Investing in Your Community: Charitable Giving & Impact

There are so many charities we can support out there but sometimes, it can feel overwhelming to choose which ones to donate our time, effort and money to. How can we pick the right organizations and give efficiently to ensure our resources are being used in the best way? This episode of Couchside Conversations is from Morton Wealth's 2023 Investor Symposium. Wealth Advisor Kevin Rex is joined by Jessi Bierling, Associate Director of James Storehouse and Stacy Swanson, Chief Development Officer of Interface Children & Family Services on the Modearn stage to discuss questions that may be top of mind for individuals that are charitably inclined and looking for guidance on how to make the most impact. Jessi and Stacy suggest attending charity events and conducting proper research using sites like Charity Navigator and GuideStar to know which organizations you’d like to donate resources to. Volunteering one’s effort, expertise and mentorship can have a profound impact on your community- help does not always have to come in a monetary form. Kevin, Jessi, and Stacy also recommend listeners to consider Donor-Advised Funds (DAFs) as a way to donate efficiently by contributing appreciated assets and planning multi-year donations. Donors retain advisory privileges over how DAF funds are distributed and contributions to a DAF are usually tax-deductible in the year they are made.Stay tuned for more Couchside Conversations episodes! We have topics coming up like…- Battle of the Spouses: Financial Edition- Parenting Tips for Financially Savvy Kids- Protecting Your Family Using Insurance- Gen X: Complexities of the “Sandwich Generation”