Financial Advisor Charitable Giving Strategy
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Create a charitable giving strategy for client with philanthropic goals.

Client details (placeholders):
- Annual giving goal: $[amount]
- Income: $[amount]
- Tax bracket: [%]
- Assets to give: [cash/appreciated securities/IRA]
- Giving style: [spontaneous/planned/legacy]
- Causes: [describe interests]

CHARITABLE GIVING STRATEGY

1. GIVING VEHICLES COMPARISON

   DIRECT CASH GIFTS
   - Simplest approach
   - Deductible up to 60% of AGI
   - Best for: [smaller gifts/immediate impact]

   APPRECIATED SECURITIES
   - Donate stock instead of cash
   - Avoid capital gains tax
   - Deduct full fair market value
   - Example: $10K stock with $2K basis
     Cash gift: pay $2K capital gains then give $8K net
     Stock gift: avoid capital gains, deduct $10K
   - Best for: [long-term appreciated positions]

   QUALIFIED CHARITABLE DISTRIBUTION (QCD)
   - From IRA directly to charity
   - Must be 70.5 or older
   - Up to $[limit — verify current] per year
   - Counts toward RMD
   - Not included in income — better than deduction
   - Best for: [IRA-heavy clients in RMD phase]

   DONOR ADVISED FUND (DAF)
   - Contribute now — grant later
   - Immediate deduction when contributed
   - Invest and grow tax-free
   - Grant to charities over time
   - Best for: [bunching deductions/planning gifts]

   CHARITABLE REMAINDER TRUST (CRT)
   - Give assets to trust
   - Receive income stream for life
   - Remainder to charity at death
   - Partial deduction now
   - Best for: [appreciated assets/income need]

2. BUNCHING STRATEGY
   If itemized deductions near standard deduction:
   - Give 2 years of donations in 1 year
   - Itemize that year — take standard next year
   - Donor Advised Fund ideal vehicle
   - Example: $15K x 2 years = $30K in one year

3. RECOMMENDED STRATEGY FOR THIS CLIENT
   Based on [assets/bracket/goals]:
   - Primary vehicle: [recommendation]
   - Appreciated securities: [if applicable]
   - QCD: [if applicable]
   - DAF: [if applicable]
   - Annual tax savings estimated: $[]

4. IMPACT MAXIMIZATION
   - Research charities: [Charity Navigator/GiveWell]
   - Matching gifts: [employer matching]
   - Volunteer time: [non-deductible but valuable]

Note: Charitable giving strategies have complex tax implications. Always verify with CPA. Deduction limits and rules change.

Source: https://promptzyo.com/prompt/financial-advisor-charitable-giving-strategy