For those of us who have followed tax policy (as it relates to the general area of planned giving), it seems like the best way to light a fire under Congress’ you know what is a front page article in the New York Times (Wall Street Journal even better). So, we can’t help wondering if...
I am not sure what to call this one. Read this story about a situation I worked on today – for fun and for learning purposes. In helping a client work with a donor with an existing CRUT (drafted to allow the donor to adjust the remainder charities), I went back to one of my...
Nice title? An interesting read from the CENTER FOR SOCIAL PHILANTHROPY: http://www.tellus.org/publications/files/endowmentcrisis.pdf Check out this summary from onPhilanthropy.com, if your attention span is as short as mine: http://onphilanthropy.com/2010/did-big-endowments-make-economic-crisis-worse/ My comment: after years of monitoring the investments of gift annuity programs (mostly by the top planned giving admin providers), I have always been amazed at how...
You will have to go onPhilanthropy.com to check out this article – a little too long for a blog post. Here is the link: http://onphilanthropy.com/2010/roth-ira-conversions-part-ii-to-convert-or-not-that-is-the-question%E2%80%A6/ My summary: the out of pocket cost for someone in the relatively low 25% federal income tax bracket to convert a $100,000 IRA to a Roth is about $42,000! Someone...