The 2024 National Study on Donor Advised Funds
The Donor Advised Fund Research Collaborative (DAFRC) has released the 2024 National Study on Donor Advised Funds. This is the largest independent study on donor advised funds to-date. 111 DAF...
Information and Resources for Donors and Professional Advisors
Apr 19th 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
Proposed Regulations: Taxes on Taxable Distributions from Donor Advised Funds (IRC §4966)
On February 29, 2024, the Department of Treasury issued a notice of a public hearing on the Proposed Regulations which will be held on May 6, 2024, at the IRS....
Feb 29th 2024
EPIC Omnibus Legislation Enacted with Sweeping EPIC Amendments
The EPIC Omnibus bill was signed into law on February 21, 2024, and takes immediate effect. 2024 PA 1. The new law, put forward by the Probate and Estate Planning Section...
Feb 21st 2024
IRS Proposed Regulations
Taxes on Taxable Distributions from Donor Advised Funds (IRC §4966) The IRS released the first installment of proposed regulations in November of 2023 providing guidance on certain tax rules applying...
Dec 18th 2023
“I still don’t get it”: TLC for your clients’ QCDs
Despite the Qualified Charitable Distribution’s (QCD) position as a financial media darling, mentioned in hundreds of articles every week, it’s still not an easy concept to get your head around....
Dec 18th 2023
2023 Year End Charitable Planning Reminders
Tax Benefits Charitable contribution deductions for donations to public charities are limited to 60% of AGI for cash gifts, while the limit for appreciated non-cash assets held more than one...
Dec 18th 2023
The elephant is not in the room: How to bring up giving to clients who are not doing it yet
As an advisor, many of your client conversations are quantitative—numbers of dollars for income, expenses, investments, taxes and the like. And while charitable contributions can be part of the mix,...
Dec 18th 2023
It’s that time of year: Three reminders for client’s charitable giving
December 31 is fast approaching, and that means income tax deadlines are beginning to loom large. As you work with your clients this month, try to get ahead of the...
Nov 20th 2023