February 23, 2022
Tax-Smart Philanthropy for 2022
Eight ways to increase giving power and reduce taxable income
2021 was a record-breaking year for giving through Schwab Charitable donor-advised fund accounts. Donors showed exceptional generosity by granting $4.4 billion to 114,000 charities.
Passing values on to younger generations through philanthropy can help maximize charitable impact and extend a donor's legacy. Many donors are looking for ways to introduce these conversations and to connect their family in a meaningful giving strategy that involves the whole family.