Philanthropic giving can be flexible, easy, and fun. Regina Jahr from the Black Hills Community Foundation educated us on all the benefits of letting them take the work out of giving. The recording will let you know how:
- You can take a deduction for a charitable gift and not designate the charity you want to receive it until sometime in the future.
- To set up your own endowment fund for as little as $5,000.
- To eliminate all the paperwork of giving to multiple charities.
What really sets a donor-advised fund apart from other types of charitable giving is that you can decide how your donations are used, much as you would if you set up your own foundation. With the approval of the fund’s board of directors, you can create either an endowed or a nonpermanent fund for a particular purpose, such as a specifically-designated scholarship fund in memory of a loved one.
The Black Hills Area Community Foundation is a collection of separate, component funds established by individuals and organizations. BHACF is a 501 (c) (3) nonprofit organization who’s goal is to improve the quality of life in the Black Hills area by raising and distributing charitable funds. Join us for this timely and interesting event.
Click here to go to the KFG website, listen to the teleclass and download the presentation.