23 min

Sometimes Cash Isn’t King: Contributing Non-Cash Assets Giving With Impact

    • Non-Profit

When thinking about making a donation to support a charity we believe in, most of us immediately think about writing a check or typing in a credit card number. Even when we proactively think about using other assets that we may hold as a way to fund our charitable giving, our instinct is to liquidate that item and donate the proceeds. But that may not be the most effective or efficient way to donate. Sometimes, cash isn’t king. And with the growing popularity of cryptocurrency, these days, “cash” may not even be cash

When thinking about making a donation to support a charity we believe in, most of us immediately think about writing a check or typing in a credit card number. Even when we proactively think about using other assets that we may hold as a way to fund our charitable giving, our instinct is to liquidate that item and donate the proceeds. But that may not be the most effective or efficient way to donate. Sometimes, cash isn’t king. And with the growing popularity of cryptocurrency, these days, “cash” may not even be cash

23 min

More by Charles Schwab

Choiceology with Katy Milkman
Charles Schwab
Schwab Market Update Audio
Charles Schwab
Financial Decoder
Charles Schwab
On Investing
Charles Schwab
Giving With Impact
Charles Schwab
WashingtonWise
Charles Schwab