Document Category: For Donors
Discusses the possible benefits of qualified charitable distributions from IRAs
A new report on giving to LGBTQ+ organizations found that, from 2015 to 2019, they received just 0.13percent of overall philanthropic support but grew their giving faster than non-LGBTQ+ groups during that time. Donations to LGBTQ+ groups increased 46.3 percent, while contributions to non-LGBTQ+ nonprofits grew just 24.9 percent. Researchers ended their study in 2019, the most recent year they could access near-complete tax filings from organizations. The findings come from Equitable Giving Lab, a research project of the Indiana University Lilly Family School of Philanthropy that digs into how philanthropy serves historically marginalized communities. (Article published in The Chronicle of Philanthropy)
Sample ways to make a legacy gift and a template of basic information for donors. Please note this is not provided as financial or legal advice and organizations will want to review preferred options with your board and finance team (or equivalent) to ensure your organization is equipped and willing to accept different types of legacy gifts.
While written for residents of LA, this guide offers a number of considerations for LGBTQ individuals in considering end of life and estate plans.
Retirees can now earn money for life by giving some of their IRA savings to charity.