The Ultimate Win-Win: What An IRA Does for You and Your Donor
A Qualified Charitable Distribution (QCD) is a powerful tool that allows IRA owners to donate directly to qualified charities, bypassing the usual tax implications of IRA distributions.
Are you having difficulty tracking and organizing donor data because the information is fragmented? Great news for nonprofits using Blackbaud!
LifeLegacy, a leading provider of nonprofit planned giving solutions, recently launched its data integration with Blackbaud’s Raiser’s Edge NXT platform (RENXT). Nonprofits can now use LifeLegacy to automatically sync donor planned giving data (e.g., gift size, gift type, and more) on RENXT.
For existing donors (constituents) on RENXT, LifeLegacy will automatically update or add to the current records. If there isn’t a record for the donor, it will create one with the planned giving data – saving you time and simplifying the process of consolidating donor data.
To access, fundraisers can log into their LifeLegacy dashboard and click the “Integrations” tab to connect and authenticate with their Blackbaud account. From there, fundraisers can sync any LifeLegacy data between their accounts – creating less fragmentation and one source of truth for your fundraising data within RENXT.
Why is this new integration capability important?
The integration of LifeLegacy donor data into Blackbaud can help charities operate more efficiently with centralized information. This leads to nonprofits communicating more effectively and building stronger relationships with donors, ultimately resulting in greater impact and success in their missions. Schedule a demo today with our team of experts to see the power of LifeLegacy’s planned giving tools.
Head of Partnerships
Craig@lifelegacy.io
A Qualified Charitable Distribution (QCD) is a powerful tool that allows IRA owners to donate directly to qualified charities, bypassing the usual tax implications of IRA distributions.
Encouraging donors to give from their IRA is a creative way for a donor to give with impact and save on taxes. The impact is the same whether a donor gives from their bank account or their IRA. A QCD gift is a win-win!
AI is becoming increasingly popular in the nonprofit sector. Learn how your organization can get started and use AI to improve its fundraising strategy.
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