Other Donation Options
Have a donor-advised fund? Consider helping our efforts today. For example, Vanguard Charitable is a top U.S. grantmaking organization that fulfills its mission to increase charitable giving by administering a donor-advised fund– allows donors to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time.
An “intent to recommend” card is a great way for donors to contribute to The American Chestnut Foundation. Donors with philanthropic accounts can provide TACF with an “intent to recommend” card, and should then follow through with the normal grant recommendation process through their online account. Click on the image below to open a full-sized, fillable pledge card from Vanguard Charitable. This document is not a legally binding pledge.
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. Read more…
Other donor advised fund account managers are Thrivent, Schwab Charitable, Fidelity Charitable, 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.
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.
Combined Federal Campaign
You can help save the American chestnut every pay period when you choose to give through the Combined Federal Campaign (CFC).
If you’re a federal employee, you can participate in the CFC. To donate, all you have to do is find The American Chestnut Foundation #95986 in your campaign catalog and follow the instructions on ‘How to make a gift’. CFC’s 2016 campaign runs from September 1 – December 15.
Many employers will match donations made by current employees, employees’ spouses, and retirees. Check with your company’s human resources department to see if it sponsors a matching gift program. Employer matching gift programs are an easy way to double or even triple your impact!