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Welcome to Charitable Insights, a resource connecting you to helpful articles, stories, and ideas from Foundation experts, so that you can make the most of tax, legal, and financial strategies as they relate to your or your clients’ philanthropy.
Charitable Insights
Top Philanthropic Resources for You and Your Clients
Nov 10, 2021
Philanthropic planning is an important element of overall legal and financial planning. By discussing charitable goals with your clients, you can help them increase their impact, decrease tax liability, and leave a lasting legacy. Along the way, you deepen your relationship with them as you give them a space to talk about their values and priorities.
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Charitable Insights
Empowering the Dream of Education
Aug 18, 2021
Scholarships provide life-changing financial support to students and empower the next generation to pursue their dreams. As students return to school, we’re dedicating this edition of Charitable Insights to Scholarship Funds—how they work, who should start a fund, and their benefits for students—as well as for you and your clients.
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Charitable Insights
Compassionate Communication: Serving Clients Better by Acknowledging Their Grief
May 26, 2021
Most people are uncomfortable talking about grief and loss. So why should professional advisors do it?
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Charitable Insights
The 2020 Donor Advised Grantmaking Surge
Mar 4, 2021
While this past year brought many challenges, it also included signs of hope and kindness. Across central Ohio and the United States, the COVID-19 pandemic triggered a surge in grantmaking from Donor Advised Funds (DAFs), but this is not the first time DAF assets were mobilized on a large scale to address crises.
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Charitable Insights
A Legacy of Hope
Oct 28, 2020
For more than 75 years, the Foundation has served as the vehicle through which thousands of people have expressed their own ideals and optimism through philanthropic investment in our community. While the work continues, and the hills to climb remain steep, we applaud the generosity of our donors’ commitment to our community and those who call it home.
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Charitable Insights
Webinar: The Impact of COVID-19 on Nonprofits and Charitable Giving
Jun 30, 2020
Congress first enacted this technique, officially called a “qualified charitable distribution,” in 2006, and made the technique permanent in 2015. It can make charitable giving from IRAs exceedingly easy, which is generally not the case for giving from retirement plans during a donor’s lifetime.
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Charitable Insights
Navigating Legacy Planning During a Pandemic: Helping Clients Find Peace of Mind in a Crisis
May 27, 2020
We all respond to crises differently. Some people buy the extra large bag of M&M’s. Others clean out their closets. Still others reflect on their life and their purpose. These days, many of us are doing all three. If you’ve noticed an increase in clients interested in legacy planning, the COVID-19 pandemic might be the reason.
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Charitable Insights
The Resilience of Philanthropy through Challenging Times
May 12, 2020
Since COVID-19, there's been an increased sense of urgency and a desire for an immediate response to our collective situation. Prospective donors continue to contact The Columbus Foundation to learn how to establish new charitable funds, financial advisors continue to refer charitably-inclined clients, corporations are inquiring about employee assistance programs, and existing donors direct grant support to help their favorite charities—the spirit of giving in response to great need is inspiring.
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Charitable Insights
Charitable Provisions of the CARES Act: What Donors and Advisors Need to Know
Apr 28, 2020
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted into law. Designed to help households, businesses, and nonprofits navigate the fallout of the pandemic, the landmark $2 trillion bill represents the largest economic stimulus package in U.S. history.
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Charitable Insights
Maximizing Tax Benefits by “Bundling” Charitable Contributions
Feb 7, 2020
As we launch into tax season, what better time to assess whether you've been managing your deductions in a tax-advantageous manner? It's been a couple of years since the Tax Cuts and Jobs Act of 2017 (TCJA) nearly doubled the standard deduction to $24,000 for a married couple and $12,000 for a single person.
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