Bunching several years of giving into one year can help in two ways. You have to clear the 0.5% floor only once rather than every year, and your total deductions are more likely to exceed the standard deduction. A donor with an AGI of $400,000 who gives $20,000 a year for five years forfeits $2,000 annually to the floor; the same donor who bunches $100,000 into one year forfeits the $2,000 deduction only once. Pairing bunching with a donor-advised fund lets you take the deduction up front while spreading grants over time.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
