Planned Giving Insights | Alison O'Carroll

Dos and Don’ts with 1099-Rs

Published by Alison O'Carroll on January 20, 2015

It’s tax season, and there are some dos and don’ts you should be aware of as you prepare your donors’ 1099-Rs. DO mail a 1099-R to your gift annuitants so it is received by them on or before Monday, February 2, 2015 (January 31 is usually the deadline but we get a few more days because it’s a Saturday this year).

1099-R

1 minute read

IRA Charitable Rollover Extension: What You (and Your Donors) Need to Know Now

Published by Alison O'Carroll on January 4, 2013

By now you are aware that the IRA Charitable Rollover has been extended through the end of 2013.

ATRA 2013 and planned giving, impact of tax changes on charitable giving, IRA Charitable Rollover

2 minute read

Responding to a Bequest Notification

Published by Alison O'Carroll on October 30, 2012

How you respond to a family member’s or advisor’s notice informing you about an estate gift indicates to them the importance your nonprofit attaches to such gifts and their overall management. Respond promptly and provide any requested information. Take advantage of this opportunity to tell advisors of the services your nonprofit can provide to future clients, such as providing sample bequest language and preparing illustrations for life income gifts.

bequest administration, bequest marketing, bequest tracking

1 minute read

Change in Disclosure Requirements for Names of Split-Interest Trusts

Published by Alison O'Carroll on January 17, 2012

APrice Waterhouse Coopers alert reports that organizations filing Schedule R, Related Organizations and Unrelated Partnerships, will no longer have to disclose the names of split-interest trusts in Part IV of that schedule. Schedule R is part of a charity’s annual tax filing, IRS Form 990 - Return of Organization Exempt From Income Tax.

disclosure requirements, split-interest trusts, charitable trusts

1 minute read