The Qualified Charitable Distribution Now Has Eternal Life (At Least, for Federal Income Tax Purposes)

March 16, 2016 · William R. Shipley

In the waning days of calendar year 2015, the 114th Congress characteristically took last-minute action to address a number of expired income tax provisions. One extended tax provision that has garnered favor... Read More →

Happy Money, Happy Legacy: Rethinking How You Invest Your Time and Your Money

March 01, 2016 · Rod Diaz

I had long held the idea that there were only three things one could do with money: spend it; save it; or gift it (i.e. give it away). And, as a Financial Advisor, I had lumped investing into the &ldquo... Read More →

Charitable Giving and Children: Inspiring Kids to Give Back

March 25, 2015 · Kara L. Rogers

On Friday, March 11, 2011, an 8.9-magnitude earthquake struck Japan. A New York Times account stated skyscrapers shook, furniture toppled, and highways buckled. Thirty-foot waves rushed onto shore... Read More →

Flexible Vehicle of Charitable Giving

March 16, 2012 · MCWS

Donors to your organization have three basic ways to use a Life Insurance policy to benefit “your organization” directly: Name “your organization” as a beneficiary of the policy ... Read More →

Charitable Lead Trusts

February 08, 2012 · MCWS

As part of our firm’s continuing plan to provide educational information to clients and friends of McKinley Carter, the following article focuses on a Charitable Lead Trust. A Charitable Lead Trust must... Read More →

The Pooled Income Fund

December 06, 2011 · MCWS

A pooled income fund is much like a financial institution’s common trust fund. A donor irrevocably transfers appropriate assets to a qualified charitable organization’s separately maintained pooled... Read More →

The Forgotten Planned Gift

November 08, 2011 · MCWS

The deferred payment gift annuity seems to be the forgotten planned giving instrument. In a study of “expectancy pools” of 87 colleges and universities with a total future gift value of $1.5... Read More →

The Charitable Gift Annuity

June 02, 2011 · MCWS

A classic philanthropic gifting instrument is the Charitable Gift Annuity. Many nonprofit organizations have used the Gift annuity for many years. The first recorded Charitable Gift Annuity was written... Read More →

The Role of the Board Member in Planned Giving

May 07, 2011 · Kathleen A. McDermott

An active board of trustees is crucial to the fiscal well-being and programmatic success of any organization. Effective boards function to not only support and advocate the organization’s mission but also... Read More →

Understanding a Charitable Remainder Unitrust

May 03, 2011 · MCWS

In research conducted involving 42 colleges and universities with endowments totaling $1.7 billion, the most frequently used planned giving instrument was the bequest. Bequests accounted for 55% to 60% of... Read More →

Determining Endowment Spending, Savings and Gifting Rates

March 29, 2011 · MCWS

Managing an organization’s endowment fund is a significant responsibility. Large organizations with major portfolios have skilled professionals who understand and work in the financial markets each day... Read More →

Establishing Long-Term Endowment Policies & Guidelines

February 14, 2011 · MCWS

Endowment funds provide long-term financial stability for any organization. We understand that establishing long-term endowment policies and investment guidelines are crucial when creating a sustainable... Read More →

Being Smart about Donations can Save a Lot in Taxes

August 31, 2009 · Will W. Carter

Did you know that the federal government will pay you to give money to your favorite charity? Read More →

Planning your Charitable Gifts

November 05, 2007 · David H. McKinley

Sometimes our desire to give leads us to make commitments that are difficult to fulfill. Any endeavor worth undertaking, especially one that can benefit others, deserves our careful consideration before we... Read More →