Saturday, July 25, 2009

More Wealthy Americans Donating Through Foundations

BETF Directors Tayo Ibikunle and John Eckenrode are leading an effort to increase the flow of donations from high net-worth individuals into our SITES Endowment Fund. We were intriqued by an article written by Bradenton Herald's Grace Gagliano about the charitable giving of wealthy Americans. Here is an excerpt:

The charitable giving of wealthy Americans like Warren Buffett and Bill Gates has called attention to philanthropy as a way to give back to the community while you are still living. Instead of leaving behind large estates that are taxed heavily before distributed, the wealthy can give through charitable organizations and protect their portfolios from government taxes.

Read full text.

What would it take for you to give back to BDPA through our SITES Endowment Fund?

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