The odds of Biden’s proposed tax plan becoming law depend on factors that won’t be known until Georgia’s run-off elections on Jan 5, which will decide whether the Democrats or the Republicans will control the US Senate.
Perhaps the component of Biden’s proposal with the biggest potential impact on ultra-wealthy philanthropists is Biden’s intention to raise estate taxes and change the way capital assets are taxed after death.
Should advisors counsel their clients to implement planning techniques in anticipation of sweeping changes to the tax laws, or instead assume the status quo will continue and stay the course with clients’ current plans?
“People have really responded to the need – even those that don’t have a lot to give – and that has given us hope”
During this time of thanksgiving, we thank nonprofits moving diligently forward and to the many donors lifting them up in these difficult days.
With GivingTuesday right around the corner, and wildfire relief efforts still going strong, many of your clients are likely to make an “in the moment” decision to give to a charity. That’s terrific, and you’ll be doing them a big favor if you offer a gentle reminder that, unfortunately, there are a few bad actors in every industry–even in philanthropy.
The significant community needs arising from the events of 2020, coupled with recent tax law changes, make it very important that you help your clients plan their charitable giving strategies.
Gifts in kind have played an important role in pandemic relief efforts, with more than $200 million worth of goods already contributed to help those affected by COVID-19.
The CARES Act created important opportunities for your clients to increase their giving to charitable causes.
Coming Out of a Lonely Place • On the Wings of a Pony Bird • 2020 Heritage Grant Awards • Join Our Team • Give the gift of giving! • Elections and giving: Tips for advising your clients • Corporate giving programs: Opportunity in the COVID era • An eye toward year-end tax planning
YouthBridge Community Foundation has announced that Ready Readers and Hawthorn Leadership School for Girls will each receive a 2020 Heritage Grant. The YouthBridge Heritage grant is awarded to local nonprofit organizations that serve/support children and have received ongoing support from our Donor-Advised Fund clients.
For 100 years now, the Center for Hearing and Speech has been helping to connect people with others through programs that empower communication. In its 100th year, the Center was awarded a YouthBridge YEP STL! Grant towards hearing and vision screenings for students in St. Louis Public Schools.
YouthBridge has a similar legacy as Pony Bird and a mission aligned with ours to bridge service gaps, especially for children and youth.
2020’s stock market has been a rollercoaster, but as you guide your clients into year-end, don’t forget the powerful benefits of giving appreciated securities to a donor-advised fund at the community foundation.
More than 80% of large company executives believe for-profit companies have a responsibility to play a role in resolving social issues
Individuals who are passionate about community causes are frequently also passionate advocates for candidates running for public office.
Finding Second Chances and Room at the Inn • YouthBridge Community Fund Carries on a Legacy • Family Business Awards • Weeding out taxpayers who abuse conservation tools • IRS speaks out on cybersecurity • Advising clients on starting a charity
Alone with his thoughts on the four-hour flight to St. Louis, Quinton replayed the life lessons he’d received from his father and wondered how to sufficiently honor him…
There’s a stigma attached to the homeless, but not everyone is to blame for their situation. COVID-19 has shown us how tenuous our security can be and how one crisis can become a disaster.
As environmental consciousness continues to rise, so does the subject of conservation easements as a tax-savvy charitable giving tool.