Donors Should Weigh Options Before Giving
November 29, 2006 | Read Time: 1 minute
Philanthropists who want to donate objects in addition to money or stocks should carefully weigh their options and the resulting tax implications in advance, reports Barron’s magazine as part of a special report.
Another article in the package highlights philanthropists’ personal connections to their causes. More donors are seeking specific subjects on which to focus their donations so that they can make a significant impact on issues close to their hearts, Barron’s reports.
The magazine also reports that those driven by personal passions are drawn to issues some consider controversial.
“Often, big breakthroughs come out of a committed philanthropist’s willingness to embrace a potentially controversial idea or mission,” Gene Tempel, executive director of Indiana University’s Center on Philanthropy, tells Barron’s.
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