Manning & Napier’s Post

Charitable giving can have a a dual impact of not only doing good by the causes you care about, but also adding value to your finances through potential tax benefits. Throughout the year, Myah and I have conversations with clients to explore how their philanthropic giving fits into their overall financial plan, and how to strategically fund these dollars- often through harvesting portfolio gains. Incorporating a sustainable giving strategy can help augment your overall financial and estate plans- and can importantly lift up your values and sense of well-being. Alena Ilyushyna, CFA Kyle Wagner Dakota Voelker #TheIrickGroup

Charitable giving is more than a way to support the causes you care about—it can also be a strategic component of your financial plan. This week, we’re diving into donor-advised funds (DAFs) and how they can help you maximize tax efficiency, reduce liabilities, and build a legacy of giving. 💡 What is a Donor-Advised Fund? Think of a DAF as a flexible, tax-efficient charitable investment account. You contribute assets, receive an immediate tax deduction, and recommend grants to your chosen charities over time—all while your contributions grow tax-free. Why Consider a DAF? - Tax Benefits: Deduct contributions immediately, eliminate capital gains taxes, and reduce estate taxes. - Legacy Building: Involve your family, teach values of giving, and ensure your philanthropic goals last for generations. - Flexibility: Time contributions and grants to fit your goals, and adapt as priorities evolve. Whether you’re planning for a significant taxable event or looking to simplify your giving strategy, DAFs offer unique advantages for high-impact philanthropy. Read more in our latest blog linked below to see if a donor-advised fund could fit into your financial plan. #WealthManagement #CharitableGiving #DonorAdvisedFunds #TaxPlanning https://lnkd.in/euv39VnX

As we approach giving season, consider ways to potentially lower your tax bill. Learn how harvesting your portfolio's gains can help your philanthropic dollar go farther as part of a year-round strategy. Do you use a Donor Advised fund?

As we approach giving season and #GivingTuesday, consider ways to potentially lower your tax bill. Learn how harvesting your portfolio's gains can help your philanthropic dollar go farther as part of a year-round strategy.

Did you know donating appreciated assets can help reduce taxes while maximizing your charitable impact? With giving expected to grow this year, now’s the time to align your financial plans with the causes you love. Read more about strategic giving in our latest post! 🎁

To help determine whether a charitable trust is a good-fit solution for you, consider your tax situation, giving goals, family situation, and overall financial picture. https://lnkd.in/gFtHFQJy

To help determine whether a charitable trust is a good-fit solution for you, consider your tax situation, giving goals, family situation, and overall financial picture. https://lnkd.in/gNcqbZ-X

To help determine whether a charitable trust is a good-fit solution for you, consider your tax situation, giving goals, family situation, and overall financial picture. https://lnkd.in/ek_kda8Z

Gifting and charitable contributions are a common occurrence for many of us. No matter if it is a large nonprofit organization or the local shelter down the street, we all have our own calls to action. We here at Vantage look to optimize that by gifting appreciated securities to avoid capital gain tax and reduce taxes via increased itemized deductions... Read more of Kyle Rohrwasser's article 'Keep it in the Family' below,

Here is a "double win": Harvest your portfolio's gains, and donate them to charity can help your philanthropic dollar go farther — and potentially lower your tax bill. Learn more how this strategy that fits into your overall wealth planning.