What I’m not sure if we should admire Read for the size of his estate or feel sorry for him because he didn’t use his wealth during his lifetime for life goals.
During the holidays, opportunities for impulse-giving abound, so it’s best to plan ahead.
The rich are giving more but don’t always feel their donations are effective.
The founders of the wearable camera have refocused their lenses on giving back.
Thousands have taken the Ice Bucket Challenge. Many also have donated to the ALS Association. If you gave money, you might be able to claim a tax deduction.
For the rich and philanthropic, it can be a challenge to bypass potential family heirs.
Individual giving is on the rise and could explode in the next 50 years.
One billionaire philanthropist is leveraging celebrities to attract fan donations.
Before following a celebrity’s philanthropic passion, be sure to check the financials.
You can’t deduct the time you spend volunteering, but there are other tax benefits for serving.