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Giving the Gift of Virtual Currency

With virtual currency (VC) gaining in popularity, charitable organizations have begun accepting VC donations. Large charities such as the United Way and UNICEF were among the first to accept VC donations. While charitable intent starts with the altruistic desire to help a particular cause, the tax benefit that a charitable contribution deduction gives the donor […]

Fundraising Strategies: How to Reach Millennials

Millennials are now the largest age group, and soon will surpass baby boomers in having the largest buying power by 2017. There is a lot of incentive and opportunity for organizations, including non-profits, to engage with this generation. But millennials have changed the face of communication, particularly with those wishing to advertise to them, and […]
October 20, 2016

The CHARITY Act 2016

This blog entry discusses the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act. The charitable contribution deduction is often singled out for some sort of limitation in a world where raising tax revenue will probably become more and more important. Whether this is proposed as a cap on itemized deductions at a 28% benefit […]

The Changing Face of Bequest Demographics

One of the more interesting studies I have seen in recent years was one done by Russell N James III, J.D., Ph.D.  who currently is a professor at Texas Tech University in Lubbock. He did a thorough study on American Charitable Bequest Demographics (1992-2012) using primarily information from the Health and Retirement Study (HRS) sponsored […]

The Boomer Impact on Charitable Giving to Nonprofits

A recent study conducted by Age Wave, a consulting firm partnered with Merrill Lynch Global Wealth Management, has found that the baby boomer generation may have a huge impact on charitable giving to not-for-profit entities in the coming years. This is due in large part to the correlation between prime “giving years” being during retirement […]

TODAY: Give to the Max Day: Nov 9th

TODAY: With federal spending cuts and the economy in a pinch, has gone grassroots and organized a one-day fundraising event, Give to the Max, for the Greater Washington area. The goal is to raise awareness and get tens of thousands of individuals to support the nonprofit or cause of their choice with the hope of […]