Every so often, about once every three months or so, David Hansen makes a trip usually early in the morning to Costco. He fills one of those industrial shopping cart dollies with granola bars and juice boxes about 25 cases of each
We predict that donor-involved giving is going to increase in the long-term as Baby Boomers enter retirement, the time at which people tend to grow more philanthropic
International giving has been one of the fastest growing sectors in U.S. philanthropy in the past few years. We expect planners will continue to see wealthy clients interested in giving abroad despite the current global financial crisis and...
We are not sounding an alarm that there will be a collapse of charitable giving in 2009. Clearly, conditions are ripe for both an economic and philanthropic breakdown. We may suffer a worst-case scenario: the Dow Jones Industrial Average declining...
A recent Internal Revenue Service Chief Counsel Memorandum concluded that a trust could not claim a charitable income tax deduction after it had received taxable IRA distributions (that is, income in respect of a decedent or IRD)1 and then...
The Internal Revenue Service has issued a warning to certain sellers of charitable remainder income interests and to their advisors. In Notice 2008-99 (released on Oct. 31, 2008), the IRS has identified as a transaction of interest a certain type...
The wobbly economy and plunging stock market might cause some of your clients to start thinking less about charitable giving and more about charitable receiving. But for those not lining up at the local soup kitchen, the motivation to give to...
The IRA rollover to charity has been extended through 2009. Buried in the $700 billion banking bailout legislation (officially known as the Emergency Economic Stabilization Act of 2008) that was passed by Congress and signed by President George W...
