Charitable-giving Strategies

This article by Scott Middleton was recently published in the The Monitor, Volume 22, Number 6, November/December, 2007, (IMCA). A reprint of the article may be found at this link (Reprint).

According to Giving USA, charitable giving in the United States reached an estimated $295 billion in 2006, a new record.1 Individuals face numerous decisions when preparing to give to charities. Not only are a multitude of organizations and causes requesting contributions, but there are various methods, or strategies, of charitable giving. These strategies may be as straightforward as putting cash in a collection basket or as complex as establishing a multigenerational private foundation.

Donors may find it challenging to obtain independent, objective information on the various methods of charitable giving. For example, many brokerage and mutual fund companies emphasize the convenience of donor-advised funds. It should come as no surprise that the same investment companies also manage the assets of these funds. In turn, because many charities prefer to receive donations as soon as possible, they may de-emphasize the merits of some long-term charitable strategies. Clients are looking to their advisors for information and counsel that is completely independent and free of conflicts of interest. continue reading please click here (pdf).

Reproduced with permission from "The Monitor" Volume 22 Number 6, November/December 2007, published by the Investment Management Consultants Association (IMCA) (, Greenwood Village, Colorado. All rights reserved. Statements or opinions expressed in this article are those of the author and do not necessarily represent the views or positions of the Investment Management Consultants Association, its officers, directors or staff. No further transmission or electronic distribution of this material is permitted.

"The Monitor" changed name to "Investments & Wealth Monitor" starting in 2008. It is a bimonthly educational magazine that is dedicated to keeping IMCA members current through industry news and articles that provide education insight explanation and coverage of key issues including the latest in academic legal investment governmental and practice-management topics.