Philanthropy may sound like a big word, but its meaning is beautifully simple. The team at the community foundation loves reflecting on philanthropy as a “love of humanity,” especially as we help you move into action with a few important first steps. Discover what happens when we meet for the first time to explore your charitable priorities and the impact you envision.
Many attorneys, CPAs, and financial advisors are diving deeper into understanding split-interest gifts. These include charitable gift annuities and charitable remainder trusts, which can help advisors find ways for clients to balance their financial and income planning with charitable goals. This means it is crucial for advisors to understand the differences between these vehicles, and the community foundation can point you in the right direction.
By the time fall rolls around, the weeks leading up to year-end often pass way too quickly, which means now is the perfect time to talk with clients about “bunching” charitable gifts into a donor-advised fund. Learn why early planning with the community foundation can help clients maximize tax benefits through bunching and other strategies, while providing consistent support to the charities they care about.
For many business owners, a succession event may be the largest liquidity event of a lifetime. We’re sharing four questions you can ask your clients to help bring charitable planning into the conversation early. Plus, we offer a word of caution to help you avoid a common and potentially treacherous pitfall in business succession planning.
Qualified Charitable Distributions (QCDs) continue to create meaningful planning opportunities for clients over age 70½. With expanded giving limits, new charitable planning options, and proposed legislation that could simplify QCDs from workplace retirement plans, now is an ideal time to revisit charitable strategies with eligible clients. Learn how partnering with the community foundation can help clients maximize both philanthropic impact and financial benefits.
You may already be well-versed in recent tax law changes—but many clients are just now starting to pay attention. The community foundation keeps you up to date on key developments affecting charitable giving and offers practical reminders to help guide your client conversations in a shifting landscape.
