Consider the following tips as you think about your charitable giving. Many of The Denver Foundation's generous donors have found these to be helpful. And remember... the staff of the Philanthropic Services Group is available at any time to assist you.
Budget for Giving
Plan your philanthropic activities right into your budget just as you would other financial obligations.
Be an Informed Giver
Don't be afraid to ask questions when you're asked to give, including the specific name of the solicitor and his or her relationship to the organization, how much of your gift will be used for overhead, the specific projects the money will go toward, and other important information. Give only when you feel comfortable that your dollars will be going to support an organization you know and believe in.
Keep the Right Records
For gifts you make to The Denver Foundation, you will receive a receipt as confirmation, and you should expect similar acknowledgements from all charities to which you contribute. If you have a donor-advised or other type of fund with us, we will maintain records for you of grants made from your fund to various charities. Please note that there is no additional tax deduction for grants made out of a donor-advised fund.
Ask About Matching Gifts
Many employers match gifts made by their employees or make grants to organizations recommended by employees. Be sure to ask your company if it can help your gift stretch even further.
Remember, Your Gift can be Confidential
Grants from Denver Foundation donor-advised funds can be made anonymously. If you prefer to have grants from your fund remain confidential, please let us know.
Consider Alternative Forms of Giving
Don't overlook the benefits you and your cause can receive from bequests, charitable gift annuities, gifts in kind, endowments and many other creative forms of giving. Ask your tax advisor or attorney to help create the best plan for you and your family. You can also call the Philanthropic Services Group staff for a no-cost consultation on various options.
In addition to giving financial support to your favorite charity, consider also giving your time and skills. Not only will you help the organization, but you'll also make contacts, hone your skills, and learn more about the charitable cause to which you're committing your time and money.
Don't Forget: You Have the Right to Say No
Give generously when you can, but if you're unsure or feel uncomfortable-or if an organization simply falls outside your plan for giving-don't be afraid to say no. Or, ask for more information and take more time to think before making your decision.
Be a Proactive Giver!
You don't have to wait to be asked. Plan a giving strategy in advance. Consult with our staff about how your gifts can be most effectively used and where you can make a real difference in the community.Questions? Call the Philanthropic Services Group at 303.300.1790.