Amplified Giving


Recent Posts

Year-End Giving Deadlines Loom

[fa icon="calendar'] December 11, 2018 at 3:19 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Philanthropy, Insider Tips, Specialty Assets, year-end giving, year-end

[fa icon="comment"] 0 Comments

If you have ever worked for or with a philanthropic organization, you are well aware that the calendar from Thanksgiving to New Year’s Eve should just say, “BUSY.” And for good reason. According to the M+R 2018 Benchmark Study, 31% of annual giving is made in December with 12% of all annual giving happening in the last three days of the year. With all that charitable giving, there are a lot of financial advisors, fundraisers and gift processors burning the midnight oil to get every penny counted before January 1.

Read More [fa icon="long-arrow-right"]

Take Giving Tuesday to the Next Level with a Donor-Advised Fund

[fa icon="calendar'] November 20, 2018 at 3:40 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Philanthropy, Insider Tips, Specialty Assets, year-end giving

[fa icon="comment"] 0 Comments

Giving Tuesday began in 2012 as a chance to step back from the commercial consumerism that claims so much of the focus this time of year and turn our attention to philanthropic opportunities. According to the NonProfit Times, gifts to charities hit a record $274 Million on Giving Tuesday a year ago and every indication shows that 2018 should be another record-breaking year.

Read More [fa icon="long-arrow-right"]

Using Your Donor-Advised Fund for Aid in Disaster Relief

[fa icon="calendar'] September 28, 2018 at 3:30 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Philanthropy, Insider Tips, Specialty Assets, Generational Giving, Disaster Relief

[fa icon="comment"] 0 Comments

Hurricane season is upon us and it’s a terrible reminder that Mother Nature can destroy property, communities and lives in an instant. The country recently watched in horror as Hurricane Florence tore through the Eastern Seaboard. Ranked just behind Hurricane Harvey in the level of rainfall, Florence has left many families in the Carolinas, Maryland and along the Northeastern Seaboard reeling.

Read More [fa icon="long-arrow-right"]

Building a Charitable Legacy

[fa icon="calendar'] August 30, 2018 at 3:07 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Philanthropy, Insider Tips, Specialty Assets, legacy, Life Insurance, Generational Giving

[fa icon="comment"] 0 Comments

An often-cited philanthropic goal among charitable-minded individuals is to develop a lasting impact that will live on after they are gone. Whether that means instilling in your children and grandchildren a tradition of giving, or developing a means of perpetual giving to continue your charitable habits after your time on Earth has passed, having the ability to make a financial difference and creating a legacy of giving can easily be accomplished by starting a Donor-Advised Fund (DAF).

Read More [fa icon="long-arrow-right"]

Now is a Great Time to Donate Specialty Assets

[fa icon="calendar'] July 20, 2018 at 2:48 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction, Philanthropy, Insider Tips, Specialty Assets

[fa icon="comment"] 0 Comments

Donor-Advised Funds (DAFs) have been the fastest growing philanthropic vehicle for the past five years. One of the main reasons for their popularity is their ease of use. Many advisors describe DAFs to their clients as philanthropic savings accounts. Once the assets are given, the tax deduction can be made right away and the fund holds the charitable gift until the donor recommends grants to qualified charities.

Read More [fa icon="long-arrow-right"]

Own a Business? You May Still Benefit from a Qualified Business Income Deduction

[fa icon="calendar'] June 18, 2018 at 11:07 AM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction, Philanthropy, Insider Tips, QBID

[fa icon="comment"] 0 Comments

Sifting through the new tax laws to find potential deductions can be tricky. While the standard deduction has increased for individuals, deductions for qualified business owners can be a little more complicated because of the new Qualified Business Income Deduction (QBID) introduced at the beginning of 2018.

Read More [fa icon="long-arrow-right"]

Taxed from Tax Season? We may have a tool to help.

[fa icon="calendar'] May 22, 2018 at 5:18 PM / by Matt Keller posted in Charitable Giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction, Philanthropy, Insider Tips

[fa icon="comment"] 0 Comments

Now that your taxes are filed or you’ve filed an extension, the thought has probably crossed your mind about how you could ease the pain of that tax bill next year. RenPSG has several philanthropic tools to help take some of the teeth out of the tax bite. Here, we will share with you the different gift types we can help you to establish and how they may help you cut your tax burden as well as reach your philanthropic goals.

Read More [fa icon="long-arrow-right"]

"Bunch" Your Charitable Giving to Maximize Tax Deductions

[fa icon="calendar'] January 16, 2018 at 4:54 PM / by Matt Keller posted in Charitable Giving, year-end giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction

[fa icon="comment"] 0 Comments

According to the IRS, more than 36 million people offset their 2015 tax bills by taking charitable-giving deductions. The new Tax Cut and Jobs Act passed by congress and signed into law in December increases the standard deduction that taxpayers can claim from $6,350 for single filers and $12,700 for those filing jointly to $12,000 and $24,000 respectively. Many feel that increase may lead to fewer taxpayers itemizing and a potential drop in charitable giving. But there is a way for charitable-minded individuals to continue to make gifts and get the tax breaks they’ve come to enjoy. It’s what accountants call “Bunching.”

Read More [fa icon="long-arrow-right"]

Open a Donor-Advised Fund with Bitcoin

[fa icon="calendar'] December 21, 2017 at 5:08 PM / by Matt Keller posted in Charitable Giving, year-end giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction

[fa icon="comment"] 0 Comments

Investment savvy individuals are taking note of the skyrocketing prices of cryptocurrency like Bitcoin over the past several months. Many may still not know much about this virtual asset or how it works, but several who have it are calling RenPSG to open Donor-Advised Funds with it and alleviating some of their tax burdens.

Read More [fa icon="long-arrow-right"]

Uncertainty over Tax Reform Drives Investors to Charitable Gifts

[fa icon="calendar'] November 28, 2017 at 9:05 AM / by Matt Keller posted in Charitable Giving, year-end giving, Donor Advised Fund, DAF, Tax Reform, Tax Deduction

[fa icon="comment"] 0 Comments

Rarely does a week pass without some shakeup in Washington D.C. making the headlines. Most recently, the debate over tax reform has taken center stage and on this Giving Tuesday, it is a pertinent time to examine how the proposed changes are sure to influence charitable giving practices. Investors across the country are taking note and have been making serious moves to benefit from the existing tax laws before any changes go into effect.

Read More [fa icon="long-arrow-right"]