Hasnain Imran’s Post

Did you know you can contribute stocks to your DAF? Immediate tax deductions are a primary benefit of contributing cash to a Donor-Advised Fund (DAF), like The Donors’ Fund. But cash is not the only way to contribute to a DAF. In fact, you can contribute any assets you own, such as stocks, securities, and cryptocurrencies. By contributing assets to a DAF and allowing the DAF to handle the sale of the asset, you gain an immediate tax deduction based on the fair market value (FMV) of the donated asset. Not only that, but you also gain a double tax benefit by contributing appreciated assets. Aside from the regular tax deduction when contributing any cash or assets to a DAF, you are also not required to pay capital gains tax on the appreciation upon the sale of the asset. #finance #stocks #cryptocurrency #tax #Charity #Donations

TAX FACTS: The exact same tax benefit that's driven $250B into donor-advised funds (DAFs) applies to crypto donations too! ✅ (expand) #Nonprofits already benefit from these incentives with traditional assets—why treat crypto any differently? ⁉ Btw, you can park #crypto in a #DAF too. 📈 #Fundraisers, start with your #existing donors. Just ask, the results will surprise you. 👀 #tax #donoradvisedfunds #cryptophilanthropy

Tax Day is coming up on April 15th! 🚨 ➪ As you prepare to file, be sure to account for your charitable giving in 2023. If you used Charityvest, you can find your 2023 year-end tax statement in your account at any time. 👍 Looking ahead at 2024, it’s important to know HOW and WHEN charitable giving is tax-advantaged. In a previous blog, we covered: ✅ The basics of tax-advantaged charitable giving, including income tax deductions ✅ Itemizing vs. taking the standard deduction ✅ Deduction limits ✅ The benefits of donating assets like stock or cryptocurrency We always recommend consulting with an expert on tax matters, but we’re here to help on your journey to tax-smart giving! Check out more on this topic below. #DonorAdvisedFunds #DAFs #TaxDay #TaxDay2024

The conversation that changed everything: Client: "Can we donate crypto to our DAF?"  Traditional Provider: "Only Bitcoin or Ethereum."  Client: "What about private company shares?"  Traditional Provider: "That's complicated and will take some time"  Client: "Can my advisor manage my charitable assets?"  Traditional Provider: "Sorry, our portfolios are preset" Enter Endaoment Donor-Advised funds:  ✓ Accept any asset  ✓ Custom portfolio management  ✓ Advisor-controlled strategies  ✓ Modern user experience Simple. Efficient. Future-ready. Because charitable giving shouldn't be stuck in the past. #WealthManagement #FinancialAdvisors #PhilanthropicPlanning

Charles Schwab President Rick Wurster: "60% of our new clients that come into Schwab every year are from people that are under 40." Video here: https://lnkd.in/djG_wysa #Nonprofits, if you don't have an automated stock giving tool, along with DAFs and crypto (Schwab is also moving big into crypto too), you are missing modern donor's preferences for giving. Don't just put a phone number or email for giving noncash assets. The young donors you are looking for want an automated donation from, they don't want to have to start a whole conversation. #Crypto #Stock #DAFs

Did you know that Surge for Water accepts crypto donations? Part of addressing the global water crisis with forward-thinking solutions is making sure we invite as many people as possible to help us achieve our goals. In fact, in addition to crypto, Surge also accepts stock, donor-advised funds, and various non-cash assets—it’s up to you! Our organization has long been proactive about our ability to evolve with changing trends and current tech. We’ll always accept good, old-fashioned dollars and checks—or even the coin-stuffed jar atop the fridge—but it’s important for us to ensure we also offer a modern, secure, and tax-efficient way to donate like crypto. It offers an exciting tax benefit while helping our team continue our critical work. Crypto has more power than ever right now and you can use its current high to help rural communities around the world have access to safe water, toilets, and education.

As we approach the end of the year, we want to thank you for your generosity and commitment to Greater Good Charities. Year-end is one of the most impactful times for charitable giving, and we’d like to share some ways you can make a meaningful difference while also enjoying potential tax benefits! Giving assets like Donor-Advised Funds (DAF), stocks, Qualified Charitable Distributions (QCD), or cryptocurrency by December 31st can provide valuable tax advantages and maximize the impact of your gift. Non-cash contributions help fund our mission in powerful ways and provide long-lasting support to people, pets, and the planet. Learn more about how to give smarter and #AmplifyTheGood with non-cash assets by visiting our Other Ways to Give page: https://hubs.ly/Q02Yz09N0

Did you know noncash assets may be given for charitable purposes? This can be any combination of wealth you may hold outside of cash on hand and money in your bank account, including: • Publicly traded stock and mutual funds • Privately held stock • Cryptocurrency • Farm and business equipment • Real estate • Life insurance Gifts of noncash assets may be utilized to amplify your charitable giving impact and are a great way to positively impact your favorite causes. Together, let’s explore options beyond giving the cash in your bank account. See https://lnkd.in/gfZwE_TR and thrivent.com/social for important disclosures.

Did you know? Every $1 donated to Building Markets can help generate $8 in revenue for small businesses, creating jobs and supporting economic resilience in underserved communities, and we now partner with The Giving Block to help people make impact easily and tax efficiently with crypto. Crypto donations support Building Markets work to empower entrepreneurs and build self-reliant communities worldwide—let’s leverage the power of crypto to create change that lasts.👇 #CryptoForGood https://lnkd.in/eM_3KVNm

Ever thought about setting up a trust? A trust is like a secure vault for your assets with a built-in manager who takes care of them according to your wishes. Trusts offer unique benefits: they can help secure your children's future, manage creditor obligations, or even support a charitable cause. 💵 The real advantage? A trust allows you to retain control over your assets, even when you're no longer around. Check out our latest video to learn more about how trusts work and whether they might be a good fit for your plans.👇🏼 #legalsupport #web3 #blockchain #legalservices #tax