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5 Ways To Help You Start the New Year Strong

Here are a few simple things you don’t want to put off or overlook as you plan fundraising strategies for 2022. Encourage donors to plan gifts early to take advantage of tax benefits. Consider targeting certain donors for the most appropriate gifts for their demographic profile (income, wealth, age, etc.) and gift history. For example: …Read More

Too Clever by Half: Inheritance Agreements Wrapped in an LLC?

Some donors do not wish to burden their co-owners with the obligation of a purchase or the entity with a redemption. Other donors are concerned that a business interest could be sold or gifted into the unfriendly hands of a former spouse or a spendthrift beneficiary. Could a limited liability company (LLC) be structured to …Read More

What You Need To Know About Conduit Trusts

Much has been written about use of a testamentary charitable unitrust as a technique to mimic the deferral aspects permitted under pre-SECURE law. Before concluding whether or not such a statement is true, there needs to be understanding of how noncharitable trusts can be beneficiaries of an IRA account. Taxpayers sometimes create “look-through,” “pass-through” or …Read More

5 Ways To Show You Appreciate Your Donors (Beyond a Thank-You Note)

  A donor’s impact on an organization is not only influential—it comes from a personal connection. Many donors give because they are passionate about the work and mission of your charity. Donors deserve appreciation for their generosity through a meaningful thank-you. Here are five impactful and creative ways to show your donors how much you …Read More

Noncharitable Trusts as a Source of Charitable Funds!

Section 642(c) of the Internal Revenue Code clearly describes the requirements for a trust to deduct any charitable distributions. A trust can deduct for “any amount of gross income, without limitation, which pursuant to the terms of the governing instrument is, during the taxable year, paid for a purpose specified in Section 170(c).” The trust …Read More

Flexible Deferred Gift Annuity in Retirement Planning

Donors and board members looking for new ways to support charity need look no further. The flexible deferred gift annuity offers several key benefits. First, charitable gift annuities allow unlimited contributions to enable a donor to meet current and future income needs. The IRS regulations limit contributions to IRAs, 401(k)s, 403(b)s and other retirement plans …Read More

Flexible Payments From Flexible Funding

A flexible gift annuity permits payments to be deferred until a commencement date of the annuitant’s choosing. A schedule of possible start dates with payment amounts is created when the annuity is funded. The longer the deferral of commencement, the greater the annuity payments. The income tax deduction will be based on either a set …Read More

Year-End Marketing: The Clock is Ticking

With Dec. 31 right around the corner, another calendar year is drawing to a close. Traditionally, the final quarter is the most generous time of the year for charitable giving. Many charitable organizations receive between one fifth and one quarter of their yearly gifts in December alone! In addition to your other fundraising activities, you …Read More

How to Be Fixed and Flexible During Inflationary Times

Introduction The price index for American consumer goods rose at an annual rate of 4.2% for the month ending in July. This is the fastest pace since January of 1991. While Fed Chairman Jerome Powell believes the inflation spike is temporary, now might be an appropriate time to examine how an inflationary environment would impact …Read More

Making Inertia Work for the Worker

Nudge theory suggests positive reinforcement and indirect suggestions can influence the behavior of an individual. The concept became mainstream with the 2008 book “Nudge: Improving Decisions About Wealth and Happiness” by professors Richard H. Thaler and Cass R. Sunstein. They argued that more people would have more saved for retirement if employers created default retirement …Read More

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