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#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

Looking to dive into charitable planning? In this clip from this release of The Truth About Wealth, John and Michael Parise break down charitable lead trusts and charitable remainder trusts, emphasizing their dual impact on both charities and families. Hit play today and discover the intricacies of these split-interest trusts, their income streams, and how they react to interest rate fluctuations ⬇️ #TheTruthAboutWealth #CharitablePlanning #WealthStrategies #TaxPlanning #TaxCutsAndJobsAct

No good deed goes unrewarded! Corporate philanthropy is more important than ever, now that many businesses are using their corporate wealth to invest in local communities and charities. Making a difference can have a huge impact and we encourage you to get involved. #DoGood #BusinessForGood #CorporatePhilanthropy

Have you heard that donor-advised funds are the fastest-growing form of charitable giving in America? As DAFs gain popularity, private-sector firms, start-up entrepreneurs and charitable regulators are looking for ways to get in on the action. What might the future hold? Learn more about the evolution of DAFs: https://lnkd.in/eT9aj8ik

Did you see the 10th annual report Australian Charities Report? It’s a great resource to share with your Board - especially those who aren't actively involved in the NFP or charity sector and might not be across the major trends. Of interest to us at Benefolk was: 📈 Unlike 2021, all charity sizes experienced revenue growth in 2022 💵 Total revenue increased by $11 billion to a record $200 billion, but at the same time expenses increased by $21 billion. 😲 The net income figure recorded across the sector – $5.7 billion – was the lowest figure the ACNC has ever reported. ✳ While the sector’s assets grew by 8.3% to $457 billion during 2022, total liabilities increased by 11.5% to reach $158 billion. 💳 In 2022, the charity sector’s total expenses increased by $22 billion (12.6%) to $195.8 billion. The increase of 12.6% was twice the rate of inflation. We are grateful to Sue Woodward AM and her team at Australian Charities and Not-for-profits Commission for ensuring this data continues to be shared widely with all Australians, to help us better understand our important charitable sector.

How is economic uncertainty impacting investing for the long term? Is cash still king? Citywealth spoke with Melanie Roberts, our Head of Charities, to shed light on investment strategies for charities, among which the increasing interest that private markets are generating among charity trustees. Read more: https://lnkd.in/esiyVuKF

Charitable legacy giving is evolving, with new mechanisms to maximise effective and efficient long-term support of charities. Advisors are increasingly expected to have ‘bigger picture’ discussions with clients around their estate planning, including legacy and charitable planning. In this STEP Journal article, Sianne Haldane TEP suggests that there is scope for growth in the number of clients leaving charitable legacies. Read the article: https://lnkd.in/ejHBckiJ #STEPCPD #Legacies Boon Philanthropy, Inc.

A private foundation can enable some families to engage in high-impact charitable giving. Discover why these families set up their own foundations—and see if you should consider following suit.

Looking to dive into charitable planning? In this clip from this release of The Truth About Wealth, we break down charitable lead trusts and charitable remainder trusts, emphasizing their dual impact on both charities and families. Hit play today and discover the intricacies of these split-interest trusts, their income streams, and how they react to interest rate fluctuations ⬇️ #TheTruthAboutWealth #CharitablePlanning #WealthStrategies #TaxPlanning #TaxCutsAndJobsAct

Looking to dive into charitable planning? In this clip from this release of The Truth About Wealth, we break down charitable lead trusts and charitable remainder trusts, emphasizing their dual impact on both charities and families. Hit play today and discover the intricacies of these split-interest trusts, their income streams, and how they react to interest rate fluctuations ⬇️ #TheTruthAboutWealth #CharitablePlanning #WealthStrategies #TaxPlanning #TaxCutsAndJobsAct