Listening for Charitable Opportunities

Philanthropy is a very personal decision
A professional advisor can help clients realize their charitable objectives by listening for charitable-giving opportunities, explaining options, and suggesting solutions. Significant giving opportunities often arise when clients are making major business, personal, and financial decisions. Our staff can work with you and your client to recommend the best charitable solution.

Many clients want their professional advisors to help them plan charitable giving. The Scioto Foundation can work with you to answer these questions and help each client fulfill his/her charitable goals.

• What are your clients' personal motivations for charitable giving?
  
• What are your clients' charitable interests in the community?
  
• What are your clients' priorities when focusing on a few areas that may make the greatest impact?
  
• What level of involvement does your client want to have in identifying charitable uses for his/her gift?
  
• What type of giving instrument best fits your client's financial situation and tax status?

Retiring in comfort. Your client is concerned about running out of money during his/her lifetime, but has always been charitable. Recommend establishing a life income gift (such as a charitable remainder trust) at the Scioto Foundation that pays income potentially for life. Upon your client's death, the gift can be distributed by the Scioto Foundation in accordance with his/her charitable interests.

Establishing a private foundation. Your client is thinking about establishing a private foundation, but is looking for a simpler, more cost efficient alternative. The Scioto Foundation can help you and your client analyze the pros and cons of creating a Donor Advised Fund, a supporting organization, or a private foundation.

Sale or disposition of highly appreciated stock. Your client has appreciated stock and wants to use a portion of the gains for charitable giving, but the identified charities are too small to accept direct stock gifts. Suggest establishing a fund at the Scioto Foundation with a gift of appreciated stock. Your client can even be involved in recommending uses for the gift, including the organizations and programs he/she cares about most.

Strategic Giving. Your client is passionate about helping meet a specific community need and wants to make a meaningful gift. You and your client can work with our grant making experts to understand community needs and programs and then direct gift dollars to make the greatest impact.