Other Donation Options
Why donate through a donor-advised fund?
Donor-advised funds–funds held within, and managed by, a public charity–are fast becoming the most popular vehicle for charitable giving. In fact, DAFs outnumber private foundations by more than two to one. Establishing a DAF is a relatively cost-effective way for donors to reap maximum tax benefits while supporting the causes they care about. DAF holders can take a federal income tax deduction up to 50% of adjusted gross income for cash contributions and up to 30% of adjusted gross income for appreciated securities. Further, by transferring assets such as real estate or limited partnership interests to a DAF, donors can avoid capital gains taxes and receive an immediate, fair-market-value tax deduction.
Donor advised fund account managers include Thrivent, Schwab Charitable, Fidelity Charitable, Vanguard, and your local Community Foundation. Speak to a tax specialist to see if donor-advised funds are right for you.
Gifts of Stock
Help protect the American chestnut for future generations and enjoy tax advantages by making a gift of stock to The American Chestnut Foundation.
Things to remember:
- Let us know the stock is coming and the type and number of shares that will be transferred. We need this information to credit you properly and issue the receipt you will need for tax purposes.
- You can avoid capital gains tax by making a charitable gift of stock. Please note, too, that the stock contributed needs to have been held by you for more than 12 months to garner the greatest tax savings.
Fill out the TACF Gift of Stock Form.
For information on transferring stock electronically or by sending a stock certificate, please contact Heather Nelson at (828) 281-0047 or firstname.lastname@example.org.
Start Shoppping with AmazonSmile to support TACF
Did you know that Amazon has a program to support non-profits? It’s called AmazonSmile (amazon.smile.com) and it’s easy to use. Register at amazon.smile.com and select your charity of choice (The American Chestnut Foundation). Amazon then donates 0.5 % of your total eligible purchases to TACF every time you shop. This program offers the same great Amazon products, prices, and service so help support TACF today at AmazonSmile!