Give With Purpose This Holiday Season

In the season of giving, I’m reminded of one of the most inspiring parts of our work: seeing the genuine care and compassion clients bring to the causes they support. Charitable intention is not just about numbers; it’s about values, purpose, and making a meaningful impact. What surprises many is that thoughtful giving can also support your own financial well-being.

As a Certified B Corporation, Entrust Financial understands. We are committed to using our business as a means for good. We proudly support organizations that strengthen our community, including the Sustainable Business Network of Philadelphia (SBN) and YEA! Philadelphia (Young Entrepreneurs Academy). Both of these worthy organizations promote economic empowerment in the region, including specific programming for youth.

How can charitable contributions also support your financial well-being? Let’s take a look:

Giving Can Improve Your Financial Health

Charitable gifts made before December 31 may reduce your taxable income for the year and thus lower your tax liability. For instance, you might consider donating appreciated assets like stocks or ETFs, which can help you avoid annual capital gains taxes and also potentially provide you with a tax deduction for the gift.

Donor-Advised Funds Offer Strategic Benefits

A Donor-Advised Fund permits you to make a charitable contribution now, receive an immediate tax deduction, and then recommend grants to charities over time. This is especially useful if you want a year-end deduction but haven’t yet finalized your giving priorities.

Give with Intention and Enjoy the Season

Charitable giving is a meaningful way to reflect your values by empowering connection, community, and gratitude while also advancing your financial goals. At Entrust Financial, our commitment to community organizations reflects our belief that giving back generates far-reaching effects, uplifting both individuals and communities.

If you would like to make charitable giving a more intentional part of your planning, we would be happy to help you explore strategies that may be most effective for you. Please feel free to reach out to me at josephm@entrustfinancial.com, to start a conversation.