The $2.2 trillion stimulus package – known as the CARES Act – passed by Congress and signed by the President on March 27 created strong incentives for charitable giving in 2020 to meet the needs of people tragically affected by Covid-19. There are provisions for both modest and more affluent donors alike. $300 Above-the-Line Universal […]
CARES Act Relaxes Rules for Charitable Giving Read More »
‘Tis the season…for charitable giving. In our last post, we discussed the basics of the new tax law, its possible effects on charitable donations and the concept of “bunching” and a Donor Advised Fund as a workaround. Today we address the IRA charitable rollover – or, more technically, the qualified charitable distribution (QCD). IRA Goes
The IRA Charitable Rollover – Laserlike Tool for the Seasoned Philanthropist Read More »
Nothing sharpens the mind like a deadline. Sometime around Halloween, when we have a couple of months left in the year, we begin to think in earnest about our charitable giving. On account of the charitable contribution deduction on Schedule A of the 1040 individual income tax return, many taxpayers scramble to complete their charitable
Regaling the Donor Advised Fund – The Swiss Army Knife of Charitable Giving Read More »
Occasionally I write articles for The Summit Foundation newsletter. This piece explores the genesis of the community foundation model and how The Summit Foundation exemplifies it in many respects.
Putting the Community in Community Foundation Read More »
Occasionally, thinking outside the box is the best course in developing a charitable giving plan. Donors can use almost any kind of property to fund a charitable gift. It pays to conduct a thorough analysis of the various possibilities from tax, financial and legacy perspectives.
Giving Back: Consider Real Estate for Charitable Giving Read More »
Denver Post columnist Bruce DeBoskey continues to nail it in his On Philanthropy column. This week’s column, on the subject of engaging children in philantropy, is chock full of ideas and resources for getting kids away from their computer screens and out there making a contribution. Involving children (and grandchildren) in philanthropy is a great way for
Children and Philanthropy Read More »
Denver columnist Bruce DeBoskey writes about transitioning from being a donor to becoming a strategic philanthropist.
Strategic Philanthropy Read More »
We all have something to give — time, money, ideas or things that we can send out into the world — to make it a better place. The recession and agonizingly slow recover, however, have pushed most of us to ignore or slow down on various forms of giving. Don’t let your philanthropic intents slide; instead, great or small, make them a robust part of your financial planning and you will reap the rewards even during difficult times.
Remembering Philanthropy Read More »
Are you or your clients struggling with a way to make philanthropy a more meaningful part of your wealth management? Hear from professional advisors on practical steps you can take to integrate giving into your financial lifestyle and family financial plans.
Charity Begins at Home, But Where Does it Go From There? Read More »
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