Tax-Efficient Charitable Giving

Glenn will review some tax-efficient charitable giving strategies using donations of appreciated shares. He will highlight how RRIF withdrawals are fully taxable and how donors are looking for ways to pay less taxes.  Glenn will share his latest strategy for transferring shares to charities or a Donor Advised Fund (DAF) without taxes on the share gifts.  This allows the donor to withdraw funds from the RRIF without paying taxes, and then use a Donor Advised Fund (DAF) portfolio to make larger charitable gifts with greater impact.  The discussion focuses on coordinating these steps to maximize philanthropic impact while improving tax efficiency, leading to bigger, better gifts with smart tax planning.

Glenn Stewardson is an author, speaker, Certified Financial Planner (CFP®), and financial educator specializing in charitable and retirement tax planning. Over the past 30 years, he has helped entrepreneurs, professionals, and retirees develop tax-efficient strategies that redirect “social capital” toward philanthropic causes and joyful retirement goals. Glenn is the author of 3 books, including his latest, Your Joyful Retirement, which features many stories about donor gifts and their impact. Glenn currently serves as Chair of the Canadian Association of Gift Planners in Atlantic Canada. His work has helped inspire more than $23 million in charitable gifts across Nova Scotia over the past decade.