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Holiday Giving continued

Hopefully, getting involved during the holidays
inspires us all to volunteer our time throughout the
year. For volunteering ideas, you can visit
www.broward.org/volunteer.
Of course, making charitable donations during
the holidays is also an important way to lift up our
community – and make the most of end-of-year-giving
tax benefits.
Many nonprofit organizations that provide the critical,
front-line community services that make life better in
Broward rely on holiday giving to sustain them throughout
the year. Our charitable contributions support mental
health, senior isolation, art and culture, cancer research, the
environment, college and career readiness, animal rescue,
education and so much more.
• Gift bundling through a donor-advised fund: You can
Making donations to your favorite local charitable
organizations during the holidays is a wonderful way to “bundle” several years’ worth of support for your favorite
give back and say thank you to the community you love. causes or organizations through a single, year-end gift to
You can do it by giving cash to a holiday fundraiser or a donor-advised fund. Gift bundling enables you to lock in
making online contributions through the websites of local support to achieve your long-term charitable goals, while you
charitable organizations. get the full tax benefit this year.
• Include a charity in your will: If now isn’t the best time to
Here are a few other ways you may not have considered to
make a lasting impact with your holiday giving: donate, naming a charitable organization as one of your
beneficiaries is a wonderful way to know that your future gift
• Give with your IRA distribution: Making a Qualified will help others.
Charitable Distribution (QCD) from your IRA is an easy way
to donate to a charitable organization. A QCD is an above- I encourage you to contact your professional advisors to
the-line tax deduction that can satisfy your Required Minimum discuss the assets and giving strategies that work best for you.
Distribution (RMD). Also, I welcome you to contact my team at the Community
Foundation to discuss how our extensive local knowledge and
• Donate closely-held stock, real estate, art and other assets:
These types of gifts can be excellent ways to fuel your philanthropic expertise can help you make the most of your
charitable giving. Many charitable organizations, including charitable giving. Visit www.cfbroward.org to learn more about
my team at the Community Foundation of Broward, can work how we partner with local philanthropists who want to be more
with you and your professional advisor to facilitate a gift of an strategic and impactful when they give where they live.
“alternative” or “complex” asset. This is a great opportunity The holidays are a wonderful time to give back as a thank you to
to maximize tax benefits as well as maximize the dollars the community that gives us so much. With our time, talent and
available for your charitable giving. treasure we can all find a way to make life better in Broward.

ABOUT THE AUTHOR

Jennifer O'Flannery Anderson, Ph.D., is President & CEO of the Community Foundation of Broward (CFB).
Before joining the CFB she served as Vice President of Advancement and Community Relations at Nova
Southeastern University (NSU). She holds a bachelor’s degree from Florida State University, a master’s
degree from the University of South Florida, and a Doctor of Philosophy in Public Administration from FAU.
She has lived in Fort Lauderdale for more than 23 years with her husband Peter and their two dogs.

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