In a study performed by the Network for Good, researchers found that 29-percent of donations for an entire year occurred in December with 11-percent in the last three days of the year. Creating a charitable contributions plan can lead to a positive impact on the cause while lowering the tax impact on your wallet. The earlier you can plan your contributions with HCR Wealth Advisors in the year, the better.
One way to make a major impact is by donating stock. There are four major advantages to donating stock in place of cash:
Cash can be used elsewhere
When donating stock from your portfolio, this frees up the amount of cash you were going to give so it can be invested in an equal amount of the stock gift. This helps you continue to grow your money while still giving to a reputable cause.
Increase the size of your gift
HCR Wealth Advisors has found that by selling stock to raise donation money, you most likely will incur a tax liability from the actual sale. However, by donating stock to charity, you will receive a tax deduction at the full fair market value of the stock.
Remove tax liability
Federal capital gains tax on investments can be as high as 20-percent without the added state capital gains tax. Add in the 3.8-percent Medicare tax on investments and your total tax could be over 25-percent. On the other hand, HCR Wealth Advisors note that donating stock removes the tax liability altogether.
In addition to not having to pay a tax liability, stock donations are tax-deductible for those who itemize their deductions. Although the standard deduction has been raised, resulting in a greater hurdle, those who can give will help their wallet and charities through stock donations. HCR Wealth Advisors note the maximum percentage of appreciated stock donations is limited to 30-percent of your Adjusted Gross Income.
This article is provided for informational purposes only and should not be interpreted as investment advice.
HGGC is a private equity firm that has a portfolio of companies that they would like to make better. The company has recently merged with Mi9 because they want to have a retail arm that can make their companies easier to shop with. Take a look at what you can be done with these companies working together, and learn how this will make My Web Grocer that much better.
- What Does HGGC Do?
HGGC does a lot of work in the private equity world as they try to give their customers a better return on their investment. They also use their cache to ensure that they can get their companies the best possible services and support. This is why they have merged with Mi9. The company wants to make sure that they can make their retail units stronger.
- What Does The Acquisition Mean?
HGGC has hired people to add to their staff so that they can begin to expand MWG and make it a much better place for people to shop. By doing this, the company has proven that they are very interested in what the customer needs. Because of this, they hope to have much higher sales in their first year. Their commitment to retail expansion means that they can also expand and buy other companies that could use Mi9’s services.
- How Does This Change Online Shopping?
Online shopping shifts every year with the advent of new technology and ideas. Mi9 will have more resources and time to figure out how they can make MWG better, and this very same company will have more people on their staff. This is a very powerful thing because it means that the company will be able to release new products and services faster.
There are a number of things that will happen when MWG is run by Mi9 and the HGGC team together. This company is going to make it easier for people to buy their groceries online, and this is a precursor to the company reaching out to other brands that will need help growing.
Equities First Holdings – Why Choose This Lender
Equities First Holdings is a top lending firm that focuses on addressing the needs of customers who can’t qualify for conventional loans. This reputable firm has systems in place to help its lending experts render outstanding financial services to their customers. Its collateralized loan, the stock-based loan, helps both individuals and businesses to reach their goals. It’s designed to be a quick way to raise money.
HGGC is one of the leading middle-market private equity company with cumulative capital investments worth more than 4.3 billion dollars. It’s headquartered in Palo Alto, Calif. The firm is well-known for its advantaged Investing strategies that it uses to source and possess scalable business opportunities at attractive multiples via trade partnerships with its founders, sponsors who reinvest with it, and management teams thus creating a secure arrangement of interest. In its history, HGGC has accomplished more than 60 platform investments, acquisitions, and liquidity transactions with an aggregate market value of above $15 billion.
On September 27th, 2017, FPX, which is one of the leading business in CPQ solutions, did announce that indeed it had received an unrevealed investment from HGGC, which is its funding partner. HGGC which took over FPX in April 2016, is providing capital in its efforts to achieving global expansion, fast-track product development, and further improve its network and strategic partnerships. HGGC is celebrated for its achievement of its investment in firms competing in the market for online business platforms and interrelated applications. After making transactions worth over 15 billion dollars, this firm has been behind the outstanding investments and exits, which included Hybris, Selligent, and MyWebGrocer.
According to Rich Lawson who is the current CEO and Co-founder of HGGC, FPX is on the edge of realizing an exciting opportunity to control the CPQ market, and with the funding and the commitment, the firm can be propelled into a prime position. He also said that after analyzing all the vendors in the space, only FPX proved to have a vision, product competence, talent, and unsurpassed domain expertize to be the market leader. The funding followed an era of extreme growth for FPX, which enabled the firm to open European headquarters in Germany. It also stretched its presence in London, England. The executive has also reinforced the global management team, and established partnerships with strategic partners such as Microsoft to mention a few. Dave Batt, the CEO of FPX, also said that the endorsement they got from the company backed by financial assistance from the firm is indeed a blessing as it shows how strong their vision is.
In the year 2007, a group of partners led by Robert Gay and Jon Huntsman came together. They established what is now one of the leading private equity firms in the globe. At the time, Gay was a well-connected managing director at Bain Capital, and Huntsman was the CEO-cum-founder of a manufacturing company named after him. Bringing together their know-how, they founded H&G Capital Partners.
The firm kicked off on a high note. The name, however, became an issue due to its similarity with that of another firm called HIG Capital. Following the filling of a lawsuit by HIG Capital, H&G Capital Partners had to change its title to Huntsman and Gay Global Capital in honor of its two senior most founding partners. This title was however short-lived as in the year 2013, following the departure of both of these partners; the firm adopted the title HGGC.
Its growth and operation
Over the years, the company has managed to acquire 4.3 billion dollars’ worth of cumulative capital. Additionally, the firm boasts of seventeen billion dollars’ worth of platform investments, acquisitions, liquidity and recapitalization endeavors, recapitalization transactions and leveraged buyouts.
HGGC is mainly invested in mid-cap and middle market companies that are both in the public and private sector. Furthermore, it has a keen interest in companies that are in the process of adapting to new technology. Such companies like car dealerships, insurance companies, and grocery stores are on a path to great expansion which will lead to more income. Additionally, HGGC invests in a number of industries including technology, healthcare, infrastructure, manufacturing, finance, chemicals, software and information service sectors among others.
A crucial requirement that HGGC has when it comes to companies it invests in is that they must have a hundred up to five hundred million dollars’ worth of enterprise value, annual revenue ranging between a hundred million and a billion dollars and an EBITDA of fifteen million up to seventy-five million dollars. The reason is that HGGC places investments of up to a hundred and twenty-five million dollars and not less than twenty-five million; hence the companies must match up to these amounts