Story Category: Giving Strategies

The CARES Act and Giving With Your IRA

As you plan your year-end giving, keep in mind the enhanced tax benefits passed in the CARES Act: Non-itemizers can take an “above the line” deduction of up to $300 for charitable gifts to qualifying nonprofits and charitable funds* on their 2020 tax return. Individuals can deduct up to 100%… Read More

What is a Donor Advised Fund?

A simple, flexible and tax-efficient way to give to your favorite charities. A donor advised fund is like a charitable investment account that you open for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund at a… Read More