For close to 20 years, I have counseled colleagues into whether to join the planned giving field. Some have made it while many have not. This post is the first in what should be a long series on this topic. For an intro, let’s assume that we all agree that the fundraising world is sitting on...
First question on IRA giving that reached me today. Individual over age 70.5 already took RMDs for 2015 in November and wants to somehow now send that RMD to charity under the IRA giving law? Any way to undo the RMD withdrawal and then have it go to charity? Answer: sorry, no. There is a...
The IRA giving provision is on the books again! Hooray! Now what? It is December 21st. Friday is Christmas (that rules out Thursday, too, and even this entire week for many). New Year’s Eve is the following Thursday. So, we have 6.5 business days, give or take, to do something this year about it. Some...
Thank you PPP for your announcement – click the picture to see it. Yes, we are inching towards an IRA giving law again but this time it looks like it will be for good (i.e. no longer up for grabs each year). This is great news. Sure, you have almost no time to reach your...
Ok, it’s December 11th and we still don’t know if the IRA giving provision will apply to 2015. Everyone knows that Congress will do something with the Tax Extender package of 50+ tax deals. But, will Congress care to help out the one nonprofit wish on the list? Not likely. In fact, the extender package...