In the early 1800s, Thomas Jefferson unleashed the power of American philanthropy, though perhaps not in the way he intended.
Jefferson may have been brilliant in penning the mission statement for the United States (…life, liberty and pursuit of happiness…) but he was still a politician and acted as such.
The Founding Father did not like the trustees …read more »
In our Client Stories Series, we share how current DonorsTrust clients use us to advance their charitable goals. This month we feature a member of our Novus Society – a program created to help younger professionals start early and think strategically about their giving. You can read the previous feature about Susan and her account here.
Dan Rothschild is …read more »
Every year I dread the Tuesday after Thanksgiving – the day now known as Giving Tuesday.
It’s not that I don’t want to support deserving organizations. Rather, it’s that my inbox and social media feeds are inundated with pleas for assistance. Family, friends, co-workers, and acquaintances apply pressure. I’m overwhelmed by the deluge of requests and, more often than not, …read more »
You may have heard it said that donor-advised funds are the fastest growing charitable giving tool and rapidly becoming the most popular option available.
But why is that? How do they actually work? What does it take to open one? And are they only for millionaires?
Answering Your Questions on Donor-Advised Funds
In this interview with Institute for Justice, …read more »
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 »
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 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 »
“Would you like to give a dollar to fight cancer?”
Because I split my pile of items at AC Moore into two separate transactions, the sales lady asked me twice if I had a mere buck to stop one of worst diseases a person can face. And I blithely said “no” both times.
It isn’t that I’m heartless. Heck, I …read more »
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 »
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 »