With only weeks left in 2020, our team put together a year-end tax planning checklist to help lessen the burden in April 2021.
Recoverable grants allow DAF holders to release funds to non-profits, have the funds repaid to the DAF, and reuse them for future grants.
We’ve compiled three ideas for maintaining your philanthropic impact and helping great organizations that need your continued support.
In 2019, Brighton Jones donors allotted $13 million to donor-advised funds and made $10 million in grants, hitting a payout rate of 77 percent.
The causes you support likely fall into two major categories: charitable organizations or political ones. But when are you making tax-deductible donations?
With more than $26 million in donor-advised funds amongst the Brighton Jones community alone, we have the power to drive significant social change.
Now that the standard deduction has doubled, many are finding that their donations no longer produce the tax benefits they once did.
Donor-advised funds are the fastest growing philanthropic tool today, accounting for more than 3 percent of all giving in the United States.