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Trends in Charitable Giving

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In my practice as a Financial Advisor, we advise clients on asset or donation strategy based on their personal situation and goals to maximize the benefit to them and the charity. Donors can support charities with cash donations or follow techniques that maximize both the gift and the potential tax benefit.

By planning contributions, donors can:

  • Minimize capital gains, off-set high-income
  • Planning a business exit strategy
  • Reaching the next generation
  • Setting up a private foundation

Donors have choices in how to contribute:

  • Direct gifts
  • Charitable gift annuities
  • Pooled-income funds
  • Gifts in trust
  • Donor-advised funds
  • Donating non-publicly traded assets
  • Private Donor Group

This information is no replacement for real-life advice. A financial professional can help you assess which approach can work best for you. Consult your tax, legal, or accounting professional before modifying your charitable giving strategy.

Robert L. Schein, AIF
Partner, Managing Director
Blanke Schein Wealth Management | HighTower

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