Giving Strategically: Tips for Meaningful Philanthropy
Tips for Maximizing Your Impact
Stock Gifts
Donating appreciated stock allows you to give more while potentially avoiding capital gains taxes and receiving a fair market value deduction on this year's taxes. This strategy is particularly beneficial for stocks held in a taxable account that have been inherited or have a low cost basis. If you are considering a stock gift, follow our stock gift process and contact our team in advance to ensure a smooth transaction.
Qualified Charitable Distributions (QCDs)
If you are 70½ or older, you can donate directly from your IRA through a Qualified Charitable Distribution. This tool allows you to fund a gift tax-free while potentially counting toward your required minimum distribution (RMD) for the year. Additionally, the Foundation can split QCD gifts to eligible causes on behalf of the donors we work with, simplifying the process of making these gifts.
Year-End Giving Deadlines
Make sure to finalize your gift before December 31 to qualify for a deduction on your current-year taxes.
- Mailed Gifts must be postmarked on or before December 31 of the year you would like the deduction.
- Online Gifts must be submitted on or before December 31.
- Stock Gifts must be received and sold prior to December 31.
Employer Matching Programs
Many companies offer matching gift programs, sometimes doubling or tripling your contribution. Check with your employer to see if they participate and learn the details of available programs.
Advanced Giving Strategies
Interested in donor-advised funds, charitable trusts, or other strategic giving options? Our donor services team can provide tailored guidance and advice.
Learn More
For more information about ways to give or to start a fund, contact our Donor Services Team.
