Philanthropic Insights
Beyond the tax deductions: Selecting a vehicle to celebrate and support a family’s culture of philanthropy
For many donors, the importance of a multi-generational family philanthropy plan is high on the radar, especially in the wake of 2020’s eye-opening events highlighting the importance of rallying around important social and community priorities. How do you know when a client’s family is a strong candidate for more formal…
Red hot real estate: Structure smart gifts to charity without getting burned
The housing market is showing no signs of slowing down in 2021. For certain clients, this presents a strong opportunity for charitable gifts of real estate, whether a primary residence, second home, rental property, or even niche commercial property that’s benefited from a multi-faceted pandemic marketplace. As is the case with…
Back to basics: Retirement plans and life insurance can fuel meaningful bequests
Your client’s fund at Greater Cincinnati Foundation can be an ideal recipient of estate gifts through a will or trust, or through a beneficiary designation on a qualified retirement plan or life insurance policy. Bequests of qualified retirement plans can be extremely tax-efficient because GCF is tax-exempt. This means the…
A Treat to Boost 2021: Congress Extends Charitable Giving Incentives
As your clients reboot after a wild 2020, now is a great time to address their charitable giving plans for 2021. COVID-19 has proven to be a marathon, not a sprint. Nonprofit organizations in the Greater Cincinnati region will be relying on the generosity of donors for the foreseeable future…