Sentences with phrase «charitable assets for»

Since inception, the Foundation has granted $ 11.6 million to charitable organizations and currently stewards more than $ 15 million in charitable assets for current needs and future impact.

Not exact matches

Donor - advised funds accounted for $ 78.64 billion in charitable assets in 2015, up 11.9 percent from 2014, according to the National Philanthropic Trust.

The donor receives an income stream from the trust for a term of years or for life, and the named charitable beneficiary receives the remaining trust assets at the end of the trust term.

If you're about to change jobs, face a large tax bill, sell an appreciated investment, receive an inheritance, or retire, it might make sense for you to donate your non-cash assets to a charity via a Schwab Charitable account.

A comprehensive asset protection plan must take into account today's complex tax landscape, as well as your range of assets, wishes for supporting loved ones, and charitable interests.

We support the mission of charitable organizations by helping donors unlock their assets for charitable good.

On Investing Consider a Donor - Advised Fund to Help You Reach Your Philanthropic Goals One increasingly popular vehicle for charitable giving is a donor - advised fund, which allows you to donate cash or assets when it makes sense for you and decide later which organizations will benefit.

Schwab Charitable accepts illiquid assets for contribution on a case by case basis.

Once you've set up an account with Schwab Charitable, you can contribute cash, securities, or appreciated assets, and be eligible for a current - year tax deduction.

Being able to use Schwab Charitable to make charitable contributions using some of these assets certainly opens up the ability for these clients to make donations that maybe they couldn't previoCharitable to make charitable contributions using some of these assets certainly opens up the ability for these clients to make donations that maybe they couldn't previocharitable contributions using some of these assets certainly opens up the ability for these clients to make donations that maybe they couldn't previously make.

For the seventh consecutive year, there was growth in all key metrics — number of individual donor - advised funds, total grant dollars from them, total contributions to them and total charitable assets in them.

The primary source for each charitable sponsor's assets, contributions, grants and total number of donor - advised funds is their IRS Form 990.

Brittany Koper, the granddaughter of TBN founders Paul and Jan Crouch and its chief financial officer until September 2011, has accused network directors of illegally distributing «charitable assets» worth more than $ 50 million for their personal use.

The granddaughter of Trinity Broadcasting Network founders Paul and Jan Crouch has accused some of the network's directors of illegally distributing «charitable assets» worth more than $ 50 million for their personal use.

Upon dissolution of the Corporation, any assets remaining after payment of or provision for its debts and liabilities shall, consistent with the purposes of the organization, be paid over to charitable organizations exempt under the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code or corresponding provisions of subsequently enacted federal law and whose purposes and objectives promote breastfeeding education and support.

You fund this trust with cash or appreciated assets — and may qualify for a federal income tax charitable deduction when you itemize.

For most families close to the threshold it's easy to escape the tax by gifting money to children, grandchildren, and spouses, deducting large charitable contributions, and protecting some of the assets in trusts.

AG Andrew Cuomo just announced he has filed suit against Senate Majority Leader Pedro Espada Jr. and 19 former and current executives of his Bronx nonprofit, Soundview, accusing them of «looting» the organization's charitable assets and using the money for the senator's personal and political gain.

That count alleged he stole approximately $ 560,000 in public and charitable assets while serving as fiscal officer for two related Bronx not - for - profit corporations: Christian Community Benevolent Association, Inc. and Christian Community in Action.

Espada, a Democrat who serves as not - for - profit Soundview's president and CEO, is alleged to have diverted charitable assets, using the money for himself, his family, friends and political operation «This is a witch hunt by the prince of darkness himself,» Espada told Scotto.

In the event of dissolution or termination of the Association, the Board shall, after the payment of all of the liabilities of the Association, dispose of all of the assets of the Association exclusively for the objectives of the Association, in such manner, or to such organization or organizations organized exclusively for charitable, educational, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) as the Board shall determine.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

No part of the assets or net earnings of said corporation, current or accumulated, shall inure to the benefit of or be distributable as dividends or otherwise to the directors, officers, or employees of said corporation or to other private persons, except that said corporation is authorized and empowered to pay reasonable compensation for services actually rendered and to make payments and distributions to further its charitable, scientific, literary, and educational purposes.

With a charitable remainder trust, you or other named individuals can receive income each year for life or a period (not exceeding 20 years) from assets you give to the trust you create.

Credit is aligned with a rights - based approach more than assistance because it boosts people's financial assets for livelihoods while «maintaining the borrower's dignity as economic actors - not as recipients of charitable handouts,» (Jacobsen 2005: 77).

An academy trust is a charitable company responsible for the running of the academy, which has control over the land and the other assets.

Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.

Trusts can protect your assets from creditors, protect you and your family from taxes, protects money you set aside for charitable donations and ensure your finances are in order after you die.

Charitable lead trusts provide that income may be paid to a charity at an amount to be based upon a specified formula for a defined term, with the remaining assets to pass to estate beneficiaries free of estate taxes.

October 2013 by Christine Fahlund Charitable trusts allow you to donate assets, while providing lifetime income for yourself or someone else.

Single Premium Life Insurance for wealth transfer You can choose to pay for a life insurance policy with a single premium: this can be an efficient method of transferring your assets to your family or charitable organizations.

For business owners who are seeking an exit strategy and doing some form of business continuity succession planning OR for others who hold appreciated assets with a very low basis, such as stock or real estate investments, a charitable remainder trust can offer massive advantagFor business owners who are seeking an exit strategy and doing some form of business continuity succession planning OR for others who hold appreciated assets with a very low basis, such as stock or real estate investments, a charitable remainder trust can offer massive advantagfor others who hold appreciated assets with a very low basis, such as stock or real estate investments, a charitable remainder trust can offer massive advantages.

A charitable lead trust (CLT) designates a rate of return or income to be paid to the charity over a specified time period and is more commonly used for estate tax planning because the balance of the estate assets will pass to beneficiaries free of estate taxes upon expiration of that time period.

Like for example, maybe you decide to do some estate planning and you put a big asset in a charitable remainder trust, which means when you pass away goes to charity.

In the event of the dissolution of the Club, other than for purpose of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club shall be distributed to any members of the Club, but after payment of the debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs, which organization shall be selected by the Board of Governors.

In the event of the dissolution of the Club, other than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof nor any assets of the Club shall be distributed to any members of the Club but after payment of debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board of Directors.

In the event of the dissolution of the Club, voluntary or involuntary by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club shall be distributed to any members of the Club; but after payment of the debts of the Club, except in the case of a dissolution for the purpose of all immediate reorganization of the Club, the Board of Directors shall give the property and assets of the Club to one or more charitable organizations within the United States for the benefit of dogs.

A Charitable Gift Annuity (CGA) can provide guaranteed income for life by providing the mature donor with lifetime payments through better yield on fixed income assets, such as CDs and bonds, and reduce portfolio risk.

You fund this type of trust with cash or appreciated assets — and may qualify for a federal income tax charitable deduction when you itemize.

You fund this trust with cash or appreciated assets — and may qualify for a federal income tax charitable deduction when you itemize.

In the event of the dissolution of the Society, other than for purposes of reorganization, whether voluntary or involuntary, or by operation of law, none of the property of the Society, nor any proceeds thereof, nor any assets of the Society shall be distributed to any members of the Society, but after payment of the debts of the Society, its property and assets shall be given to a charitable organization for the benefit of dogs, selected by the Board of Directors.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

Charitable Lead Trust — The charitable lead trust permits you to make a future transfer of assets to your heirs, while providing a regular, fixed amount of income to the Humane Society of Greater Miami for a specified numberCharitable Lead Trust — The charitable lead trust permits you to make a future transfer of assets to your heirs, while providing a regular, fixed amount of income to the Humane Society of Greater Miami for a specified numbercharitable lead trust permits you to make a future transfer of assets to your heirs, while providing a regular, fixed amount of income to the Humane Society of Greater Miami for a specified number of years.

A charitable lead trust allows you to transfer the benefit of income - producing properties and other assets to the APA Adoption Center for a specific number of years.

In the event of the dissolution of the Club, other than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club, shall be distributed to any members of the Club, but after payment of the debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board.

Gifts of appreciated assets with long - term capital gains are ideal for transfer, as you generally pay no capital gains taxes and are eligible for an income - tax charitable deduction.

In the event of dissolution, none of the property of the Club nor any proceeds thereof nor any assets of the Club shall be distributed to any members of the Club but after payment of the debts of the Club, its property and assets shall be given to the ABC or a charitable organization for the benefit of dogs.

The charitable lead trust, usually funded with highly - appreciated assets, would make payouts to the Parks Conservancy for a term of years, at the end of which the assets will be distributed to your heirs, at a reduced gift or estate tax.

Crichton's 2007 will provided for the vast majority of his assets, including his art, to be placed in a private trust benefiting his fifth wife, Sherri, his then - teenage daughter from a prior marriage and other family members, friends and employees as well as a charitable foundation.

Educational programming is made possible with generous support from Allegheny Regional Asset District; American Eagle Outfitters Foundation; Milton and Sally Avery Arts Foundation; Jack Buncher Foundation; First National Bank; Sheila Fortune Foundation; Grable Foundation; Institute for Museum and Library Services; Maher Duessel, CPAs; Pennsylvania Council on the Arts; PNC Charitable Trusts; the Sprout Fund; UPMC Health Benefits.