Looking for a one day Planned Giving Training Course? April 26 is the date for our first live Planned Giving Boot Camp – in NYC! Click above to learn more or click here.
I refuse to jump to any conclusions regarding this year in planned giving (or any year!).
Will Congress/President somehow waterdown or eliminate the charitable deduction?
Possibly but it’s possible that the charitable deduction will be more valuable to your donors than ever before if they limit other deductions but not the charitable one. (Treasury Secretary Mnuchin already said there will be no tampering with the charitable deduction contrary to Trump’s campaign “tax plan”)
Will there be anything new and exciting for fundraisers to bring to donors?
This doesn’t look like a great year for creative charitable legislation. Let’s see if they really “fix” Obamacare or the tax code.
But, there are a few things I can guarantee will happen: the oldest baby-boomers start turning age 71 this year, the age when required minimum distributions (RMDs) from IRAs and other qualified retirement accounts start. There are a lot more boomers than their predecessors, with a lot more IRA funds – IRA charitable rollovers and beneficiary designations should be high on every fundraiser’s wish list.
Bottom line: Planned Giving is turning a corner, Boomers are finally and officially Planned Giving Prospects. Maybe it’s time you and/or your organization realized that it is “now or never” for the Boomers? Train up the staff, invest in the Planned Giving program.
Oh, and check out our 3-part Planned Giving Boot Camp for Major Gift Officers! Next sessions start March 15, 2017 – click here to see how affordable it is to train up to 15 staff members in planned giving!
Finally a hint as to the potential fate of the charitable deduction under any tax reform: NO CHANGE – at least that is what U.S. Treasury Secretary Steven Mnuchin said yesterday.
Not that the media wants to cover such a mundane topic that doesn’t involve Russian espionage and various nefarious stuff.
Also, he said it looks like August is when we’ll have a tax reform so relax for awhile .
This new 3-part webinar series is for major gift fundraisers who are looking to add planned gift cultivation to their repertoire without getting into the weeds of the technical stuff!! Our goal is…