Five Ways to Maximize Your End-of-Year Philanthropy

 

This article provides practical advice for maximizing the impact of year-end charitable giving. It emphasizes selecting causes aligned with personal values, verifying nonprofit efficiency, and considering recurring donations for sustained impact. Tax-saving opportunities, such as itemizing deductions for cash or asset contributions, and using donor-advised funds or charitable trusts, are highlighted. Pairing financial support with volunteer efforts is also encouraged for a holistic approach to philanthropy. Read the full article for more details here.

Next
Next

Ignoring Your Old 401(k) Could Be a $130,000 Mistake