Tax and Gift Considerations

Important Tax and Matching Gift Considerations:

Donate appreciated securities (stock).

  • Rather than sell the security, transfer the stock at full value. You pay no taxes on capital gains.

IRA Qualified Charitable Distribution is back.

  • You can transfer up to $100,000 tax free.
  • The amount transferred is excludable from your taxable income for federal tax purposes.
  • Qualified distributions do not count towards your maximum charitable income tax deduction for other gifts of cash you may have made during the year.
  • Your IRA charitable transfer counts toward satisfying the IRA minimum required distribution rules.

Check out the benefits of business donations through EITC (Educational Income Tax Credit)

  • Maximize your tax reduction benefits.