ECCF open house

Executive Director Paula Fritz Eddy invites the public to the Elk County Community Foundation offices in the Franklin Center at 32 S. St. Marys St., St. Marys, for an open house and Pay It Forward educational event from 2 to 7 p.m. Monday, Nov. 19.

ST. MARYS — The Elk County Community Foundation has decided to reach out to the community, share what it does and let the public know how they can help.

“Our board of directors had a strategic planning meeting. We decided we needed to be more public,” Executive Director Paula Fritz Eddy said. “One of our goals is to let the community know what we do, so this group came up with the open house concept.”

The organization will hold a Pay It Forward event from 2 to 7 p.m. Monday, Nov. 19, at the Franklin Center at 32 S. St. Marys Street in St. Marys. The event will feature an open house, speakers and information about organizations that have an endowment fund with the foundation.

“It’s the first of it’s kind, the first time we’ve ever done anything like this,” Fritz Eddy said. “It’s free education. We hope it goes well and we’ll do other educational events.”

The event is all about informing the public both about the foundation and the organizations that utilize it, and on charitable giving, wills and estate planning in general.

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“(Speakers) are really just talking about pre-planning and that sort of thing. We’re looking at people who don’t have an accountant or a lawyer they just call.” Fritz Eddy said. “We also decided we wanted to feature some of our agencies that have come to us and currently have endowments here, and provide information for other agencies to see the possibilities they might have with an endowment here.”

Speakers include Padraic McGrath of McGrath CPA who will discuss 2018 changes to tax laws maximizing charitable giving. Thomas C. Hoffman II of Knox McLaughlin Gornall & Sennett will discuss creating wills and estate plans and how to include giving to charity in those plans. McGrath will speak at 4 and 6 p.m. and Hoffman will speak at 3 and 5 p.m.

“People think that they have to be rich, that they have to have lots of money, to give” Fritz Eddy said. “That’s not true at all. Some people worry about, ‘Well what if I need it for something like medical issue and it’s tied up?’ And it all depends on how it’s written whether it’s tied up.”

Fritz eddy said an additional step the foundation has taken to help inform the public on what it does has been to launch a new website at www.elkcountyfoundation.org. Additional information on the Pay It Forward event, and the organization in general, can be found on the website.

For more information contact the Elk County Community Foundation at eccf@elkcountyfoundation.org or call 814-834-2125.

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