Philanthropic Impact

 

Information and Resources for Donors and Professional Advisors

The rise of 401(k)s: Three must-know tips for charitable giving

As an attorney, CPA, or financial advisor, you’ve probably seen the news that the number of 401(k) accounts with balances topping $1 million had risen by 9.5% to 544,000 as...

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Community Foundation anticipates tax policy changes, urges proactive charitable planning in 2025

With the new year underway, the Community Foundation for Southeast Michigan is watching the shifting landscape in Washington, D.C., with a Republican-led Congress and President Trump’s return to the executive...

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Make a Greater Impact This Year: Your Charitable Giving Year-End Checklist

As the year draws to a close, it’s the perfect time to reflect on the causes you care about and make plans to support them. Did you know that December...

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Year-end checklist for clients’ charitable giving

Charitable giving during the final few weeks of the year makes up a significant portion of total revenue for most organizations. Some research even shows that a whopping 26% of...

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Worth a double take: QCD Reminders

For your charitably-inclined clients who are 70 ½ and older, we simply cannot emphasize enough the benefits of a tool known as a Qualified Charitable Distribution, or “QCD.” A QCD...

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How the Community Foundation for Southeast Michigan Can Help You Create Lasting Impact 

By Lindsey Rossow-Rood Director, Donor Services Philanthropy offers a powerful way to shape the world around you, but it can sometimes feel overwhelming to navigate all the options. Whether you’re...

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Charitable Planning with Retirement Assets for Minor Children and Special Needs Beneficiaries

IRS issues final regulations on SECURE Act and SECURE 2.0 On July 18, 2024, the IRS issued final regulations on distributions from retirement plans relating to the SECURE Act passed...

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Federal Agencies Power Curtailed

The Supreme Court cut back sharply on the power of federal agencies to interpret the laws they administer and ruled that courts should rely on their own interpretation of ambiguous...

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What the shift toward private markets means for your philanthropic clients

It’s not your imagination! More and more of your clients are investing in private markets instead of simply limiting their strategies to stocks listed on the exchanges. Indeed, the number...

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Drawing up a budget: Federal springtime process begins

President Biden’s fiscal year 2025 budget requests are hot off the press. Included in the revenue proposals are provisions that eliminate counting payments to certain “disqualified persons” (including family members)...

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