Bundling Charitable Gifts
One of the biggest changes resulting from the 2017 tax reform was an increase in the standard federal tax deduction to $12,000 for individuals and $24,000 for married couples filing jointly. These new minimums have contributed to the growing popularity of “bundling” your charitable gifts.
Learn more about this giving strategy by watching this explainer video: https://www.youtube.com/watch?v=cu1SHsb9g2g
InFaith Community Foundation is a public charity that services individuals, organizations and the community through charitable planning, donor advised funds and endowments. InFaith works collaboratively with Thrivent and its financial professionals. For more disclosures, see Thrivent.com/social.
One of the most talked about changes of the 2017 tax reform was an increase in the standard federal tax deduction to $12,000 for individuals and $24,000 for...