We appreciate so many local organizations reaching out to our team to better understand what may be in store for charitable giving under the new laws passed in the One Big Beautiful Bill Act. We are always happy to be a sounding board for new trends and developments in philanthropy, and we are happy to point you in the right direction. To that end, we are covering three topics that seem to hit home among so many of our nonprofit partners.
—By now, you are generally aware of the changes to the charitable tax laws under the One Big Beautiful Bill Act. How big of a deal are these changes, and how should you approach communicating these changes to your donors? The East Tennessee Foundation is happy to offer suggestions.
—Event season is just around the corner. This means you will likely see an uptick in questions from your donors about whether they can use their donor-advised funds to buy event tickets. We know this is a tricky issue, and we have you covered with a quick explanation.
-Giving by bequest is the most popular way to make a legacy gift. In fact, bequests make up 90% of all planned gifts. We are offering tips to help you make the most of your communications with your donors regarding this very important giving technique.
Thank you for the opportunity to work together! Whether your organization has established an endowment at the East Tennessee Foundation, or whether you are just considering it, thank you! We look forward to a conversation. Thank you for all you do for our community.
—Your East Tennessee Foundation Team