Impact Giving: The Power of Collective Giving
As I reflect on the pandemic and the effect it has had on our communities, I can’t help but think about the incredible need our nonprofits have faced this past year and the importance of…
Charitable Giving in 2021
All too often we leave our charitable giving to the end of the year when the deadline looms for making tax deductible gifts. This may cause us to make hasty decisions about where to give, how…
Donating Your Collection of Tangible Assets
In a previous blog I wrote about donating your tangible property to charity – which could include artwork, jewelry, cars, or antiques, just to name a few examples. If you are considering this to divest…
Recreate Stretch IRA with a Charitable Remainder Trust
As of January 1, 2020 new legislation called the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became effective which profoundly impacts a favored strategy for beneficiaries who inherit IRA accounts. Prior to…
3 Action Steps Nonprofits Should Be Taking Right Now
There are three action steps every nonprofit should be taking in these uncertain times of the COVID-19 crisis. I believe these action steps are critically important for the current and future health of their organization. …
The CARES Act and How it May Affect Nonprofits
On March 27, the House unanimously passed and the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is a $2 trillion stimulus law intended to provide immediate relief for…
ESG Investing Can Help Your Nonprofit Find Talent
Can a commitment to strong ESG investing (environmental, social, and governance) within your retirement plan investments help attract and retain talented employees in your nonprofit organization? It matters more than you might think. End Homelessness,…
Tax Planning for 2018 and Beyond: Gifts to Charity Can Qualify as Required Minimum Distributions (RMDs)
We often advise our clients on the tax-savvy option of donating appreciated stock to their favorite charity instead of writing a check. In 2015, the Federal Government made another tax-advantaged way to donate to charity,…
Impact of Tax Reform on the Nonprofit Community
The Tax Cuts and Job Act (TCJA) passed in late 2017 was the most significant tax legislation we have seen since 1986 and the impact of tax reform on the nonprofit community is expected to…
Five Tips for Year End Charitable Giving
This is one of the most important times of year for charitable fundraising. Nearly a third of all donations are made during the month of December. There’s nothing like a deadline to motivate, and the…