Support the Franciscans with a Tax-Smart Gift!
December is here, but it's not too late to support our friars and help share the good news of God’s love with a tax-smart gift in 2022.
Consider these options for end-of-year giving:
- Donor-advised funds (DAFs): If you have a DAF, you can still recommend a grant to the Franciscans this year. If you do not yet have a DAF, most can be created in a few days, and you’ll receive a tax deduction for contributions to your fund.
- Appreciated securities: While giving stock when the market is down may seem counterintuitive, giving long-term appreciated securities can still be a wise option. You will receive a tax deduction for the full market value and won’t pay capital gains tax.
- IRA Qualified Charitable Distribution (QCD): If you’re 70 1/2 or older, contact your plan administrator to make a QCD from your traditional IRA to the Franciscans this year. QCDs may count toward your required minimum distribution (RMD) and can be particularly beneficial for non-itemizers.
For more information, contact Colleen Cushard at (513) 721-4700 or firstname.lastname@example.org.
Posted in: Estate Planning