By making your charitable contributions with long-term appreciated assets instead of cash, you will receive a charitable deduction for the full fair market value of the assets gifted. Even if you have a low basis in the assets, you will still receive a charitable...
Welcome to the Three60 Charity Chat
At Three60 Law Group, we have the privilege to work with a diverse group of clients who support countless charities around the Puget Sound. Whether adding a new charity to a will or establishing a charitable trust, we learn about some remarkable organizations through our work. Over the next several months, we plan to introduce you to just a few of these charitable organizations and provide a few tools you can use to maximize the benefit of your charitable giving.
If you would like to discuss integrating your charitable giving with your estate plan or how to maximize the tax benefits of lifetime charitable giving, please contact Three60 Law Group.
What is their goal/mission? In 2006, Redmond resident Helen Leuzzi saw a growing need to help unhoused women in her community--a need overwhelming the capabilities of local charitable organizations. This inspired her to create The Sophia Way. Since opening in...
When setting up planned gifts to charities, the primary source of those gifts should be your IRA or 401K. If an IRA or 401K is left to a charity, the charity will likely distribute the IRA to itself in the first year after your passing.
Northwest Harvest provides approximately two million meals a month. Two-thirds of the food they provide are fruits and veggies. Over 50% of the people they serve are either children or seniors. They also provide shelf-stable and ready-to-eat meals in King, Pierce, Yakima, and Spokane counties. In addition to donating to over 375 food banks, meal programs, and high-need schools, Northwest Harvest provides education for other food-based relief programs. During the COVID outbreak, Northwest Harvest has worked with the National Guard to provide over 500,000 emergency food boxes to those in need, while also serving over 1,500 people daily at their SODO Community Market, located in Seattle.