Project Tribute Foundation’s Post

With Giving Tuesday here and the December 31st charitable giving deadline fast approaching, we wanted to share a reminder that charitable contributions can be financially advantageous, especially when well-planned. Here are some general strategies that high-net-worth individuals can employ: ✨ Gift Appreciated Assets - Donating long-term appreciated assets like stocks directly can increase your donation's value by avoiding capital gains tax. ✨ Donor-Advised Funds (DAFs) - Establishing a DAF allows for immediate tax deductions while supporting your favorite charities over time. ✨ Early Contributions - Maximize tax benefits by making substantial donations during high-income years. ✨ Qualified Charitable Distributions (QCDs) - If you’re 70½ or older, donate up to $105,000 tax-free from your IRA to a qualifying charity. For tailored advice based on your unique financial goals, reach out to us today. We are here to help you make the most of your generosity. #Philanthropy #GivingTuesday #Nonprofits #CharitableGiving

December is the most popular month for opening Donor Advised Funds (DAF), and it’s easy to see why when considering the advantages of a DAF over a Private Foundation. Here are some key benefits: 1. **No Annual Minimum Distribution Requirement**: Unlike private foundations, which are required to distribute at least 5% of their assets each year per IRS rules, Donor Advised Funds don’t have this mandatory payout. This allows for more flexibility in how you manage your charitable giving. 2. **Tax Advantages**: You can donate cash and appreciated securities to a DAF and avoid paying capital gains on the donation, which maximizes the value of your contribution. 3. **Flexibility in Contributions and Distributions**: With a DAF, you can contribute funds on your timeline and take your time deciding which causes and charities to support, providing you with greater involvement in your giving strategy. For more information or to explore how you can open a Donor Advised Fund with the Coral Gables Community Foundation, please contact our President and CEO, Mary Snow, at Mary@GablesFoundation.org. #CharitableGiving #DonorAdvisedFund #DAF #CGCF #CoralGablesCommunityFoundation #Philanthropy

As we approach tax season, it's the perfect time to consider making a charitable donation. Did you know that any donation over $2 to an endorsed charity such as Anchor can be claimed as a tax deduction? This means you can lower your taxable income while contributing to a cause that makes a difference in the lives of those doing it tough. Why donate now? ✅ Boost Your Refund: Donations can increase your tax refund by reducing your taxable income. ✅ Support Worthy Causes: Your contributions can make a significant impact on the community and those in need. ✅ Feel Good: Giving back is a rewarding experience, knowing you're helping to make a positive change. Help your tax return, while helping families experiencing homelessness. Jump on our website here: https://lnkd.in/djB89wtQ For more information on taxable donations, visit the Australian Taxation Office: https://lnkd.in/gj3UUeNc #TaxSeason #Charity #Donations #TaxDeduction #GiveBack #CommunityImpact #BetterTogether

The holiday season reminds us that giving is about more than just money—but smart giving strategies can help you do more good. Year-end charitable giving tips to consider: 🔹 Bunch your gifts: combining multiple years of donations could exceed the standard deduction. 🔹 Give appreciated assets: Donating stocks directly to charity can save on capital gains. 🔹 Consider QCDs: If you're 70½+, give directly from your IRA to satisfy RMDs. Want to optimize your giving strategy? Message me to connect with a Charitable Gift Planner for a complimentary consultation. - #CharitableGiving #FinancialPlanning #TaxStrategy Disclosures: thrivent.com/social

As we near the year's end, let's reflect on our community's impact and envision future commitments to Jewish values. Guided by tzedakah, year-end donations support the work of the Jewish Federation, ensuring our capacity to continue creating a thriving Jewish community locally and globally. Make a Meaningful Impact: Your donation can make a direct difference in the lives of those in need. Whether it’s helping to provide meals for the hungry, supporting education initiatives, or providing disaster relief, your generosity can have a lasting impact. Maximize Tax Benefits: One of the key advantages of charitable giving at year-end is the opportunity to reduce your taxable income. Donations made before December 31st are eligible for tax deductions in the current year, helping you lower your tax bill while supporting the causes you care about. Inspire Others to Give: By making a year-end donation, you can inspire others in your network to follow suit. Your example may encourage friends, family, or colleagues to donate, amplifying the collective impact of your generosity. Take a moment this year to make a donation and be part of something greater. Consider contributing before December 31st. https://lnkd.in/gKjxDiNi #jewish #portlandoregon #charitabledonations #tdedakah #jewishfederationsofnorthamerica

As we approach Giving Tuesday and the crucial December 31st charitable giving deadline, we want to remind you of the financial benefits of strategic philanthropy. Our team at CJFS is here to guide YOU in potentially maximizing your charitable impact and tax benefits. Here are some strategies to consider: ✨ Gift Appreciated Assets: Enhance your donations by avoiding capital gains tax when donating long-term appreciated assets like stocks. ✨ Donor-Advised Funds (DAFs): Enjoy immediate tax deductions and support your favorite causes over time with a DAF. ✨ Early Contributions: Optimize tax advantages by donating during high-income years. ✨ Qualified Charitable Distributions (QCDs): If you are aged 70½ or older, donate up to $105,000 tax-free from your IRA to eligible charities. For personalized advice tailored to your financial goals, contact our team today. Let us help you make your generosity count. #Philanthropy #FinancialPlanning

I am often asked to donate money to different charities. I understand the money can go to good causes and I even get a tax break. But is handing money the best thing I can do? Can I benefit them more in a different way? I've found that rather than simply giving money, investing time and skills can have a far greater impact. Offering strategic advice or sharing industry insights can empower a charitable organization to build long-term success. Don't underestimate the power of knowledge and the ripple effect it can create. Remember, money comes and goes, but the foundation we help build today can sustain the good work charities do for years to come. Next time you're asked for a donation, consider offering more than just your wallet. Your expertise is a gift too, make it count. I'd love to hear some examples of ways that you have addressed this issue.

It's that time of year for giving back! There are many options out there, but we want to tell you about Donor-Advised Funds. 💡 What is a Donor-Advised Fund? A Smart Way to Give Back. A Donor-Advised Fund (DAF) is like a charitable savings account: 1️⃣ Make a donation of cash, stock, or other assets. 2️⃣ Get an immediate tax deduction. 3️⃣ Decide which charities to support—on your timeline. Donated assets can even grow tax-free in the fund, maximizing your impact for the causes you care about. It’s flexible, simple, and tax-smart! Many financial institutions and non-profits offer DAFs. Search for it on their website or give them a call to give back smarter this year.

Looking for ways to support causes you care about and save money in the process? Read on for some of our favorite tips for tax-efficient giving!

🌟 Want to make a real impact? Here's how you can give to the LINC Worldwide Donor Advised Fund and help neglected children thrive! 👇 🔹One-Time Donation: Make an immediate difference with a single contribution. 🔹Recurring Gift: Set up a monthly, quarterly, or annual gift to provide ongoing support. 🔹Stock or Securities Donation: Contribute appreciated assets for a tax-efficient way to give. 🔹Planned Giving: Include LINC in your will or estate planning to create a lasting legacy. 🔹IRA Charitable Rollover: For those 70½ or older, donate directly from your IRA to reduce your taxable income. Ready to give? Check out the details here! https://lnkd.in/eEHDzfig