Multiply Your Giving Impact
What if you could give away the same amount as you currently are giving, but multiply your impact? For most of us, all of our wealth is tied up in our assets like stocks, real estate, or business interests, while only a fraction is in cash. And yet, most of our giving is coming from that tiny piece of the pie. In fact, most Americans are not aware of the benefits of giving away these types of assets. Only 26% of high net worth households give appreciated assets to charity, while 93% make donations using cash or checks.
Learn how to multiply your giving using your appreciated non-cash assets in this video above from the National Christian Foundation.
Pretty cool. Let’s be smart about how we give. When you give all or a portion of your appreciated non-cash assets, you’ll likely:
- Pay significantly less taxes
- Improve your personal cash flow
- Send much more to your favorite causes