How to Maximize the Impact of Charitable Giving

(StatePoint) Charitable giving and helping communities provide many of us with a sense of purpose and joy. However, giving back looks different for everyone. No matter your charitable giving goals, thoughtful planning can help tailor your strategy to best help your chosen charity and your own finances.

“Like any financial strategy, charitable giving can offer personal monetary benefits, such as potentially lowering your taxes, but you need to be strategic and plan your gifts if you want to maximize your impact with a charity as well as for yourself,” says Beth Stentz, who has served for 15 years as a financial advisor with Edward Jones, a full service financial services firm.

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