Total charitable impact

 

Intergenerational giving: How our charitable practices influence our children—and vice versa

It’s summer—a time of long, sun-washed days, family vacations, and, at Vanguard Charitable, an annual tradition we call Community Days. These volunteer outings are one of the most gratifying ways we take time off work, as each team member chooses from a collection of service opportunities that have been developed in tandem with local nonprofits. This year, team members will cage and protect young oak trees in a nearby land preserve, cheer on elderly individuals in the Olympics-style “Golden Games,” and support at-risk youth at a back-to-school event—to name just a few of the options. This time out of the office is time well-spent; the tradition of Community Days helps us put our values to work and our mission into action.

Working together: Private foundations & donor-advised funds

When comparing your private foundation to donor-advised funds, many ask the same question: Do I maintain my foundation or open a philanthropic account? For those with a private foundation, considering other charitable giving vehicles to maximize the impact of your philanthropy can often be seen as an "either/or" decision. While both of these giving options offer different benefits, the choice doesn't have to be one or the other.

Taking charge of the philanthropy talk

Over the past few years, it has been reported that many high net worth individuals are unsatisfied with the philanthropic conversations they have with their financial advisors. The reasons noted most often are the reluctance of advisors to initiate charitable conversations, lack of meaningful content, and the infrequency of these discussions. 

Creating your charitable investing roadmap

In any area of life or business, deciding to change habits or practices is only half of the battle. Then comes another difficult undertaking: Implementation. 

Give without purpose

When giving at year-end, the time constraints, solicitations from your favorite charities, and looming tax considerations can feel overwhelming, leaving many donors rushing to make donations late in December. But how can you give to a charity's greatest need during this time of year? Give without purpose.