Top 10 Reasons to Use a Donor Advised Fund

1. Keep Track of Fewer Charitable ReceiptsFor any charitable contribution over $250, the IRS requires that you obtain – and retain – a receipt containing the right kind of language. With a donor-advised fund, there’s no need for you to handle individual receipts to charities; […]

Transfer of Wealth: Following the Money

“The greatest wealth transfer in modern history has begun,” according to a mid-2021 report in the Wall Street Journal. And with tax reform’s big bite into estate values off the table, at least for now, many of your older clients may be thinking seriously about their legacies. And these […]

Timely Suggestion for Your IRA Distribution

By now, you probably know that once you hit the age of 72, you must take a required minimum distribution from your Individual Retirement Account (IRA).  For those who don’t need additional income, the Qualified Charitable Distribution (QCD) is a great way to avoid excess […]

Why I Love My Donor Advised Fund

As trustees of the foundation, once we have satisfied our fiduciary and governance responsibilities, then the fun begins! Not only are we enlightened by the grantmaking work the foundation oversees and help shape areas of strategic focus such as neighborhoods or education, but we get […]