Charity
Latest
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Melinda French Gates Gives $1 Billion in Support of Women's Rights
Melinda French Gates will give $1 billion to philanthropic individuals and organizations advancing women’s rights globally, over the next two years.
By Kathryn Pomroy Published
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QCDs Are a Tax-Smart Way for Retirees To Donate to Charity
The Tax Letter With QCDs, retirees can save on taxes by making donations from their IRAs directly to charity. Here's what you need to know about qualified charitable distributions.
By Joy Taylor Published
The Tax Letter -
A Donor-Advised Fund Can Give Your Charitable Giving a Boost
Save on taxes and donate more to your favorite charities by using a donor-advised fund, or DAF. Here’s how to maximize your giving with this strategic approach.
By Samuel V. Gaeta, CFP® Published
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How to Assess the Impact of Your Charitable Giving
Here are five simple ways to 'do this, not that' when trying to find out from a nonprofit what kind of impact your donations are having.
By Catherine Crystal Foster Published
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Charitable Remainder Trust: The Stretch IRA Alternative
The SECURE Act killed the stretch IRA, but a properly constructed charitable remainder trust can deliver similar benefits, with some caveats.
By Brandon Mather, CFP®, CEPA, ChFEBC® Published
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How to Decide How Much Money You Can Afford to Gift in Your Lifetime
Deciding how much of your wealth to give to charity or your kids depends on your life stage. Here are key considerations based on age.
By Leslie Gillin Bohner Published
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MacKenzie Scott Just Gave Away Another $640 Million. Here’s Where the Money Went
MacKenzie Scott, Billionaire ex-wife of Amazon's Jeff Bezos just gave away another $640 million in gifts of $1M to $2M to 361 nonprofit groups.
By Kathryn Pomroy Published
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Avoid Surprises: Don’t Procrastinate on Your Taxes
You really should start thinking about next year’s taxes immediately after filing this year’s. Better tax efficiency could save you some serious dough.
By Jared Elson, Investment Adviser Published
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Should a Donor-Advised Fund Be Part of Your Estate Plan?
A donor-advised fund, or DAF, lets the donor reap tax benefits while also being able to direct how the money is distributed and invested.
By Tracy Craig, Fellow, ACTEC, AEP® Published