Keep your eye on clients’ appreciated stock
The Difference a Year Can Make In August 2022, markets were down 12% for the year and inflation was up 8.3% year-over-year. Perhaps consequently, but then unknown, annual charitable giving…
Legacy Giving: A Conversation That’s Full of Opportunity
August is National Make-A-Will Month This means your clients may be reading articles and hearing about estate planning more this month than usual, which makes the next couple of weeks…
Structuring Multi-Generational Philanthropy with a Donor Advised Fund
Helping Your Clients Get Organized Instilling the idea of charitable giving in children and grandchildren at first blush may appear to be easy, but where to begin, and how to…
How “Catch-Up” Contributions Can Boost Clients’ Giving
Partnering to help clients achieve charitable goals At the community foundation, we regularly partner with professional advisors to help their clients reach their charitable goals. You are no doubt well…
Bridging the Gaps in Multi-Generational Family Philanthropy
Multi-Generational Giving Differing views within families is nothing new. For generations, common topics of disagreement have included popular culture, politics, religion, and parenting, just to name a few. Frequently outranking…
Retirement plans to charity: Understanding the “trifecta” of tax benefits
Recently, there has been an uptick in inquiries about leaving IRAs and other retirement plans to charity. If you’re wondering why, it likely has a lot to do with the…
Giving a business to charity: Stack the odds in your client’s favor
Making the news Despite recent reports of a 55% decline in charitable giving by the top 50 U.S. donors in 2022, high profile giving by donors associated with well-known businesses…
Beyond the DAF: Funds that accept qualified charitable distributions
Most attorneys, accountants, and financial advisors are well-aware of donor-advised funds and the reasons behind their popularity. When a donor-advised fund is established at the Community Foundation, this vehicle is…
Proposed legislation: Is better deductibility back on the table?
THE HISTORICAL CONTEXT Charitable deduction legislation ebbs and flows. Proposed reform efforts come and go, resulting in the occasional change to the provisions of the Internal Revenue Code governing charitable…
It’s not too early for spring cleaning: Make this the year to help clients get organized
If your clients struggle to pull together their receipts and other documents for tax filings, this may be a good time to help them take proactive steps to avoid being…