Charitable Giving for a Modern World

EPISODE · Mar 20, 2024 · 29 MIN

Charitable Giving for a Modern World

from If Money Were Easy · host Mary Beth Storjohann and Neela Hummel

Generosity isn't just about the dollars—it's the intention, impact, and legacy we build. In this episode, we're exploring what's at the heart of charitable giving. Mary Beth and Neela discuss the transformative power of donor-advised funds, and share their personal journeys of turning philanthropy into a family affair. They also untangle how to choose causes that align with values while making sure your financial house is in order first. No matter where you're starting, there's a path for you to make a difference. Listen in to hear about some of the ways you can expand what's possible with your charitable giving and philanthropy.  For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page. What You'll Learn in this Episode: Different ways to give besides just donating money to charities Considerations to explore when determining the causes and charities you want to participate in A financial planner's perspective when it comes to giving Mary Beth and Neela discuss how they each handle charitable giving in their families Questions to ask yourself when thinking about the impact you want to have through charitable giving Other ways to contribute besides financially The importance of putting on your own oxygen mask first How to measure the impact you have within a charitable organization How to tailor your charitable giving based on your life stage Incorporating charitable giving into your estate plan The positive impacts generosity has on mental, emotional and physical health How to vet an organization Tips for selecting a charity and other ways to allocate funds to charities Resources Mentioned on the Show: Subscribe to the Abacus Newsletter How We Gave Away $100,000 by Mary Beth Storjohann How to Use a Donor Advised Fund to Give to Charity How to Make the Most of Your Charitable Donations Charitable giving and creating an impact at Abacus' Resource Generation Charity Navigator Stay Connected: Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn Connect with Mary Beth on Twitter, Instagram, and on LinkedIn Connect with Neela on Twitter, Instagram, and on LinkedIn

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Charitable Giving for a Modern World

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