Charitable-Giving Plan Divides Nonprofit Groups and Worries Donors

“The crash in the value of my portfolio takes a huge asset off the table and out of the equation,” Ms. Clarke said. “This actually made me realize that the way I was managing my philanthropy was totally different from the way I managed the rest of my spending. I would never consider relying on stock for any purchases that I need to make in the next five to seven years, so why was I doing it for philanthropy? That was a big eye opener.”