Investing in Friendship

Investing in Friendship

At the heart of philanthropy is a simple truth: generosity is often rooted in relationships. Sometimes the most meaningful acts of giving begin not with an institution or a campaign, but with a friendship.  Last year, the Wayne County Foundation had the privilege...
Highs and lows: Reminding clients about stock gifts

Highs and lows: Reminding clients about stock gifts

As an attorney, CPA, or financial advisor, you’re well aware that your clients are typically better off from a tax perspective if they donate to charity by giving appreciated stock held for more than one year instead of writing a check. That’s because the client’s...
Bunching charitable gifts, year-end, and getting ahead

Bunching charitable gifts, year-end, and getting ahead

For many attorneys, CPAs, and financial advisors, the last weeks of summer mark the beginning of year-end planning season. As clients return from vacations and turn their attention to tax and financial planning, it’s an ideal time to revisit charitable giving...
A quick note about pending legislation

A quick note about pending legislation

The Wayne County Foundation team appreciates that so many attorneys, CPAs, and financial advisors recommend to clients age 70 ½ and older that they take advantage of Qualified Charitable Distributions (QCDs) from traditional IRAs. Your client can direct a QCD to a...
A “big” inheritance may not be all financial

A “big” inheritance may not be all financial

Welcome to the Great Wealth Transfer! This much-cited era, happening right now, is reportedly the time when trillions of dollars will pass from one generation to the next over the coming decades in various forms, ranging from cash and stock to real estate and business...