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TAX SAVVY GIVING Serving: Monterey Bay to Silicon Valley

Tax-Savvy Giving with Donor-Advised Funds • Service is clean and efficient and contains no harmful chemicals
• Most jobs are completed in just one day
• Significant savings over traditional sanding methods.
BY DAN BALDWIN, PRESIDENT/CEO COMMUNITY FOUNDATION FOR MONTEREY COUNTY • Refinishing Hardwood, Softwood, Engineered, Tile, Stone & More!

or individuals and families
looking to make a meaningful
Fimpact through philanthropy,
donor-advised funds (DAFs) offer
a simple, flexible, and tax-efficient
way to support the causes you care
about. Donors make a gift to establish
their fund, receive an immediate tax
deduction, and recommend grants to
nonprofits over time, making it easier
to align giving with your financial and Details and more amazing photos online at www.MrSandless.com
philanthropic goals. Jim Griffith - Owner / Operator
Contributions to a DAF are tax- 831-747-7476
deductible in the year they are made. GMB@MrSandless.com
Additional benefits include:
1. Avoiding Capital Gains Taxes:
Donating appreciated assets such
as stocks or real estate allows you
to avoid capital gains taxes while • Simplified Giving: A single DAF “We love passing on our values of SAVE THE DATE
deducting the full market value of can support multiple nonprofits, giving to the next two generations.
the asset. eliminating the need to manage The Community Foundation is a Resource Conservation
2. Bundling Contributions: separate donations. terrific partner in our philanthropy,”
You can “bundle” several years • Expertise: The CFMC has deep – John and Ann Mahoney District of Monterey
of charitable giving into one local knowledge and can research Donor-advised funds at the
contribution, maximizing and share giving options CFMC can be created with gifts of County Invites You
deductions in high-income years • Involving your Family: You can $5,000 or more, which can simplify
and simplifying tax planning. include the next generation in your your giving so you can focus
3. Growth: Funds are invested, • Leaving a Legacy: You can on creating meaningful change. 2025 Monterey County
allowing your contributions to grow establish a permanent endowment Whether you’re donating stocks, Stewardship Benefit BBQ
over time, potentially increasing to support your favorite causes contributing cash, or planning
your philanthropic impact. after your lifetime. a legacy gift, the Community
Foundation provides many Join us!
The Community Foundation for John and Ann Mahoney utilize their pathways to impactful and tax-savvy Monterey Room at the Monterey Fairgrounds
Monterey County (CFMC) is a trusted DAF at the Foundation to involve philanthropy. You can take the 2004 Fairground Road, Monterey CA
partner in philanthropy, offering multiple generations in philanthropy. next step in your giving journey by Thursday, April 3rd, 2025
expertise and resources to help Their children are successor advisors, exploring these options and turning 5:00pm-7:30pm 9600 Blue Larkspur Lane,
you achieve your charitable goals. and each year, the grandchildren your generosity into a lasting impact. Suite 101
The CFMC provides personalized are allocated a specific amount to To RSVP please register online at
support in identifying local needs recommend a grant to the nonprofit of www.rcdmonterey.org/news/events 831-649-1506
and vetting nonprofits, ensuring your their choice. They each present to the
contributions make an important family at a holiday gathering why they
difference. Benefits include: chose the specific organizations.

Tax Preparation and Planning | Accounting and Payroll
Estates and Trusts | Family Offices | Business Valuation

48 March 2025 Greet HWY 68 Loop 49