Call Us Today: (203) 853-6300

Charitable Giving

At Davenport & Associates, we believe in the power of giving back. We understand that you may have causes that hold a special place in your heart;, causes that you’re passionate about supporting. Our mission is to help you develop a charitable giving plan that not only aligns with your values but also makes a lasting impact on the causes you care about.

Realizing Your Values

For many individuals and families, charitable giving is a fundamental expression of their core values. It’s more than just donating; it’s about making a positive difference in the world. We help you identify charitable organizations that align with your interests and morals, whether they focus on culture, social change, or helping those in need.

Engaging the Next Generation

Charitable giving is a powerful tool for sparking meaningful conversations about values and financial literacy within your family. It allows you to instill the importance of generosity in your loved ones, setting an example that inspires the next generation.

Connecting With Your Community

Beyond monetary donations, there are various ways to give back to your community and make a difference.

The approach you take to charitable giving should be personalized to your unique financial situation and preferences. Our team at Davenport & Associates specializes in helping you assess the various options for giving and selecting the one that best suits your goals and circumstances.

Cash Donations

While cash is the most straightforward way to contribute, it may not always be the most tax-efficient choice. We’ll help you explore alternatives that can offer tax benefits while maximizing the impact of your generosity.

Appreciated Assets

Donating appreciated assets, such as real estate, stocks, or other valuable holdings, can be a smart strategy. This method not only allows you to reduce capital gains taxes but also enables you to magnify your giving’s reach and significance.

Qualified Charitable Distribution (QCD)

For those with retirement accounts, a Qualified Charitable Distribution strategy can be a highly effective means of charitable giving. This approach redirects Required Minimum Distributions (RMDs) from your retirement accounts to a charitable cause. In doing so, it not only supports your chosen charity but also reduces your taxable income.

Let us help you make a personal and lasting difference through charitable giving. Contact us today, and together, we’ll develop a plan that reflects your values and leaves a positive mark on the world.

Plan Your Retirement Charitable Strategy

Fill out the form below to request a meeting with us!

"*" indicates required fields

Plan Your Retirement Charitable Strategy

Fill out the form below to request a meeting with us!

"*" indicates required fields