THOUGHTFUL GIVING FOR
STRONGER COMMUNITIES
AND BETTER LIVES
It has been an eventful summer at the East Tennessee Foundation, as we celebrated our 40th anniversary of making lives better and communities stronger for the people of East Tennessee on June 30! We remain busy helping donors achieve charitable goals and then making grants to meet the needs of the communities we serve.
As we enter the second half of the year, we understand that you may be busier than ever as you address real-time opportunities and gear up for fall transactions and year-end planning. As always, the East Tennessee Foundation is here to help as you build charitable plans for your clients.
Initial Public Offerings (IPOs) and charitable clients: Three scenarios for impact
Recent headlines about IPOs and other liquidity events are a reminder that sudden wealth creation can open the door to meaningful charitable planning. The East Tennessee Foundation is happy to share three scenarios where attorneys, CPAs, and financial advisors can help clients structure gifts to support their favorite causes while strategically addressing timing, taxes, and long-term community impact.
Backdrop required: Informing your work with charitable clients
Effective charitable planning requires more than just technical knowledge. Recent commentary from industry sources sheds light on the growing nonprofit sector, evolving charitable giving rules, and why philanthropy is increasingly connected to broader financial and estate planning conversations.
Business succession planning: Four questions and one word of caution
For many business owners, a succession event may be the largest liquidity event of a lifetime. We are sharing four questions you can ask your clients to help bring charitable planning into the conversation early. Plus, we offer a word of caution to help you avoid a common and potentially treacherous pitfall in business succession planning.
The East Tennessee Foundation team keeps an eye out for articles that may be interesting to attorneys, CPAs, and financial advisors who work with charitable clients. Check out our recommendations that are worth at least a quick skim to help you stay current on trends and developments.
Thank you, as always, for the opportunity to work together! We look forward to many conversations in the weeks and months ahead.
-The East Tennessee Foundation