A Season for Giving?
This week we discuss all aspects of giving, including why some individuals give and others don’t; where to give; what to give; estate planning; potential financial benefits, including tax deductions; and whether it’s better to give while you’re still living.
The panelists will highlight where the greatest needs exist and the challenges donors face with so many organizations asking for money. They’ll also discuss the potential for fraud and how donors can avoid charitable scams.
Plus we will review a recent report that indicates an unprecedented transfer of wealth between generations during the next 10 years inCentral New York. No one knows what will happen to those funds; but even if a small percentage is donated to charities, the benefits to our community would be substantial.
2 Comments to “A Season for Giving?”
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AARON BENEZRA says:
$22B CNY ASSET TURNOVER IN C.N.Y. DURING NEXT TEN YEARS….
Even in the context of liability turnover during the next ten years, CNY should be inspired by to charity by that $22B projection, and it would be wonderful to see long range planning coordinated in such a way over the next ten years, so as to revivify CNY including coping decisively with such issues as urban blight, medical outreach, homelessness, hunger, domestic abuse, public safety, crime, and the paralyzing constraint to the community of inadequate public transportation.
One useful strategy may be to encourage urban development in the five-county area by establishing a moratorium and rollback on rural taxation to prevent “sprawl-urbia”. Additional incentives to the family farmer, so that he may pass on his farming heritage to future generations, would add sustainable value and jobs and would maintain home grown food and natural resources to the economic base and to the quality of life here in CNY. Urban incentives to encourage the development of a broad range of quality housing for everyone from singles to large families and seniors of varying financial strata, as well as small business incentives to once again see neighborhood storefronts, restaurants, cafes, and childcare centers, could make Syracuse and the five-county area a choice place to choose to live for generations to come.
INCREASING INCOME ??
The question was raised, is there not an overall increase in income in CNY.
Against a backdrop of higher taxes, dollar devaluation, and increased costs, ought we not ask with respect to the adjusted real value of income, is there an increase or a decrease?
And ought we not ask the same question with regard to charitable giving?