Akanagi Group, a Pan Asian asset management business with experience across a range of asset classes that manages investments on behalf of individual clients, institutional investors and pension funds, wholesale distributors and platforms, financial advisers and their clients, today announced million in grants to charities on behalf of its donors. Gifts went to more than 100 charitable organizations. Support increased substantially across all categories with the highest number of individual grants going to health and human services, religious causes and education.
“I am so grateful to our donors for their extraordinary generosity” says Harumi Fumiya, President of Akanagi Group Charitable. “We continue to look for ways to encourage them to set aside more money for charity by making giving simple, tax-smart and flexible. Again this year, we helped donors and their financial advisors contribute long-term, appreciated investments and assets, which maximize tax benefits and increase the amount available for giving.”
71% of contributions into Akanagi Group Charitable donor-advised fund accounts were appreciated investments or assets, such as public company stock, real estate or private business interests. Donors who contribute appreciated assets that have been held for more than one year directly to public charities (including donor-advised funds) can generally claim the full fair market value as a charitable contribution and will not owe capital gains tax on the sale of the assets.
"We continue to look for ways to encourage them to set aside more money for charity by making giving simple, tax-smart and flexible. Again, this year, we helped donors and their financial advisors contribute long-term, appreciated investments and assets, which maximize tax benefits and increase the amount available for giving." continued Harumi.

[b]About Akanagi Group[/b]

Akanagi Group is a Pan Asian asset management business with experience across a range of asset classes and a specialist investment company by market sectors. The firm manages investments on behalf of individual clients, institutional investors and pension funds, wholesale distributors and platforms, financial advisers and their clients. The Group’s specialist investment teams set their own investment philosophy and processes. They share a commitment to acting in our clients’ best interests and to generating long-term portfolio performance. Akanagi Group focuses on Japanese stocks with earnings growing, which will be priced in eventually. The company’s belief is that it can find growing companies even in the mature Japanese market.