McGuireWoods LLP | USA | 15 May 2023
Despite uncertain conditions, a recent survey shows that approximately three out of four donors maintained their level of charitable giving in 2022…
McGuireWoods LLP | USA | 10 Nov 2022
As the end of 2022 approaches, many individuals, families and businesses consider making donations to their favorite charities. In light of recent…
McGuireWoods LLP | USA | 17 Aug 2021
As charitable organizations continue to navigate fundraising strategies during a pandemic, lawmakers consider proposals that, if enacted, would have…
McGuireWoods LLP | USA | 11 Feb 2021
As the pandemic continues to hinder nonprofits’ ability to fundraise effectively and connect with supportive donors, a charitable lead annuity trust…
McGuireWoods LLP | USA | 8 Jul 2020
Bequests and other deferred gifts are a bedrock of any successful planned giving program. The deferred nature of these types of gifts, however, can…
McGuireWoods LLP | USA | 31 Mar 2020
Charitable organizations, like many for-profit businesses, are facing significant hardships due to the COVID-19 pandemic. Recognizing that…
McGuireWoods LLP | USA | 18 Jul 2019
When donors place restrictions on the ability of 501(c)(3) organizations to use funds, directors must exercise care to meet their duties and…
McGuireWoods LLP | USA | 17 Dec 2018
As donors and their advisors rush to close year-end charitable gifts, it is easy to overlook the very precise requirements for income tax…
McGuireWoods LLP | USA | 14 Aug 2018
Donor advised funds (DAFs) are among the most-discussed vehicles in the charity world today. Proponents see DAFs as useful alternatives to private…
McGuireWoods LLP | USA | 30 May 2018
Public Law No. 115-97, enacted Dec. 22, 2017, and informally known as the 2017 Tax Cuts and Jobs Act (the “2017 Tax Act”), contains several provisions…