Philanthropy

^{Our passion}The Wallace Charitable Foundation

Our family mission is to use our collective resources to strategically support causes aligned with our shared values of education, faith, military, and foster positive change within our community and leave a lasting legacy for future generations.

This is our passion - let us help you find yours. We included links below that allow you to explore charities based on your family's passion.

^{How We Help Our Clients}philanthropy services

Empowering clients to make impactful philanthropic decisions, we provide tailored strategies that align charitable giving with personal values and financial goals, helping ensure meaningful contributions to communities and causes.

Legacy Giving

Explore fun new ways for you to donate while introducing your children and grandchildren into the world of giving back. With programs that allow you to provide small amounts with parameters to allow your family to carry on your philanthropic endeavors while finding their own passions.

Tax Planning

We offer strategic Tax Planning to optimize charitable contributions, helping minimize tax liabilities while maximizing the impact of donations.

Donor Advised Funds

Our Donor Fund service provides a flexible giving solution, allowing donors to make contributions, receive immediate tax benefits, and recommend grants over time.

Foundations

We assist in the management of assets for your private foundation, offering guidance on structure, governance, and compliance to support sustained philanthropic impact.

Charitable Remainder Trust

Our Charitable Remainder Trust service helps enable donors to receive income while benefiting chosen charities, providing a tax-efficient way to support causes over time.

Trusts

We offer professional guidance on establishing Trusts to manage and distribute assets according to philanthropic wishes, helping ensure a lasting legacy aligned with donor intentions.

Please note: The charitable entities and/or fundraising opportunities described herein are not endorsed by, or affiliated with Cetera Advisor Networks LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisor Networks LLC.

Charitable remainder trusts are used to develop a vehicle for donations to a favorite charity, which also allows for the reduction of income taxes through a charitable deduction and favorable tax treatment at the date of the gift by non-recognition of built-in capital gains. AND The use of trusts involves a complex web of tax rules and regulations. You should consider the counsel of an experienced estate planning professional before implementing such strategies.

Generally, a donor advised fund is a separately identified fund or account that is maintained and operated by a section 501(c)(3) organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor, or the donor's representative, retains advisory privileges with respect to the distribution of funds and the investment of assets in the account. Donors take a tax deduction for all contributions at the time they are made, even though the money may not be dispersed to a charity until much later.

Find a Charity

Our first priority is helping you take care of yourself and your family. We are consistently asked about charitable giving. We have added a link to Charity Navigator, which provides ratings and information for more than 225,000 501(c)(3) charities to assist with your philanthropic decision-making.

Charity Lookup

^{ARE YOU READY?}Take The First Step

If you believe you could benefit from working with us, let’s review your portfolio, financial trajectory, and goals to see if you’re a good match for our practice.

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