Hudson’s spirit of philanthropy continued to gain momentum in 2018, with a strong showing of support for local causes through the Hudson Community Foundation.
Throughout 2018, more than 600 Hudson individuals, families, businesses and organizations made contributions to Hudson Community Foundation initiatives, including its NOW fund (benefitting current community needs), the Kathy Miceli Memorial Scholarship Fund, 100WomenStrongOHIO giving circle, Hudson City Schools Student Assistance Endowment Fund, Hudson Prevention and Addiction Resource Fund and the Hudson Fireworks Endowment.
Of those total contributions, more than 230 were first-time donations to the Hudson Community Foundation.
"We sincerely thank everyone who so generously contributed to our annual fund drive and other initiatives last year," said HCF President Amy Jordan. "Our foundation’s mission is to help Hudson sustain and improve the quality of life that we all enjoy."
HCF focuses on funding local projects in arts and culture, historical and environmental preservation, prevention and addiction, social services and youth, education and recreation. In 2018, the foundation’s competitive grants program awarded $36,500 to 14 local non-profit organizations. In addition, about $200,000 was distributed within Hudson from donor-advised funds, endowment funds, scholarship funds and other funding mechanisms held and administered by HCF.
Contributions to and through HCF can take a variety of forms. As one example, individuals who are 70-and-a-half years or older and need to satisfy a required minimum distribution from an IRA can transfer dollars or stock directly into one of the foundation’s funds or endowments generates in a manner that creates neither taxable income nor a tax deduction. Thus, the individual can benefit even without itemizing deductions.
Contributions to HCF can be made online at www.myhcf.org or by calling the Foundation at 330-655-3580.
Founded in 2000, Hudson Community Foundation’s mission is to enhance the quality of life in Hudson by increasing charitable giving, educating and connecting donors to community needs and leading on community issues. Supported by hundreds of local donors and Donor Advised Funds, HCF ended 2017 with total assets of $19.4 million.
The foundation operates from an office in the historic Baldwin House on Hudson’s village green and is governed by a volunteer board of directors.