Charitable Giving 

Charitable giving is about more than tax benefits —

it’s about making a meaningful impact on the people, organizations, and communities that matter most to you. For some families, charitable planning is rooted in faith, education, healthcare, or community involvement. For others, it’s about creating a lasting legacy that reflects their values and supports future generations.

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At Thew & Arana Wealth Management, we help individuals and families throughout Spokane, Coeur d’Alene, and the Inland Northwest incorporate charitable giving strategies into their broader financial and estate plans. Our goal is to help clients give intentionally, tax-efficiently, and in ways that align with both their financial objectives and personal values.

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Whether you want to support charities during your lifetime, create a family legacy, reduce taxes, or establish ongoing charitable structures, thoughtful planning can help maximize both your impact and financial flexibility.

 

Why Charitable Giving Matters

When structured properly, charitable planning can provide benefits for both the donor and the organizations being supported.

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Charitable giving strategies may help:

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• Support causes and organizations important to you

• Reduce current income taxes

• Potentially reduce estate taxes

• Create lasting family and community impact

• Preserve income streams while giving

• Align wealth with personal values and legacy goals

• For many families, charitable planning becomes an important part of a broader legacy strategy designed to create purpose alongside financial stewardship.

• Charitable Giving Strategies

• Charitable Remainder Trusts (CRT)

A Charitable Remainder Trust allows donors to transfer assets into a trust while retaining an income stream during their lifetime. At the end of the trust term, the remaining assets pass to designated charitable organizations.

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Depending on how the trust is structured, a CRT may also provide current income tax benefits.

Types of Charitable Remainder Trusts include:

Charitable Remainder Unitrust (CRUT): Provides income based on a percentage of the trust’s annually revalued assets.

Charitable Remainder Annuity Trust (CRAT): Pays a fixed annual income amount regardless of market performance.

Pooled Income Funds: Combines contributions from multiple donors into a professionally managed charitable fund, with income distributed proportionally to participants.

Charitable Lead Trusts (CLT)

A Charitable Lead Trust provides income to a charitable organization for a specified period of time, after which the remaining assets pass back to family members or other beneficiaries.

This strategy can allow individuals to support charitable causes today while still preserving long-term family wealth transfer objectives.

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Legacy & Family Giving Strategies
For many families, charitable planning is not only about giving — it’s also about teaching future generations about stewardship, generosity, and values-based decision-making.

We help clients explore ways to integrate charitable intentions into their broader estate and family legacy plans.

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Creating a Giving Plan That Reflects Your Values

 

• Thoughtful charitable planning can help you:

• Support organizations and missions meaningful to you

• Coordinate giving alongside retirement and estate planning

• Potentially improve tax efficiency

• Preserve investment and income flexibility

• Create a long-term philanthropic legacy for future generations

• Charitable giving should feel intentional and aligned with the life and legacy you want to create.

• Our Approach to Charitable Planning

• At Thew & Arana Wealth Management, we believe charitable planning works best when integrated into your overall financial strategy — not treated as a standalone decision.

• We help coordinate charitable strategies alongside:

• Retirement planning

• Tax-efficient income planning

• Estate and legacy planning

• Investment management

• Wealth transfer strategies

 

Our role is to help simplify complex planning decisions while working collaboratively with your CPA and estate planning attorney whenever appropriate.

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Why Work with Thew & Arana Wealth Management?

• Clients choose to work with us because we provide:

• Personalized charitable planning guidance

• Coordination across tax, retirement, and estate strategies

• Education around complex giving structures

• Relationship-driven financial planning

• Long-term support aligned with your values and goals

Rooted in the Inland Northwest, we take pride in helping individuals and families throughout Spokane and surrounding communities create charitable strategies designed to make a meaningful and lasting impact.

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Start Planning Your Legacy Today
Charitable planning can be a powerful way to align your wealth with your values while supporting the causes and communities important to you.

Whether you are exploring charitable giving for the first time or looking to enhance an existing strategy, Thew & Arana Wealth Management can help you create a thoughtful and coordinated plan designed around your goals and legacy objectives.

Thew & Arana Wealth Management does not provide legal or tax advice. Clients should consult with qualified legal and tax professionals regarding their individual charitable planning strategies and circumstances.