MUNICIPAL GOVERNMENT &
OTHER SUBDIVISIONS OF STATE
Effectual Giving, LLC (EG) also has a specialized sector devoted exclusively to implementing innovative planned giving solutions designed for municipalities, local government, and other subdivisions of the state. In general, most taxpayers (and even experts in the planned giving world) are not aware of the fact that charitable income, gift and estate tax deductions are available when a donor makes any form of gift to a State, municipality or local governmental agency. This is even true for gifts made to more narrow political subdivisions, such as a community redevelopment agency controlled by a particular municipality.
All across our blessed nation, many residents and businesses have a much greater emotional bond and love for their hometown and surrounding areas than they do for the U.S. Treasury. This is certainly not to say that these people are unpatriotic, but rather there is a growing number of people (regardless of political affiliation) who are disenchanted, and even frustrated, by the fact that the majority of their federal tax dollars simply go toward the repayment of foreign and domestic debt. If presented with the question of whether they "would prefer to reallocate a significant portion of their federal income tax dollars to a more local government that will have a greater impact their families and businesses", we have found that many people answer with a resounding "YES". Our Municipality & Local Government division provides turn-key solutions and intensive support/training with government agencies and their respective development team, the donors, and all the donors’ advisors to ensure that significant planned giving revenues can become a reality.