Important Note

You are now leaving the Strong Valley Wealth & Pension, LLC ("Strong Valley") website. By clicking on the "Schwab Alliance Access" link below you will be entering the Charles Schwab & Co., Inc. (“Schwab”) Website. Schwab is a registered broker-dealer, and is not affiliated with Strong Valley or any advisor(s) whose name(s) appears on this Website. Strong Valley is/are independently owned and operated. Schwab neither endorses nor recommends Strong Valley. Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Strong Valley under which Schwab provides Strong Valley with services related to your account. Schwab does not review the Strong Valley website(s), and makes no representation regarding the content of the Website(s). The information contained in the Strong Valley website should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.

Article

Help Maximize Your Charitable Gifts

Help Maximize Your Charitable Gifts

Charitable giving involves donating money, time, or possessions without expecting any personal benefit. The time spent formulating your charitable giving strategy can help you maximize the effect you have on the causes and organizations that are closest to your heart. Here are points to think about as you consider giving to non-profits.

November 17, 2024
Help Maximize Your Charitable Gifts
Important Disclosure: Content on our website and in our newsletters is for informational purposes only. The information provided may (or may not) directly apply to your situation. We recommend that readers work directly with a professional advisor when making decisions in the context of their specific situation.

Any endeavor worth undertaking, especially one that may affect others, deserves our careful consideration before we begin.

When contemplating charitable giving, think about the following points:

Choose Your Causes

  • Worthy causes abound and regularly solicit our time and money.
  • Choose a few organizations that focus on areas that are meaningful to you, and then research what kind of help is needed.

Budget Your Gifts

  • When planning your annual budget, include charitable gifts.
  • Distributing your donations throughout the year may lessen the impact on your finances and increase your total giving.

Plan Your Volunteer Activities

  • Volunteering can be a rewarding experience, especially when you’re able to see the fruits of your labor.
  • Carefully determine the time you have available to ensure your best efforts for the cause.
  • Avoid taking on too much.
  • Review Your Plans.

Review Your Plans

  • Just as you review your annual financial budget, review your annual time and value budget.
  • Revise your volunteer commitments to include only those where the rewards have been the greatest for both you and your cause.
  • Think quality rather than quantity.

Through our gifts of time and money, we may create better communities and a better world.

The time spent formulating your charitable giving strategy can help you maximize the effect you have on the causes and organizations that are closest to your heart.

Other content you may like

  • Strong Valley Special Webinar - Sep 23 2020

    Immediate and Long-term Economic Outlook with special guest Strider Elass

    September 26, 2020
    The Strong Valley Advisor Team along with special guest Strider Elass will be giving broad insights on the economy. We discuss how the COVID recovery, exorbitant national debt, and the current political climate, may impact the economy in the immediate and distant future. Strider is a Senior Economist and is part of the First Trust Economics Team that Bloomberg has ranked as one of the top forecasters of the U.S. economy over the past several years.
    Read this Article
  • Is Value Poised for a Big Bounce?

    Is Value Poised for a Big Bounce?

    October 19, 2021
    This Student of the Market looks at what happened in September with stock market returns and an overview of 2021 for bond market returns. Growth versus Value is charted along with Long-Term Bond returns, and alternative fund flows. A helpful chart illustrates a broad category and specific category breakdown of what goes into Headline inflation.
    Read this Article
  • It's Time in the Market, Not Market Timing

    It’s Time in the Market, Not Timing the Market

    February 23, 2021
    A quick look at the average monthly return following January, upside and downside captures, Market timing, fund flows and the historic bounce back in small cap stocks.
    Read this Article
  • Fed Makes Biggest Rate Hike in 28 Years

    Fed Makes Biggest Rate Hike in 28 Years

    July 5, 2022
    No surprise at a rate increase – it was the magnitude that caught many off guard. What are the implications for investors and markets after the largest increase since 1994? Any increased expense for banks to borrow money has a ripple effect for both individuals and businesses.
    Read this Article
    • The link you have selected is located on another server. The linked site contains information that has been created, published, maintained, or otherwise posted by institutions or organizations independent of this organization. We do not endorse, approve, certify, or control any linked websites, their sponsors, or any of their policies, activities, products, or services. We do not assume responsibility for the accuracy, completeness, or timeliness of the information contained therein. Visitors to any linked websites should not use or rely on the information contained therein until they have consulted with an independent financial professional. Please click “Continue to Link” to leave this website and proceed to the selected site.
    No, stay on StrongValley.comContinue to link
    phone-handset