By Jennifer O'Flannery Anderson, Ph.D.

Community Foundation of Broward President/CEO

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Love is a driving force for giving during the holidays. Love for family and friends. Love for customs and traditions. Love for the place that feels like home.

Whether your love is rooted in faith, fueled by gratitude or both, this is a great time of year to show your love by investing in your charitable passions.

That’s because many nonprofits rely on year-end giving to sustain their critical work and to determine what efforts they will pursue next year. Holiday giving is your opportunity to create ongoing support for families in need, the arts, student achievement, health care, cultural attractions, the environment and many other powerful ways to show your love and shape a brighter future.

That’s why we chose “Lead with Love” for the Community Foundation of Broward’s new motto. We partner with philanthropists who show their love through giving that transforms lives and uplifts the community they treasure. With the end of the year fast approaching, our expert team is ready to help you maximize the impact – and tax benefits – of your charitable giving.

Here are a few year-end giving options to consider, in addition to cash, that can amplify your impact:

• Give stock: Appreciated stock can be donated and then sold by a charity for 100 cents on the dollar – no capital gains tax applies.
• IRA distribution: A Qualified Charitable Distribution (QCD) from your IRA is an easy way to donate to a nonprofit, potentially reducing your taxable income and satisfying a Required Minimum Distribution (RMD).
• Gift bundling: You can bundle several years’ worth of support for your favorite causes through a single gift to a donor-advised fund. You ensure future support for long-term charitable goals and get the full tax benefit this year.
• Donate real estate and other “complex gifts”: Real estate, “closely-held stock” and valuable collections can fuel your charitable support. Our philanthropy experts can work with your professional advisor to facilitate gifts of complex assets.
• Estate gift commitment: If donating now isn’t an option, consider naming a nonprofit as one of the beneficiaries in your will. For example, when you commit to a bequest to the Community Foundation your future gift will create an endowed charitable fund that provides sustainable, permanent support for causes that mean the most to you.

This year, with big changes to federal tax laws, it’s more important than ever to talk to your professional advisor about potential giving strategies. As always, the Community Foundation’s expert team is ready to work in collaboration with you and your advisor to help make the most of your charitable giving.

Please visit our website, cfbroward.org, to learn more about how we partner with you to “Lead with Love.” And thank you for everything you do to show “love” for our community!

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Find out how the Community Foundation of Broward can help you make the most of your holiday giving. Please contact Kelly Marmol, Vice President of Philanthropic Services, at kmarmol@cfbroward.org or 954-761-9503.

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