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All items tagged with: charitable giving

Giving Back in 2019? Consider Donor-Advised Funds

Posted: January 08, 2019
Posted in: Strategic Thinking , Strategic Philanthropy, tax credits, charitable giving, tax receipts, donations, MFA- Philanthropy, Donor-Advised Funds, DAFs, Nicola Elkins, MFA - P

The desire to make a difference is gaining momentum with people of all ages, as individuals see their personal wealth not only as a means to live well, but also as a way to contribute have social impact or create a meaningful legacy. Advisors need to be able to help philanthropic-minded clients convert their wealth into some form of social capital. One option: Donor-Advised funds (DAFs).

In-Kind Donations: 94% of Canadians Make Them

Posted: December 19, 2018
Posted in: Strategic Thinking , Strategic Philanthropy, tax credits, charitable giving, charitable donations, registered charities, donation tax credit, charitable donations credit, in-kind donations, non-monetary donations, advantages

There are tax advantages that encourage giving back to the less fortunate this holiday season – it’s a tax gift that keeps on giving. But giving has taken on an interesting trend: not all donations made by charity-minded Canadians are monetary. In fact, Statistics Canada reports that 94% make in-kind donations each year, which includes items like clothing, toys, household goods, or food.

The New Philanthropic View: Impactful, Charity-Minded Millennials

Posted: November 20, 2018 By : Beth Graddon
Posted in: Strategic Thinking , Strategic Philanthropy, charitable giving, Millennials, philanthropy, legacy, donations, CAGP, Spire Philanthropy, impact investing, charity, millennial

A recent study shows that millennials care more about others than any other generation in recent history. But, the data also identifies an important gap: 49 percent don’t have a will at all, and only 31 percent have a will that’s up-to-date. Without proper estate planning, their assets may never end up in the hands of the organizations millennials want to invest in to make a difference.

New Gift Planning Designation for Advisors

Posted: September 24, 2018 By : Knowledge Bureau Writers
Posted in: Breaking News, Practice Management, Strategic Thinking , Strategic Philanthropy, charitable giving, charitable donations, Donations Savings Calculator, tax deductions, financial education, philanthropy, donations, The Canadian Association of Gift Planners, CAGP, Spire Philanthropy

The Canadian Association of Gift Planners (CAGP), Knowledge Bureau and Spire Philanthropy are pleased to announce their collaboration to introduce a new professional designation for the financial services sector. The MFA™ Strategic Philanthropic Services Specialist designation will denote specialized professional credentials to develop plans for individuals and families interested in strategic philanthropy.

Poll Results: Advisors Must Put More Emphasis on Discussing Charitable Giving

Posted: January 09, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , knowledge bureau, tax returns, charitable giving, Evelyn Jacks, income tax, tax courses, financial advisors, tax advisors, financial education, Knowledge Bureau poll, online education, Super Donor Credit, donation tax credit, charity tax credit, resolutions

In December, we asked Knowledge Bureau Report readers, “In your opinion, are tax and financial professionals taking the time to help clients understand the benefits of charitable giving?” In a surprising result, only 17 percent thought their peer group was spending enough time counselling their clients how to make donations in a tax-efficient way.

Advise Clients on How to Give to Charities Tax-Efficiently

Posted: April 24, 2014
Posted in: Your Professional Development, Investment & Retirement, Succession & Estate Planning , charitable giving, investment strategies

Expand your career with a solid understanding of strategic charitable planning and assist your clients with philanthropic goals as part of an overall wealth management plan. Enrol in Investment Strategies in Charitable Giving and save $50.