Search Submission

TAKE THE BITE OUT OF 2011 TAXES

Schwab Charitable Encourages Investors To Plan Ahead With Tax-Smart Giving Strategies

SAN FRANCISCO, April 26, 2011 — With the effects of the tax filing deadline still fresh, Schwab Charitable, suggests that now is an excellent time for investors and their financial advisors to begin planning ahead to reduce their taxes for 2011 while also providing maximum benefits to their favorite charities.

From donating cash or appreciated assets to making a distribution from your IRA to a qualified charity, there are plenty of ways to make a difference and concurrently take a bite out of 2011 taxes.

"It’s a win-win situation," says Kim Wright-Violich, President of Schwab Charitable. "Investors who are motivated to support charitable causes can do so in a way that substantially reduces their tax bills."

Schwab Charitable’s tips for potentially reducing 2011 tax bills include:


About Schwab Charitable
Created as a national donor-advised fund with a mission to increase charitable giving nationwide, Schwab Charitable has raised over $5 billion and facilitated over $2 billion in grants to charity since inception. Donor-advised account sizes range from $5,000 to over $300 million. For more information, visit www.schwabcharitable.org.