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...
Information and Resources for Donors and Professional Advisors
Feb 6th 2025
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...
Jan 21st 2025
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...
Dec 3rd 2024
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...
Nov 26th 2024
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...
Nov 26th 2024
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...
Sep 6th 2024
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...
Jul 31st 2024
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...
Jun 30th 2024
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...
Apr 8th 2024
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)...
Apr 4th 2024