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The CARES Act Sweetens the Pot for Charitable Giving in 2020

Some donors may feel the need to cut back on their charitable giving during these unprecedented times in the financial marketplace. With cancelled fundraising efforts, many charities around the country are feeling stresses in their operating budgets.  There is hope: Signed into law in 2020, the CARES Act includes significant incentives for charitable giving but [...]

The CARES Act Sweetens the Pot for Charitable Giving in 20202020-06-01T23:41:50+00:00

Using the Right Philanthropical Tools to Meet Your Goals and Share Your Legacy

Determining the goals of your One Page Legacy Plan is an important final step. Just as important is taking advantage of the right tools – like donor advised funds – to meet those goals effectively, and to ensure your legacy is an enduring one. By Phil Tobin This article is the last in a series [...]

Using the Right Philanthropical Tools to Meet Your Goals and Share Your Legacy2020-05-07T20:21:27+00:00

Your Mission Statement: Tips for Completing Your First Draft

Solidifying and writing down the family mission statement makes it official, and is one of the last and most important steps in creating your family legacy plan. By Phil Tobin This article is the seventh in a series taken from The One Page Legacy Plan by Phil Tobin, a free downloadable eBook from iGiftFund. In [...]

Your Mission Statement: Tips for Completing Your First Draft2020-05-05T02:11:03+00:00

Determining Your Family Values

Discussing and agreeing upon the guiding values of your family is an important part in drafting your family mission statement, which can help determine the direction of your legacy for generations to come. By Phil Tobin This article is the sixth in a series taken from The One Page Legacy Plan by Phil Tobin, a [...]

Determining Your Family Values2020-04-19T17:09:26+00:00

Your Guide to Donor Advised Funds – for Advisors

By Phil Tobin, Chairman/President iGiftFund An early pioneer of donor advised funds, Philip T. Tobin is chairman and co-founder of the Hudson, Ohio-based iGiftFund, a national, independent sponsor of donor advised funds. Formerly CFO for the Cleveland Foundation and co-founder of the American Endowment Foundation (AEF), Phil is now dedicated to creating unique experiences for [...]

Your Guide to Donor Advised Funds – for Advisors2020-05-11T20:37:37+00:00

The Power and Impact of Women in Philanthropy

An Abstract from “Insights from the 2018 Study of High Net Worth Philanthropy1” Women are shifting the balance of values in communities, businesses, markets and philanthropy, their impact amplified by accelerating economic power and leadership visibility. By Phil Tobin, Chairman/President – iGiftFund As business owners and executives, philanthropists, investors, community and civic leaders, women  are [...]

The Power and Impact of Women in Philanthropy2020-04-15T16:51:25+00:00

The Value of Family Philanthropy

Aligning your heirs around a guiding purpose for your family wealth and identifying philanthropic missions can help ensure successful wealth transfer for generations to come. By Phil Tobin This article is the second in a series taken from The One Page Legacy Plan by Phil Tobin, a free downloadable eBook from iGiftFund. In this piece, [...]

The Value of Family Philanthropy2020-04-15T16:54:33+00:00

A Win/Win Opportunity: A Tax-Wise Roth Conversion

Clients can convert their traditional IRAs to Roth IRAs regardless of income or marital status. One of the biggest stumbling blocks in deciding to convert, is their reluctance to pay taxes on the converted amounts. You may be interested in learning that your client can offset the increased federal tax liability by opening a companion [...]

A Win/Win Opportunity: A Tax-Wise Roth Conversion2020-04-15T16:59:19+00:00

Charitable Giving – Phil Tobin Says: Live Your Values, Save On Taxes

By New York Times Bestselling Author Michael Levin You’re a generous person. You take care of the needs of your family, you give annually to your favorite charities, and you love to see those deductions reduce your tax bill. But as a result of the recent changes to the tax code, you probably are no [...]

Charitable Giving – Phil Tobin Says: Live Your Values, Save On Taxes2020-04-15T17:06:36+00:00

Qualified Charitable Distributions (QCD) for Advisors

While many of your clients will benefit from reduced tax rates and expanded tax brackets under the new tax laws, it’s likely that many will elect not to itemize this year. Rather, they will opt to claim the higher standard deduction. With that in mind, here are charitable giving strategies that allow your senior clients [...]

Qualified Charitable Distributions (QCD) for Advisors2020-04-16T18:47:36+00:00