Start thinking about year-end giving

As the leaves start to fall, philanthropy starts to rise, as families and businesses throughout New Jersey begin thinking about their year-end giving.

We are here to help as you think about the most beneficial ways to include philanthropy in your year-end planning. While gifts of cash and stock are most common this time of year, it’s also when philanthropy families get the most creative – from gifts of real estate to privately held stock.

Remember, for a charitable donation to count for the 2022 tax year, it must be received by December 31, 2022. That’s a Saturday this year, so we recommend initiating gifts a bit sooner – especially if they are gifts of stock, which can take longer to process.

We recommend that fundholders initiate year-end grants by Tuesday, December 20th.┬áIf this season’s giving is like last year’s, we will process more than 2,500 grants totaling more than $15 million.

We welcome the opportunity to help you navigate the busy giving season and would also be pleased to explore additional philanthropic opportunities in 2023. Please contact us at any time: (973) 267-5533.