logo
Scioto Foundation makes progress possible

Scioto Foundation makes progress possible

Yahoo30-03-2025

There is an abundance of nonprofits accomplishing massive feats in the area, hosting massive events and festivals, developing parks and public spaces and more. While a lot of the positivity that happens starts with a lot of fundraising, grant writing and generous donors, most accomplishments are possible thanks to support from the Scioto Foundation, which offers scholarships, grants and holds endowments.
2024 was a great year for the organization from the start, as the organization entered its 50th anniversary, having received their IRS determination letter May 30, 1974.
An anniversary banner year 2024 was, too, with 20 new funds started. The Foundation stated 12 of these funds were scholarships, one was a designated fund, five organizational endowments, and two donor advised funds.
The Scioto Foundation received a total of $2,976,199 in donations last year. $209,800, or 7 percent, of which was received during Scioto Gives alone. They also celebrated 177 first-time donors.
Of course, the organization didn't only receive money. It also awarded 68 grants in 2024, with an overall value of $525,299. According to the Foundation, the average grant award was $7,724.99, the maximum award was $50,000 and the smallest was $1,255.
Most of their grants are awarded during quarterly grant cycles, where community arts receive funding, local beautification and event hosts are supported, social service programs with endowments receive assistance and more.
'Each year, the Scioto Foundation receives around 70 grant applications and typically funds 80 percent of them either partially or in full, depending on the amount requested and the amounts available for distribution,' Executive Director Kim Cutlip said. 'If grants are rejected, our scholarship and grant coordinator, Ginnie Moore, is always willing help applicants with future grant requests.'
Grants will only be made to organizations having recognition under section 501©3 of the Internal Revenue Code.
The funding cannot be used for administrative support, unless it comes from a specific endowment that allows for that usage.
Typically, the Foundation supports projects within the realms of education, healthcare, community development, economic development, arts and culture, social services and civic benefit. Additionally, these proposed projects must not have been already completed before application; they do not allow for reimbursement.
Applicants must also attach supporting documents of tax-exempt status, financial documents, and more. These supporting document requirements can also be found on their website. For a full list of rules, regulations, tips and notes, visit the Scioto Foundation website at sciotofoundation.org. This is also where you'll find grant applications.
An application must come with five copies of the grant, along with the original, which is due to the Scioto Foundation on quarterly dates of March 31, June 30, Sept. 30, and Dec. 31.
Scholarships are an important element of the foundation's identity, and they continued handing out plenty in their 50th year. Many of these funds are started by families and friends of loved ones in their honor and the students benefiting from these funds keep their spirit alive by accomplishing work or educating themselves in a topic that was important to the scholarship's namesake. 665 individual scholarships were awarded totaling $836,313. UCAN scholarships represented 13 percent of the total or $106,230.
The foundation also received 718 vouchers and made $1,675.230.99 in total grant payments, ending the year with assets of $64,440,799.
'2024 was another wonderful year for the Scioto Foundation and we look forward to having the same in 2025. Thank you to our many donors, local schools, nonprofits, committee members, and of course our terrific board for all their contributions to the Foundation and our community,' Cutlip said. 'Last, but not least, thank you to the hard work of team Scioto Foundation. We are a small but might group of dedicated people that care deeply about our community.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Senate Confirms Billy Long As The Next IRS Commissioner
Senate Confirms Billy Long As The Next IRS Commissioner

Forbes

time2 hours ago

  • Forbes

Senate Confirms Billy Long As The Next IRS Commissioner

WASHINGTON, DC - MAY 20: Former Rep. Billy Long (R-MO), U.S. President Donald Trump's nominee to be Internal Revenue Service Commissioner, speaks during a Senate Finance Committee nomination hearing on Capitol Hill on May 20, 2025 in Washington, DC. (Photo by) Getty Images The Senate has confirmed former U.S. Representative Billy Long of Missouri as the next commissioner of the Internal Revenue Service (IRS). The vote was 53-44 along party lines, with all Republicans in the Senate voting yes—all of the no votes came from Democrats. The vote puts a period on a process that had grown contentious at times. President Donald Trump announced Long's nomination in December of 2024, even though Danny Werfel was then serving a term as IRS Commissioner that would normally run until late in 2027. Werfel subsequently announced his resignation, effective January 20, 2025. Since Long had not yet been confirmed at that time, Werfel was replaced by Doug O'Donnell, who had served as Acting Commissioner following Werfel's departure. O'Donnell left his position on February 28, 2025 and was replaced by then IRS Chief Operating Officer Melanie Krause. Krause announced her departure in April 2025, following the tax agency's agreement to share immigrant tax data with Immigration and Customs Enforcement (ICE). Michael Faulkender joined the revolving doors at the IRS as the Acting Commissioner on April 18, 2025—he has been in the position since that time. Long will now officially take the reins at the tax agency. Long does not have any formal training in tax, law, or accounting, does not have a college degree, and never served in Congress on a tax writing committee. He dropped out of the University of Missouri before returning to school—this time, to an auction training program at the Missouri Auction School. He was told, he explained to Auctioneer Magazine, that it was the "Harvard of auctioneering schools.' There, he earned his Certified Auctioneer designation. Once he made the career switch to auctioneering, Long says he averaged about 200 auctions per year for 20 years. Today, he is in the National Auction Association Hall of Fame. In 2010, Long was elected as the U.S. Representative of Missouri's 7th Congressional District, serving until 2023. He subsequently ran for the U.S. Senate in 2022 but lost in the Republican primary. While in the House, Long served on the Committee on Energy and Commerce, the Committee on Transportation and Infrastructure, the Committee on Homeland Security, and the Republican Steering Committee. He did not serve on any tax or finance committees. However, he was awarded the "Tax Fighter Award" by the National Tax Limitation Committee (the organization appears to no longer exist—its former website now points to a Thai gambling site). IRS Commissioners are appointed for a five-year term that runs from the date of appointment (as opposed to the date of Senate confirmation). Before Trump's announcement, Werfel had previously indicated that he intended to serve out his term, which was slated to expire in 2027. Before Werfel, Charles Rettig, a tax lawyer and Trump appointee, served as Commissioner. Rettig left office on November 12, 2022, at the end of his term, which began on October 1, 2018, after he was confirmed. Long was confirmed despite concerns about his ties to companies that promoted controversial tax credits, including a nonexistent 'tribal tax credit and the employee retention tax credit (ERC). Senator Ron Wyden (D-Ore.), the Ranking Member of the U.S. Senate Committee on Finance, pulled no punches at Long's May 20 confirmation hearing, saying, 'Congressman Long's experience with tax issues came after he left Congress, when he dove headlong into the tax scam industry.' Democrats also expressed concern that Long might allow political interference from the White House at the tax agency, an issue that has been in the spotlight more since Trump threatened to revoke Harvard University's tax-exempt status. Long has reposted social media posts critical of Harvard, Columbia, and other tax-exempt organizations. When questioned about the issue by Sen. Elizabeth Warren (D-Mass.), Long initially suggested that he would seek legal advice to determine whether it would be appropriate for the president to direct the IRS to conduct an investigation or audit. Long replied, 'I'm gonna follow the law, and if that's the law, yes.' Warren confirmed that it was the law, reading aloud part of the statute (Section 7217), which she had sent to him in advance. Since Long is serving out the remainder of Werfel's term, he is expected to serve through November 12, 2027.

Your Tax Transcript Could Reveal More Than You Think – Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement
Your Tax Transcript Could Reveal More Than You Think – Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement

Indianapolis Star

time9 hours ago

  • Indianapolis Star

Your Tax Transcript Could Reveal More Than You Think – Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement

Clear Start Tax Reveals How Hidden Red Flags in IRS Records Can Trigger Enforcement – and Why Reviewing Your Transcript Is the First Step Toward Resolution IRVINE, CA / ACCESS Newswire For many taxpayers, the term 'IRS transcript' sounds like a dry document meant for accountants or audits. But according to Clear Start Tax, this internal report could be the most important tool in identifying what the IRS knows, what they're watching, and what may be coming next. Often overlooked or misunderstood, a tax transcript is a line-by-line history of how the IRS sees your account, and it's where red flags, errors, and silent collection activity first appear. 'A lot of people wait for a scary IRS letter in the mail,' said the Head of Client Solutions at Clear Start Tax. 'But by the time the letter arrives, the IRS may have already made a move. The transcript tells the story before enforcement begins if you know how to read it.' What Is an IRS Tax Transcript – and Why It Matters An IRS tax transcript is a downloadable record that shows return information, wage reporting, payment history, refund activity, and internal IRS codes tied to collections or audits. Clear Start Tax says it's one of the first documents they pull when reviewing a client's case. Taxpayers can request their transcript online at or by submitting Form 4506-T. There are several types, but the Account Transcript and Wage & Income Transcript are often the most revealing. What Red Flags Could Be Hiding Inside Clear Start Tax warns that IRS systems rely heavily on automation, and transcripts can silently show when a taxpayer's account is being reviewed, flagged, or prepared for enforcement. Key signs that may appear in a transcript: 'We've seen transcripts where the client had no idea they were on track for garnishment,' said the Head of Client Solutions at Clear Start Tax. 'But the IRS had already processed flags and updated their status behind the scenes.' Errors You Might Not Know Exist Many clients are shocked to learn that their transcripts contain clerical mistakes, misapplied payments, or unfiled returns they thought were submitted. In some cases, wage data is incorrect, or the IRS has assessed tax based on substitute returns without deductions, inflating the amount owed. These inaccuracies can cause enforcement to escalate, even when the taxpayer thought they were compliant. By answering a few simple questions, taxpayers can find out if they're eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt. How Clear Start Tax Uses Transcripts to Protect Clients Clear Start Tax begins every resolution case with a full transcript audit, reviewing IRS activity, matching it with client documentation, and identifying risks before they lead to liens or levies. This proactive approach allows their team to: Flag inaccurate balances or dates Correct reporting issues and reestablish compliance Identify program eligibility (like Fresh Start or hardship status) Halt enforcement by addressing problems early About Clear Start Tax Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry. Need Help With Back Taxes? Click the link below: (888) 710-3533 Contact Information Clear Start Tax Corporate Communications Department seo@ (949) 535-1627 SOURCE: Clear Start Tax View the original press release on ACCESS Newswire

Your Tax Transcript Could Reveal More Than You Think - Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement
Your Tax Transcript Could Reveal More Than You Think - Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement

Miami Herald

time9 hours ago

  • Miami Herald

Your Tax Transcript Could Reveal More Than You Think - Clear Start Tax Explains Hidden IRS Red Flags That Can Trigger Enforcement

Clear Start Tax Reveals How Hidden Red Flags in IRS Records Can Trigger Enforcement - and Why Reviewing Your Transcript Is the First Step Toward Resolution IRVINE, CA / ACCESS Newswire / June 13, 2025 / For many taxpayers, the term "IRS transcript" sounds like a dry document meant for accountants or audits. But according to Clear Start Tax, this internal report could be the most important tool in identifying what the IRS knows, what they're watching, and what may be coming next. Often overlooked or misunderstood, a tax transcript is a line-by-line history of how the IRS sees your account, and it's where red flags, errors, and silent collection activity first appear. "A lot of people wait for a scary IRS letter in the mail," said the Head of Client Solutions at Clear Start Tax. "But by the time the letter arrives, the IRS may have already made a move. The transcript tells the story before enforcement begins if you know how to read it." What Is an IRS Tax Transcript - and Why It Matters An IRS tax transcript is a downloadable record that shows return information, wage reporting, payment history, refund activity, and internal IRS codes tied to collections or audits. Clear Start Tax says it's one of the first documents they pull when reviewing a client's case. Taxpayers can request their transcript online at or by submitting Form 4506-T. There are several types, but the Account Transcript and Wage & Income Transcript are often the most revealing. What Red Flags Could Be Hiding Inside Clear Start Tax warns that IRS systems rely heavily on automation, and transcripts can silently show when a taxpayer's account is being reviewed, flagged, or prepared for enforcement. Key signs that may appear in a transcript: Transaction codes showing levy or lien preparationMissing filings or unreported 1099/W-2 incomeRefund holds or offsets due to outstanding balancesSubstitute for Return (SFR) assessments when no return is filedPayment reversals or dishonored payments the IRS sees as non-compliance "We've seen transcripts where the client had no idea they were on track for garnishment," said the Head of Client Solutions at Clear Start Tax. "But the IRS had already processed flags and updated their status behind the scenes." Errors You Might Not Know Exist Many clients are shocked to learn that their transcripts contain clerical mistakes, misapplied payments, or unfiled returns they thought were submitted. In some cases, wage data is incorrect, or the IRS has assessed tax based on substitute returns without deductions, inflating the amount owed. These inaccuracies can cause enforcement to escalate, even when the taxpayer thought they were compliant. By answering a few simple questions, taxpayers can find out if they're eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt. How Clear Start Tax Uses Transcripts to Protect Clients Clear Start Tax begins every resolution case with a full transcript audit, reviewing IRS activity, matching it with client documentation, and identifying risks before they lead to liens or levies. This proactive approach allows their team to: Flag inaccurate balances or datesCorrect reporting issues and reestablish complianceIdentify program eligibility (like Fresh Start or hardship status)Halt enforcement by addressing problems early About Clear Start Tax Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry. Need Help With Back Taxes? Click the link below: 710-3533 Contact Information Clear Start TaxCorporate Communications Departmentseo@ 535-1627 SOURCE: Clear Start Tax

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store