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- Scholarship for Young Runners Established With CTF
- End Of The Year Tax Planning
- Dementia Affects Everyone
- Tax Credits for Donations to Mineral County Meals on Wheels Program
- CTF Grants to Needs-Based Programs
Scholarship for Young Runners Established With Community Trust Foundation
Running enthusiasts Norman and Patty DeRosa have established a college scholarship to remember their late daughter and to honor another Frostburg resident as a means to encourage young runners to work hard and pursue their dreams.
The DeRosa’s collaborated with the Community Trust Foundation to create Katie and Molly’s “I Run Because I Love It” Scholarship in tribute to their daughter, Katie, and Molly Offstein, both of whom were outstanding teenage runners.
“The scholarship is an opportunity to introduce others to these amazing young women with the hope that they may be inspired by the drive, grit, and humanity the girls demonstrated in their lives,” shared Mr. DeRosa. The name of the scholarship was inspired by one of Katie’s poems.
The Frostburg couple began the fund to benefit students in a four-county area as they recognize two young women who demonstrated kindness, hard work, determination, and a strong sense of community and family as well as a love for running. Sadly, Katie and Molly were tragic victims of road-running accidents.
Katie DeRosa was fatally struck by a car while training for her freshman year at Beall High School in 1998. After attending a runners camp the year before, she was excited to have found her place among like-minded teenagers who enjoyed the sport of running.
Katie achieved much in her 13 years. In addition to being a promising athlete, she was an accomplished violinist, an award-winning writer, a person of faith as well as a special friend and family member. As an organ donor, Katie gave the gift of renewed life to 5 people at her passing.
Molly Offstein, along with her older sister, Maddie, were standout runners at Mountain Ridge High School. Between them, they won five state championship titles and earned runner-up finishes, school records, and national elite times.
Coached by Norm DeRosa, Molly was inspired by Katie’s story and achieved much in her four years of secondary education. She served in student government and the National Honor Society and graduated as valedictorian of her high school class.
While a freshman at Elon University in 2017 Molly was struck by a car as she crossed a road on a morning training run. Although she survived life-threatening injuries, Molly confronts lingering disabilities as a result of trauma to her brain, spine and pelvis.
In spite of these challenges, Molly continues to inspire and enlighten others through her determination and perseverance. Through this scholarship, Molly’s story serves to encourage runners to live out a dream cut short for her and Katie and to further their athletic and academic pursuits beyond high school.
Katie and Molly’s “I Run Because I Love It” Scholarship will be awarded annually to two graduating seniors who have participated in at least two years of cross country or long-distance track events at a high school in Allegany, Garrett, Hampshire, or Mineral counties.
In addition to their athletic activities, applicants should exhibit leadership, describe community involvement and demonstrate financial need. The first scholarships will be awarded for the 2021-22 academic year and the deadline to apply is April 1, 2022. High school guidance offices can provide applications and additional information.
The Community Trust Foundation welcomes gifts from donors who are committed to causes in Allegany, Garrett, and Mineral counties. CTF connects philanthropy for community good through grants to local nonprofit organizations that are working to build stronger communities. For more information call 301-876-9172.
To donate to the Katie & Molly’s “I Run Because I Love It” Scholarship Fund Click Here
Caption: Katie DeRosa, portrait by Moriah K. Photography; Molly Offstein
End Of The Year Tax Planning
Here are a few simple ways to make a lasting impact in your community all the while reducing your taxes.
1. Care for Your County: Make a tax-deductible contribution to Community Trust Foundation (CTF) and direct your contribution to the county fund of your choice (Allegany, Garrett or, Mineral). Your gift will be used to target the opportunities and challenges you care most about in your county.
2. Support Seniors: WV residents giving $500 or more to the Mineral Co. Meals on Wheels Fund can earn a 50% West Virginia tax credit to reduce their liability for West Virginia Personal Income Tax or Corporate Net Income Tax.
3. Donate your RMD: If you are 70 ½, there is still time to donate all or part of your required minimum distribution (RMD) from your Individual Retirement Account (IRA) to a qualified nonprofit such as CTF. You not only lower your taxable income but also benefit the region you call home. Consult your tax professional for proper transfer procedures.
Avoid the last-minute rush, make your contribution before December 15, 2021. To enable quick processing of your donation, give online under the GIVE tab.
RMD and check contributions should be made payable to CTF and mailed to 112 Baltimore Street, Cumberland, MD 21502.
Have questions? Please call us at (301) 876-9172.
Tax Credits for Donations to Mineral County Meals on Wheels Program
The Community Trust Foundation (CTF) has received $5,000 in tax credits from the State of West Virginia to incentivize contributions made to the Mineral County Meals on Wheels program fund.
Contributions of $500 or more are eligible to receive up to 50% of the contributed amount in the form of West Virginia state tax credits to apply to WV Personal Income Tax or WV Corporate Net Income Tax. A $1,000 gift translates into an actual $500 savings in West Virginia state taxes.
“These tax credits reward donors for contributions that will benefit the greatest needs in their community,” says CTF executive director Leah Shaffer. The Meals on Wheels program run by the Aging and Family Services of Mineral County, delivers more than 30,000 hot meals to low income seniors and is critical to providing proper nutrition and safety checks to some of the most vulnerable at this time. “Let’s not forget those who need us, particularly during these times when the protection of our elderly population’s health is crucial,” Shaffer prompts.
Louie Kitzmiller, Director of Finance and Human Resources for Aging and Family Services of Mineral County stated, “We’re pleased to continue working with Community Trust Foundation for the fifth year as we ask local residents and businesses to support this important community program.” To find out how you or your business can participate please contact Mr. Kitzmiller at firstname.lastname@example.org (304) 788-5467 ext. 110 or the Community Trust Foundation at email@example.com
“All of us feel the immediate internal reward of giving to others, but this program adds a bonus — a financial reward come tax season!” adds Shaffer.
CTF serves Allegany, Garrett, and Mineral Counties with the mission of strengthening the region by working in partnership with donors and community groups. CTF establishes permanent funds through local donors and grants to local nonprofits working to build a stronger community. Connecting Philanthropy with Community Good, visit www.ctfinc.org or call 301-876-9172.
Community Trust Foundation Grants to Needs-Based Programs
The Community Trust Foundation’s (CTF) Ted A. Wolfe Fund has granted the Judy Center $5,000 for their Childcare Assistance Program. This grant will help families, on a case by case basis, afford childcare so they can remain employed or enrolled in an educational program.
Funding from CTF’s Healthcare Fund and Lancelotta Health Care Fund provided $5,000 for Associated Charities’ Short-Term Emergency Prescription Program. The program provides emergency medications to low income, uninsured, and under insured residents of Allegany County.
The Community Trust Foundation connects philanthropy for community good in Allegany, Garrett, and Mineral Counties and is a way for local donors to give back to their community.