FYR029: Charitable Giving with Veteran Tom Lyons and Chris Wagner

In this conversation, Tom Lyons, chairman of the Minnesota Veterans Pantry and Vector’s Chris Wagner, discuss the importance of charitable giving and philanthropy. Tom shares his personal journey from military service to establishing the Minnesota Veterans Pantry, which addresses food insecurity among veterans.

They explore the tax benefits of charitable contributions and the role of financial planning in supporting philanthropic efforts. Tom emphasizes the need for community support and encourages others to get involved in charitable work, highlighting the fulfillment that comes from helping those in need.

Takeaways

• Tom's military service deeply influenced his commitment to helping veterans.


• The Minnesota Veterans Pantry addresses food insecurity among veterans.


• Charitable giving can provide tax benefits under new legislation.


• Sojourn is a valuable tool for financial planning and charitable giving.


• Tom encourages others to find a personal passion in philanthropy.


• Leaders have a responsibility to care for those they lead.

About Thomas Lyons

Tom Lyons has 40+ years of experience in business brokerage and mergers & acquisitions helping owners maximize the value of their companies. A Vietnam-era Air Force veteran, he’s also the author of Exit Strategy, a host of Minnesota Military Radio, and a passionate advocate working on veterans’ food security and family support through nonprofit initiatives like the Minnesota Veterans Pantry.

Visit faelon.com/thomas-lyons to learn more about Tom and connect with his various causes and interests, including the Minnesota Veterans Pantry.

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Disclosure: Tom Lyons is a current client of Vector Wealth Management. Vector Wealth Management is also a paid sponsor of Today’s Business Radio, a program hosted by Tom Lyons. Tom was not compensated for participating in this interview or for sharing it. His comments reflect his own opinions and experience and should not be construed as investment advice or a recommendation of Vector Wealth Management’s services. Past performance is not indicative of future results.

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