Gift planning fundraising presents a unique set of challenges in that the targeted donors for these gifts of a lifetime are elderly. As we age, we encounter more challenging health issues. One of these issues that many face is diminished mental capacity. As fundraisers, dementia can pose serious concerns when communicating with donors. Development professionals …Read More
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
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.
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
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
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
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