Alt Investing Made Easy

In this episode of Alt Investing Made Easy, Sarah Florer and Roland Wiederaenders discuss the importance of charitable giving, particularly during the holiday season, with Julia Helgeson from the Joyful Child Foundation. Julia shares her journey into nonprofit work, the foundation's mission to protect children, and the various programs they offer. The conversation also covers the legal aspects of charitable contributions, the significance of 501(c)(3) status, and strategies for effective charitable giving, including tax benefits and diverse ways to contribute.

Three Key Takeaways for charitable giving to discuss with your tax advisor:
  1. You have a personal limit of 60% of your AGI, but can give without limitation through a business organization.
  2. Many charitable organizations can accept in-kind donations such as marketable securities.
  3. For people receiving mandatory retirement distributions certain amounts can be given to charitable organizations directly from retirement accounts. 
You can reach Julia Helgeson at:

jhelgeson@grablemartin.com

julia.helgeson@thejoyfulchild.org

www.thejoyfulchild.org

Credits and Contacts:
Sponsored by:
Real Advisers, Austin, Texas

Special thanks to:
Grable Martin PLLC 
Red Sun Creative, Austin, Texas

For more information: AltInvestingMadeEasy.com
Please contact us: info@AltIvestingMadeEasy.com
Roland Wiederanders: Roland@grablemartin.com 
Sarah Florer: sflorer@grablemartin.com

Disclaimer: “This production is for educational purposes only and is not intended as investment or legal advice.”

© 2024 AltInvestingMade Easy.com LLC All rights reserved

Takeaways
  • Charitable giving is a vital part of community support.
  • The Joyful Child Foundation focuses on child safety education.
  • Nonprofits benefit from diverse skills and talents of volunteers.
  • Understanding 501(c)(3) status is crucial for nonprofits.
  • Tax-exempt status allows for greater donor contributions.
  • In-kind donations can provide significant tax advantages.
  • Charitable contributions can be made through business entities.
  • Planning giving options can diversify donor contributions.
  • Qualified Charitable Distributions (QCDs) can reduce taxable income.
  • Engaging with nonprofits can be rewarding for both parties.
Chapters
00:00 Introduction to Charitable Giving and the Joyful Child Foundation
04:21 Julia's Journey to Nonprofit Work
06:49 Programs and Initiatives of the Joyful Child Foundation
09:02 Engaging with Nonprofits: Time, Talent, and Treasure
11:20 Understanding 501(c)(3) and Charitable Giving
14:04 Legal Aspects of Charitable Contributions
16:24 Diverse Ways to Contribute to Nonprofits
19:40 Tax Strategies for Charitable Giving

Creators and Guests

Host
Roland Wiederaenders
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate securities attorney with expertise in private investment funds, corporate/securities issues, mergers and acquisitions, partnership structuring, and federal income tax matters. Roland is also a member of Grable Martin PLLC.
Host
Sarah Florer
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate attorney with expertise in corporate finance and securities, structuring and restructuring, and commercial matters. Sarah is also a member of Grable Martin PLLC.
Producer
Anthony Carrano
Co-founder of the Alt Investing Made Easy podcast, fractional Chief Marketing Officer, entrepreneur, and Managing Partner at Dunamis Marketing.

What is Alt Investing Made Easy?

Join attorneys Sarah Florer and Roland Roland Wiederaenders as they navigate through the maze of market jargon and reveal the secrets of diversifying your portfolio. Whether you're a seasoned investor or taking your first step toward financial freedom, we empower you with the knowledge and insights you need to thrive in the dynamic landscape of alternative assets. Get ready to transform how you invest, inspiring a new way of thinking about your finances, and discover how to make your money work harder. Dive in with us, and let's make investing in alternative assets easy, giving you the confidence to navigate the financial landscape, one episode at a time.