Category Archives: Donor Intent

Donor Intent Plinko Shows the Challenge of Legacy Security

Donor Intent Plinko Shows the Challenge of Legacy Security

Do you remember Plinko from the Price is Right? Other than spinning the Big Wheel, Plinko was the game I always wanted to play if Bob Barker ever invited me to “come on down.”

If you’re having trouble remembering, imagine a large board with wooden dowels scattered throughout. At the top are a series of openings. At the bottom are …

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Sunsetting: Taking Another Look at its Value and Impact

Sunsetting: Taking Another Look at its Value and Impact

Each month, an expert from the liberty movement shares thoughts on how we might be more strategic in our charitable giving. This month, Ingrid A. Gregg, who led the recent sunsetting of the Earhart Foundation, discusses how we can reduce the uncertainty in charitable giving through sunset plans that help donors secure their charitable intentions for the future. 

The apocryphal …

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DonorsTrust Bequest Accounts: A How-To Guide

DonorsTrust Bequest Accounts: A How-To Guide

Donor-advised funds offer an excellent means to handle your annual giving. However, a donor-advised account is also a helpful, secure way to handle your charitable legacy after your death. At DonorsTrust, we offer a special type of donor-advised account called a Bequest Account that is established upon death that serves to protect and preserve your legacy in line with your …

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Donor Intent Statements: Why purpose do they serve?

Donor Intent Statements: Why purpose do they serve?

Page three of the DonorsTrust donor-advised fund application features a unique box. In it, new clients are asked to, “describe your charitable principles, interests, and goals so that DonorsTrust may better preserve your donor intent.”

Preserving donor intent for liberty-minded donors forms the core of DonorsTrust’s mission. That is why it is the first question we need answered when establishing …

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The Sitcom Effect Can Ruin Your Charitable Legacy

The Sitcom Effect Can Ruin Your Charitable Legacy

You’ve surely seen this trope play out on most any sit-com tv show you’ve watched. Person A does something, and person B observes what person A does but completely misinterprets it. A mess is created and hilarity ensues. Twenty minutes later, person A and B finally have a conversation. All is resolved as poignant music plays underneath.

That’s all well …

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Ty Cobb’s Philanthropy Has Lessons for Us All

Ty Cobb’s Philanthropy Has Lessons for Us All

It’s not every day I stumble on an article that combines my passions for baseball, philanthropy, and my home state of Georgia. Yet Mary Moran’s “Ty Cobb: An Unlikely Philanthropist” hit that unlikely triple crown.

I had no idea Ty Cobb, the Royston, Georgia, native known for being a hard-charging ballplayer (and person in general), had such a …

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Being Mission-Driven

Being Mission-Driven

The average American household donated $2,974 to charity in 2013 according to The Center on Philanthropy at Indiana University. Each household distributes that differently. In some cases, spouses may have divergent views and an accounting of charitable gifts can range wildly in purpose, ideology, or location. For others, all that giving may be to a single institution, like a church.…

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The Generational Concern: A surprising number don’t trust next generation to handle inheritance

The Generational Concern: A surprising number don’t trust next generation to handle inheritance

What will the next generation do with your wealth? Nearly 80% of wealth-creators believe their heirs will blow it.

Money magazine reports on several studies that show “70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third.” Further, 78% of high-net-worth individuals believe “the next generation is not financially responsible enough to …

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