Must-know tips for clients’ year-end giving

We know you’ve got a lot on your plate as the end of the year approaches. Even if charitable giving does not appear on the surface to be a burning issue in client meetings, it’s still crucial that you keep in mind a few essential charitable giving techniques because your clients do care. Please scan these three important techniques, and please reach out to the Lincoln Community Foundation on any matter related to charitable giving. 

–Encourage clients to consider giving highly-appreciated stock, not cash, to their funds at LCF, thereby maximizing tax benefits.

–Help clients evaluate a “bundling” or “bunching” technique to make gifts to donor advised funds at LCF, exceeding the currently high standard deduction to be able to itemize. Then, donor advised fund assets can be used over the next few years to support clients’ favorite charities.

–Help clients who are 70 ½ and older make Qualified Charitable Distributions (“QCDs”) directly from IRAs to designated or field-of-interest funds (donor advised funds are ineligible recipients) at the Lincoln Community Foundation–up to $105,000 per person. Plus, QCDs satisfy RMDs! 

Reach out to our Philanthropy Services team today! November is the time to set things in motion so you don’t get caught up in the year-end rush. We are here for you.