Tax Smart

New tax laws mean you should think differently about your charitable giving. Our Tax Smart Giving Guide will help you navigate giving in the way that is best for you. The guide covers changes like:

  • Understanding how the CARES act impacts your giving.
  • The new tax law dramatically increases standard deductions. This may mean that you will no longer deduct your charitable donations.
  • Gifting appreciated assets, like stocks or mutual funds that have increased in value, could be more tax efficient than writing checks for donations.
  • Retirees may find that gifting their Required Minimum Distributions directly to HP Pres will save more taxes than taking the distributions and giving cash.
  • Creating a Donor Advised Fund to hold and disburse donated cash and assets could be a tax-wise way to manage your future giving.

Click to Download the Tax Smart Giving Guide

Click to Download the CARES Act Giving Guide


Ask Andy

Andy Raub
Director of Generosity