As we recover from a busy 2024, now is the perfect time to help your clients jumpstart their charitable planning for 2025. Here are key benefits to adopting a year-long giving strategy:
• Support Nonprofits Year-Round: Ensure organizations can meet their budgets and address ongoing needs.
• Leverage Matching Gifts: Take advantage of employer matching programs early when funds are available.
• Predictable Cash Flow: Proactively support causes they care about, including setting up automatic contributions.
• Informed Donor Decisions: Allow time to research charities for impactful giving. Reach out to GTCF to discuss areas of giving and how to make an impact with your philanthropy.
• Family Involvement: Engage children and grandchildren in the giving process as a learning experience – give the gift of philanthropy to your family!
• Avoid Year-End Rush for QCDs: For clients over 70½, process Qualified Charitable Distributions early. Your advisors and GTCF work together to help make this happen.
• Explore Complex Giving Options: Consider gifts of business interests or charitable remainder trusts before the last minute. GTCF is a great resource for complex giving!