Philanthropy and Communities
Philanthropy and Charitable Giving, as it is referred to in taxable environments, are becoming more popular as their value and opportunity become more understood.
From a moral perspective, those who have more should help those who are not so fortunate. However, in many instances these philanthropic gestures have significant brand and accounting advantages that either build more value for the philanthropic project or the philanthropist. And why not, one must ask? The goodness of the gesture should be recognized and maximized so that the maximum benefits for the most people can be derived from the donation.
There is a multitude of options and opportunities available to our clients, and we would be delighted to discuss ways in which you can provide a legacy for those less fortunate.