Tax considerations for charitable giving by financial institutions

Corporate tax rules for charitable contributions are changing, and for banking and capital markets organizations, how and when contributions are made will matter more than ever. In this episode, Denise Schwieger and Monic Kechik unpack the introduction of a new 1% floor on deductible charitable contributions and what it could mean for  financial institutions with established giving programs, exploring how the new tax threshold interacts with community investment strategies and why organizations may need to reassess contribution timing, structures, classification, and financial reporting as they adapt to the evolving tax rules.