Philanthropy

In 90% of families, wealth disappears by the end of the third generation.

One option is to sell funds with lower or no estimated distributions, especially if possible savings will exceed trading costs.

Economic factors like changes to the tax code are behind nearly a quarter of all recent giving, according to a new survey.

More than $37 billion flowed into tax-sheltered donor-advised funds in 2018, according to a new report.

With careful planning, they can be among the 72% of U.S. students to get need-based assistance.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.

Taxpayers face a 5% penalty if they fail to meet the deadline.

Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.

A higher standard deduction makes itemizing deductions less valuable.

The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.