital Education grants (totaling $30,000) as part of its five-year, $7 million commitment to digital education in Spectrum communities across the country. Representatives from Spectrum joined Ryan Hughes, Executive Director for Boys & Girls Clubs in Tennessee …
For many reasons 2021 is another year to reflect upon. While you may want to forget many things aboutit, you should keep in mind from a charitable perspective that 2021 has extended several uniquecharitable giving options that will expire at the end of the year. The Consolidated Appropriations Act (CAA) extended numerous provisions contained in …
Ford’s cyber-orange 2021 Bronco, “Black Diamond Edition,” goes to family with a heart for improving kids’ lives Madisonville, TN—Ellijay, GA resident and foster parent, Dustin Long, was the lucky ticket holder whose name was drawn at the Monroe Area Clubs Annual Auction on Saturday night, August 14. For the last 22 years, Boys & Girls …
EXCITING NEWS! At our July 2021 Board Meeting, we had the privilege of introducing the newest member of our Administrative team, Jay Duggan! Jay will be serving in a part-time/consulting role, primarily as our Legacy Giving Consultant. When you begin the legacy planning process, you are helping ensure that the future needs of our youth …
In 2007, First Cumberland received a generous bequest (property given by will) from the estate of two church members, Paul and Juanita Hays. The gift was a large one, and for Rev. Jennifer Newell and the First Cumberland leaders, the possibilities seemed endless! However, before they made any decisions about how best to use the …
If you aren’t from Monroe County, you may not know the name Eric Hazuda, but you should. Eric is our Monroe County Board Chair. In fact, Eric serves on several boards in Monroe County—MACA, BGCOR, Kiwanis, and more—really too many to name. But he’s so much more than just a Board Member. For example, each …
George Thomas has been a facilities engineer for a long time. But even with all of his advanced planning, analysis, and logistics skills, he couldn’t possibly have known that his volunteering to create a lottery ping-pong ball machine for a fundraising event would lead to such a consuming passion to help kids in Meigs County, …
We’re Excited to Announce That We Are Re-Opening with a Modified Summer Program for Youth After Governor Bill Lee announced Tennessee’s plans to reopen the state, businesses are slowly starting to resume operations while adjusting their models and strengthening security efforts to combat the further spread of the coronavirus pandemic. With the safety of its …
June 1, 1964 was a cool, cloudy Monday (just 68°). Spring was ready to make way for the summer heat. Both the Rolling Stones and the Beatles launched rock-n-roll’s “British Invasion” of the United States, revolutionizing music, and world heavyweight boxing champion Muhammad Ali had revolutionized boxing, even declaring himself “King of the World” on …
