Charitable Giving - North Light Financial Services

Cash Alternatives for Charitable Giving
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Cash Alternatives for Charitable Giving

Charitable Giving, end of year money moves

Cash Alternatives for Charitable Giving

Cash Alternatives for Charitable Giving Thinking about donating? Think of these choices. The year is winding down, and you may be thinking of giving. In fact, you may want to explore the different ways in which you can donate to a charity or non-profit organization, apart from just making a cash gift. Consider some of the alternatives. Keep in mind this article is for informational purposes only. It's not a replacement for real-life advice. Make sure to consult your tax [...]

By info@northlightfinancialservices.com|2021-12-22T11:51:52-05:00December 22nd, 2021|Charitable Giving, end of year money moves|Comments Off

Will Giving Decline?

Will Giving Decline? The loss of the charitable tax deduction could hurt non-profits. Charities are wondering if they will lose out on millions this year. The federal tax deduction for charitable contributions has disappeared because of the recent tax reforms. The standard federal income tax deduction is now $12,000 – make that $24,000 for a married couple filing jointly. (The amounts rise to $13,600 for a single taxpayer 65 or older and $26,600 for joint filers 65 and older.) With [...]

By info@northlightfinancialservices.com|2018-04-16T09:33:16-04:00April 16th, 2018|Charitable Giving, Personal Finance|Comments Off

Year-End Charitable Gifting

Year-End Charitable Gifting What should you keep in mind as you donate? Are you making charitable donations this holiday season? If so, you should know about some of the financial “fine print” involved, as the right moves could potentially bring more of a benefit to the charity and to you. To deduct charitable donations, you must itemize them on I.R.S. Schedule A. So, you need to document each donation you make. Ideally, the charity uses a form it has [...]

By info@northlightfinancialservices.com|2017-12-22T11:29:53-05:00December 21st, 2017|Charitable Giving, Personal Finance|Comments Off

Impact Investing – Planning to Grow Your Money with Causes in Mind

Impact Investing Planning to grow your money with causes in mind. Can investing change the world? Some millennials, Gen Xers, baby boomers and elders hope the answer is “yes.” Billionaires, like Bill Gates and Richard Branson, are pouring money into green business ventures and projects intended to improve education and the quality of life, and millions of other households are directing portions of their portfolios into socially responsible investments. Impact investing, which was once largely ignored by Wall Street, [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00August 4th, 2016|Charitable Giving, Financial Fitness, Investing, Socially Responsible Investing|Comments Off

Investing in Agreement With Your Beliefs

Investing in Agreement With Your Beliefs The case for aligning your portfolio with your outlook & worldview. Do your investment choices reflect your outlook? Are they in agreement with your values? These questions may seem rather deep when it comes to deciding what to buy or sell, but some great investors have built fortunes by investing according to the ethical, moral and spiritual tenets that guide their lives. Sir John Templeton stands out as an example. Born and raised [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:19-04:00June 12th, 2015|Charitable Giving, Investing, Socially Responsible Investing|Comments Off