Noteworthy

Now Is the Time to Turn Bonds into Charitable Gift Income

Very likely your investment portfolio includes bonds as well as equities. Like other bond investors, your objectives in purchasing them were to reduce volatility, preserve your capital, and have interest income higher than you could get from cash investments. Another benefit that many bondholders have realized during the prolonged period of low-interest rates has been appreciation of market value.

Bank Deposits You Did Not Make

Philanthropy can generate financial and social rewards. However, the philanthropist makes deposits in the life bank of others not so much to receive future rewards but in recognition of what has already been received.