Charitable Solutions for Your Clients

At The Dayton Foundation, we will work with you and your clients – whether individuals, families or businesses – to customize a giving plan that will help them realize their charitable intent, maximize their investment and achieve maximum tax savings.



Year-end Tax
Planning

Scenario: A Kettering executive just sold his business and would like to make a substantial charitable donation to offset his taxable income, but he has no time before the end of the year to research individual charities.

Solution: Have your client open a Charitable Checking Account℠ at The Dayton Foundation. Your client will receive an immediate tax deduction for his gift, and may then direct grants to charity the following year or when it’s most convenient. This free service makes it easy to keep track of charitable gifts for tax reporting. Your client also can open an account, direct grants to charity and access up-to-date account information online through The Dayton Foundation’s web site.

Read more about the benefits of a Charitable Checking Account for your clients in The Dayton Foundation’s brochure, “If You Write Checks to Charity, This Is for You!



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Comfortable Retirement

Scenario: A Springboro retiree wants to increase the income that he and his wife currently receive from his certificates of deposit, but he doesn't want to risk investing in stocks. He also likes the idea of leaving something after his death to benefit the arts and education in his community.

Solution: Suggest that your client establish a charitable gift annuity that provides a guaranteed stream of income to himself and/or his spouse. Any remainder left when the annuity payments stop can be used to establish a charitable fund at The Dayton Foundation for the charity or charities that your client designates. Your client will have peace of mind in knowing that his income payments are assured, while his charitable objectives will be met far into the future.

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Private
Foundations

Scenario: An Oakwood family would like to broaden their charitable impact through a private foundation but wants greater tax benefits and fewer bureaucratic hurdles.

Solution: Recommend that your clients open a Family Foundation Plus℠ fund at The Dayton Foundation. With a Family Foundation Plus fund, your clients may direct grants to public charities anywhere in the country without all the hassles, restrictions and expense of establishing a private foundation.

Read more about the benefits of a Family Foundation Plus fund versus a private foundation, including an easy-to-read comparison chart, in the Foundation’s brochure, “Better than a Private Foundation – Family Foundation Plus.

Appreciated
Stock

Scenario: An affluent family in Beavercreek has highly appreciated stock that they have held for more than one year. The parents have a strong interest in affordable housing for the disabled and would like to take an active role in supporting their community. They also would like to involve their adult children in establishing a plan for the family’s charitable giving.

Solution: Suggest that your clients create a donor-advised fund by gifting their appreciated stock to The Dayton Foundation. They will receive an immediate charitable tax deduction for the fair market value of the stock and avoid paying capital gains taxes on its sale. The family, including the adult children, can serve as advisors to the fund and develop a charitable mission together. The Foundation’s staff will work with you and your clients to help them achieve their charitable goals.

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Estate
Preservation

Scenario: A Trotwood physician approaching retirement wants to reduce future income and estate taxes by directing IRA assets left at her death to charity, but she prefers to leave specific giving decisions to others.

Solution: Your client may establish an unrestricted fund at The Dayton Foundation that will enable the Foundation’s staff and Governing Board to use their years of community knowledge and experience to determine where grant money is needed most in our region. By gifting her IRA or qualified retirement plan assets to charity at the time of her death, your client maintains the use of her assets during her lifetime, generates an estate tax deduction and avoids paying any income tax upon distributing the assets to the Foundation.

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Highly Appreciated Assets

Scenario: A Centerville couple owns appreciated real estate and wishes to donate it to their church, but the church isn't equipped to accept gifts of real estate.

Solution: Suggest to your clients that they donate the property to The Dayton Foundation to establish an endowed fund for the church. Your clients will receive a tax deduction for its fair market value, while avoiding the capital gains tax that would arise from a sale. The Foundation will sell the property and use the proceeds to provide continuing operating support to the church.

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File date: 9.17.14

HERE TO HELP

Joe Baldasare

“These scenarios illustrate a few ways we can help you achieve your clients' charitable goals. To tailor a solution to your client’s individual needs, please contact me.”
– Joe Baldasare, vice president, Development, at (937) 225-9954

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