Help Your Clients Plan Their Charitable Giving

Approaching charitable giving with your client can often be tricky.  You want to help them maximize their giving potential and tax benefits without giving preference to a particular charitable organization. 

Nevada Community Foundation can help you do just that.  As a neutral third party, NCF ensures that your client’s fund will be administered with expertise and independent oversight at the fraction of the cost of a private foundation [PDF, 509KB]. 

We can help you to establish a fund for your client, provide you with informative resources and even meet with you and your client to discuss their options as well as the benefits of charitable giving.

Opportunities to Discuss Charitable Giving:

Leaving a Legacy
You are aware of significant tax advantages your client will achieve by including a charitable provision in his or her estate plan. Your client’s bequest can create a fund that will contribute forever to causes that are important to them. The community foundation can help your client identify what he or she wants to accomplish and help you maximize the tax benefits of the bequest.

Year-end Tax Planning
Your client just earned a large bonus or experienced some other financial windfall, wants to share good fortune with the community but has little time at year’s end to decide on where to give. You recommend establishing a Donor Advised Fund within the community foundation, garnering an immediate tax deduction, while preserving your client's opportunity to decide where to give at their convenience.

Gifts of Highly Appreciated Stock
Your client has highly-appreciated stock and is willing to consider a charitable gift. He or she may realize a tax deduction for the full market value, while avoiding the capital gains tax that would otherwise arise from the sale of the stock. Closely-held stock can also be used as gift property.

Retiring in Comfort
Your client cannot reap sufficient income from appreciated assets he/she has accumulated. The community foundation can show you how charitable gift annuities or charitable remainder trusts can help your client achieve charitable objectives while also preparing well for retirement.

Substantial IRA/401K Assets
The community foundation can help you and your client evaluate the most beneficial asset distribution to minimize taxes, thereby giving more to his or her heirs and still achieving significant charitable objectives. For example, it is usually more tax advantageous for a donor to give retirement assets to charity and other assets to heirs because income (and possibly estate) taxes often dilute the value of an IRA or other retirement asset left to an heir.

Sale of a Business
Your client owns highly appreciated stock in a company that is about to be acquired. The community foundation can work with you to suggest several ways to structure a charitable gift (including the use of planned giving techniques) to help your client reduce capital gains tax and maximize impact to your client’s favorite charitable issues.

Alternatives to a Private Foundation
The Community Foundation can help you and your client consider the simpler, more cost-efficient alternatives to a private foundation, such as a donor-advised or a supporting organization.

Contact us to speak with our charitable giving experts.