Charitable Giving - Tips to Keep in Mind When Donating

Specializing in wealth and alternative asset investment management, Enviso Capital, LLC, provides financial planning for individuals, families, and institutions. One area Enviso Capital specializes in is charitable giving. Here are helpful tips to keep in mind when donating to a charity:

1. Before choosing a charity to donate to, it is important to do research to find out how donations are allocated to determine if the donation will go towards the intended purpose. There are a number of websites that provide information about how charities use their donations.

2. It is important to check with national, state, and local authorities to be sure that the charity is registered with the Internal Revenue Service (IRS). The IRS website also allows users to search for nonprofit organizations.

3. Seek specific information from the charity. An organization's purpose should not be vague. Instead, it should be clear what kind of relief is provided.

Ronald McDonald House Supports Children in Chicago Marathon

 

Based in San Diego, California, Enviso Capital is an independent financial services firm with a focus on wealth management and alternative investments. Employees at Enviso Capital work with several kid-friendly nonprofit organizations, such as Ronald McDonald House Charities (RMHC).

The mission of RMHC is to provide fundamental resources and quality health care to children and families. One way RMHC raises money for these causes is by participating in the annual Bank of America Chicago Marathon. In its first year in 2006, Team RMHC, which consisted of 31 runners and team founder Bob Marshall, raised $39,000 in donations. Nine years later, the 2015 team raised a staggering $1.18 million. This year, Team RMHC aims to recruit 950 runners and raise a minimum of $1.5 million.

Those interested in representing RMHC in the Chicago marathon will receive free guaranteed entry, as well as a Team RMHC running shirt and customizable donation page. Runners also can participate in RMHC’s marathon training programs prior to the race. On race day, Team RMHC members can visit the Team RMHC hospitality tent for snacks, restrooms, massages, and entertainment.

A Commitment to Excellence

 

 

DeBartolo Development invests in real estate assets of all sizes, specializing in opportunistic acquisitions and market-driven, ground-up development of multifamily, hospitality, retail and mixed-use projects throughout the United States. To capitalize on opportunities in the distressed real estate environment, DeBartolo Development launched the DeBartolo Opportunity Fund I. The Fund invests in assets across various property sectors in primary markets that are fundamentally sound and have potential for income growth. Here is an update on a property:

Arbor Walk Apartments – Tampa, Florida
     Closing Date: December 17, 2010
     Acquisition Price: $19.2 million

Estate Planning 101 - Durable Power of Attorney

Wealth management firm Enviso Capital delivers a diverse array of financial planning services to clients from its San Diego, California-based offices. Among these services, Enviso Capital advises clients on various aspects of estate planning, which can include establishing a durable power of attorney.

Defined as a legal document giving someone else the power to make decisions on behalf of an individual, power of attorney is an indispensable part of most estate plans. “Durable” power of attorney remains active as long as an individual is unable to handle financial or medical matters on their own. In many cases, durable power of attorney takes effect when an individual becomes mentally incapacitated.

In many cases, individuals establish separate powers of attorney for health care issues and finances. Once an individual obtains durable power of attorney for finances, he or she can manage investments, pay bills, and handle other important financial matters on behalf of the person who is incapacitated. In terms of the estate planning process, individuals often establish durable power of attorney to avoid involving the court system in their affairs.                            

Enviso Capital - Active Wealth Dynamics

An agile, boutique firm known for their innovative approach and active pursuit of alternative investments, Enviso has achieved enormous success since its inception in 2007. With clients throughout the U.S. and 180 million in assets under management by 2008, Enviso was ranked by the San Diego Business Journal as one of the area’s top money management firms and by San Diego Magazine as Five Star Wealth Managers. No surprise, given the firm’s running start: 80 years’ collective experience in the industry – both in the institutional and independent arenas – as well as their firm understanding of the entrepreneurial, high-net-worth dynamic and not to mention their penchant for bringing more compelling and intuitive service offerings to their affl uent clientele.