In This Issue
November AFR Rates
Beer!
AFP Presentations!

Learn More About Us!

 

Davenport & Barr

 

Spencer Group

 

Newsletter Archive

November 2012 AFR

 

The IRS Applicable Federal Rate (AFR) for November 2012 has decreased back to its all-time low of 1.0%.  Also known as the Discount Rate, the AFR means that charitable deductions on new gift annuities and charitable remainder trusts will continue at very low levels.

 

While this historic low rate minimizes charitable deductions, it also means that tax-free income to gift annuitants will be maximized, having the effect of increasing their overall effective rate of return.

 

 

For more information,

contact Davenport & Barr

 
(603) 356-3311

Email Us!

Meet the Team! 

Karen  Davenport
Karen Davenport
President
Davenport & Barr
Mike Davenport
Mike Davenport
Founder
Davenport & Barr

 

Anastacia Barr

Director of Client Communications

Davenport & Barr

Mike Spencer
Mike Spencer
President
Spencer Group 
 
Mike Gaito, Spencer Group 
Mike Gaito
Director of Information & Analytic Services 
Spencer Group

 Beyond Philanthropy Vol.2, Issue 3

                              November, 2012 

   


    

Federal Taxes: Past, Present, Future

  

 

With the election now behind us, the next 60-90 days will surely occupy much of the discussion in Congress, and there will be changes. The following summary of the most significant federal taxes affecting individuals serves as a useful reference guide for you in the critical days ahead.

 

 

Click Here to view the table! 

 

 

"Beer is Proof that God loves Us

 and Wants us to Be Happy."

By Karen Davenport

 

Historians claim that Benjamin Franklin was talking about wine -- not beer -- in this famous quote. Regardless of the substance, we do know because of his many benevolent acts, that Ben categorically believed in the pursuit of happiness for all people. And it's well documented that he enjoyed his share of beer as well!

 

For these reasons, it is likely that Franklin would smile if he heard about a new type of non-profit that combines beer and good works!

 

According to a recent article in Bloomberg Businessweek, http://www.businessweek.com/articles/2012-08-20/philanthropubs-make-your-hangovers-less-shameful

non-profit taverns that donate profits to charities are popping up across our country.

 

Called Philanthropubs, and generally serving local beer and seasonal, locally sourced food, these charities pay employees fair wages and support charitable organizations in their communities. When customers order food and beverages, they must also choose from a short list of charities they would like their bill to benefit. Below is an example of how it works, courtesy of Cause, a Philanthropub that just opened on October 24, 2012 in Washington, D.C.

 

According to founders of Cause, at a time when both giving and volunteering are down, they use the money spent on drinks and entertainment to create an easy way for the working population to give back. They say they are appealing to a more socially aware crowd that is more involved in social issues and asking more of the companies they are buying from.

 

 

Davenport & Barr and Spencer Group will be presenting at:
 AFP Northern New England
Annual Conference in Stowe, VT

 

Thursday, Nov. 15  Mike Spencer  "Direct Mail common Sense: Applying the Similarities Between Dating and Annual Giving"

 

Thursday, Nov. 15  Karen Davenport  "Take tour Tribute Giving Program from Slush to Packed Powder"

 

Friday, Nov. 16   Mike Spencer   "Essential Analytics: The Top 10 Performance Indicators that will Make or Break the  Future of Your Annual Giving Program