In an economic and legislative environment full of unpredictability, we encourage you to tap the knowledgeable team at IECF–perhaps even more than you have in the past.
If you’ve already established a donor-advised or other type of fund at IECF, you’re familiar with many of the ways we make charitable giving easy, flexible, and effective so that you can achieve your goals for improving the quality of life in our community as well as fulfilling your own estate planning and financial objectives.
Not quite sure when to reach out to IECF? If any of these situations apply to you, drop us an email or give us a call!
You promised yourself in 2024 that you’ll never again get caught in a year-end crunch.
The last few months of the year are always hectic with holiday activities. When you layer on the added stress of tax planning and completing the charitable giving plans you set back in January, you might tip the scales from hectic to chaos! IECF can help organize your year-end charitable giving early so that it achieves both your financial and your philanthropic goals.
You’re concerned about recent drops in funding to local charities, but you’re not quite sure about what you can do to help.
IECF is our region’s home for charitable giving. That means we’ve got a finger on the pulse of our community’s needs and the nonprofits that are addressing them. Our team can provide information about program cuts that have left people in our community vulnerable and share ideas and recommendations for how you can help fill the gaps.
Your tax advisor has suggested that 2025 is an important year to increase your charitable donations, but you don’t want your gifts to favorite charities to suddenly spike and then drop again.
For the small percentage of people who itemize deductions on their individual income tax returns, 2025 may indeed present opportunities. IECF is happy to work with you and your tax advisors to structure gifts to a donor-advised or other type of fund at IECF to ensure that you’re leveraging tax advantages while also maintaining consistent support year after year for the causes you care about.
You’re thinking about selling commercial property or private business interests and you’ve heard that charitable gifts can be an effective component of the transaction if structured correctly.
Many people do not realize until it’s too late that they can give real estate or closely-held stock to a fund at IECF well in advance of a future sale and achieve significant tax benefits while also setting aside charitable dollars to make a positive difference in the community either immediately or across generations. Before you and your advisors put any pen to paper on the disposition of real estate or private business interests, please reach out!
You’re updating your estate plan and want to leave money to charity, but you’re not exactly sure what charity.
Please reach out to IECF anytime you are updating your estate plan or related financial documents, such as beneficiary designations on IRAs, life insurance policies, or retirement accounts. Our team is happy to work with your advisors to deploy IECF’s flexible tools to round out your estate plan and make sure you’re exploring the tax benefits of using various types of assets to fund your charitable intentions.
Whatever your charitable giving situation, we are here for you! Whether you’ve already started a fund at IECF or you’re considering getting involved, we look forward to our conversation!
Please reach out to our Charitable Giving Team anytime, and stay up to date on all the good work we’re doing through the power of philanthropy. Sign up for our eNewsletter, Philanthropy Matters, today.
The team at IECF is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This newsletter is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation.
