Philanthropy & Charity

There are many ways to give to charities and causes that are important to you. As part of your legacy and estate planning, Basepoint Wealth advisors can explain and evaluate a wide array of charitable giving strategies to help determine which might be best for you and your goals.

Recent tax code changes have made it more difficult for many to deduct annual charitable contributions, increasing the importance to you - and to the causes you care about - of identifying strategies to maximize the value of your planned giving.

Charitable giving for your time horizon

A proper tax efficient savings strategy can save you thousands of dollars over the course of your lifetime. While most people and many advisors focus on saving "as much as possible", our advisors go a step further and help you focus on saving "as efficiently as possible".

Direct Charitable Giving

Recent tax code changes have made direct charitable giving more challenging than ever. However, with the right planning and guidance, you can ensure that you receive the maximum tax benefit from your gifts to the organizations you care most about.

Donor Advised Funds

Donor advised funds have been around for decades, but they’ve only become wildly popular vehicles for charitable giving over the last several years as tax code changes have altered the ways to receive tax benefits.

Private Foundations

No longer just for the uber-wealthy, turn-key private foundations provide a powerful way to achieve maximum benefits to the causes you care about, today, tomorrow and potentially for generations.

Charitable Trusts

Charitable trusts offer flexibility and some control over your intended charitable contributions as well as lifetime income, thereby helping with retirement, estate planning and tax management.

Connecting Your Estate Plan

Many people have the goal to extend their tradition of giving beyond their lifetime. As you plan for philanthropic support as part of your legacy, a charity (including a Donor-Advised Fund) can be named as the beneficiary of a will or a revocable or irrevocable trust.