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The “Why” Behind a GiftThe “Why” Behind a Gift

Understanding more than the what, when and how is key.

Robert F. Sharpe, Jr, CEO

September 21, 2018

11 Min Read
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Recently published reports indicate that Americans donated to charities at record levels in 2017, continuing an upward trend experienced since 2010, as charitable giving recovered from the largest decreases since the Great Depression.1   

Some commentators have predicted that this growth may slow down or reverse in light of the Tax Cuts and Jobs Act of 2017 (the Act). History reveals that giving levels have indeed slowed in the past when the value and/or utility of the federal charitable income deduction has been reduced due to federal tax law changes. These declines have always proved to be limited to one year at most with renewed growth resumed as individuals and their advisors have quickly adapted to changes. See “The Ups and Downs of ...

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About the Author

Robert F. Sharpe, Jr

CEO, Encore

Robert F. Sharpe, Jr. is CEO of Encore in Memphis, Tenn. He is a nationally recognized pioneer, leader and authority in the field of philanthropy. During more than 35 years serving America’s nonprofit community, he has consulted nationally with educational, health, social service, arts and religious organizations and institutions in the planning and implementation of their major, planned gift and endowment development efforts. A graduate of Vanderbilt University and Cornell Law School, he served as a development officer for a liberal arts college prior to practicing law with a major law firm specializing in taxation and estate planning.

Robert is chairman of the philanthropy editorial board of Trusts & Estates magazine and co-author of the National Association of Charitable Gift Planners (CGP) Model Standards of Gift Valuation. He has served on the board of Giving USA and on strategic task forces for the CGP. Among other publications, his remarks have been featured in The Wall Street Journal, The New York Times, Newsweek, Forbes, Smart Money, The Chronicle of Philanthropy and Kiplinger’s.

He is a frequent speaker at gatherings across the country including Planned Giving Councils in New York, Washington, Chicago, and Los Angeles, the National Association of Charitable Gift Planners national conference, the Association of Fundraising Professionals (AFP) National Conference, and the American Bankers Association Wealth Management and Trust Conference.