Tips For Serving Clients Who Love Local

Your charitably-minded clients certainly have no shortage of options for their philanthropic dollars. Many clients use their donor-advised funds, for example, at Whidbey Community Foundation to support favorite charities across the country, including alma maters, organizations in the communities where they’ve lived in the past or have a second home, or charities in communities where their grown children are now living.

Continue reading “Tips For Serving Clients Who Love Local”

What Happens When I Leave a Bequest to My Fund at Whidbey Community Foundation?

Many donors and fund holders at Whidbey Community Foundation have updated their estate plans to leave a bequest to their donor-advised or other type of fund.  Some bequests take the form of a “specific bequest,” which means that the fund at the community foundation receives a specific amount of money from the donor’s probate estate or trust.

Continue reading “What Happens When I Leave a Bequest to My Fund at Whidbey Community Foundation?”

FAQs: A Snapshot of Clients’ Tax-Time Charitable Giving Questions

The year is in full swing. Attorneys, accountants, and financial advisors are asking clients to start gathering tax documents and related paperwork for 2023 tax returns and 2024 planning. Now is a good time for advisors to review a few basic tax principles related to charitable giving. Here are three questions that are top of mind for many advisors, along with answers that can help you serve your clients. 

Continue reading “FAQs: A Snapshot of Clients’ Tax-Time Charitable Giving Questions”

Big or Small, Every Gift Matters

Simplicity, efficiency, and effectiveness have long been cornerstones of working with Whidbey Community Foundation to carry out charitable goals. Time and time again at the community foundation, we see how easily donors who’ve established a donor-advised or other type of fund are able to not only fulfill their big-picture charitable goals, but to act quickly to respond to critical needs in the community as they occur.

Continue reading “Big or Small, Every Gift Matters”

Estate Planning: One of the best ways to show you care 

Money, mortality, and family relationships. Each of those topics alone can be tough for anyone to address head on, and when you combine them, it’s no wonder so many people put off setting up or updating their estate plans. Establishing a will, trust, and beneficiary designations forces a person to confront decisions about the ultimate division of their assets, and many people think estate planning is more expensive or more of a hassle than it really is. 

Continue reading “Estate Planning: One of the best ways to show you care “