Transformation Through Virtous Philanthropy

Mission: To inspire generations to abundantly fulfill their wealth legacy.

Monday, December 5, 2011

Ask Margaret

Q: What, in your opinion and experience, is the most compelling reason that women donate their money?
-- Shannon, West Palm Beach

A: There are typically three reasons that compel women to give:
1. Tax benefits -- IRS charitable deductions as permitted on Form 1040.
2. Participation in a program sponsored by the organization; volunteered time and talent to the organization; or a connection to an organization through a friend or family member.
3. A personal experience or a family member's experience with services from the organization; or a strong affinity with the cause or mission.

Do you have a question about women and philanthropy, wealth management or planned giving? E-mail Margaret at mm@margaret-may.com. Your question might be featured in an upcoming blog and e-newsletter.

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