Blog
A Mentality of Abundance
Some people live with a mentality of scarcity and some with a mentality of abundance. Some think of charitable giving as taking a piece of their pie and giving it away so less pie remains for them and their family. But charitable giving is more like inflating a...
Showing Appreciation
When I was chair of our church’s endowment fund, we instituted a successful program of thanking our planned giving donors. In addition to the usual written and telephone thank you, we held an event every year for the legacy society. I referred to it as our “report to...
Intelligent Planned Giving
Michael Rosen, in his forward to the book, Donor-Centered Planned Gift Marketing, refers to planned gifts as the major gifts of the middle class. The point being, that no donor or charity is too small to not be involved in planned giving. Planting a tree under which...
Endowment Growth More Important Than Ever
Recently, articles have appeared that review the results of charitable giving for 2018. The results are in and they are not encouraging. Individual giving as a percentage of household income is not improving, and in many cases shows a small decrease. The biggest...
A Missed Opportunity
Recently, I attended a dinner in support of a charity. A board member who was seated next to me, asked me the question, “Do you offer family meetings? I am concerned about what the next generation is going to do with their inheritance and I want to share with them...
Government Threatens Charity
Recently, the Secretary of Education announced the proposed end to government funding of the Special Olympics program. This was soon reversed by the President and funding will continue for now. From time to time, other charities that receive government funding are...
Your Income Tax Bill Shouldn’t Come As A Surprise
I’m seeing plenty of articles and even hearing casually, at various gatherings, that many folks are being surprised this year by the income taxes they will be owing. I consider this an unnecessary surprise. While its true that a tax law was enacted that affected 2018...
Vacation Homes & Uninterested Heirs
With the end-of-year holidays just past, many can look back on time with family filled with fond memories. Some of those memories may have been generated at family vacation homes that have been enjoyed by several generations of the same family getting together for...
My Christmas Message to You
The Christmas holiday season is a wonderful time of year for me. Great memories, beautiful music, plays, concerts and light shows, as well good times shared with friends and family, good tidings, all contribute to this special of season . I realize , though, that it...
The Recent Tax Law Changes and You
Throughout my 40 year career in wealth management, it has been totally appropriate to use the phrase “the recent tax law changes” as a way to start a conversation to motive a donor to consider taking action. I have used this phrase as a way to differentiate an...