The Charitable Giving Toolbox

Palazzo, Paul
October 2000
Journal of Financial Planning;Oct2000, Vol. 13 Issue 10, p68
Academic Journal
This article deals with the role of financial planners in charitable giving of clients. Charitable giving increased again by over $15 billion in 1999, to more than $190 billion in the U.S., according to Giving USA, an annual report published by the American Association of Fund-Raising Counsel. As gross domestic product soars, charitable giving rises even faster. And financial planners are in the middle of this world. According to Lawrence Katzenstein, one of the significant developments in the field of charitable giving was the finalization of regulations surrounding the flip unitrust, which is a remainder trust. The flip unitrust provides the opportunity to change the income payout as the result of trigger event, such as a birthday, death, marriage, divorce or the birth of a child.


Related Articles

  • Commissions trail leads to charities. Egan, Liam // Money Management;7/5/2007, Vol. 21 Issue 24, p3 

    The article reports on the donation made by Industry Fund Financial Planning (IFFP) to charity. IFFP has donated more than $75,000 to charity in commissions from retail products used by its largely industry fund clients. The donation represents the sum total of all instances during the year...

  • Help Your Community Foundation Help You. Farrell, Paul J. // National Underwriter / Life & Health Financial Services;12/13/2004, Vol. 108 Issue 47, p19 

    Presents the recommendation that financial planners seek the help of community foundations as their philanthropic consultants in giving advice on charitable giving to clients. Public charities that manage gifts from various donors for any type of charitable purpose; Foundation makes grants to...

  • A foundation for all planners. Dieters, Corinna // Money Management;6/5/2008, Vol. 22 Issue 20, p16 

    The article discusses the Financial Planning Association's (FPA's) Future2 as the foundation for the financial planning profession in Australia. The program provides planners with a vehicle for charitable giving and facilitate participation opportunities for individuals. FPA is also working on a...

  • Giving Kids First-Hand Experience with Philanthropy. Alexander, Roxanne // Journal of Financial Planning;Jul2007Supplement, Vol. 20, p8 

    The article discusses how financial planners can give children first-hand experience with philanthropic giving. Charitable advice is a positive way for planners to involve clients in the financial planning process, though it is often neglected unless the client specifically tells the planner...

  • The Financial-Planning Benefits of Wealth-Replacement Trusts. Urtz, Robert // Business Journal (Central New York);5/29/2009, Vol. 23 Issue 22, p7 

    The article discusses the financial planning benefits provided by wealth-replacement trusts for families in New York. It provides a scenario explaining how charitable remainder trust and wealth-replacement trust reduce taxes as well as preserve the inheritances of the family. Moreover, the...

  • High IMPACT philanthropy. McGee, Suzanne // Financial Planning;Mar2006, Vol. 36 Issue 3, p60 

    Explains the high-impact philanthropy. Information on venture philanthropy; Role of financial advisers in helping a client conceive a charitable giving plan; Result of increasing numbers of potential donors who are drawn to high-impact philanthropy. INSET: Gone Missing: Art Patrons.

  • Businesses put on many faces of corporate philanthropy. Ellinor, Dan // Fort Worth Business Press;9/12/2003, Vol. 16 Issue 35, p32 

    Examines an increase in charitable giving of U.S. corporations as of September 12, 2003. Benefits of corporate philanthropy; Characteristics of a strategic corporate philanthropy program.

  • IFFP to provide financial advice to charities. Egan, Liam // Money Management;2/12/2009, Vol. 23 Issue 4, p5 

    The article reports on the plan of the Industry Fund Financial Planning, a subsidiary of Industry Fund Services, to establish a financial service that will assist charities experiencing surging demand for financial counselling in Australia. The company's decision follows the call of Deputy Prime...

  • Charitable Giving with Tangible Personal Property: A Tax Primer. Temple, Philip T.; Zale, Laurence C. // Journal of Financial Planning;Jan2005, Vol. 18 Issue 1, p56 

    • Gifts of tangible personal property present complex philanthropic issues such as valuation and tax. Financial planners need to work closely with independent tangible personal property advisors, lawyers, and charitable organizations to be sure their clients maximize their gifting...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics