ADRIAN — The Lenawee Community Foundation is encouraging residents to review their charitable giving plans as changes to federal tax rules approach in 2026.
The Foundation says 2025 was a key year for charitable planning, as new tax laws could limit deductions starting next year. Foundation leaders recommend talking with tax advisors early to determine whether strategies like bunching multiple years of donations into 2025 could be beneficial.
The Foundation also highlights tools such as donor-advised funds, which allow donors to take a tax deduction now and distribute grants to local nonprofits over time. Other options include donating appreciated stock, using qualified charitable distributions from IRAs for those 70-and-a-half or older, and reviewing beneficiary designations on retirement accounts.
Officials say planning ahead is especially important for complex gifts like real estate or closely held stock, which require additional processing time.
The Lenawee Community Foundation says its team is available to help individuals, families, and businesses find tax-efficient ways to support local causes and meet long-term charitable goals.
More information is available at lenaweecf.com or by calling 517-263-4696.