charitable giving
Inspired by a recent trip to Haiti, Susan Hoover considers the nation's troubled history as well as its recent travails, the value and efficacy of international aid, and how to optimize charitable giving, in the latest edition of Weekend Reads.
"There is no reason anyone should be poor;," Muhammad Yunus said. "We just need to fix the system so that all are truly reflected in our economy.”
"With charitable giving," Eric Friedman, CFA, tells Sloane Ortel, "if you’re not focused on the evidence behind your approach and the potential outcomes, then you’re flying blind with respect to impact."
It is easy to be outraged at the alleged fraudulent activity of charities like the National Children’s Leukemia Foundation. However, the easiest way to improve charitable giving is for donors to do their research and target their donations to where they will do the most good.
With interest rates at record lows, wealth managers who serve charitably minded clients in the United States may want to take a closer look at the merits of a charitable lead trust, a vehicle that is sometimes referred to… READ MORE ›