![On the Upswing On the Upswing](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blta1b794af4f4f6ac2/6733e3d8f196930cb82e17ea/philanthropy-promo.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
The past year has been an eventful one in the world of philanthropic planning. The ongoing economic recovery has resulted in more discretionary income and record values of investment markets. At the same time, interest rates and inflation have remained low. In addition, taxpayers began to feel the impact of higher federal income taxes and lower estate taxes introduced in 2013.
The combination of these environmental factors has always boded well for charitable giving. After a number of challenging years following the onset of the Great Recession, giving in 2014 may have returned to levels not seen since 2007.
It’s helpful to those advising philanthropically inclined individuals to examine the most important factors related to the rise in c...
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