Item description for Invest in Charity: A Donor's Guide to Charitable Giving by Ron Jordan & Katelyn L. Quynn...
A Complete Guide to Personal Philanthropy Are you one of the newly wealthy with an interest in "giving back" . . . an heir to money you'd like to share with a favorite cause . . . or simply someone who would like to do good in your community? There are more opportunities than ever for people of every financial station to make a difference through charitable giving. But how do you choose among the many options available, and how do you know which type of gift is best for you? Invest in Charity: A Donor's Guide to Charitable Giving will teach you everything you need to know to devise and follow an effective charitable giving plan. It explains how to find the right charity; understand the tax, estate, and financial considerations; and select a gift-whether it's a one-time cash gift or a lifelong annuity. Covering everything from researching the legitimacy of a nonprofit organization to navigating the tax and estate laws that apply to you, this guide will help you make your bequest with complete confidence that it's right for your charity and for you.
Citations And Professional Reviews Invest in Charity: A Donor's Guide to Charitable Giving by Ron Jordan & Katelyn L. Quynn has been reviewed by professional book reviewers and journalists at the following establishments -
Reference and Research Bk News - 11/01/2001 page 138
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Est. Packaging Dimensions: Length: 10.26" Width: 7.3" Height: 0.88" Weight: 1.55 lbs.
Release Date Jul 10, 2001
ISBN 0471414395 ISBN13 9780471414391
Availability 0 units.
More About Ron Jordan & Katelyn L. Quynn
RON JORDAN is Director of New Mexico State University s planned giving program. He has been a member of the bar since 1975 and is a graduate of the New England School of Law. As an assistant professor at the university, he teaches courses on financial planning and consumer economics. Previously, he taught courses in federal income taxation and estate planning. Jordan is the former Director of Planned Giving at Boston University. He also consults with nonprofit organizations.
KATELYN L. QUYNN is Director of Massachusetts General Hospital s planned and major gift program. She was named Planned Giving Professional of the Year in 1996 and is a past board member of the National Committee on Planned Giving. She graduated from Tufts University and Boston University School of Law.
Reviews - What do customers think about Invest in Charity: A Donor's Guide to Charitable Giving?
A helpful guide for new major gift donors Mar 26, 2003
Investing in Charity: A Donor's Guide to Charitable Giving By Ron Jordan and Katelyn L. Quynn John Wiley and Sons, Inc. 2001
Reviewed by Norman Olshansky: President NFP Consulting Resources, Inc. Sarasota, Florida
If you are looking for a resource that explains the various methods of charitable giving and can be used to help donors (or beginning development professionals) determine which is the best approach or instrument for their personal use, "Investing in Charity" can be a most helpful addition to your library.
The authors promote the book by claiming it is written for modest as well as wealthy donors. Personally, I believe this book can best be used to help donors who are considering "major" gifts or who plan to make a large number of significant gifts. The book can help them determine how to maximize the impact of their giving for their favorite charities and themselves. Even though the introductory chapters on donor motivation, selecting a charity and how charities function are too simplistic for a major donor, the rest of the book can be very valuable as it relates to the various methods of giving.
I especially liked the way the authors go into detail on planned gifts, trusts, and annuities. They give excellent explanations of the variety, benefits and liabilities of each method, from the perspective of the charity and the donor. The sections on tax implications are also presented in clear and helpful terms.
Equally helpful, are their chapters on Private Foundations, Supporting Organizations and Donor-Advised Philanthropic Funds.
Planned giving, estate planning, trusts, gifts of closely held stock, gifts of non cash assets, insurance, etc. can be complicated and overwhelming. Helping a potential donor understand how they work and the benefits of these instruments could turn, what would have been a 5 figure gift, into a 6 or 7 figure gift.
Each chapter ends with a helpful checklist and series of questions which can help direct the donor to the sources contained therein. In addition, examples are given of specific language which can be used for those who want to deed property or make testamentary gifts. Helpful information is also given on the use of charitable giving as a tool to enhance retirement planning.
An extensive index at the end, adds to the usefulness of the book as a resource guide.
This book will get good use in my library. I give it 4 stars.
Accurate, But Dull and Incomplete Oct 3, 2001
This book does enable donors to learn and accurately negotiate the technical details of sophisticated charitable giving, but it stops short of really guiding or "empowering" them. For one, it fails to celebrate and build upon the motivating excitement of why donors give and how the nonprofit sector is so vital and inspiring. Example: The words policy or advocacy are never mentioned as charitable options or types of programs. It's a dull read: donors must practice "due diligence." The message: giving money away is such hard, complicated, serious boring work you will wonder what happened to the joy of giving and the joy of charitable results. Second, the authors inexplainably ignore the option of using community foundations. Third, much valuable information is omitted: There isn't any mention of the many services of the Council of Foundations or similar helpful organizations. Are 501(c)(4) organizations eligible for gifts? We're not told. In the whole text I could find only two web sites mentioned! Nor does the book offer any referral section or recommended reading. Venture philanthropy - no mention! Fourth, instructing donors they "must" visit the charity's site, meet its executive team, AND examine all its core literature before deciding to give is extreme. Ugh.