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

  • Podcast Highlight - Are Bonds Back?

    November 21, 2023
    The Team asks David about the top of rates and what is the outlook for bonds in fixed income returns.
    Read this Article
  • Achieving Life’s Goals with Cash Flow Alternatives

    Achieving Life's Goals with Cash Flow Alternatives

    October 4, 2022
    Each stage of your life may create new financial challenges. Being faced with a need for greater cash than what you have on hand, may have you considering your options for alternative resources. This brief overview explains the common places to look for sources of cash for pressing needs, with considerations for the relative benefits and potential drawbacks of each option.
    Read this Article
  • Signs You Need a Financial Planner

    Signs You Need a Financial Planner

    January 4, 2022
    Sometimes it’s hard to tell if you need a financial planner’s help with a problem or if you can handle it yourself. As happens often in life, not reaching out to a professional can delay you reaching your goals and cause you to incur more out-of-pocket expenses and lots of headaches.
    Read this Article

  • 5 Tips for Tackling Bad Spending Habits

    September 3, 2024
    Improving spending habits helps you achieve financial stability and security. These 5 simple strategies can help you take effective steps towards improving your spending habits and developing long-run habits that can help you build a better financial future.
    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