Posted by: danielrashke | August 23, 2019

Champions for Change

United Way season is officially underway. Here at TASC, our employees were engaged in a “Let’s Rock for Change” campaign. They participated in lots of fun rock ‘n’ roll–themed activities to raise funds, including karaoke, Name that Tune trivia, a visit from Elvis, and a rock star casual day. Our employees live and work across the country, so when TASC supports the United Way, we are making a national impact.

One of our remote employees is currently taking a hands-on approach to support transformative change in her community. Sheila Vetrone of our Enterprise Risk Management department is serving as the 2019 loaned executive for the Oshkosh [Wisconsin] Area United Way from August through October.

2019-08-23 Sheila Vetrone

Sheila Vetrone and Oshkosh Area United Way campaign champions decorate bags for ADVOCAP Home Delivered Meals.

Sheila says giving back is central to her life. She and her children volunteer monthly at a community clothes closet, for three years she has chaired a large charity auction for a local women’s organization, and she is a longtime United Way donor. When she saw the TASC Cares opportunity to apply for the United Way loaned executive role, she knew the timing was right make a bigger difference.

Shelia’s enthusiasm, passion and initiative secured her spot. These qualities will serve her well because she is the Oshkosh Area United Way’s first loaned executive. She will be building the program from the ground up and then connecting with local employers to help ensure its future success. This is in addition to a loaned executive’s typical outreach to help coordinate workplace giving campaigns and broaden support for the United Way. Sheila is excited to help out in any way she can.

TASC has loaned several of our employees to various United Ways throughout the years. This program provides a personal and professional development opportunity that benefits the individual participant as well as our organization. Employees return to TASC with enhanced skills in areas such as sales and marketing, public speaking, project management, team-building, and networking. Now that’s a win for doing good.

Posted by: danielrashke | August 2, 2019

Advocating for Change

2019-06 DC Meets Madison v2

2019 DC Meets Madison attendees, credit: Greater Madison Chamber of Commerce

Earlier this summer, TASC was one of the sponsors for the Greater Madison Chamber of Commerce’s DC Meets Madison event on Capitol Hill. Kudos to the Chamber for record attendance and a full schedule of learning and networking opportunities. I attended the event with my wife Patti, each of us wearing hats as co-owners of TASC as well as co-founders of The Greater Give.

2017-09-14 TGG_Logo

The Greater Give is a nonprofit organization with the simple mission to compel more giving. We are fortunate to have the Chamber on our side, incorporating in its Legislative Agenda “support [for] innovative ways to expand charitable giving that make philanthropy more accessible and inclusive.” While the Chamber advocates for policies that support economic growth and progress at all levels of government, the DC Meets Madison event provided an opportunity to get our voices heard at the federal level.

How does The Greater Give propose to “make philanthropy more accessible and inclusive?” We are championing a piece of legislation called the Everyday Philanthropist Act, which aims to democratize giving by empowering everyday, working Americans to give back to the charities of their choice. The bill proposes an innovative amendment to the Internal Revenue Code that would enable pre-tax payroll deduction for employee giving through Flexible Giving Accounts (FGAs).

On July 25, we received word that the Everyday Philanthropist Act (H.R. 4002) was reintroduced in the House of Representatives by Congressmen Vern Buchanan (R-FL) and Tom Suozzi (D-NY). The Greater Give is grateful for their leadership in introducing this bipartisan, commonsense legislation. Both Congressmen are members of the House Ways and Means Committee, which is important for a bill that impacts tax revenue.

According to the current tax code, only those in the highest tax brackets can lower their income taxes by making charitable donations. But with an FGA established through their employer, eligible employees would be able to allocate a portion of their paycheck pre-tax to one or more charities of their choice. Because this will reduce their taxable income, it will increase their take-home pay. If this type of account sounds familiar, it’s because it’s modeled after popular tax-favored accounts for employee healthcare and retirement. So, both employees and employers will have no trouble understanding how it works.

With FGAs, employers will have a benefit offering that can help obtain, retain and engage employees. And as a further incentive, they gain businesses value in the lowering of the company’s payroll taxes.

We envision this as a shared responsibility model between employers, employees, charities, and the government. We truly believe that empowering Americans as Everyday Philanthropists will have a transformative effect on our communities.

Posted by: danielrashke | July 24, 2019

Welcoming A Distinguished Guest

2019-07-22 Dan Rashke, Senator Mark Miller, Cliff Mason

Dan Rashke, Senator Miller, and Cliff Mason

TASC was pleased to welcome Wisconsin State Senator Mark Miller for a recent tour of our corporate headquarters. The tour included a stop at the former Oscar Mayer plant, a leased space where TASC employees built our innovative Universal Benefit Account in a startup-style environment.

Senator Miller is more than the representative of the district where TASC is located. He has also been a satisfied customer of benefit administration services provided by TASC to State of Wisconsin employees. Further, he completely understood our need for more space to continue our growth and to provide good jobs in the area.

This visit provided a behind-the-scenes glimpse of how we operate, the history we’ve built upon and the future we’re building towards. Senator Miller thought he knew a fair amount about TASC before he arrived, so it was great to hear him say, “The more I learn, the more impressed I am with TASC.”

Thank you, Senator Miller. We appreciate your support.

 

Posted by: danielrashke | July 10, 2019

The Tale of TASC

TASC_Back40_Digital_CoverTASC has been an innovator in business for nearly 45 years. The small insurance agency started by my father, Don Rashke, in Stevens Point, Wisconsin has evolved into the nation’s largest privately held third-party administrator of tax-advantaged employee benefits, headquartered in Madison, Wisconsin.

Local writer Doug Moe first recognized that TASC had a story to tell. He took a deep dive into our history, conducted numerous personal interviews, and managed to make a TPA into a page-turner. In “The Back 40: TASC’s Story,” Doug writes of entrepreneurship, innovation and fortitude, and the many people who have played a part in our journey.

I invite you to read our history and learn how TASC continues to evolve. Copies of “The Back 40: TASC’s Story” are available on eBook platforms such as Apple Books, Google Play Books, Amazon Kindle, and Barnes & Noble Nook.

Posted by: danielrashke | July 3, 2019

Collaboration Within the Madison Business Community

2019-06-20 Mayor's priorities

Mayor Satya Rhodes-Conway

I recently began my term on the Board of Directors for the Greater Madison Chamber of Commerce. This role presents rich opportunity to collaborate with a diverse group of business leaders focused on improving the community and economic climate of the region.

Case in point: the June session of the Chamber was a great meeting that included a presentation by Satya Rhodes-Conway, Mayor of Madison. She shared six priorities for the city:

1. Climate Change
2. Grow & Diversify Housing Stock
3. Implement Bus Rapid Transit
4. Address Disparities
5. Community Engagement
6. Collaboration

Of our global support for these priorities, the area that resonates most prominently is that of collaboration. We must join together to support wealth-building across the community, and help each other thrive.

During the meeting, the Mayor noted her support for the DreamUp Wisconsin initiative, which sent two teams to pitch Schmidt Futures for funding of their innovative ideas to raise the net income of middle-class households in Dane County. Traveling to New York City on behalf of the Madison business community were the Mayor, myself (TASC), and Scott Resnick of Hardin Design & Development.

Hardin was involved with the LIFT Dane team, and TASC was there with We Care for Dane Kids. Our team had a multi-pronged approach to alleviate the high cost of daycare, and TASC provided expertise on making dependent care benefits more accessible.

2019-06-07 Pitch team to Schmidt Futures

We Care for Dane Kids team with the Mayor

In an incredible win for DreamUp Wisconsin, both LIFT Dane and We Care for Dane Kids were awarded funding from Schmidt Futures.

Now that the competition is over, the real work will begin. And without a doubt, collaboration among the Madison business community will be key to sustaining these efforts.

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