Children naturally have a generous heart to help a friend or be concerned when someone is hurting. We hope those future young adults will continue to flex their empathy and compassion muscles, perhaps even with tangible stewardship of time and treasure. An added benefit is adding money topics into Read more…
Charitable Contributions with Equity Compensation, Estate Planning and Taxes
A charitable contribution is the gift of cash or property made to a nonprofit organization. The gift is meant to help an organization accomplish its goals, and the donor receives nothing in return. In most years, taxpayers can deduct cash charitable donations to public charities of up to 60% of Read more…
Timely Topic: What You Should Know About a Donor Advised Fund
As end-of-year tax planning draws to a close, there is still a small window of time to set up a Donor Advised Fund if you wish to make charitable donations in the next few years and take advantage of the tax benefit from charitable giving. Read more…
Getting More from Giving Back
From a young age, I’ve enjoyed giving back. Almost every year of high school and college I participated in a mission trip. Since college I’ve had the amazing opportunity to travel to Uganda to help those in need. (See some of the life lessons I learned on this amazing trip). Each trip was unique, Read more…
The Psychology of Giving: Charitable Donations in the Wake of Disasters
Natural disasters, such as Hurricanes Harvey, Irma and Maria, leave lasting scars on our country. Millions of people in Florida and Texas are still without shelter and power, and federal officials say recovery could take years. Read more…
Charitable Giving: A Win-Win for Everyone Involved
Donating appreciated securities to charity makes much more sense than first selling the security, paying the taxes and then donating the remaining proceeds to the charity. As the donor, you save money on taxes and receive the full benefit of the tax deduction—and the charity receives the full value Read more…
