Now Open: Cox Charities 2021 Grant Cycle 5/3/2021 to 5/28/2021

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News & Events

Ice breakers: Three easy openers to talk about philanthropy

May 06, 2021
— Published 5/6/2021 Many advisors really want to bring up charitable giving in client meetings, especially while updates to tax and estate plans are underway. Indeed, many advisors believe they have a responsibility to raise the issue. But how?  Addressing charitable giving priorities with clients does not need to be hard. The key is to […]
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“If not 501(c), then what?”: Cautioning clients about crowdfunding

May 06, 2021
— Published 5/6/2021 What if your clients make donations to entities that don’t fall under a specific section of the Internal Revenue Code, but feel “charitable” nonetheless because the dollars are helping people in need? Perhaps a client has helped set up a dedicated account at a bank to provide scholarships to the children of […]
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“501(c) what?”: Sorting through jargon to determine deductibility

May 06, 2021
— Published 5/6/2021 When tax season rolls around each spring, a new crop of questions may arise concerning clients’ gifts to various organizations and whether those donations qualify as tax-deductible charitable contributions. Keep in mind that Section 501(c) of the Internal Revenue Code lays out the requirements for organizations to be considered tax-exempt–a status for […]
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