For many generous families and individuals, charitable giving looks much different this year because of tax reform. Under the new tax law the standard deduction doubled - $12,000 for inidividuals and $24,000 for married couples – making it more challenging to itemize on tax returns and benefit from the charitable income tax deduction.

Forbes, the New York Times, the Wall Street Journal, and many smart tax experts have all recommended a smart new giving strategy called charitable bunching. Bunching your donations by making a large single-year gift equal to the amount of gifts you would have made over several years can maximize  your tax savings. Refer to our charitable bunching guide for more details.