What if you would like to benefit charity, but the need for an income stream makes you hesitant to part with assets you might otherwise give?
Two charitable techniques are available that may meet your needs. One is a charitable gift annuity (CGA). The second is a charitable remainder trust (CRT). My previous post discussed CGAs. This post discusses …read more »
Have you considered a first-time contribution to a non-profit, but felt you should first “check out the numbers” or “do your homework” before making the gift?
DonorsTrust clients often ask us our opinion about groups they are considering supporting. Conducting that due diligence is one of the benefits of working with us.
If you’d ever like to do some simple …read more »
This year, you will become a philanthropist.
I know it is possible, and you and the world will be better off because of it. And to get there, let’s follow a well-documented scientific theory: the Inverted Underpants Gnome Strategy.
Before we outline that strategy, though, let’s talk about habits. The idea of upping our charitable giving – or making any …read more »
This is Denise Weaver’s story, the fifth installment in our Client Stories series which shares how different clients use their DonorsTrust donor-advised accounts in different ways. You can read the previous article from Ann Fitzgerald here.
Let’s talk about money.
Good friends know I’m always delighted to talk about how to maximize a personal budget or how to use …read more »
Once again, year-end has snuck up upon many of us. And this year, your approach to year-end philanthropy may change from previous years as a result of the 2017 tax overhaul.
Of course, many of the same year-end considerations continue to apply. Don’t despair. By acting quickly, time remains for some effective year-end giving.
The New Law’s Impact
Among the …read more »
In honor of Veterans’ Day, we are sharing a chapter from the Philanthropy Roundtable’s excellent resource on supporting charitable giving to veteran-supporting efforts, Uniform Champions: A Wise Giver’s Guide to Excellent Assistance for Veterans by Thomas Meyer. This section explores the effort of the non-profit CODE to overcome initial failure and better measure its efforts to find meaningful work for …read more »
Shrek was a breakout hit in 2001. As I often am with movies, I came late to the Shrek party, having watched it for the first time just the other day with my two little girls. (Spoilers ahead, but you’ve probably seen it already).
You probably watched it in a more timely fashion, and so remember the story: An ornery …read more »
How do you get started with charitable giving?
No matter how much you give away, we all want our charitable dollars to mean something. Young givers place a premium on knowing their giving has an impact. When we don’t see an easy way to measure that impact, too often we punt on making a decision.
At a recent salon dinner …read more »
Is a donor-advised fund right for you? How does it work? What are the differences between all the types of donor-advised funds?
These are some of the common questions we addressed on a recent webinar done in partnership with Family Business Magazine. You can sign up to watch the full event here, and I hope you will.
We …read more »
An accurate, albeit overused phrase is “to wipe the slate clean”. While perhaps outdated in its technology (what 25-year-old has ever experienced a classroom ‘slate’?), the reference to starting over again is clear.
I’m sympathetic to the notions of grace, forgiveness, success and failure that provide the basis for the philosophical concept of starting over (again). But, let’s be honest, …read more »