Complex sentence: Bagelfest attendees donated enough money to fully cover the cost of the festival; in the years to come, the Jazz Appreciation Club hopes to raise enough money to donate all proceeds to various charitable organizations that expand jazz literacy in younger generations.
Split into simpler sentences: Bagelfest attendees donated enough money to fully cover the cost of the festival. In the years to come, the Jazz Appreciation Club hopes to raise enough money to donate all proceeds to various charitable organizations that expand jazz literacy in younger generations.