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 …

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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 …

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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

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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

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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 …

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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).…

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How Michael Gives: A Hands-On Approach to Grateful Giving

How Michael Gives: A Hands-On Approach to Grateful Giving

This is a continuation of the Client Stories series where we interview real DonorsTrust clients to hear about how they think through their philanthropy and how a donor-advised fund helps them achieve their charitable goals. You can read last month’s article here

Michael Maibach has been with DonorsTrust from our earliest days. As you’ll discover in this interview, his

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Gardening and Giving: Encouraging Philanthropy in Children

Gardening and Giving: Encouraging Philanthropy in Children

Parenting is full of challenges. It’s a constant push and pull. I’ve recently discovered that, at least with gardening and charitable giving, a mom’s push is the right way to go.

A big concern is how to instill in our children a sincere sense of gratitude. But I’ll begin with a story about an immediate challenge I recently had – …

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