From volunteering to legacy giving: Building your future donor base
Today’s volunteers—especially younger ones—are deeply motivated by a desire to make a difference. In fact, about 8 in 10 people ages 12 to 25 report participating in some form of service, often through flexible, everyday acts like organizing donation drives or helping others in their communities.
Inspiring donors: Examples are powerful!
Recent headlines and commentary highlighting the nation’s top philanthropists serve as a powerful reminder that generosity remains strong, even in uncertain times. Well-known donors like Michael Bloomberg and others on the “Philanthropy 50” list continue to make transformational gifts across sectors—from education and public health to the arts and climate initiatives. Their giving is bold, strategic, and deeply impactful.
Case study: Charitable giving in a down market
As you guide clients through ongoing market uncertainty, you may be noticing that conversations are becoming as much about perspective as performance metrics. While headlines may or may not ultimately signal a prolonged downturn, the mere possibility of a bear market can influence how clients think about everything from retirement timelines to charitable giving. As an advisor, you have an opportunity to help clients stay grounded and intentional, even when emotions are running high.
Transferring a private foundation? Remind clients to communicate
What began as a seemingly logical vehicle for organizing a family’s philanthropy can, over time, become administratively burdensome, especially as leadership transitions to the next generation. In many cases, transferring a private foundation’s assets to a donor-advised fund at the community foundation can offer a simpler and more flexible path forward.
Serving charitable clients: Dual strategies emerge
As tax laws and market dynamics continue to shift, it is important for attorneys, CPAs, and financial advisors to be aware of two increasingly distinct groups of donors. On one hand, the high federal estate tax exemption and new restrictions on itemizing charitable deductions are creating unique needs for your clients whose assets exceed $30 million. On the other hand, the new charitable deduction for non-itemizers offers an entry point and incentive for your clients who are just starting out in their careers or still building wealth.
Deepening your impact in times of need.
As you think about your charitable giving this year, this may be a good moment to step back and consider not only where you give, but also how you structure your giving for long-term impact.