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Up Close

Adding adult children to accounts can be problematic

Power of attorney can serve intended purpose
November 9, 2023
Beau Ruff

Many of us choose to put a child’s name on the account. And we choose the most responsible child to handle that duty. This plan is fraught with potential problems, but the good news is that a better solution exists.


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Historic buildings face hurdles for energy-law compliance

Some older structures may qualify for exemptions under Commerce’s rules
November 9, 2023
Erica Bullock

Historic building owners may find there are additional challenges to meet Washington state’s upcoming energy-performance standards that nonhistorical building owners won’t have to contend with.


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Giving appreciated stock can have tax benefits

Donor-advised funds strategy can enable multiyear deductions
October 26, 2023
Beau Ruff
Giving appreciated stock in a company might be the right path for a business owner who is looking toward selling interest in a business with an inclination toward charitable giving and a desire to save money on taxes. For an explanation based on an
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Private donors help fill health care revenue gap

Pandemic has changed fundraising to smaller, more personal activities
October 26, 2023
Colleen Fox
Most nonprofit organizations rely on the generosity of their neighbors to fulfill their mission, and health care is no different. Private donations help fill the gap between revenue and the rest of the operating budget.
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Dylan Harris

Women & Children's Free Restaurant surpasses 1M meals a year

Spokane nonprofit sees tenfold jump in demand since pandemic's onset
October 26, 2023
Dylan Harris
Women & Children's Free Restaurant & Community Kitchen provides about 10 times more meals now than it did prior to the pandemic, and that isn't expected to change anytime soon. 'Our meal count went up from about 100,000 a year to over a million
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Dollars up, donors down at INW universities

Record-setting gift totals at INW universities have originated from fewer contributors
October 26, 2023
Erica Bullock
Despite a record-breaking year for donations at some Spokane-area universities, many higher education institutions are facing a decline in donor numbers-a worrying trend for the continued sustainability of major gifts, some university leaders here say.
Read More
Karina Elias

Re*Imagine Medical Lake steps in for wildfire victims

Nonprofit pivots focus to residents devastated by summer's Gray Fire
October 26, 2023
Karina Elias
In the aftermath of the Gray Fire that destroyed 240 homes in and around Medical Lake over the summer, Re*Imagine Medical Lake has partnered with the city, churches, businesses, and other nonprofits to coordinate resources available for the victims, says
Read More

Surf's Up: Internet car shopping remains prevalent post-COVID

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October 12, 2023
Dylan Harris
When COVID-19-related shutdowns and restrictions hit the automotive industry in 2020, dealerships were forced to transition to more of a web-oriented sales strategy. With the pandemic now in the rearview mirror, some in the industry here say the recent
Read More
Karina Elias

Hot Rod Company to expand to $3M Valley facility

Custom engine builder to have new showroom, full-service machine shop
October 12, 2023
Karina Elias
The West Coast Performance Co., a Spokane Valley-based builder of custom high-performance engines, has been growing in revenue by 40% annually for the past five years, says JR and Katie Roby, the company's co-founders and owners.
Read More
Erica Bullock

Demand for RVs declines in INW

High cost of fuel, rising interest rates expected to continue in '24
October 12, 2023
Erica Bullock
Growing fuel costs and rising interest rates have been slowing consumer demand for recreational vehicles and limiting sales this year, says Tony Strand, co-owner of Airway Heights RV. 'It seems like the number one roadblock to people wanting to
Read More
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