Charitable giving is a meaningful way to support the organizations and communities that reflect your values. Whether you’re drawn to helping local nonprofits, funding educational initiatives, or supporting national causes, thoughtful planning can help your generosity create deeper impact while aligning with your broader financial goals. By incorporating charitable strategies into your financial plan, you can support meaningful work today, while strengthening your long‒term financial outlook.



Donate appreciated assets for greater tax efficiency. If you hold stocks or other investments that have increased in value, donating them directly to a qualified charity may offer significant advantages. When you gift appreciated assets, you may be able to avoid the capital gains taxes that would apply if you sold the investment yourself. The charity benefits by receiving the full market value of the asset, and if you itemize, you may be eligible to claim a charitable deduction within IRS limits. Before taking this step, be sure your preferred organization can accept non‒cash contributions. This strategy allows you to maximize the value of your gift while keeping your financial plan working efficiently.



Explore charitable trusts and donor‒advised funds. For individuals looking to integrate charitable giving into more comprehensive financial or estate planning, charitable trusts can serve as valuable tools. A Charitable Lead Trust provides income to a designated charity for a defined period, after which remaining assets pass to your beneficiaries. A Charitable Remainder Trust offers the inverse structure, providing income to you or a loved one first, with the remainder going to charity. Each option may offer tax and planning advantages, but guidance from legal and tax professionals is essential to ensure the structure aligns with your goals.

If you prefer a simpler, more flexible approach, a donor‒advised fund may be worth considering. This type of fund allows you to make a significant contribution upfront — potentially receiving an immediate tax deduction — while recommending grants to charities over time. It offers flexibility, administrative ease, and the ability to give thoughtfully at your own pace.



Leverage workplace giving programs. Some employers make charitable giving easier by offering payroll‒deduction programs that allow you to support your favorite causes throughout the year. Many companies also offer donation‒matching programs, which can increase the value of your gift at no additional cost to you. If your employer provides these benefits, review which charities qualify for matching funds. Workplace giving allows you to incorporate philanthropy into your routine and amplify the impact of your contributions.



Make Charitable IRA distributions. If you are age 70½ or older, a Qualified Charitable Distribution (QCD) from your IRA may provide a tax‒efficient way to meet your philanthropic goals. A QCD allows you to transfer up to $111,000 in 2026 directly to a qualified charity without treating the distribution as taxable income.1 This approach can also help you meet required minimum distributions when that time comes. If you’re approaching the age for mandatory withdrawals, incorporating charitable giving into your retirement strategy may offer both planning and tax benefits. For more details about required minimum distribution rules, visit IRS.gov.



Charitable giving is most impactful when it reflects your personal values and aligns with a thoughtful financial strategy. As you consider the best ways to support the causes you care about, a financial adviser and tax professional can help identify approaches that meet both your philanthropic and financial objectives. With the right planning, your generosity can create meaningful change today while supporting your long‒term financial well‒being.

1 – Tax inflation adjustments and retirement limits for 2026; Ameriprise Financial. “https://www.ameriprise.com/financial-goals-priorities/taxes/retirement-limits-tax-brackets” \l “5” \hhttps://www.ameriprise.com/financial-goals-priorities/taxes/retirement-limits-tax-brackets#5

Trisha Schaar, CRPC, CLTC, APMA, is a financial adviser with Echelon Wealth Partners, a private wealth advisory practice of Ameriprise Financial Services, LLC in Marshall, MN. She specializes in fee-based financial planning and asset management strategies and has been in practice for 8 years. To contact her, ameripriseadvisors.com/trisha.m.schaar, (507) 532-2210, 100 West College Drive, Suite 103, Marshall, MN