The Philanthropy Three-Legged Stool

Key Takeaways

  • You can donate your time, talent, or treasure, or all three when it comes to philanthropic causes you are passionate about.
  • If you don’t want to be paid for your services, or you do not have the money to give, working with a non-profit or volunteer group is a great way to give back and is greatly needed in our society.
  • When donating money to a cause, there is a large spectrum of giving, from writing a check, to starting a private foundation, and several steps in between.

The Charitable Double Benefit

Key Takeaways

  • Give generously, but also give smartly.
  • There are a myriad of tax-advantaged ways to give to organizations and causes you support.
  • Planned giving can get complicated, so consider hiring an estate planner, wealth manager or other seasoned financial professional to help you find the technique that best suits your needs.

The Charitable Double Benefit

Key Takeaways

  • Give generously, but also give smartly.
  • There are a myriad of tax-advantaged ways to give to organizations and causes you support.
  • Planned giving can get complicated, so consider hiring an estate planner, wealth manager or other seasoned financial professional to help you find the technique that best suits your needs.

Savvy Philanthropy


Doing good for others while doing well for yourself and your heirs 

Key Takeaways

  • Philanthropy is a three-legged stool composed of your money, time and ability. The end goal is to help people out regardless of their ethnic background or religious or political beliefs.
  • More than $335 billion was given to U.S. charities in 2013—with 72 percent coming from individuals.
  • Smart advisors can help you with advice on both formal and informal giving that supports worthy causes—and your tax mitigation goals.