5 Best Practices For Philanthropists

Maggie Mayer Charitable Giving, Estate Planning, Tax Planning

For hundreds of years, across all cultures and lifestyles, philanthropy has been an integral part of society, forging the way for great educational and art institutions, human service organizations, and many neighbors giving their communities an extra hand. Today, those who choose to give to charity do so in new ways and for a variety of reasons. While the end goal has remained the same – positive, charitable impact – the road to get there now requires a commitment to intentional, thoughtful, well – planned giving.

Tax Bunching

Maggie Mayer Charitable Giving, Tax Planning

We Americans are a giving people. For 2016, $390 billion was donated to charity. Individuals (as opposed to foundations and corporations) donated $282 billion of the $390 billion (72%).