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Charitable Giving, Empowering Communities, and Benefiting Others with Brad Holland


Show Description

The Financial Detox team at Labrum Wealth Management talks a lot about growing money over time and protecting wealth - and a big component of that is often giving to others in your community.

That’s why today, I’m speaking with a very special guest: my good friend and NBA Champion Brad Holland. Brad is the CEO of the Boys & Girls Clubs of Carlsbad - of which I have been a board member since 2002 - and manages over $3 million in funds supplied almost entirely through private donations to provide services to over 800 students a day through a variety of outreach and engagement programs.

He joins the podcast today to discuss not only his journey through the world of pro sports, but how he leads a 501c3 non-profit run totally by donors - and the many benefits of giving back to your community with your wealth, no matter where you are or what you do.

In today’s conversation, here’s what you’ll learn:

The valuable tool that Brad's father gave him that helped him go from envisioning himself playing professional sports as a child to truly achieving his goals - and how you can apply this to your financial planning as well.

The role faith played in Brad's success and growth from an early age - and how gratitude leads to both success and appreciation.

How Brad offers a diverse array of programs to help students learn, grow, and be productive, even as our schools are less open than ever.

How charitable organizations build foundations and accumulate wealth just like individuals - and how the Boys & Girls Clubs of Carlsbad raise millions of dollars from zero each year, keep fees low, and provide scholarships to large numbers of low-income students who need their help the most.

Why charitable giving can reduce your tax bill - and how you can use a Donor Advised Fund to manage your donations, as well as other ways to make arrangements for giving gifts at the end of your life.

 Interview Resources

Boys & Girls Clubs of Carlsbad


Disclosure

The content of this radio show is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Mr. Labrum and Labrum Wealth Management/Financial Detox are not responsible for the consequences of any decisions or actions taken as a result of information provided in this radio show and do not warrant or guarantee the accuracy or completeness of the information provided. The information discussed today reflects the views of Mr. Labrum and his guest(s) as of the date of this show and are subject to change without notice.  Past performance is no guarantee of future results. Any forward looking statements or forecasts are based on assumptions and actual results may vary from any such statements or forecasts. No reliance should be placed on any statements or forecasts when making any investment decision. Accordingly, listeners should not rely solely on the information provided today in making any investment decision.

There is a risk of loss from investing in securities, including the risk of loss of principal. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular investor's financial situation or risk tolerance. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses.

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