In A Christmas Carol, Charles Dickens has a scene where two charity workers raising funds for the poor approach Ebenezer Scrooge on Christmas Eve. “. . . What shall I put you down for?” “Nothing!” Scrooge replied. “You wish to be anonymous?” “I wish to be left alone,” said Scrooge.
Tag Archives | Charitable Giving
With changes to standard and itemized deductions under the new tax law, many CPA’s and tax attorneys are recommending a strategy of bunching or bundling deductible spending into alternate years. I wrote about this approach a few weeks ago. One way to bundle charitable deductions efficiently and effortlessly is through a Donor Advised Fund (DAF). […]
Recently a reader suggested I write about the relationship between giving and happiness, noting that research shows people who give to charity are happier. One such study from Harvard Business School in 2009 is titled “Feeling Good About Giving.” It not only found a link between giving and happiness, but highlighted some thought-provoking issues about […]
You may have read that Facebook founder, chairman, and CEO Mark Zuckerberg has announced plans to gift substantially all of his Facebook stock to a philanthropic company called the Chan Zuckerberg Initiative, named after himself and his wife Priscilla Chan. I have read a number of accusations that setting up the LLC is simply a […]
This time of year, millions of toys are handed out in the name of Santa Claus. Supposedly they come from Santa’s workshop, but let’s get real. There’s no way that one elderly, overweight man can possibly produce all those toys. It’s an enormous task that must require countless hours of work. This, of course, is […]