For those who itemize their tax deductions, the value of their charitable deduction will likely decrease in 2018 and beyond under the new tax plan. One smart way to navigate this change is to “front load” charitable gifts into a donor advised fund before 2017 comes to a close. With a donor advised fund at the Greater New Orleans Foundation (just $5,000 to open), you get one tax receipt up front – and then advise us on how to make grants from your fund over time. It’s the easiest way to bundle and streamline your giving – all while maintaining a steady flow of annual support to your favorite nonprofit organizations.
Please email email@example.com to open a donor advised fund before the new year!