With so many people in a giving mood this time of year and December 2nd being recognized as ‘Giving Tuesday,’ charitable giving is front-of-mind. And with a bull market coming up on six years, there are plenty of highly appreciated stock positions primed for gifting that offer benefits beyond a gift of cash. For those who could use the tax deduction in 2014, but have not found where they would like to direct their charitable gifting, a donor advised fund such as the American Center for Philanthropy (ACP) can accomplish both of those goals.
The 2014 Study of High Net Worth Philanthropy, put out by the Indiana University Lily School of Philanthropy (a past CCM Wealth Integration Forum presenter), includes interesting data about trends in giving. Their summary infographic offers a snapshot view.