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Don’t Decline Noncash Gifts With Only 3 Weeks Left!
We expect to complete $1 billion in noncash donations this year with over $500 million in December transactions alone. Every single one of these completed donations was declined by the referring charity the donor was trying to give it to in the first place. Our 20-person team will be fully available through 12/31 including weekends so…
Read MoreCryptocurrency Processing Options/Best Practices: From Major Gifts to CRTs/CGAs
You may have heard about cryptocurrency once or twice or ten thousand times recently! Your donors/clients have too. We had a free webinar on Cryptocurrency Donations Explode last year (when Bitcoin was $19K, today it is $63K!) which covered a broad-based look at the market and charitable planning opportunities. This session will cover more of…
Read MoreNoncash Record Year ALREADY! Deconstructing Trends, Themes and Interesting Gifts
I had the pleasure of celebrating my 27th year of gift planning in 2021 and I have never experienced anything like the flow of new noncash gifts, trending now. Even amid the pandemic, donors had/have dozens of very rationale reasons not to give, yet last year set records across the board. And this year looks to…
Read MoreCHARITABLE GIFT ANNUITIES 101 – What they are, where they fit and how to get more …with no risk!
Gift annuities (CGAs) have existed in the US for more than 150 years (and in Europe since the Middle Ages)! While they are the most popular form of life income gift by far, many fundraisers and professional advisors receive little to no formal education about what they are and how they work. For donors, CGAs represent…
Read MoreEverything You Need to Know about the Chartered Advisor in Philanthropy (CAP) Designation
Since starting this webinar series, I have enjoyed writing and speaking about timely tax issues, unique gift transactions or hot asset classes. This month, I want to talk about “sharpening the saw” by embarking on a CAP® designation. Even if you have already earned it, you now have 2,300 fellow CAP alumni! This session will…
Read MoreThis Isn’t Your Grandfather’s Gift Annuity PART II: Six MORE Advanced CGA Applications
Gift annuities are the oldest, simplest, and most popular life income giving vehicle (there are more gift annuities than all other split interest gifts combined!). But that doesn’t mean they can’t provide solutions to complex assets or planning goals. Last month, we at Charitable Solutions, LLC, discussed The Now-N-Later Impact CGA, The Testamentary Stretch IRA…
Read MoreThis Isn’t Your Grandfather’s Gift Annuity:
Three Advanced CGA Applications The Now-N-Later Impact CGA, Testamentary Stretch IRA CGA and Crypto CGA Gift annuities are the oldest, simplest and most popular life income giving vehicle (there are more gift annuities than all other split interest gifts combined!). But that doesn’t mean they can’t provide solutions to complex assets or planning goals. In…
Read MoreNoncash Qualified Appraisals Gone Wrong: Deconstructing Appraiser(al) Requirements and Forms 8283/8282
Most of us are aware that IRS will disallow a claimed deduction for a noncash contribution in excess of $5k, other than marketable securities, unless it is supported by a “qualified appraisal.” But what exactly does that mean? When is an appraisal not “qualified”? Who is or is not a “qualified” appraiser? If the gift…
Read MoreIt’s a Brave New World: Charitable Gifts of SPACs, PIPEs and NFTs
One year ago, many of you probably didn’t know there was even such a thing as a Zoom consultant. And you probably had also never heard of Special Purpose Acquisition Company (SPAC), a Private Investment in Public Equity (PIPE) or a Non-Fungible Token (NFT). Your donors/clients not only expect you to know what these vehicles…
Read MoreCharitable Gift Annuity Reinsurance:
What It Is, What It Isn’t, When It Works and When It Doesn’t With so much economic volatility over the last 15 years, charities are increasingly exploring reinsurance as a risk management strategy for gift annuities. While it is a relatively simple concept, charities and advisors have erroneous preconceived notions about the viability of reinsurance…
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