Whether you’re looking to increase your tax deductions or need assistance developing a charitable endeavor, our trained financial specialists are committed to exceeding your expectations. At Geier Asset Management, our Marriottsville area advisors have extensive experience assisting clients with charitable giving plans.
As a donor, you have a lot of giving options. We’ll help you focus your charitable donations to maximize your impact and satisfaction, while also maximizing your tax deductions.
One of our financial advisors will help you determine the appropriate donation amount and strategy, given your income and donation goals. Some of your donation options include:
There are many benefits to investing through a donor advised fund (DAF), including:
If you’re trying to start your own charitable foundation, our Marriottsville area financial advisors can help you determine which type of foundation is right for your goals. Types of charitable foundations include:
A charitable remainder trust is a tax-exempt irrevocable trust designed to reduce your taxable income in two steps:
Similar to a charitable remainder trust, a pooled income fund provides income to the fund’s beneficiaries (based on a prorated share of the fund’s income earned) before distributing the remaining fund assets to designated charities. These funds are usually run by nonprofit organizations.
This donation strategy allows you to donate many different types of assets to a nonprofit organization in exchange for a stream of income from that nonprofit.
This is an irrevocable trust that works like a charitable remainder trust in reverse:
As our valued client, our goal is help you create a smart, charitable giving strategy. We’ll help you sort through your options to stretch your earnings and maximize your impact. If you’re located in Marriottsville, call us today to set up a consultation.