PODCAST: Charitable Planning Strategies

Though giving directly to a charitable organization is one of the most common ways to contribute, it is not the only option. On Season 3, Episode 1 of the Nonprofit Jenni Show, I explain how individuals can take part in charitable planning when creating their estate plan. A number of strategies and vehicles exist, each with its own potential benefits and considerations. Choosing the right approach for your situation can help you give more effectively and efficiently.

Let’s review the three major strategies and potential giving vehicles associated with each strategy as explained in the podcast:

• Charitable giving during your lifetime

  • Donor-Advised Funds

  • Private Foundations

• Charitable giving while generating income

  • Charitable Remainder Trust

  • Charitable Lead Trust

• Charitable legacy giving

  • Specific bequests to charities

  • Charity as a residuary beneficiary

  • Charity as a contigent beneficiary

Listen to the podcast to learn more about each of theses strategies and which may best fit your charitable planning goals.