| As with any important endeavor in your life, thoughtful planning
is an important part of charitable giving.
GIVING QUESTIONS
Before sitting down with a
professional advisor to determine how you would like to structure your
giving, answer the Giving Questions
below. Your honest, thoughtful responses to these questions will
better prepare you for your discussions with your advisor, saving you
time and money, and will help you and your advisor develop a
charitable giving plan that best reflects your life’s experiences,
values, goals and passions.
-
Why are you interested in charitable giving? (See
Why
Do We Give?)
-
What would you like to accomplish with your giving? What are
your passions, values and goals for your giving?
-
How would you like to be involved in, or manage, your giving?
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How much money do you want to commit to your philanthropy
during your lifetime and how much after your death?
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Do you want to involve others in your giving, either inside or
outside your family? If so, who?
-
Are there time-sensitive tax considerations influencing your
giving decision?
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Are you comfortable with a legally binding commitment for a
period of time?
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Do you need income from your financial assets now? If so,
please describe these needs.
-
Would you like your charitable giving to be part of your
retirement planning? If so, in what ways?
-
How have you given to charity in the past?
NEXT
STEPS
PROFESSIONAL ADVISORS
If you don’t have a professional advisor to help you with your
charitable giving plan, or would like more information, see Working
with Professional Advisors.
PUBLICATIONS
The Minnesota Council on Foundations offers several useful
publications for sale that can help you plan your charitable giving. For details,
see Giving Resources.
|
giving
questions |
working with professional advisors
