Skip to main content

Make year-end giving easier for your clients with these key dates and tips.

The Saint Paul & Minnesota Foundation is here to help your clients with their yearly giving.

No other organization helps donors achieve their charitable goals quite like we do. For decades, we have partnered with advisors like you to ensure that individuals and families have the best tools to support the issues, organizations and communities they care about.

Key 2023 Charitable Giving Deadlines

We’d like to highlight some key dates that may be of interest to your clients as they consider their year-end philanthropic planning. Meeting the deadlines outlined below will help ensure that your clients’ charitable wishes are processed in a timely manner.

November 16

Give to the Max Day

November 23-24

Foundation closed

December 1

Last day to initiate mutual fund transfers

December 4

Last day to submit 2023 year-end grant recommendations

December 8

Last day to initiate publicly traded stock transfers

December 25

Foundation closed

December 29

Physical stock certificates must reach the office by 4 p.m. on Dec. 29, 2023

December 31

Gifts must be postmarked by Dec. 31, 2023*

January 1

Foundation closed

*Checks received at year-end will be receipted based on the postmarked date on the envelope but will be displayed in the DonorView portal on the date the check is processed in 2024.

Five Year-end Giving Tips

  1. If your client wants to donate stock or mutual funds to a nonprofit organization, make sure those stock transfers happen early. As many gifts happen at the end of the year, these types of donations can take some time for firms to transfer. Nonprofits must receive gifts by Dec. 31 in order to issue a tax receipt for that year.
  1. A donor advised fund is a great tool for donors because it gives them the flexibility to support the causes and organizations they care about during their lifetimes. Our team works alongside you and your clients to quickly open up a donor advised fund to expedite the process for their year-end giving.
  1. The Foundation can help you facilitate the donation of non-cash gifts, including cryptocurrency and privately held stock, so your clients can give in new and different ways.
  1. Many charitable families come together at the end of the year and talk about their annual giving. You can support this by providing ideas to make giving fun and meaningful, like offering family volunteering opportunities or suggesting a local opportunity to “support a family.”
  1. You don’t have to be a charitable expert for your clients — we are here to be your philanthropic partner. Our grant team and philanthropic advisors work together to ensure our donors know about organizations in the community doing unique and innovative work.

    That’s one of the many benefits of working with a community foundation; we will work with you to help your clients achieve their year-end giving goals.

At the Foundation, we treat your clients like our own, which includes a personalized approach to charitable giving. Our team of experts are here to help you. Put our expertise to work for you. Contact one of our gift planners today.

The Saint Paul & Minnesota Foundation does not provide tax, legal or accounting advice. Please consult your own tax, legal and accounting advisors regarding your individual situation before engaging in any transaction.

Originally published Oct. 1, 2019. Updated Oct. 17, 2023.

More Stories

Donating Stock to Support Your Favorite Charities

Did you know that donating stock can grow your charitable impact and support your favorite nonprofit organizations?

See How

Top 5 Reasons to Partner with a Community Foundation

Here are five unique benefits of working with a community foundation to reach your charitable giving goals.

See the Five Benefits

Is a Life Income Gift Right for Your Client?

Six questions to ask when helping your client choose a charitable gift annuity or charitable remainder trust.

Learn More

Benefits of Donating a Business or Donating Private Stock

Considering a business transition? Here’s why you should consider making charitable giving part of any business exit plan.

Learn More

Non-cash Assets: Why You Should Talk to Your Clients about Giving Options

Donating a non-cash asset is often more financially beneficial to both your client and the nonprofit they support. The tax benefits can be higher and the non-cash assets are often more valuable.

Find out how

How to Make Executive Compensation Part of Your Clients’ Charitable Giving

Learn how stock options, executive pay and other compensation could be part of your clients’ giving plan with our quick reference guide to donating executive compensation.

View the guide

How to Help Your Clients Choose a Donor Advised Fund Provider

See what five factors to consider when choosing a DAF provider as well as how their services compare.

Learn More

Guide Your Clients’ Strategic Giving in High-income Years

Learn how bunching can be beneficial to achieving your clients’ giving and tax goals.

Learn More

GET MONTHLY STORIES, NEWS AND UPDATES

JOIN
US!

* Indicates a required field