Aug 14, 2023 | Charitable Giving
Several months ago I had a conversation with a donor who supports an organization that I am close to. He has committed to make a bequest in his will. Since he was retired, we talked about his current situation, his health, and how he spending his time. The...
Jul 7, 2023 | Charitable Giving
August is National Make a Will Month. As awareness is heightened during the month, it represents an opportunity for nonprofits to chime in. From the Episcopal Book of Common Prayer comes this directive, “The Minister of the Congregation is directed to instruct the...
May 8, 2023 | Charitable Giving
It is a well-accepted fact that charities serve a dual mandate. On the one hand, there is a mission to accomplish. On the other hand, there is a donor base that makes this all possible. Merging mission with the support needed to accomplish the nonprofit’s goal is the...
Feb 26, 2023 | Charitable Giving
In my discussions with donors over the years, the issue of continuing support to their charitable interests often comes up. Sometimes changes are in order for various reasons. The most disconcerting reason for such changes is that the charitable organization has lost...
Nov 9, 2022 | Charitable Giving
We have recently found that donors who established Charitable Remainder Trusts years ago are in much different personal financial situations today than when they established the trusts. As a result, a revisit of the current operation of the trust to determine if it...
Aug 19, 2022 | Charitable Giving
Several years ago a friend came to see me about his pending retirement. He had been the top sales person in his firm and the company was being sold. As he had no equity in the business, he would have to rely on the company provided retirement plan as well as his...
