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Why is spend-down philanthropy increasingly popular?

Posted by Joe Wallace on Dec 3rd, 2020 · 0 Comment

Why is spend-down philanthropy increasingly popular? Before we answer the question, let’s define our terms. There are two basic types of charitable organizations and philanthropic concerns. One type is an open-ended, perpetually funded (or perpetually in need of funding) organization. The other is a type of foundation or organization that has funding but must spend it and accomplish their work within...
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4 Things To Know Before You Donate an Investment

Posted by Jackie Cohen on Nov 16th, 2017 · 0 Comment

While donations of any kind are appreciated, gifting investments benefits both the giver and the receiver. Here are four key things to know about this type of giving. Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A. in English from Claremont...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Why is spend-down philanthropy increasingly popular?

4 Things To Know Before You Donate an Investment

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