How Should You Give to Charity?

November 25, 2019
Decisions about what you do with your financial assets are just as important as the decisions you make while you're accumulating them. Most of us want to help others, but is there a smarter way to give to charity?

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After you listen

  • If you'd like to learn more about donor-advised funds and other types of giving, check out SchwabCharitable.org—where you'll also find information on donating complex assets, identifying impactful charities to meet your giving goals, and asking important questions to align your giving vehicles.
  • If you'd like to learn more about donor-advised funds and other types of giving, check out SchwabCharitable.org—where you'll also find information on donating complex assets, identifying impactful charities to meet your giving goals, and asking important questions to align your giving vehicles.

Throughout the holiday season, you might encounter dozens of appeals for charity. If you decide to give, or if you donate throughout the year, how can you maximize the impact of your gift? In this episode, Mark talks with Kim Laughton, president of Schwab Charitable, a nonprofit organization established with the support of Charles Schwab & Co. to make charitable giving simpler and more tax-efficient.

They discuss direct cash gifts, donor-advised funds, private foundations, and other ways of giving—and which types of investors can benefit from each approach.

You can learn more about the science behind why helping others makes us feel good on the "Happiness" episode of Choiceology with Katy Milkman.

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