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 alone accounts for about 26% of all charitable giving? Your year-end gift can make a significant difference in your community and beyond.

At the Community Foundation for Southeast Michigan, we are here to help you give in ways that align with your values and create lasting change. Below, we’ve outlined seven key considerations to help you plan your year-end giving thoughtfully. Our Donor Services team is ready to answer any questions or explore these ideas with you. Contact us at 313-961-6675 or DonorServices@cfsem.org.

• Reconnect with Your Goals

  • Think about the causes and organizations that matter most to you. Are you interested in immediate impact or building a legacy for future generations? Whether you want to address urgent needs today or create a fund that supports your passions in perpetuity, now is the time to shape your charitable giving to align with your aspirations.

• Explore Your Fund Options

  • The Community Foundation offers many ways to give. A donor-advised fund allows you to make a charitable contribution now while recommending grants to your favorite organizations over time. Prefer a specific focus? Consider establishing a scholarship, designated fund, or a field-of-interest fund to address issues like education, the arts, or the environment. We’ll help you determine what type of fund fits your goals.

• Understand the Benefits of a Donor-Advised Fund

  • A donor-advised fund offers a flexible and tax-efficient way to support the causes you love. You can contribute assets such as cash, stock, or other appreciated assets, receive an immediate tax deduction, and recommend grants over time. Many donors find that a donor-advised fund operates like a private foundation but without the administrative burden and expense.

• Maximize Your Tax Benefits

  • Consider “bunching” your contributions to maximize your tax deductions. By contributing several years’ worth of giving into a donor-advised fund in one year, you may exceed the standard deduction threshold, allowing you to itemize. This strategy lets you plan for long-term giving while optimizing your tax benefits.

• Think Beyond Cash

  • Cash isn’t the only way to make a difference. Gifts of appreciated securities or other assets often provide greater tax advantages. By donating these assets to the Community Foundation, you can avoid capital gains taxes while maximizing your charitable impact.

• Consider Your Long-Term Legacy

  • Have you thought about including charitable giving in your estate plan? Creating a legacy gift ensures that the causes you care about will continue to thrive for generations. We can work with you to establish an enduring legacy that reflects your values.

• Connect with The Community Foundation

  • Philanthropy has the power to transform lives—including yours. At the Community Foundation for Southeast Michigan, we’re here to help you make a meaningful impact through thoughtful and effective giving. For assistance with any gifts please call our Donor Services team at 313.961.6675 or use the form below to email us.