By Tag · Low interest rates
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Historically low interest rates offer unique opportunities for charitable giving April 27, 2020
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The unexpected onslaught of COVID-19 has produced many responses – including the Federal Reserve reducing interest rates to historic lows. One key interest rate — known as the IRS discount rate (or Internal Revenue Code section “7520 rate”) — directly affects the deduction value of certain types of charitable gifts. Continue Reading ➜
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What goes down must come up: The impact of low interest rates on philanthropy January 23, 2017
![What goes down must come up: The impact of low interest rates on philanthropy]()
In an effort to stimulate the U.S. economy following the onset of The Great Recession in 2008, the Federal Reserve Bank reduced interest rates to historic lows. Post-2008 fixed income investments—including bonds, Certificates of Deposit, and money market funds—fell dramatically and investors who relied heavily on those assets suffered the most. Likewise, the payout rates and deduction benefits from interest sensitive charitable gifts went lower. Continue Reading ➜
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What the Future Holds for Charitable Gift Planning February 3, 2015
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As we gaze into our ever prescient crystal ball—what future do we foresee for charitable gift planning? Answer: a VERY bright one! (Well, what did you expect me to say?)
Let’s ignore the conjecture so often offered in light of congressional and presidential proposals, oil price fluctuations, and world events and consider where we are, today, rather than the myriad of possibilities out there…in The Twilight Zone.
We anticipate three notable trends to impact charitable giving in 2015. Read on to learn more. Continue Reading ➜
