Money Matters Episode 97- What Every Nonprofit Should Know About Donor Advised Funds W/ Jeff Gerold

"Its not how much we give but how much love we put into giving."-- Mother Teresa

DEFINITION of 'Charitable Donation'

A gift made by an individual or an organization to a nonprofit organization, charity or private foundation. Charitable donations are commonly in the form of cash, but can also take the form of real estate, motor vehicles, appreciated securities, clothing and other assets or services.

We were joined today by Jeff Gerold who is a Vice President and Charitable Planning Consultant with Fidelity Charitable.

Jeff Geroldis a vice president and charitable planning consultant for Fidelity Charitable^®, an independent public charity with a donor-advised fund program.

In his current role, Mr. Gerold is a resource on charitable planning for advisors and their clients in Texas, Oklahoma, Arkansas and Louisiana. He helps advisors understand and stay abreast of charitable planning strategies and ways to incorporate charitable giving into overall financial and wealth management plans.

Prior to joining Fidelity Charitable in 2007, Mr. Gerold spent three years at Fidelity Investments Life Insurance Company. He began his career at Fidelity Investments in 1998.

Mr. Gerold is a graduate of the University of North Texas and a Certified Financial Planner^® (CFP). He has participated in charity events sponsored by A Little Helping Hand, a nonprofit organization working to better children’s lives.

About Fidelity Charitable

Fidelity Charitable is an independent public charity that has helped donors support more than 190,000 nonprofit organizations with nearly $19 billion in grants. Established in 1991, Fidelity Charitable launched the first national donor-advised fund program. The mission of the organization is to further the American tradition of philanthropy by providing programs that make charitable giving simple and effective. For more information about Fidelity Charitable, visit http://www.fidelitycharitable.org.

 

Personal Finance Cheat Sheet Article:

http://www.cheatsheet.com/personal-finance/how-schools-can-improve-their-personal-finance-education.html/

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

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