Indistractable in Giving: Three Tips for Focus

Indistractable in Giving: Three Tips for Focus

How’s your focus?

Is it a challenge to single-task?

There’s no shame in recognizing it.

We’re all easily distracted.

That’s why so many articles start with crazy-short sentences like this!

That goes for work, for play, for giving…for everything.

If you need proof we can change our hap-hazard ways, look no further than Nir Eyal’s book Indistractable: How to Control

read more »
Giving a DAF to the Next Generation

Giving a DAF to the Next Generation

Are your kids ready to handle the weight of carrying out your charitable legacy? Are they ready to create their own?

Several years ago, a study indicated that 78% of high-net-worth individuals believed that the “next generation is not financially responsible enough to handle inheritance.” While I believe those same individuals will develop greater confidence as their children grow and …

read more »
DonorsTrust Clients Speak On Why They Use Us

DonorsTrust Clients Speak On Why They Use Us

DonorsTrust is one of more than 1,000 donor-advised fund providers across the country. We represent a segment of those providers known as “mission-driven” funds, but there are many other types offered by national banks, brokerages, and local community foundations.

The core set of features and benefits are synonymous among all of these organizations. DAFs, as donor-advised funds are often abbreviated, …

read more »
Qualified Charitable Distributions from an IRA… to a DAF?

Qualified Charitable Distributions from an IRA… to a DAF?

Donors over age 70 ½ might be interested in making a Qualified Charitable Distribution (QCD) from their IRA. That’s understandable. A QCD allows taxpayers age 70 ½ or older to exclude up to $100,000 from their taxable income each year. This has the benefit of reducing adjusted gross income (AGI). Qualified Charitable Distributions also count towards the annual required minimum …

read more »
Private Giving Lessons from David Koch’s Legacy

Private Giving Lessons from David Koch’s Legacy

Tremendous amounts of ink have been spilled over the recent passing of David Koch.

Writers have expressed quite a range of emotion – he has been deified and vilified. But, love him or not, it is undeniable that he believed in the power of private philanthropy. He gave generously to libraries, the arts, public policy organizations, and hospitals. He started …

read more »
I Want to Help You Plan Your Legacy for Liberty

I Want to Help You Plan Your Legacy for Liberty

Discussions of Planned Giving can sometimes sound as sterile as a sit-down with your tax advisor or as agonizing as your third root canal – but it really shouldn’t be that way!

When you think deeply about Planned Giving, you’re actually crafting personal answers to the biggest of questions:

“What legacy do I want to leave the world?”

“How can

read more »
How Susan Gives: Carefully Discerning the Future

How Susan Gives: Carefully Discerning the Future

In our Client Stories series, we share how real DonorsTrust clients use their donor-advised funds in different ways to achieve their charitable goals both in life and after. This month we feature one such couple who has set up their fund as a bequest account using it to steward their charitable legacy. You can read last month’s feature here

read more »
Charitable Solutions Guide: Picking, Saving, Bunching

Charitable Solutions Guide: Picking, Saving, Bunching

The end of the year isn’t the only time to make charitable gifts. In fact, it could be the worst time given that everyone else does it.

Still, whether because of bonuses, holiday cheer, or the intense marketing efforts of charities after Thanksgiving, a preponderance of folks cluster their giving as the year winds down.

Let’s embrace that. And since …

read more »
The Bunching Strategy for Charitable Giving

The Bunching Strategy for Charitable Giving

If you read the popular press, you’ve probably read or seen headlines about the “bunching” strategy. This strategy has become increasingly popular as people adjust to the new standard deduction, which was doubled for tax years beginning with 2018. It’s a strategy that might be of particular interest if you are charitable and seek income tax minimization (don’t we all).…

read more »