Summer 2022
Dear Advisors,

As we head into the final weeks of summer, thoughtful philanthropic planning is becoming even more important to your charitably minded clients in an economic climate fraught with inflation, stock market volatility, rising interest rates, concerns about a recession, and fears of a new global health crisis.

With those issues in mind, the articles in this newsletter are designed to equip you with conversation starters and charitable planning ideas to enrich your client relationships as you guide them through challenging times.

In this issue, we’re featuring important reminders about pending legislation and retirement planning. You'll also read about three practical strategies your clients can use to engage the next generation in their charitable giving. Finally, August is National Make a Will Month, so we've included key information you can use when talking with your clients about their estate plans.

Thank you for trusting Akron Community Foundation to help you stay current on trends in philanthropy, charitable planning techniques, and legislative changes that impact charitable giving. We look forward to helping you serve your philanthropic clients by offering solutions to address pressing community needs, as well as helping your clients build legacies across generations. 

If we have not yet had a chance to work together, please reach out. Our team would love to get to know you and learn how we can be a useful, behind-the-scenes resource for the charitable components of your services. We're always available to answer your questions about philanthropy or to schedule a personal consultation with you and your clients – all at no cost.
Laura Lederer
Senior Director of Development & Advisor Relations
Akron Community Foundation
330-436-5611
By John R. Adams
Philanthropy goes beyond just tax strategy: It's a way to help your clients create a lasting legacy and share their values with the next generation. Here are three methods we recommend to help clients engage children of any age in their charitable giving.
We've compiled all the latest legislative updates on charitable giving, including new increases to the IRS budget and the status of SECURE 2.0. We're also looking ahead to the tax planning implications that may arise when provisions from the Tax Cuts and Jobs Act expire after the 2025 tax year.
Despite the many cautionary tales arising out of the COVID-19 pandemic, most Americans do not have a will. Even those clients who do have estate plans in place may not truly understand the difference between a will and a trust, or the benefits of including a charitable bequest in their estate plans.
In recent months, you may have seen an uptick in clients’ questions about their retirement plans, including the impact of pending legislation on RMDs, strategies to address rising interest rates, and more. Here are a few tax-savvy charitable planning tools that you can share with your clients.
Upcoming Events
Women & Wealth Seminar
Featuring Ramona Hood

Sept. 15 | 5 to 7 p.m.
Himelright Lodge
Planned Giving Education Program Featuring Joe Bull and Greg Bean

Nov. 17 | 7:30 to 9 a.m.
Hilton Akron/Fairlawn
Registration Coming Soon
In Other News...
Client Conversation Starters
Many of your clients likely have a will in place to ensure their assets are passed down according to their intentions, but what about their values? An ethical will is an opportunity for people to share their family stories, legacies and life lessons with the next generation. As your clients' trusted advisor, consider asking them which personal values they hope to impart on future generations as part of your estate planning meetings. This question can help deepen your relationship with your clients and open the door to conversations with their children and grandchildren. Our team at The Center for Family Philanthropy would also be happy to facilitate a discussion with you and your clients using one of our many conversation tools. To learn more, contact Karen Hrdlicka.
Did You Know?
Akron Community Foundation offers educational and social networking opportunities for young professional advisors in Greater Akron through our Young Professional Advisor Council. This diverse group of young professionals hosts networking events throughout the year where tax, estate and financial planning professionals ages 25-39 can connect with their colleagues. For information about joining the council, or to receive an invitation to future networking events, contact Laura Lederer.
Additional Resources

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Laura Lederer
Senior Director of Development & Advisor Relations
330-436-5611
Akron Community Foundation 
345 West Cedar St., Akron, OH 44307
Office Hours: 9 a.m. to 5 p.m., Monday through Friday