Special Report

Morningstar's Guide to Charitable Giving

Morningstar.com

Charitable giving is invariably on many investors' to-do lists--year in and year out. After all, giving to a good cause provides a feel-good boost. But giving can have tax benefits, too.

"Charitable strategies involving investments have the potential to deliver greater tax benefits than making plain-vanilla cash contributions," says Morningstar director of personal finance Christine Benz.

There are many tax-savvy ways to give, including taking advantage of qualified charitable distributions, donating appreciated stock, and investing in donor-advised funds. And for those investors with substantial assets, charitable remainder trusts may be an option.

We've assembled a collection of article and video content focused on various strategies for giving.

Should You Clump Your Charitable Donations?
A higher standard deduction means investors should consider clumping several years of charitable donations into a donor advised fund to help reduce tax burden, says Michael Kitces.

Retirees: Make the Most of Your Charitable Giving
Retirement expert Ed Slott offers tips for maximizing tax savings using qualified charitable distributions.

A Tax-Smart Way to Give to Charity
The new tax law makes qualified charitable contributions from IRAs more appealing for many retirees. Contributor Mark Miller explains why.

An Easier Way to Make Qualified Charitable Distributions
How an old-fashioned checkbook can simplify the process of making QCDs from an IRA.

Morningstar's Guide to Donor-Advised Funds

Here are the questions to ask to determine whether a donor-advised fund is right for you, and tips for choosing the right one.

These Charitable Investment Strategies Deliver a 'Three-fer'
These three maneuvers will tend to deliver a higher tax benefit than writing a check and deducting it, and may even improve your portfolio.

How to Best Leave an IRA to Charity
Charitable giving can become messy when it involves multiple beneficiaries and retirement and nonretirement assets.

When to Use a Charitable Remainder Trust
Under the right circumstances, you’ll be doing right for the client and a good cause.

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