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Charitable Giving for Ukraine Relief

Mercer Advisors

Apr 15, 2022

Summary

The invasion of Ukraine has prompted an interest in charitable giving. We want to support your compassion and intention to relieve suffering though humanitarian aid. In all charitable giving, funding an effective organization helps ensure the amount we give goes as far as possible to support the cause. We are sharing suggestions from our custodial partners, to help you help others.

The invasion of Ukraine has affected many of us on an emotional level. The impulse to help is an admirable human reaction. For individuals in the U.S., making a financial donation could be the most immediate and direct form of support.

Knowing that your donation will be used well to benefit the intended cause makes charitable giving worthwhile. But vetting organizations can take a bit of time and effort. To make your decision to support a Ukraine cause easier, we are sharing these suggestions from our custodial partners:

Fidelity Charitable

Schwab Charitable

Both reference disasterphilanthropy.org for their recommendations

In the case of Ukraine and other crises, you may be making a quick decision in response to an urgent need. For future reference or more general giving, the independent rating sources GuideStar and Charity Navigator serve as useful tools for evaluating non-profit organizations.

Many investors make charitable giving part of their comprehensive financial plan and work with their advisors to consider the variables discussed in “Aligning Charitable Giving, Estate, and Tax Planning.” This piece addresses forms of giving, vehicles such donor advised funds, and criteria for assessing charitable organizations.

Just as you want your charitable donations to have maximum impact, a worthwhile non-profit organization will want the same—and will know best how to deploy the funding. Participants in our webinar on charitable contribution strategies emphasize the advantages of “unrestricted” support and mentioned a point now relevant to Ukraine: Unrestricted giving allows charities to be nimble in times of crisis.

As we address how geopolitical events may or may not affect investment portfolios, it’s all in the context of helping to ensure you reach your long-term goals for you, your family, the people you care about, and issues that matter in your life. If you would like to learn more about adding charitable giving as a strategic component of your portfolio, please feel free to reach out to your advisor.

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Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is not involved with investment services. Mercer Global Advisors Inc. (“Mercer Advisors”) is registered as an investment advisor with the SEC. The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements.

Please note the organizations listed in this guidance do not represent the full list of organizations raising money for relief efforts for Ukraine. This information is provided for reference purposes only. The information is in no way an endorsement of any charitable organizations mentioned.  Donors are advised to review independent sources of information prior to donating to any charitable organization.  Mercer Advisors has an existing referral and preferred custodian relationships with both Charles Schwab and Fidelity.  There is no compensation received for directing clients to the Schwab and Fidelity charitable giving resources.  Please see our Form ADV Part 2A (insert link) and our Client Relationship Summary (insert link to the website Form CRS tab) for more information on conflicts of interest.

All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change.  Some of the links provided in this article lead to third-party content. The views and opinions of third-party content providers are solely those of the author and not Mercer Advisors. Mercer Advisors does not guarantee the accuracy of the information provided by such third parties. Content, research, tools and stock or option symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. For financial planning advice specific to your circumstances, talk to a qualified professional at Mercer Advisors.

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