Credit Union of Texas’ Post

Big Gifts, Bullish Portfolios, and Kids Who Move Away Clients who gave large year-end gifts, families whose grown children are spread out geographically, and clients whose portfolios jumped in value are examples of types of clients who may benefit from proactive charitable planning. Take a few minutes this month to scan your client list for three common scenarios and related opportunities for charitable giving solutions. Read more: https://bit.ly/48kmQJE

It's Donor Advised Fund (DAF) day! If you have a DAF, you can recommend a gift to ElderHelp with just a few clicks. It’s a great way to support the seniors who rely on us, while keeping your giving simple and tax-efficient. Learn more about this growing option for charitable giving: bit.ly/ElderHelpDAF

Save the date for first ever DAF Day on 10/10! Learn more below ⤵️

Use these 5 tax-smart tips for charitable donations! Maximize the impact of your generosity while staying savvy with deductions. Learn how to make your contributions count this season and beyond. #CharitableGiving #TaxTips

#FoundationFriday A private foundation can be a powerful vehicle for charitable giving, but sometimes the process of managing the foundation’s affairs can diminish the joy of giving, or become a burden for subsequent generations to maintain. We’ll handle the administration while you focus on mission. Learn more about our family foundation services at https://ow.ly/kQbn50QZzNZ

More than 20% of U.S. charitable giving comes from foundations. Because they play a significant role in funding nonprofits, they need to make the funding process fair and inclusive. Here are five tips to help funders do this. Kaerie Ray, MBA, PMP, curator and communications officer at the Arnold and Mabel Beckman Foundation, shares how funders can make their grant application and review practices more equitable and inclusive funding on Candid insights: https://lnkd.in/e3R4Zhwb

(Partial) Myth: Charitable donations lead to tax deductions. Truth: You might not be getting any additional deductions from your donations, but there are ways to make sure you're not missing out. Read our 3 part series on charitable giving strategies to learn more! https://lnkd.in/gC9kV_5X

Donor Advised Funds (DAFs) are like your personal charitable savings account! You contribute cash, securities, or other assets, receive tax deductions, and then recommend grants to your favorite nonprofits over time. A win-win for both donors and charities! Watch this video to learn more 💰 #Philanthropy #GiveBack #TaxStrategies #CFOServices #BennettFinancials

Charitable Giving Tips for Clients’ Golden Years The rising popularity of the Qualified Charitable Deduction (QCD) appears to be inspiring an increasing number of retirees to re-evaluate their charitable giving plans. Before the clock winds down on 2023 giving opportunities, be sure you’re familiar with the various charitable giving techniques that are most appealing to retirees and the various ways that CFAAC can help. Here are four characteristics of retirees and their charitable giving situations that will help you serve your retired clients. Read more:https://bit.ly/3TQdot0

For many, charitable giving is an important part of helping those in need, giving back to communities and building a family’s legacy. Whatever the reason for giving to charity, as MBI Manager of Financial Planning and Wealth Management Stephanie Anderson, CFA, CFP®️, CDFA®️ points out, to maximize the impact of those gifts, it is important to have clear goals for giving and to create a charitable giving plan that optimizes the tax efficiency of designated gifts. Read more on the MBI website. https://lnkd.in/e48XqMkx #charitablegiving #taxefficiency