10 Ways To Reap Huge Benefits From A 501(c)(3)

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  • เผยแพร่เมื่อ 25 ธ.ค. 2024

ความคิดเห็น • 57

  • @TobyMathis
    @TobyMathis  7 หลายเดือนก่อน +5

    Would you like to learn more about this topic and talk to someone? Schedule a free consultation here: aba.link/d1a428

  • @LifeStrategies2.0
    @LifeStrategies2.0 ปีที่แล้ว +4

    Thank you Toby and the crew for all you have shared with me as a client, along with assuring the knowledge I knew was correct! 🔥😜 💯

    • @TobyMathis
      @TobyMathis  ปีที่แล้ว

      Thank you so much for your kind words! We're glad that we could provide you with the information you needed and assure you of your knowledge. It's always a pleasure to have clients like you!

  • @geauxride
    @geauxride ปีที่แล้ว +2

    Wealth of knowledge! Great segment that helped me understand we are doing it right!

    • @TobyMathis
      @TobyMathis  ปีที่แล้ว +1

      Thank you so much for your kind words! I'm glad that the segment was helpful for you and that you feel confident in what you're doing. Keep up the great work!

  • @BharatKulkarniusa
    @BharatKulkarniusa ปีที่แล้ว

    Awesome job Toby. Having Karim as the resident expert with Anderson (ex IRS :) was insightful!!!

    • @TobyMathis
      @TobyMathis  ปีที่แล้ว +1

      Karim rocks:-) Super nice guy and a true professional when it comes to helping people.

  • @DrBrandonSchultz
    @DrBrandonSchultz ปีที่แล้ว +1

    I love this content, thank you for sharing!

  • @cesarsilva-nv6de
    @cesarsilva-nv6de 9 หลายเดือนก่อน

    You guys are amazing I love your content and thank you so much for making them available for free on TH-cam. The only thing that I will say I tried to open my 501 C3 with you guys and you were charging $6,000 for it. I little bit too much for me.
    Thank you again

    • @TobyMathis
      @TobyMathis  9 หลายเดือนก่อน

      Thank you for your kind words! We appreciate your support and understanding.

    • @Jay-be3um
      @Jay-be3um 7 หลายเดือนก่อน

      Can you deduct the cost to set up the 501 C3?

  • @tinamcdonald2629
    @tinamcdonald2629 ปีที่แล้ว +4

    Excellent!

  • @pwgavin
    @pwgavin ปีที่แล้ว +1

    Hi Toby! Big fan. Quick q: Do you all keep a playlist somewhere of all the recorded tax tuesdays in full? I can never watch them live but love going back and watching them after. Thank you!

    • @TobyMathis
      @TobyMathis  ปีที่แล้ว

      Yes we do! th-cam.com/play/PLmje7Bbplo8kQvOB-FOY3sbBstKbD9WYX.html

  • @MsSWILLIAMS88
    @MsSWILLIAMS88 6 หลายเดือนก่อน

    Very very informative. I have a 501c3 and I’m still learning allot. Thank you so much

    • @TobyMathis
      @TobyMathis  6 หลายเดือนก่อน

      Thanks for watching!

  • @MrPokey007
    @MrPokey007 4 หลายเดือนก่อน

    I believe through my faith of giving and helping others through different means. Can I for a non profit where I can control where it goes through my faith or a faith based organization?

  • @Royaldane375
    @Royaldane375 5 หลายเดือนก่อน

    Toby, for the purpose of setting up a mini sanctuary, could you under a 501c3 buy land and build and how much of a tax deduction are we looking at?
    Thanks for the excellent content 🙌

  • @rkprasad7487
    @rkprasad7487 2 หลายเดือนก่อน

    I am having a art@craft training center for underprivileged.
    My daughter family supporting for that. They are in Boston.
    How much it will cost take a 501c3 .pls let me know.

  • @jtsme8882
    @jtsme8882 3 หลายเดือนก่อน

    How do you own the charity? I live in California.

    • @TobyMathis
      @TobyMathis  3 หลายเดือนก่อน

      Hey! I suggest scheduling a free 45-minute consultation with my team. We’ll provide advice tailored to your specific situation. Visit aba.link/d1a428

  • @rootfarm5138
    @rootfarm5138 5 หลายเดือนก่อน

    I have a non profit and want to donate to a non that is going to work with disaster relief. Do I call them or do they need to ask me?

  • @rootfarm5138
    @rootfarm5138 5 หลายเดือนก่อน

    what form and line do you show your donation to your non profit

    • @TobyMathis
      @TobyMathis  5 หลายเดือนก่อน

      I would recommend setting up a free consultation to talk about some strategies and how they apply to your unique situation. Sign up here: aba.link/d1a428

  • @Hi-jx5oe
    @Hi-jx5oe ปีที่แล้ว +1

    How many organizations in one year both US and international?

    • @TobyMathis
      @TobyMathis  ปีที่แล้ว

      We can definitely assist you in organizing your 501(c)(3) effectively! Visit: aba.link/d1a428

  • @jonebersole2854
    @jonebersole2854 7 หลายเดือนก่อน

    If I start a nonprofit for historical preservation, can that nonprofit contribute funds to repair a building that is privately owned?

    • @TobyMathis
      @TobyMathis  7 หลายเดือนก่อน

      Thank you for considering starting a nonprofit for historical preservation. I recommend setting up a free consultation to discuss some strategies and how they apply to your unique situation. aba.link/d1a428

  • @GeorgiaCrime
    @GeorgiaCrime 7 หลายเดือนก่อน

    I’m confused. What’s the difference between creating a donor fund vs giving directly to a charity?

    • @TobyMathis
      @TobyMathis  7 หลายเดือนก่อน

      With a Donor Advised Fund (DAF) you contribute assets to a fund managed by a sponsoring organization, such as a community foundation or financial services company. You then recommend grants to eligible charities from the fund over time. This gives you control over when and how much you donate to different charities. Direct giving involves donating directly to a charity without an intermediary, giving you less flexibility but a more immediate impact.

  • @njyouthfootball
    @njyouthfootball 5 หลายเดือนก่อน

    can I do a charity to help younger kids to start working out and getting fit out of my home gym?

    • @TobyMathis
      @TobyMathis  5 หลายเดือนก่อน

      Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/d1a428

  • @mikehelton815
    @mikehelton815 7 หลายเดือนก่อน

    Great video

    • @TobyMathis
      @TobyMathis  7 หลายเดือนก่อน

      Glad you enjoyed it

  • @Matthew-m2y5v
    @Matthew-m2y5v 4 หลายเดือนก่อน

    I'm a 501c3 on fixed income. How can I get access to your help? Any plans for me?

    • @TobyMathis
      @TobyMathis  4 หลายเดือนก่อน +1

      Give my team a call today. aba.link/d1a428

  • @aaronjarmstrong
    @aaronjarmstrong 11 หลายเดือนก่อน

    Love this channel. Can someone donate their IRA into the 501c3 without tax? For example, someone is of age where they can pull from a traditional IRA. Could they donate some or all of that stock to the 501c3?

    • @TobyMathis
      @TobyMathis  11 หลายเดือนก่อน

      You can donate up to $100k per year of RMDs as a Qualified Charitable Distribution (must be 70.5yrs old). Each spouse who qualifies can do this. The reason you contribution this way versus taking a taxable distribution is that when you make a QCD, 100% of the money is removed from the return versus 20,30,50 or 60% depending on the type of charity and asset contributed. Otherwise, you have to take a taxable distribution and donate the cash. This would likely bump you up against the 60% AGI limit for cash donations to public charities or 30% to private foundations. Hope this helps:-)

  • @nicolekhaleghi
    @nicolekhaleghi 11 หลายเดือนก่อน

    Hey there! I'm interested in knowing what's the best way possible to make a charitable contribution to our family owned NON profit for 2023? And when is it technically to late?

    • @TobyMathis
      @TobyMathis  11 หลายเดือนก่อน

      Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Visit: aba.link/d1a428

  • @willmallory9085
    @willmallory9085 ปีที่แล้ว +1

    Excellent topic team.

  • @ktruth4real
    @ktruth4real 8 หลายเดือนก่อน

    Can I donate into my 501c3 and pay children’s private education through the 501c3?

    • @TobyMathis
      @TobyMathis  8 หลายเดือนก่อน

      That's a great question. I recommend you connect with our team to get this question answered.
      Email: nonprofits@andersonadvisors.com

  • @LEAPwithPaisley
    @LEAPwithPaisley 6 หลายเดือนก่อน

    Disabled, veterans, minorities
    Supporting children and families of children living with physical differences, developmental delays and mental health conditions. Specific disability limb loss and limb differences, Autism Spectrum Disorder, ADHD

  • @robertduffy5805
    @robertduffy5805 11 หลายเดือนก่อน +2

    How do you stop your board from throwing you out like James O'Keefe was?

    • @TobyMathis
      @TobyMathis  11 หลายเดือนก่อน +5

      Make sure your bylaws have you as a founder with veto powers:-)

  • @bonniej0
    @bonniej0 7 หลายเดือนก่อน

    You know I'm not in an organization but I'm on disability and I don't make a profit can't I claim non-profit??.

    • @TobyMathis
      @TobyMathis  7 หลายเดือนก่อน

      Hey, I would recommend you give my team a call so we can provide you the best answer. Visit: aba.link/d1a428

  • @virginalanzen-gi5cr
    @virginalanzen-gi5cr 3 หลายเดือนก่อน

    I would like a cat Charity.

  • @virginalanzen-gi5cr
    @virginalanzen-gi5cr 3 หลายเดือนก่อน

    A catopia or digtopia?

  • @DTSupstateNY
    @DTSupstateNY ปีที่แล้ว +7

    I need some Karim in my coffee

  • @bonniej0
    @bonniej0 7 หลายเดือนก่อน

    Shouldn't everybody on Social Security be non-profit

  • @virginalanzen-gi5cr
    @virginalanzen-gi5cr 11 วันที่ผ่านมา

    Animal Sanctuary

  • @LoriBlevins-Schilling
    @LoriBlevins-Schilling 4 หลายเดือนก่อน

    I would love to have a conversation with Karim about my current non-profit. Please contact me.
    Great information!!!!
    Thanks!