Donors and Philanthropic Tools

When we work with Donors, we emphasize philanthropic planning – managing and disbursing funds, achieving donor objectives and maximizing benefits for both the Donor and the Exempt Organization. 

Most of our work with donors is transaction related: Identifying and validating the exempt status of organizations that meet donor requirements; Evaluating the organization's operations and sustainability; Helping the donor decide what to give (Cash, Appreciated Assets, In-Kind), and when to give it; determining the most tax efficient way to donate; substantiating, reporting and defending the tax outcome; and monitoring the organization's use of the funds (if necessary).

For some donors, sustainable philanthropy is paramount. For these donors, we often suggest and implement donor advised funds, private foundations, dispository trusts, and/or estate/trust bequests. Each of these devices requires ongoing care and maintenance that we are also happy to provide.

Then there are the "exotics:" - deferred giving arrangements (grantor retained interests - GRITs, GRATs, and GRUTs), intangibles, conservation easements, private businesses, and hard to value assets. For these engagements, we work with a team of attorneys, appraisers, title, environmental and other experts to perfect the transfers and avoid the pitfalls these opportunities present. If a transfer is already complete - we vigorously defend it in IRS examination and appeal (and provide occasional support to Tax Court practitioners).

Visit our Archive-Library for more information.

About our Archive-Library

As part of our commitment to client and tax-practitioner awareness and education we write extensively on topics related to our practice service-matrix (and occasionally on topics that are far-afield from it). To avoid cluttering our service pages with things very few people ever read (OK, we acknowledge - a lot of this stuff is just plain boring to other people), we collect the most current of those writings in our Archive & Library.

The Archive-Library materials range from "readily understandable by anyone who can read" to "you'll probably need professional credentials and experience to assimilate this one." You can usually determine which you are looking at by reviewing the footnotes and end-notes. The more referenced articles are designed for our colleagues - in the spirit of cooperation, and in the hope that we can contribute something to our profession. 

Note to our fellows and colleagues: Feel free to use any of our library materials in your own practice - just give us credit (and don't re-publish them without our permission and acknowledgement - that could get nasty). We welcome your feedback, constructive comments, and questions... we sometimes miss the obvious and your feedback helps remedy that. We view our colleagues as collaborators - not competition. There is plenty of work out there for all of us.

Apropos that last paragraph: Let us know what you do well - especially if it is a service we don't offer. We generate a "steady trickle" of referrals for other services and would be happy to add you to our referral list (after we've vetted you and  gotten to know you a bit). Contact us by email or phone to start the relationship.