Give wisely, leave a legacy
Discover how gift planning can maximize your impact today and after your lifetime
One Big Beautiful Bill Act
Why charitable giving matters more than ever
The recently passed One Big Beautiful Bill Act brings sweeping changes to tax and estate planning—making charitable giving more important and strategic than ever.
The Act permanently sets the estate and gift tax exemption at $15 million per individual and $30 million per couple, offering an opportunity for high-net-worth individuals to transfer wealth tax-efficiently. It also introduces a new above-the-line charitable deduction—up to $1,000 for individuals and $2,000 for couples—even for those who don’t itemize. This means nearly all taxpayers can now benefit from giving.
However, starting in 2026, itemized charitable deductions will be capped at 35% of AGI for high-income earners, and a new 0.5% AGI floor will apply to all itemizers. These changes make 2025 a critical year to consider accelerating major gifts.
Planned giving tools such as donor advised funds, charitable trusts, and beneficiary designations can help donors maximize tax benefits, create a lasting legacy, and support causes they love—like our Foundation. These strategies also offer a meaningful way to involve family in philanthropy, ensuring your values live on.
Now is the time to align your charitable goals with your financial and estate plans—for impact today and for generations to come. Our gift planning experts can help you consider the best options for your needs.
Retirement accounts
Two powerful ways to give back
Your retirement assets can do more than fund your future—they can also fuel your generosity. Here are two simple, tax-smart ways to support the Foundation using your retirement or other types of accounts:
Qualified Charitable Distributions (QCDs) from your IRA
If you're age 70½ or older, you can give up to $108,000 in 2025 directly from your IRA to the Foundation. This gift can satisfy your Required Minimum Distribution (RMD)—which begins at age 73—without increasing your taxable income. It may also reduce taxes on Social Security and lower Medicare premiums. Not yet eligible? Encourage your parents to consider this impactful option.
Beneficiary Designations on accounts
You can name the Foundation as a beneficiary of your retirement accounts, bank accounts (via a Payable-on-Death form), or other financial assets. This allows the Foundation to receive the full value tax-free, while you retain full control during your lifetime. It’s a simple, revocable way to leave a legacy—no attorney required.
Let us know if you’ve included the Foundation in your plans—we’d love to thank you and ensure your gift is used just as you intend.
Donor Advised Funds
A flexible, family-friendly way to give
A Donor Advised Fund (DAF) is a simple, tax-efficient way to support the causes you care about. You make a charitable contribution to your DAF, receive an immediate tax deduction, and then over time recommend grants to your favorite nonprofits like our Foundation.
DAFs offer flexibility: you can contribute when it’s most advantageous for you financially and decide later how and when to distribute the funds. You can give from your own DAF or open one through the Foundation with a minimum contribution of just $5,000.
One of the most meaningful features of a DAF is the ability to involve your loved ones. You can name family members as joint or successor custodians, allowing you to give together and pass on your philanthropic values. Successor custodians can continue your pattern of giving, creating a lasting legacy of generosity.
Whether you’re looking to simplify your charitable giving or inspire the next generation, a DAF is a powerful tool to make a lasting impact.
Donor Spotlight
Our gift planning expert is happy to help!
Brad Blandin
Vice President of Charitable Estate & Gift Planning
✉ [email protected]
📞 (419) 251-1803