Why Is Now a Good Time to Give to Charity?

The coronavirus pandemic has actually developed a massive need for charitable offering, but there are other tax-smart reasons why donors may be encouraged to offer more throughout this time. In fact, Schwab Charitable reports a remarkable rise in giving over the previous year. From January through June 2020, Schwab donors committed over $1.7 billion in 330,000 separate grants. This represents a 46% increase in dollars given and a 44% increase in the number of grants compared to the exact same duration in 2019. [1] ()

In this special bonus episode, Mark Riepe talks with Kim Laughton, the president of Schwab Charitable. She and Mark talk about how to recognize the best charities for you, how to incorporate charitable providing into your financial strategy, and how to take advantage of current legislative changes when offering, to name a few subjects.

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