Jeff Partridge, owner of Partridge Financial, at his office in Rapid City.
Partridge Financial and Black Hills Area Community Foundation (BHACF) partner to ensure Black Hills residents achieve their financial and charitable goals.
The topic of charitable giving often arises naturally during financial planning discussions. When this happens, many advisors and attorneys refer their clients to BHACF to learn about local nonprofits and giving strategies.
Jeff Partridge and his team at Partridge Financial actively partner with BHACF to align their clients’ shared goals. This streamlined approach means that clients maximize their tax savings and make a real difference in their community.
Clients Give for Many Reasons.
Partridge’s clients often express an interest in charitable giving while sharing their values, family situation and personal goals. He frequently learns that “clients are excited to give back to the community that gave them so much.”
For many, tax savings are a top priority due to a life event, such as selling a property or business. Partridge shares the option of partnering with BHACF to deepen their impact in the Black Hills. His clients are often surprised to learn that BHACF offers an all-in-one, local approach to philanthropy.
Giving Should be Easy and Enjoyable.
Many clients benefit from BHACF’s due diligence and understanding of local nonprofits, ensuring peace of mind that their donations are intentionally invested, Partridge said. His clients also enjoy the convenience of giving tools, such as Donor Advised Funds (DAFs), that remove administrative headaches to make giving easy.
When preferences change, clients can update their giving plan with a quick call or email, with in-depth sessions available if preferred. Updating a legacy plan is as simple as editing a one-page document, a welcome contrast to the complex process of redoing a will.
“There’s so much that we can do just with DAFs — we really like the flexibility and the freedom of the tool.”
jeff partridge, owner of partridge financial
A Strategy to Streamline Shared Goals.
Going beyond a simple referral, Partridge sits with his client and BHACF to develop a comprehensive plan. Drawing from deep philanthropic expertise, BHACF’s Giving Team shares insight into effective area nonprofits and giving tools.
Partridge aligns these giving options with his clients’ overall financial goals, bringing decades of experience as a public servant and valuable community knowledge to the table.
“We sit down together, explore ideas and options. I think the best advisors give their clients informed options to make a smart decision.”
jeff partridge, owner of partridge financial
After this consultation, the donor receives a draft plan that reflects their nuanced preferences and goals. Partridge, the donor and BHACF’s Giving Team refine the plan until everyone feels excited and confident.
Many donors decide to give actively during their lifetime while outlining a separate estate plan for BHACF to carry out according to their wishes. Others decide to establish generational giving plans, creating a mechanism for their children or grandchildren to continue giving for years to come.
In 2024, Partridge’s partnership with BHACF led to several substantial gifts to a variety of local nonprofits. BHACF and Partridge will continue to support these donors, updating their giving plans to reflect their changing interest and needs.
“We’ve found that people have been extremely thankful for the introduction. Partnering with BHACF helps strengthen our client relationship,” Partridge said.
Align Your Financial and Giving Goals.
Ensure your giving strategy harmonizes with your financial plan by asking BHACF to partner with your advisor or attorney. We’ll combine our expertise to create a custom plan that achieves your shared goals. Connect with Eric and Kathleen, BHACF’s Giving Team, to learn more about how BHACF can support you.