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Archive for July, 2007

Recognition Societies: Membership Should Come Easily

Posted July 1st, 2007

Most successful development professionals realize the importance of establishing and maintaining a recognition society that honors planned gift donors. Much like the donor societies that honor current contributors, planned gift recognition societies provide a way for an institution to strengthen long-term relationships with donors who have made a commitment through a bequest provision, retirement plan …Read More

Charitable Giving and the Alternative Minimum Tax

Posted July 1st, 2007

The alternative minimum tax (AMT) was originally enacted as part of the 1969 Tax Reform Act. It was intended to catch a relatively small number of very wealthy persons who were not paying any income taxes. In recent years, however, millions of Americans have been caught in the AMT trap, including many upper middle-income taxpayers. …Read More

Bequest Giving in 2006 – The Good, the Bad, and the Surprising!

Posted July 1st, 2007

The Giving USA Foundation, which tracks contributions to nonprofit organizations, recently released its estimate for giving in America in 2006. According to its 52nd annual report, Giving USA 2007, total giving in 2006 is estimated at $295.02 billion. This figure represents a 4.2% increase over giving in 2005. When adjusted for inflation, total giving in …Read More

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