Pathways To Better Life and SHG Academy’s Post

In unpredictable economic times, many donors may be wary of making large donations of cash, even to charities they would otherwise like to support. https://lnkd.in/gTfSz57V #FinancialAdvisor #NewportBeach

GIVING TUESDAY is today! Give back to your community in big or small ways, including DONATIONS to charities. Not sure which charities? Consider donating those received an A rating who give 90% or more to the actual charity (v. salaries, overhead, etc). https://lnkd.in/gfGP8-E6 HOW MUCH TO GIVE? My suggestion is give what you are comfortable with--but at least equal to the amount you spent and will spend preparing for, traveling to, buying for, and giving during the November-December holiday season. https://lnkd.in/gfGP8-E6

Discover the Hidden Funding: How to Secure Grants for Your Charitable Cause Learn where to find funding opportunities for your charitable cause. Explore the Foundation Center, Grants.gov, and other strategies to increase your chances of securing grants. Start building a sustainable future for your organization. #FundraisingTips #GrantOpportunities #CharitableCauses #FoundationCenter #Grants.gov #FinancialSupport #NonprofitFunding #GrantWriting #SustainableFuture #FundraisingSuccess

Happy Terms Tuesday! This week our term is “Gift Aid.” Gift Aid might be well-known in the UK, but did you know the U.S. has similar benefits that nonprofits should know about? While the term “Gift Aid” is specific to the UK, understanding tax benefits for charitable donations in the U.S. is crucial for maximizing your fundraising efforts. U.S. nonprofits should be familiar with tax-deductible donations and how they can incentivize giving. Educating your donors on how their contributions can lead to tax deductions encourages more impactful donations for your cause! #SolutionsMatter #Nonprofits #Fundraising #TaxDeductibleDonations #DonorImpact #CharityBoost #nonprofitsolutions

When it comes to helping others, people are opening their wallets—wide. Charitable giving topped $499.33 billion in 2022, up from $484.85 billion in 2021. There are approaches to philanthropy beyond the contribution of assets directly to a nonprofit. If you're planning to give to charity before the end of the year but need more time to decide where to ultimately direct those assets or would like to donate to a number of different causes over the course of many years, a donor advised fund (DAF) may be a good option to consider. Read further for a few key features of donor advised funds:

October 10 in "DAF Giving Day" -- a first ever -- according to this article. The purpose is to encourage people to donate from their Donor Advised Funds on that day. Now that DAF's are nearly 10 percent of all giving, all non-profits need to get onboard with making it easy for donors with DAFs to make gifts. More details here, which are particularly useful for small nonprofits who may not be as focused on DAF giving. #nonprofits #philanthopy.

#IncomeTax | Is a Single section 18A receipt acceptable for SARS? Binding General Ruling (BGR) 70 permits the issuance of a single section 18A receipt summarizing multiple donations made during the year. This single receipt must comply with all mandatory information requirements and include a detailed breakdown of each donation, such as the date, amount (for cash donations), and nature and value (for non-cash donations). 💼 Read more here: https://ow.ly/g1SY50SHXBN #TaxDeduction #Section18A #Donations #TaxBenefits

You may know that Charitable #giving not only directly supports and strengthens your community by funding vital services and initiatives, but it may also potentially lower your tax burden. However, are you aware that cash is the least #tax-effective charitable gift? By donating securities held for more than one year, you avoid paying capital gains tax and can deduct the fair market value of that security in the year you donate. If you are interested in learning more about maximizing the tax benefits of your charitable giving,  please see the link in the comments and/or contact your BLBB Advisor at 215-643-9100. #charitablegiving

Invest in Others amplifies, celebrates, and inspires the charitable work of the financial services community. Part of fulfilling that mission includes our Grant Program which provides an opportunity for those working in the financial services industry to secure funding for specific programs or projects on behalf of a nonprofit that they care about. In 2023 our Grant Program, which includes Grants for Good and Grants for Change, awarded nearly $300,000 to deserving charities. Whether it’s enhancing an existing program or supporting a new initiative, financial professionals across the country can help bridge funding gaps through these grants. Each grant awards up to $20,000 to nonprofits and grant requests are considered for program support, seed money, or capital improvements. Consider applying for a grant for your favorite charity but be sure to do so by October 25. To learn more, visit  #GrantsForGood #GrantsForChange #InvestinOthers #FinancialAdvisors https://bit.ly/IiOGrants

In addition to you benefitting from tax-deductible year-end charitable giving, your favorite charity can also benefit from your last-minute philanthropy. That's because nonprofits need these vital funds to manage their volunteer-run programs every day of the year, including December 31st. There's still time to leverage your assets for a tax-deductible contribution in 2024 with @vanguard-charitable. Consult with us or visit https://lnkd.in/eVDtPec to learn which assets can be donated by December 31st. #taxeffectivegiving #vanguardcharitable #donoradvisedfund