On December 27, 2020, the U.S. Government enacted a second stimulus package in response to the COVID-19 pandemic. This new stimulus package extends many of the charitable giving provisions outlined in the original CARES ACT signed in March 2020.
Donor-advised funds (DAF) are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity.
Sr. Teresa Maya message to CCVI benefactors and friends. Summer of 2020.
Planned giving is also referred to as gift planning* or legacy giving. It enables philanthropic individuals to make larger gifts to charitable organizations than they could make from ordinary income.