Dow Doubts???

Posted August 24th, 2015

By Barlow Mann Has the latest news about the Dow Jones Industrial Average falling created fear in your fundraising departments? (Read this USA Today article here.) Even though many popular stock market indexes are experiencing the first market correction of at least a 10-percent decline in 5-6 years since the financial crisis saw the Dow …Read More

Gift Planning and Same-Sex Marriage

Posted August 17th, 2015

by Jon Tidd Twenty years ago, there were two groups of donors: marrieds and unmarrieds. Today there are two groups of donors: marrieds and unmarrieds. The difference is that today the number of potential married donors has been increased significantly by two recent Supreme Court decisions on same-sex marriage. The bottom line is that all the …Read More

What Will Happen to Your Beloved Pet When You Die?

Posted August 10th, 2015

When hotelier Leona Helmsley died in 2007, she left $12 million to care for her dog. Michael Jackson left $1 million to provide for his chimp. Oprah Winfrey has reportedly set aside $30 million for her dogs. (Click here to see more stories about wealthy pets.) When wealth is set aside for pets in an …Read More

IRA Charitable Rollover Extension Passed By Senate Finance Committee

Posted August 10th, 2015

You may have seen recent news about the Charitable IRA being passed by the Senate. It’s important to note that it has made it past the Senate Finance Committee only at this stage. It still has to go to the full Senate and then the House and then be signed into law. Don’t expect anything …Read More

Pres. Signs 2014 Tax Increase Prevention Act

Posted December 19th, 2014

We have just received word (12/19/14, 5:45pm CT) that President Obama has signed H.R. 5771, the Tax Increase Prevention Act, extending the charitable IRA rollover for 2014. Click here for detailed info on this extension. Sharpe’s consultants have created language intended to communicate these changes to your donors. Click here for that language.    

December 19 IRA Rollover Update

Posted December 19th, 2014

H.R. 5771, the Tax Increase Prevention Act of 2014, which includes the retroactive extension of a variety of expired tax provisions, has been passed by Congress (see earlier blog post for info) and is currently awaiting the President’s signature as of 12/19/14, 5:20pm CT. While it is anticipated that President Obama will indeed sign the bill, …Read More

December 17 IRA Rollover Update

Posted December 17th, 2014

On December 16 Congress passed  H.R. 5771, the Tax Increase Prevention Act of 2014, which includes the retroactive extension of a variety of expired tax provisions. This is expected to be signed by the President and enacted into law. Included is the IRA Rollover provision allowing individuals age 70½ and older to make direct transfers from traditional and …Read More

2014 Charitable IRA Update

Posted December 12th, 2014

For those interested in the current status of IRA gift opportunities, this update is intended as a source of information and ideas for donors and advisors to consider as they make charitable gift plans for the remainder of this year. As of December 12, 2014 Congress had not as yet determined if individuals will be …Read More

Using Stock for Charitable Giving

Posted September 10th, 2014

The stock market is at an all-time high. Did you know that many donors gain significant tax benefits by gifting long-term appreciated stock instead of cash? Now is the time to educate them about their options. Many charities receive roughly 40 percent of their yearly fundraising totals in the final weeks of the year. And not …Read More

The Camp Proposal – How It Will Affect Current and Future Charitable Giving Plans

Posted July 18th, 2014

This article by Robert Sharpe Jr. is reproduced by permission from Trusts & Estates, originally published in April 2014. In late February 2014, Representative Dave Camp (R-MI) put forth what’s been described as the most serious tax reform proposal (the Camp proposal) since the historic Tax Reform Act of 1986 (the 1986 Act). The Camp proposal represents the result of many …Read More