Philanthropic Contributions Are Actually Up 76% At Schwab

Wednesday, December 14, 2011 09:23
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Philanthropic Contributions Are Actually Up 76% At Schwab

Tags: charitable giving

As a rollercoaster year winds down, it's good to hear that philanthropic plans are still going full speed ahead.

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Schwab Charitable says contributions to its donor-advised fund are up 76% this year. 

 

Wealthy families haven't stopped giving.

 

Whether that's a leading economic indicator or just a sign that long-term tax planning is still on course, it's a great sign of confidence.

 

And it means that the philanthropic conversation still has to happen. The tax outlook is cloudier than ever, so every bit of clarity you can get for your clients counts even more.

 

 

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