Philanthropic Insights

“I want to start a foundation” is a phrase you may have heard from your clients in the past. And while a private foundation can be a great fit for the right person, an exploration of alternative structures can be very valuable to your client’s estate or financial plan. Here…

As attorneys, CPAs, and financial advisors, you know very well that trust is at the core of your relationships with clients. Your clients are seeking a similar level of trust with the people and organizations that are helping carry out their philanthropic wishes. Fortunately, trust in charities has shown an…

A major transfer of wealth, often referred to as the “Silver Tsunami,” is happening as your Baby Boomer clients establish financial and estate plans to pass their wealth to their Gen X and Millennial children. The dollars involved are eye-popping. The 2024 Cerulli Associates study estimates that $124 trillion in…

Most of your philanthropic clients likely support a wide variety of charities year after year, and represent a range of motivations, including personal experience, a role as a volunteer or board member, family tradition, or alignment with values and community priorities. Especially when the organizations your clients support are local,…

Tax season is a great time to cover tax planning strategies for the current year and beyond, and there are a few specific reasons why your clients may benefit from a conversation earlier in the calendar year. Evaluate QCDs sooner rather than later. If: Your client missed the 2024 deadline…

Whether your client is tax planning, updating wills and trusts or structuring retirement portfolios, the mix of money, family and mortality is a potent combination that almost always creates an emotionally charged planning environment. A strong grasp of the client’s big picture allows you to truly recognize opportunities for charitable…

Is it true that the happiest clients seem to be those who’ve incorporated charitable giving into their estate and financial plans? It’s hard to dispute that philanthropy offers both emotional and rational upsides to your clients. Advisors who can lean into these benefits are viewed by their clients as effective,…

Greater Cincinnati Foundation (GCF) is the region’s leading community foundation, bringing together people who care about a diverse range of causes and have a shared goal: to create a stronger, more vibrant community now and in the future in the tri-state region. If you’re a professional advisor, GCF can partner…