New addition enhances tax-efficient giving strategies for high-net-worth clients while augmenting traditional donor-advised funds.
BOULDER, CO, February 19, 2025 – Give, a TIFIN company offering modern philanthropic planning for wealth enterprises, now offers single-charity funds within its flagship platform. Donors can now seamlessly access their donor-advised fund and single-charity fund in a single view, using each vehicle as needed. This capability is designed to help financial advisors enhance their clients’ tax-efficient charitable giving by adding a new strategy for those high-net-worth individuals who have reached the age where required minimum distributions (RMDs) from an IRA kick in.
“This capability was developed to address a common challenge we have heard from advisors – helping high-net-worth clients manage required minimum distributions while optimizing tax-efficient charitable giving,” said Blake Rohde, Chief Experience Officer at Give. “By integrating Single-Charity Funds into Give’s donor-advised fund platform, we provide advisors with a streamlined solution that simplifies strategic philanthropy, strengthens client relationships, and aligns retirement and giving goals within a comprehensive wealth management strategy.”
Clients with Individual Retirement Accounts (IRAs) must begin taking RMDs at age 73. These distributions may increase taxable income, potentially pushing individuals into a higher tax bracket and limiting the availability of deductions. Qualified Charitable Distributions (QCDs) offer a way to mitigate these tax implications by allowing IRA holders to transfer up to $108,000 annually to charity, satisfying RMD requirements while avoiding additional taxable income. However, QCDs cannot be directed to donor-advised funds, private foundations, or supporting organizations, limiting their use within structured giving vehicles.
Single-Charity Funds provide an alternative by allowing contributions to be earmarked for a specific nonprofit organization while retaining the investment flexibility available within a donor-advised fund (DAF). This enables clients to meet charitable commitments, optimize tax strategies, and maximize the potential impact of their contributions.
“Single-charity funds are a critical component of philanthropic planning, particularly for our high-net-worth clients. By integrating single-charity funds into the BlueGive experience, we can more effectively and comprehensively support our clients’ charitable and financial goals,” shares Joni White, Philanthropic Trust Administrator at Blue Trust. “Integrating these charitable vehicles into a single portal view elevates their charitable giving, making it more intentional and impactful.”
For advisors looking to differentiate their services and move upmarket, integrating thoughtful philanthropic solutions is a critical part of wealth planning. With $18 trillion estimated to be directed to charity as part of the Great Wealth Transfer, many financial advisors are overlooking opportunities to guide clients through strategic giving strategies.
Single-Charity Funds complement Give’s existing donor-advised fund platform, providing financial advisors with a more comprehensive set of tools for structuring philanthropic giving. Whether clients seek broad-based charitable flexibility through a traditional DAF or a dedicated, long-term commitment to a specific nonprofit, Give now offers solutions for both approaches.
Firms and advisors can learn more by visiting TIFINGive.com.
About Give, a TIFIN Company
Give is a digital platform designed to make philanthropy simple, accessible, and impactful. Its donor-advised fund solution empowers institutions, advisors, and families to maximize their charitable giving. Recently, TIFIN Give launched public campaign functionality to empower donors to drive collaborative impact. The tool has been used to raise funds for the L.A. wildfires, Hurricanes Helene and Milton, and a variety of additional causes.
TIFIN, the parent company of Give, builds platforms and applications for financial services that apply data science, AI, and technology for financial prosperity. TIFIN’s companies include TIFIN Magnifi, TIFIN Sage, TIFIN @Work, TIFIN AMP, TIFIN AG, TIFIN Wealth, Helix, and Give. TIFIN has been backed by JP Morgan, Morningstar, Hamilton Lane, Franklin Templeton, SEI, Motive Partners, and Broadridge among others.
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