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Dear Friend,
Your gift to The Young Center for Immigrant Children’s Rights provides vital support to help unaccompanied and separated immigrant children from around the world find safety.
Did you know there are other ways to support the Young Center in order to maximize your tax benefits? Consider these tips to make your philanthropy even more effective before year-end:
Capitalize on Market Highs by Donating Stock
Save on capital gains tax by donating appreciated stock or other securities held more than one year. Generate an immediate tax deduction if you itemize.
Reduce Taxable Income with an IRA Qualified Charitable Distribution (QCD)
Persons age 70½ and older may distribute up to $100,000 annually tax free from an IRA. The distribution is excluded from taxable income and counts toward your required minimum distribution (RMD). Simply notify your IRA custodian you wish to make a QCD to The Young Center.
Simplify your Giving with a Donor Advised Fund
Use cash, securities, or other property to open a donor advised fund (check with your broker or financial institution to see if they offer this service). Your contribution generates a deduction this year, then you can recommend grants over time.
Stay Ahead of Important Deadlines
- Checks must be postmarked no later than December 31.
- Credit card gifts must be made before midnight on December 31 – Donate Today!
- Gifts of securities, real estate and other non-cash assets can be more complex; be sure to contact us soon.
To contribute securities or for more information about year-end giving, please reach out to me this week. My contact information is below.
We could not do this critical work without the entire Young Center community, and we are so grateful to everyone who keeps us fighting for immigrant children’s rights!
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