Make sure clients can claim donations
Wealthy have returned to pre-recession levels of support for charities.
Boomers in the U.S. contribute 43% of all giving, finds a new study. Meanwhile, 11% of Gen Y donates to charities, and 20% of Gen X.
Community foundations help clients give back
Beth Israel Medical Center let copper heiress Huguette Clark live in a hospital room for 20 years while various officials campaigned her for donation dollars, says the New York Times.
When it comes to charitable contributions, the Budget proposed some positive changes.
Your client wants to give to charity. But before he makes a donation, warn him about gifting tax shelter schemes. If it seems too good to be true, it probably is, says the Canada Revenue Agency (CRA). For example, if a tax shelter promoter offers a tax receipt for a larger amount than the donation […]
'Tis the season to give, and what better way to do so than to give to those less fortunate?
You help clients build wealth. Now, help them give it away
Kickstarting the donation discussion with clients can be difficult, so here's 10 situations that might spur clients to give.