Real estate can be a powerful, tax-savvy way to make charitable gifts. This week is the first in a three-part series about when and how to make a lifetime gift of land. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
This week's episode is a recording of a presentation I recently made to the National Association of Charitable Gift Planners. It's all about who has the right to enforce charitable agreements. I hope you enjoy it. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we go through the tiered approach for managing donations of gifts-in-kind, typically tangible property. The first link below is to the article mentioned in today's episode: Article: https://www.pgdc.com/pgdc/how-far-too-far Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we finish our discussion of how small business owners can avoid taxes and support philanthropy by giving some of their closely-held business ownership to charity. In particular, I offer a timeline of what these sorts of transactions look like in real life. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we continue our discussion of how small business owners can avoid taxes and support philanthropy by giving some of their closely-held business ownership to charity. In particular, we discuss four ways of giving those securities that can maximize the benefit to the donor. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we start a discussion of how small business owners can avoid taxes and support philanthropy by giving some of their closely-held business ownership to charity. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we add a few technical details to last week's discussion of appreciated securities, to make sure gifts are effective as possible. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com
In this week's episode, we discuss a simple way to maximize the value of a philanthropic gift by avoiding capital gains taxes. And that's always good! Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com
In this week's episode, we finally start talking about actually making charitable gifts. And cash seems like a pretty good place to start. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com
We've finished our introductory series on the basic structure of modern philanthropy. This seems like a good time to take a little break, so there will be no episode next week. But while you're waiting, you can check out my books on Amazon: https://www.amazon.com/Kirk-Ross/e/B07HR1R6GD?ref=sr_ntt_srch_lnk_1&qid=1652224406&sr=1-1 And be sure to connect in any of the channels below: Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan ...
This week's episode is a conversation with Tim Kachuriak of NextAfter. NextAfter is a fundraising research lab and consulting firm that is doing some really exciting work on helping nonprofits connect with their donors. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
In this week's episode, we touch on the touchy subject of a charity's overhead. Is it a good measure of financial stewardship? Or is it a blunt instrument that inhibits creative thinking and risk-taking? Here's the TED talk mentioned in the show: https://www.ted.com/talks/dan_pallotta_the_way_we_think_about_charity_is_dead_wrong?language=en Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
This week's episode is an interview - our first - with Matt Hugg. Matt is the proprietor of a terrific resource for professionals in the nonprofit and charitable world. It's a website called nonprofit.courses. Matt explains how he's collected over 6,000 digital resources for his fellows professionals, and what he hopes to accomplish with his online platform. Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gm...
In this week's episode, we take a look at the professionals who actually do the work of connecting resources with the people who need them. In other words, what does a fundraising staff actually look like? Website: www.thesavvyphilanthropist.net LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
Just a brief announcement to explain that there isn't a new, full episode this week. I've been spend a lot of time working on some new ideas for the show, so the next episode has been pushed back to next week.
Today’s episode is a brief description of another one of those basic, fundamental concepts in modern philanthropy. It’s the concept of endowments. what does it mean for a gift to be endowed? And when should a gift be endowed? We'll see if we can figure that out. LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com...
This week's episode is a follow-up to last week's story about Joseph and Shirley Mohamed. I received some pretty interesting feedback about the story, and this episode dives into a few of those issues raised. LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan Email: thesavvyhilanthropist@gmail.com
Last week, I introduced you to the charitable deduction, one of the big, basic concepts in charitable giving. Well today, we’re going to take that topic one step further. Today, we’re going to talk a bit about what it takes to actually qualify for taking that deduction. And spoiler alert. Just feeling philanthropic won’t cut it. LinkedIn: https://www.linkedin.com/in/kirk-ross/ Twitter: @rossplan
The income tax charitable deduction is one of the big, basic concepts undergirding all of philanthropic giving. It's going to play a big role in a lot of the topics we cover in upcoming episodes, so it's important to have a basic understanding of how it works. That's what this episode is for. LinkedIn: https://www.linkedin.com/in/kirk-ross/
This is an episode especially for donors? If you've included a charity in your estate plan, do you tell the charity? Or do you just let them find out when the time comes for your estate to make the gift? Good question. LinkedIn: https://www.linkedin.com/in/kirk-ross/
There are two elements to "charitable giving" "Charitable" and "Giving." This week, we discuss what constitutes a charity for purposes of philanthropic giving.
This podcast is all about charitable giving. So it only makes sense that we spend a bit of time discussing how American law defines that term gift. It's not quite as obvious as you might think.
On this podcast, we'll spend a lot of time talking about making charitable gifts with an eye toward the US tax code. But using money to help others is, and ought to be, a much bigger category than that. In this episode, we remind ourselves that giving charitably is the right thing to do just for its own sake. And once we understand that, then we can dig into the tax code to get a bit more bang for our buck. But helping others is always the right thing to do regardless of what the tax code says....
Charities don't have needs. People and causes have needs, and charities work best as conduits to connect those needs with resources. Take a listen to hear how this distinction can shape the best way to make philanthropic gifts.
In this week's episode, we discuss philanthropic intent. Sometimes, people have the idea that charitable giving can simply be a way to avoid taxes. Some of those people aren't particularly interested in helping others. They want to use philanthropy as a means to keep more of their money. This approach never works. To the contrary, every positive giving story has to start with a philanthropic intent to help others. That's where we begin our discussion of how to do philanthropy well.
The Savvy Philanthropist is a financial planning podcast for people who want to do philanthropy well. It is a how-to resource to help people navigate the US legal and financial system to make philanthropic gifts in the most effective ways possible. This is the first episode, An Introduction
