Young adult couple talks mid adult female advisor and reaches out to shake hands with the wife.

Financial Advisors: Donor-Advised Funds for Charitable Clients

Sarah NavranProfessional Advisors

From major life transitions to the small moments in between, financial advisors can be there for every step along the way. Many clients lean on financial advisors to seek guidance in growing their wealth for personal life experiences, but also to use it to better the world around them. Among the different types of charitable investment accounts available, donor-advised funds …

Rearview shot of a senior couple going for a walk in the park

How You Can Give with Your IRA: Qualified Charitable Distributions

Sarah NavranIndividual & Family Giving

If you’re stepping into retirement, you might be asking yourself, “What’s next?” Many donors we meet at the Community Foundation already have their answer. They’re pivoting from their working years to their giving years. Some might establish a donor-advised fund. Others dedicate more time to volunteering. Those who are at least 70 ½ years old have another option, as they may …

Family dancing and celebrating New Year's Eve outdoors. Confetti in focus.

Planning for 2023 Year-End Giving

peterson@growyourgiving.orgCommunity Foundation News

It’s giving season! As we approach the end of the year, our team at the Greater Kansas City Community Foundation is all-in to help philanthropists establish new charitable funds, contribute to their funds and process year-end grants to nonprofits. Here are our tips for giving this year-end. Opening a New Charitable Fund at the Community Foundation We’re here to help …

Happy couple talking to their insurance agent on a meeting in the office.

Unlocking Philanthropic Potential: 4 Must-Know Benefits About Donor-Advised Funds

Sarah NavranCorporate Charitable Giving, Individual & Family Giving

A donor-advised fund is a charitable investment account that allows donors to organize and optimize their giving potential. Although donor-advised funds have been around since the 1930s, they have become the fastest-growing charitable giving vehicle in the United States in recent years. Let’s explore four key benefits that make donor-advised funds at the Community Foundation a popular choice for individuals, …

Charitable Solutions for Business Owners: Greater Impact, Fewer Worries

breiby@growyourgiving.orgCommunity Foundation News, Corporate Charitable Giving, Professional Advisors

If you own a private company, you might have a long list of things that keep you up at night. After you tick through budgets, employees, customers and competitors, is your exit strategy at the bottom of the list? If you’re not a late-night worrier, maybe you spend your nights dreaming of retirement, knowing that you’re working hard now to …

Estimate Tax Deductions, Annual Payments, and More Using a Charitable Remainder Trust Calculator

Estimate Tax Deductions, Annual Payments, and More Using a Charitable Remainder Trust Calculator

breiby@growyourgiving.orgCommunity Foundation News

For those with highly appreciated assets and a desire to receive an income stream while mitigating taxes and supporting a charitable organization, a charitable remainder trust (CRT) might be the solution. A CRT is a “split-interest” giving arrangement, allowing philanthropically minded people to support their charitable goals, yet they or their beneficiaries receive income from the trust. Once the distributions …

Your Guide to Donating Complex Assets

peterson@growyourgiving.orgIndividual & Family Giving

With a donor-advised fund or other charitable investment accounts, you can easily set aside gifts of cash and publicly traded securities for your immediate or long-term grantmaking. Our team at the Greater Kansas City Community Foundation is equipped to handle more complex gifts to donor-advised funds, too, which means you can consider your full financial portfolio for your philanthropy. In …

Year-End Giving Tax Strategies: A Conversation with Vice President & Corporate Counsel Corey Ziegler

breiby@growyourgiving.orgIndividual & Family Giving, Professional Advisors

In part one of a two-part series on year-end giving on the Grow Your Giving podcast, Community Foundation Vice President and Corporate Counsel Corey Ziegler recently shared five strategies to consider for tax-efficient charitable giving in the last few weeks of the year. Corey discussed the following topics: The CARES Act IRA Qualified Charitable Distributions Bunching Donations in a Donor-Advised …

CARES Act: Charitable Deduction Summary

breiby@growyourgiving.orgCorporate Charitable Giving, Individual & Family Giving, Professional Advisors

The CARES Act, signed into law on March 27, includes provisions that affect both individual and corporate donors. Specifically: 60% of AGI Limit Suspended for 2020 For the 2020 tax year, individuals can deduct any cash contributions made to qualified charitable organizations, up to 100% of their adjusted gross income (AGI). Deductions for cash donations were previously limited to 60% …

Making a Greater Impact: A Conversation with Mollie Carter and Paul Chan

breiby@growyourgiving.orgIndividual & Family Giving, Professional Advisors

Greater Kansas City Community Foundation Investment Analyst Trey Corbett sat down with Community Foundation donors Mollie Carter and Paul Chan on the most recent episode of the Grow Your Giving podcast to discuss impact investing, a strategy where donors use their charitable assets to make a social or environmental impact with a financial return. The Community Foundation has helped donors …